Which schools have Mathematical Finance Majors

monydad
Tue, 31 Jan 2006 22:10:45 +0000

It’s just so specialized- to a particular set of job functions within a particular industry. Generally I think one ought not seek so much advanced level specialized training in something that they may never get to do, without establishing a more general background/ foundation first, to fall back on as needed. Like say a physics major with a course or two related to FE. If at the end of the shooting match, maybe after you’ve interned someplace and seen what the job is actually like, you want to go specialize in this field you can go get a master’s in it.

But I personally think it’s better, where feasible, to work first before getting advanced specialized training in something. The training is then more relevant and better appreciated. And more needed. IMO.

All the people I worked with in this field had advanced degrees. The big hitters were all PhDs in physical sciences. If you’re going to need this level of credential to excel in the field anyway then why not get it in due course, and get a broad foundation to start out. That’s my thinking, sort of.

I’ve just seen how tough it is to get jobs in any of these fields. You wouldn’t believe the resumes of some of the people we rejected without even an interview. One can get all this specialized training but not get work at the end in this particular little field. Then what?