NewStats: 3,259,241 , 8,169,580 topics. Date: Saturday, 24 May 2025 at 01:04 PM 49203e6z3e3g |
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VampireeM: God bless you sister for this wonderful reply. I just had to and say this. May you grow higher in His infinite wisdom, Amen! 1 Like |
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MOD in charge, you would do someone a favour if this could kindly go on the front page. Someone surely must fit this profile but just hasn't seen the opportunity..
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nitrogen: Hello Nitrogen.. You really have done well for yourself given what you've stated above. But these quant finance things are different from what the CFA material covers. They hardly overlap..You don't need the CFA for quant jobs. The signal banks want to see is that you have some idea of some material which usually is covered in grad level courses, though some undergraduate programs offer them. Although with your profile you can make a sweet career in asset management, if you're keen in the area of quant finance and you have the time, I suggest you learn topics such as stochastic volatility models (SVM), stochastic calculus and time series econometrics. For instance, one of the major models for analytics at Morgan Stanley is SVM. It's better to learn these topics in a formal environment i.e. an academic program and as part of a degree so that banks where you hope to interview will be convinced enough of your knowledge to grant you interviews. There is a household name in the field of quant finance and his name is Paul. You can get to hear his views and even for his training if you have the cash. Paul's website is http://www.cqf.com/program/program-delivery. But note that banks would rather hire someone with a formal degree that shows a grasp of relevant topics than someone who acquired the same knowledge from an alternative source, excluding actual work experience of course. T22 |
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jude2011: Hello bro, Your background is impressive. For mathematical finance, however, your background is unusual. It would be hard for a very good programme to accept you if you haven't covered the undergraduate modules in the areas that @Nitro stated and including real analysis, PDEs etc..But some of these programmes offer preparatory courses and if you have the zeal and money to attend such courses in preparation for the main degree, you can take them..But I would only suggest that you do this at a respectable school because of future employment prospects. Hass Business School is an example. If you've the money, you can send them an email to ask whether they offer preparatory courses for people who have unusual backgrounds and are looking to do an MSc in quant finance. |
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nitrogen: Hello Nitrogen, you're not wrong. Though it's doable, it will take some time to reach the required level. Normally, a one year MSc in quant finance won't equip with all the heavy quant skills required to compete with people who've done quant things all their lives..Nonetheless, there are exceptions to this rule. |
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thankyouJesus: I have been thinking about your profile which I think is great for this role and for other things. Your programming skills are impressive for a math major and you are on the right path. I however can't field you for this role. You'll need graduate level coursework under your belt before you can compete for opportunities like this one. Nonetheless, something tells me your future is bright. Yes, complete the C++ routine and get really good at these languages. As you know, regular programming and problem-solving will get you there..I suggest you try to programme Brownian motion and other heavy quant areas that are used in finance. Good luck! |
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thankyouJesus: Good luck with that. If quant finance interests you, make sure you graduate with the very highest first class degree that you can get..Then learn very well at least one programming language. I recommend C++, Python and MatLab...These are programming languages very popular with quant modelling teams at many banks..During your NYSC, spend time to prepare for and blast the GRE, then apply to the top US schools - think Princeton, MIT, Harvard, Berkeley, Caltech etc. Also apply to some mid-ranking schools as safeties. With your first class honours degree and good GRE scores and given your ethnicity, yes I say ethnicity, and ultimately God on your side, one of those good to excellent schools will accept you for a PhD in Mathematics or Mathematical Finance or even Physics if you want. In your second year while doing the PhD, some of the big banks or asset managers will come to your school if you attend one of the top schools. From there, you can interview for an internship and when you get it, then that will set a foundation for a very lucrative career in the future. All the best. 5 Likes 2 Shares |
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Hello guys/ladies, Please if you meet the following requirements - 1. Based in Europe, the US or Africa 2. PhD student or recent PhD graduate in fields such as Physics/Mathematics/Computer Science/Statistics/Engineering/Mathematical Finance/any area where strong quant skills are a prerequisite 3. Can program in Python/C/C++/ R/MatLab/JaVa 4. Understands probability theory very well and keen to break into the finance industry then kindly send me an email with your CV. Role is extremely, crazily competitive and there are no guarantees.. But if you get the role, then salary is not bad, about $44K for the six months and if you impress, it becomes a full-time role where you earn a minimum of $88K basic. I will forward the first 10 CVs that meet the above requirements..My email is available on this forum. Regards T22 10 Likes 5 Shares |
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Francis5: We can't just argue based on the above submission.. The above girl is extremely bright and would have probably crushed her exams here in Nigeria, so that no university in Nigeria would turn her down. Yes, there is a quota system, but it doesn't concern people whose performances are ranked in the outstanding category..This girl is outstandingly outstanding, irrespective of her roots or village, and would have gained ission into ABU Zaria, IFE or UNILAG or IBADAN. T22 5 Likes |
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NavierStokes: Actually, this isn't necessarily a lie... The reserves also depend on the outflows from other parts of the payment balance (BOP)... Yes,it is true that remittances are inflows on the current section of the BOP and this should improve BOP and, by extension, the reserves..However, if the overall outflows are more than the inflows, despite the increased inflows, the reserves must still deplete..I suspect that is the case here, although I haven't looked at the numbers as of yet. Your point that they are liars would be very true if we could establish that the inflows for the period exceeded the outflows, yet reserves depleted! Another area where you could identify a hole is in the area of data integrity..But until someone could actually prove that the BOP data provided only signify lies, it would be difficult to negate the submission in this report. I am happy to provide more light into the above explanation in case someone still disagrees. T22 |
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Naira and Rand Versus the US Dollar - 1960 - 2014
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Hi If you studied Economics and made a first, or something very near, this could be an opportunity for you http://www.lse.ac.uk/internationalDevelopment/programmeForAfricanLeadership/howtoapply.aspx http://www.lse.ac.uk/study/informationForInternationalStudents/countryRegion/africa/nigeria/entryRequirements.aspx If you're unfamiliar with applying for scholarships, you can send me an email with your questions. I will do my best to answer. Cheers T22. PS: Mods, would be great if this could make front page. Someone will benefit. 4 Likes 1 Share |
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Raplinx: Hello, I can be reached by email. Send a nairaland request and I will do my best to be helpful. |
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Remii: I wanted to up this statement but decided to respond in order to enlighten the younger people who might be reading this. Yes, your submission used to be very true at least 10 years ago, but things are changing. The number of people choosing to study Mathematics at undergraduate level has risen astronomically over the last 10 years. This partly is responsible for the increase in cut-off marks for gaining issions into Maths. It's also responsible for the improved performances of Maths undergraduates nowadays as more and more intelligent people are choosing to study Mathematics as their first choice. Previously, it was 'they gave me Maths because I couldn't enter Engineering or Computer Science. Now, it's becoming ' I'm doing Maths because I chose it while filling my JAMB form. The result - a sharp increase in 1st class, 2:1 and 2:2 Maths graduates. When I did Mathematics some years ago, nobody wanted me to do it because they thought the only option I had was to become a teacher. The thing is that the awareness of the relevance of Mathematics has grown in leaps and bounds over the years, and many people are making a more informed decision to study Maths because they, at least, have a clue of where it's likely to land them. The notion of people reading Maths because they couldn't get into Engineering is fading, and we need to be aware of this. It is however not untrue that some people still accept Maths because they couldn't get into not only Engineering but also Computer Science. If you genuinely have access to JAMB/Post-UME data, you'll agree that my somewhat contrarian opinion is plausible. 5 Likes 4 Shares |
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tobloj: Yeah, I know MSc in structures. German schools will be good for you - high quality, no tuition..But you will need like 1.8milla in your (in fact transferred to a German in your name) to cover living expenses before you're issued visa. You've this bar? |
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Peaceisgold: Ok, do you've your transcript ready? Are your professors ready to write tight letters for you? Which schools do you have in mind? 1 Like |
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trendygirl: Engineering, wow, US schools will rush you. Gender equality is a lie in some respects. But you must at least have above average qualifications. Where're you looking at? |
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toluxa1: These are two different people. Jarus is an economist, xfire is an engineer..Although I agree that both could be in the same industry at the current time. 2 Likes |
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Nice write-up, xfire. What you've written is not far from reality. I personally have stories of one or two third class grads, not even 2:2, who're equivalent to 1st or 2:1 in ability and capacity but circumstances made them graduate with a 3rd..The circumstances, which were a combination of family pressure, lateness to school because of no money and a host of other negative factors unrelated to their academic abilities, contributed to their poor academic outing. I must warn that not all third class graduates are in this category. It's true that some 2:2 or third grads have a lot to prove and will make good employees, going to the ends of the earth to add real value to companies. In reality, and business people know this, it's an excellent strategy to hire people who have something to prove. You use their deepest of desires for validation to grow your own company. Emotion can be a very strong motivator, I tell you. Such employees work with their flesh, blood and soul - all what they have. That's one of the major reasons why Sir Richard Branson hires former prisoners/ex convicts in his firms. I once heard him say that over the last 20 years or so, some of his very best employees have been the ones who had a lot of things to prove - the ex convicts. In this scenario, I would like to liken these ex-convicts to the third class grads who've got a lot of big things to prove. Let's give them a chance. I've opened a company in Nigeria and in the right time when I've grown the required local and global client-base to make the company a big success, I know those I'll hire. 5 Likes 2 Shares |
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axeman10: It was worth it. You learned something. If things require you to replicate the same action today, you won't have difficulty. |
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kimond101: Good move. Follow this up with actually ing people that work in this company via Linkedin. Make sure your LinkedIn profile is as sweet as it can be. Also add ground hassle to your portfolio of job search strategies..One day, you'll tell a good story, a story of triumph. 1 Like |
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Gboliwe: That woman abused you with what you can't change. Please forgive her, I know it's not easy. One day, one day, those who have exalted themselves thinking that they're some kind of god, they'll answer to God. 2 Likes |
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moshoodn: Put less emphasis on UK schools. They hardly fund master's. Send me an email let's discuss there. |
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olatricia: No I don't. Someone/persons I know who have done it were already in full time jobs before embarking on it. |
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olatricia: Good luck with that. People I know who do online master's are busy working professionals who have got no time to attend live university. |
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Skykid1208: Decide on the biology related course and immediately start a master's in it and then a PhD. During your master's, you may be asked to take some upper level undergraduate courses that you didn't do with the faculty of science students during your undergrad degree. These courses are meant to fill any gaps. Your BEd won't stop you from lecturing in the faculty of science. Can't begin to name the number of people with Bed who're profs today outside of the faculty of education. But in all of these, your performance has to be strong. |
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[quote author=horbasholar post=33880060][/quote] I agree that economists might command a relatively low salary but Mhen, it all depends where you work with your economics degree. I do investment research. Investment researchers in US ibanks generally earn $100k, say with up to 4 years experience, and more than $100 with more than 4 years experience. In some of these banks, economics researchers earn as much..However, economics researchers on the same level at many think-tanks do not come even close, and I would guess that there're more economists in places where salaries are just okay..This ultimately brings down the average compensation for economists - which is why you see the low pay for economists. Industry matters. 1 Like |
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olatricia: Ola, opportunities are looking at you. Quickly take advantage of them and let's see what happens. Your luck can shine. These are not online master's, you didn't ask for such. They're full time programmes in Economics. Take some time and go through the programmes, then apply. To get these things, one must get ready to investment time, patience and energy. Omo, it's not gbam like that. Searching for scholarship online is good. But you'll have to apply far and wide. To search, begin by visiting the sites of schools and specifically the programme you want to do. How to do this? Look for a country where you'd like to study, go to wikipedia and get the names of all universities in that country. Then visit each school's website and search for your course of interest. Do that for all schools in the country. Then repeat the same exercise for all of the countries that you'd like to study. Put down all your discoveries/findings somewhere. By the time you're done, you'll have more than enough information to help you and others. Good luck 5 Likes 1 Share |
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walexy30: Remove Japan, so far QE has not worked in Japan. QE has failed to trigger the much needed inflation in Japan, the yen is weaker and costs of imported raw materials are at high levels..And companies can't even on these higher costs to their customers.. |
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