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The quant job market has never been tougher. Extensive preparation is essential. Expanding on the successful first edition, this second edition has been updated to reflect the latest questions asked. It now provides over 300 interview questions taken from actual interviews in the City and Wall Street. Each question comes with a full detailed solution, discussion of what the interviewer is seeking and possible follow-up questions. Topics covered include option pricing, probability, mathematics, numerical algorithms and C++, as well as a discussion of the interview process and the non-technical interview. All three authors have worked as quants and they have done many interviews from both sides of the desk. Mark Joshi has written many papers and books including the very successful introductory textbook, "The Concepts and Practice of Mathematical Finance."

  • Sales Rank: #38693 in Books
  • Published on: 2013-05-25
  • Original language: English
  • Number of items: 1
  • Dimensions: 10.00" h x .80" w x 7.01" l, 1.48 pounds
  • Binding: Paperback
  • 388 pages

Review
Review of first edition

... Joshi's book justifies the price both in cash, and more importantly the number of hours it will consume to make sure you do this stuff right. Give there are >225 main questions that can work out as one to two weeks of your life, and of course, I have to tell you that the longer you take to work through it the more time you should work on this stuff to get the job you want. ...
Given this review you can expect to see it in the new recommended reading list for our Quant Career Guide.

Dominic Connor on wilmott.com

About the Author
Mark S. Joshi is a Professor in the Centre for Actuarial Studies at the University of Melbourne. He has wide experience of teaching courses in financial mathematics and has previously held posts at the University of Cambridge and at Royal Bank of Scotland Group Risk Management. In February 2004 he was appointed Head of Quantitative Research Centre (QUARC) at RBS. He is the author of six books and numerous papers on both financial and pure mathematics, and has been an invited speaker at many international conferences.

Most helpful customer reviews

25 of 27 people found the following review helpful.
Hands on practice
By S. Gaal
I completely agree with the previous opinion.
I have been interviewing with investment banks for some period. The permanent difficulty has been how to prepare for the interview. Who is a bit familiar with the topic knows, that virtually any subject ( from Lie groups and connexions to IFRS bookkeeping standards ) can pop up during the interviews. Given the time constraint for the preparation theses technical interviews are always a "pain in the arse".
But not any longer. Actually the problems in this book ARE the questions which are asked by the firms. Just to name a few :
1. Solve the OU equation and get its moments ( Lehman )
2. What are martingales, filtration, etc ( BarCap )
3. Generate exponentially distributed random numbers in 2D ( Morgan Stanley )
4. The barrier options and their vega ( ABN Amro )
5. Hedging and its practices ( a small IT firm in Munchen )
6. And a LOT ( really ) of coin throwing, binomial trees, mostly associated with practical finanacial problems ( CDS, ameriacan and barrier options, etxc).
7. Soring algorithms

These problems ARE covered in the problem set. So if you can solve, say, 70% of all questions it must be sufficient to get through the interviews.

There are some problems with the book. It should contain a bit more stuff on PDE's and first generation exotics. E.g.
1. Schetch the quantitative behavoiur of a solution of a double barrier for a given payoff
2. Derive the price for a perpetual up and in option ( etc )

I am recommending this book with the books of Joshi ( Concepts of Finance ) and Rebonato ( the perfect hedger and the fox ).
If you interview for a senior position these books may also suit you, since you are often grilled with these coin throwing things even for a VP position.

15 of 18 people found the following review helpful.
Great Practice
By Sidhant
This is a great book if you need to prepare for quantitative interviews of any kind, and not just quantitative finance interviews. The book has a nice collection of logic and probability puzzles which get asked at a variety of interviews. Then there are lots of Black-Scholes, option pricing questions which might be of help to those facing quant interviews. There are math questions from complex analysis, matrix theory that I found really good.

All questions are solved, and the author also gives some follow up questions after the solutions. I often found some of these follow up questions very hard, and maybe the author can give some hints to them too. The author runs a website where you can interact with him, but then I am sure he is too busy to be answering all queries. So maybe in a future edition he will drop some hints to some of the harder follow up problems too.

And in the probability questions, the author doesnt use ideas from stochastic theory, which could lead to some problems being solved really quick. So maybe the author should also consider including alternative solutions to questions, whenever and whereever possible.

7 of 8 people found the following review helpful.
Good, but could be more clear
By jchen
I am a math finance student who will soon start a summer internship on Wall Street. I want to leave feedback for the best and worst books that I used in my studies so far.

The book is well balanced. The advice on the interviewing process and what should expect there is excellent. Topics covered:
Options pricing
Probability
Interest rates
Numerical techniques
Mathematics
Coding in C++
Brainteasers

There are extra questions (but with no solutions) in each chapter.

The solutions are good and detailed. One comment is that the questions are thrown together in a way that makes it hard to know which ones are easy/hard, and are more likely to be asked in first interviews. But if you know everything in the book you look really good on interviews.

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Selasa, 20 Agustus 2013

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VOLUME I ONLY. The Dynamics and Thermodynamics of Compressible Fluid Flow in Two Volumes, Volume I by Ascher H. Shapiro. 1953 hardcover published by The Ronald Press Company, New York.

  • Sales Rank: #1616498 in Books
  • Published on: 1953
  • Ingredients: Example Ingredients
  • Original language: English
  • Binding: Hardcover
  • 647 pages

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0 of 0 people found the following review helpful.
Best engineering textbook ever
By Flying Boat "Pete"
I used this book in a graduate course on compressible flow in about 1957. Without hesitation, I consider this the best textbook I have encountered in a 45 year engineering career. In later years I used it often in my work, and I still have it. I browse it occasionally when I want to be reminded how much fun being an engineer can be.

10 of 13 people found the following review helpful.
The best book on compressible fluid flow.
By A Customer
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  • Sales Rank: #1755148 in Books
  • Published on: 2010
  • Binding: Hardcover

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Sabtu, 10 Agustus 2013

[B336.Ebook] PDF Download Balance: The Quick and Easy Guide to Achieving Financial Stability , by Using a Budget, by Dr. Jason L. Cabler

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Balance: The Quick and Easy Guide to Achieving Financial Stability , by Using a Budget, by Dr. Jason L. Cabler

Balance: The Quick and Easy Guide to Achieving Financial Stability , by Using a Budget, by Dr. Jason L. Cabler



Balance: The Quick and Easy Guide to Achieving Financial Stability , by Using a Budget, by Dr. Jason L. Cabler

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Balance: The Quick and Easy Guide to Achieving Financial Stability , by Using a Budget, by Dr. Jason L. Cabler

Have you ever wanted to gain control of your money by using a budget but didn't know how to start? Have you ever tried to budget your money and it just didn't work? "How to Budget..." is an easy and entertaining guide on how to make a budget that works. This book simplifies the process and addresses all your questions and fears about how to take that first step toward gaining control of your situation so you have more money at the end of your month. "How to Budget..." can literally save you tens, or even hundreds of thousands of dollars over your lifetime when you apply the quick and easy principles you learn here. That's a pretty powerful result for such an affordable book! This contains links to budgeting forms that you can print and use every month to work out your monthly financial plan.

  • Sales Rank: #4340693 in Books
  • Published on: 2013-11-17
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.00" h x .7" w x 6.00" l, .11 pounds
  • Binding: Paperback
  • 28 pages

About the Author
I’m Dr. Jason Cabler, and I’ve been reading about, writing about, and teaching Christian personal finance for the better part of a decade now. In the early part of our marriage, my wife Angie and I were in debt, and we found that that debt was a constant drag on our finances, our relationship, and on our happiness in general. When we finally decided to do something about it we took a popular “get out of debt” course where our perspectives about money started to change. We began to come together as one financially, and to my surprise, in the middle of one session Angie unexpectedly cut up every single credit card we had in front of the entire group! Our journey to debt freedom had begun. But even though we were starting to think alike financially, we didn’t fully commit to the process and fell back into some old habits that kept us from getting free from our debt and truly succeeding financially. After another year or two of having those nagging debts cause stress in our marriage, we finally decided to fully commit to the process. We made a written plan to get out of debt and began putting together a written budget every single month, and that made all the difference. We finally began working with a plan instead of flying by the seat of our pants. We finally made a commitment to each other to never finance another car, open another credit card, or use any kind of credit whatsoever, and that is the moment when we began succeeding with money!

Most helpful customer reviews

6 of 6 people found the following review helpful.
Thanks Dr. Cabler
By Kerry Pharr
Wow! What a great resource on handling money. Thank you Dr. Cabler for sharing your great insight. I can't wait for my wife to read this.

5 of 5 people found the following review helpful.
Extremely helpful and motivating
By Barbara Friedberg
I thoroughly enjoyed reading this book. The clear cut, step by step directions to budgeting using either the "envelope" system or an online system allows for flexibility. The book highlights the reality that very few can "have it all" and we all need to consciously choose our priorities. I especially liked the links to charts and examples. I recommend this book as a great entry into the world of budgeting.

5 of 5 people found the following review helpful.
Thanks for great information
By Brenda C. Russell
This book absolutely helped my husband and I in the recovery of the last 3 years economy on our construction business. It is a very slow process but with this great advice we are able to see progress each month. This, in turn, has helped our personal finances as well.

See all 17 customer reviews...

Balance: The Quick and Easy Guide to Achieving Financial Stability , by Using a Budget, by Dr. Jason L. Cabler PDF
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[B336.Ebook] PDF Download Balance: The Quick and Easy Guide to Achieving Financial Stability , by Using a Budget, by Dr. Jason L. Cabler Doc
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Jumat, 09 Agustus 2013

[Y685.Ebook] Free Ebook Beginning Algebra, by K. Elayn Martin-Gay

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Beginning Algebra, by K. Elayn Martin-Gay



Beginning Algebra, by K. Elayn Martin-Gay

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Beginning Algebra, by K. Elayn Martin-Gay

Worksheets for Classroom or Lab Practice offer extra practice exercises for every section of the text, with ample space for students to show their work. These lab- and classroom-friendly workbooks also list the learning objectives and key vocabulary terms for every text section, along with vocabulary practice exercises.

  • Sales Rank: #1068318 in Books
  • Brand: Pearson
  • Published on: 2008-01-30
  • Original language: English
  • Number of items: 1
  • Dimensions: 11.00" h x 8.75" w x 1.00" l,
  • Binding: Hardcover
  • 626 pages

About the Author

An award-winning instructor and best-selling author, Elayn Martin-Gay has taught mathematics at the University of New Orleans for more than 25 years. Her numerous teaching awards include the local University Alumni Association’s Award for Excellence in Teaching, and Outstanding Developmental Educator at University of New Orleans, presented by the Louisiana Association of Developmental Educators.

 

Prior to writing textbooks, Elayn developed an acclaimed series of lecture videos to support developmental mathematics students in their quest for success. These highly successful videos originally served as the foundation material for her texts. Today, the videos are specific to each book in the Martin-Gay series. Elayn also pioneered the Chapter Test Prep Video to help students as they prepare for a test—their most “teachable moment!”

 

Elayn’s experience has made her aware of how busy instructors are and what a difference quality support makes. For this reason, she created the Instructor-to-Instructor video series. These videos provide instructors with suggestions for presenting specific math topics and concepts in basic mathematics, Prealgebra, beginning algebra, and intermediate algebra. Seasoned instructors can use them as a source for alternate approaches in the classroom. New or adjunct faculty may find the CDs useful for review.

 

Her textbooks and acclaimed video program support Elayn's passion of helping every student to succeed.

Most helpful customer reviews

4 of 4 people found the following review helpful.
Terrible
By Amazon Customer
I am currently taking a summer course with this book. The examples that the book gives are the simplest examples, then half way through the exercises they get into more complicated problems that they have no examples for. They change the entire format of the problems so it really throws you a curve ball. My entire class agrees that this book does not give you the necessary examples to complete the exercises in the book. Maybe so you will go online and buy a subscription for the MyMathLab? If your professor/teacher has chosen to use this book...good luck and you will be spending alot of time in tutoring or online trying to figure things out!!

14 of 15 people found the following review helpful.
Helpful
By Lexx
This book was an excellent helper for my Algebra class I took for Summer 2009.... Too bad I was too much of an idiot, and therefore needs to repeat the class again. Not the book's fault, I assure you.

Only bad thing about this is that, you will need to purchase a $70 access code from the website to get access to the online requirement for the class I took (some form of coursecompass, which gives you reviews, online quizzes, online tutors and such). The book I purchased did not come with this code.

4 of 5 people found the following review helpful.
New price is high;used price good but more to spend for code! Rip-off!
By Pie Hole Veteran
Book is oK, but you need the access code ( wont get if used ) and therefore have to spend $78 ****** dollars for some stupid letters. what a total rip! You think you're saving with getting a cheap used book at $30 when the new price is $120-160, and feel good, then the teacher mentions..."oh yeah, by the way..." wish he told us before hand about the access code stuff. What a rip, what a money making book. $78 more to spend for a stupid code. RIP-OFF!

See all 28 customer reviews...

Beginning Algebra, by K. Elayn Martin-Gay PDF
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