commerce and science (1 Viewer)

[Super Pig]

Don't worry man, in one year's time you'll be in perfect shape to take those honours courses I think one can manage the course even without any background in financial maths, as long as he/she is a maths major.

 

[adamsaclown]

no... tsp get like a luncheon.. but tha'ts it, almost...

oh u get the opporutnity of doing tsp stuff... and being called a tsp student...
and *string of swear words* @ my result...

hey random question, but is there a general tsp meeting telling everyone whats going on at the start of every year? or just first year? because even though I'm in it (and should be next year), I have no idea whats going on, thought that intial start-of-year meeting was helpful. Or is it just up to us to contact our mentors and organise stuff?

 

[§eraphim]

The major means nothing - it's your choice of subjects which determine your mathematical background. E.g. If you are an algebra/number theory/discrete mathematics kind of guy, I imagine it would be equally as difficult.

Measure theory (from a pure mathematics pt of view) is yucky - I prefer not to touch any hardcore analysis till final yr. I'm pretty sure you don't need abstract measure theory for martingales as they should teach that kind of stuff in a stochastic processes course.

I probably won't be able to do a subject in binomial option pricing but I can fit in the PDEs and stochastic processes course. I hope that's sufficient.

Btw, were the majority of students taking that subject doing Honours or were many of them also doing the Financial Modelling specialisation in the Master of IT?

xiao, surely you must have touched on PDEs?

 

[Super Pig]

haha actually you are quite right, what I meant was that good applied maths/stats students would have no problem; pure maths students with some training in PDE's and probability would cope fine as well.

I can't find a word more appropriate than "yucky" to describe measure theory you won't need that for advanced option pricing, but for interest rate modelling, there are a few more technicalities to take care of, so some analysis background would be beneficial. There is no harm leaving that last though.

Most of the students taking the courses are applied/stats honours. There were a few postgrad research students as well. There was one MIT student on the first day, but he got scared away. There is a maths foundation course for MIT students before they take these financial courses, but most of them were already in deep trouble handling the foundation course (some of them couldn't even do integration by parts). So the focus would be on the maths rather than computing.

 

[§eraphim]

What times were MATH4431 and MATH4433 taught? Is there any USyd webpg that tells me that kind of info?

 

[Super Pig]

Officially Wednesday 5-7pm this year. For interest rate modelling it was changed to 4-6pm since everyone wanted to leave earlier. I think it has been Wed 5-7pm for a couple of years. It's not on any web page except that of the central timetable unit (login required).

 

[xiao1985]

hey random question, but is there a general tsp meeting telling everyone whats going on at the start of every year? or just first year? because even though I'm in it (and should be next year), I have no idea whats going on, thought that intial start-of-year meeting was helpful. Or is it just up to us to contact our mentors and organise stuff?

for first year there's a separate meetin but there's a general m eetin for all tsp students (a luncheon i believe)

 

[§eraphim]

Super Pig, did you do the Interest Rate modelling course?

 

[Super Pig]

No I didn't. I turned up in the first few weeks, the lectures were too boring to keep me there every Wed 5-7pm. Basically there was no one qualified and willing to teach the course, so they had to ask a retired applied maths prof (specialised in electromagnetism not math finance)to take the course in the last minute. Hopefully thet'll employ a new lecturer soon to fill the gap. At the moment there is no guarantee that this course will be offered again.

 

[Affinity]

xiao is encouraging seraphim to defect

 

[§eraphim]

Lol. Aren't you defecting to Oslo ?

 

[xiao1985]

xiao is encouraging seraphim to defect

OMG affinity... i thought u were dead~! =p jkz
u shud defect to usyd as well!!!

 

[§eraphim]

OMG affinity... i thought u were dead~! =p jkz
u shud defect to usyd as well!!!

Lol. He's probably too good for Usyd.

 

[xiao1985]

>< no WAY MAN!!!

usyd's heaps better...
but yeh affinity to too hard core...
i cna't believe a person who overloads can still manage straight hd's