[校友答疑] LSE MSc Fin & Econ

舐水精灵

我申请LSE时好像申请表上的推荐人名字中的一个字母填错了~
把q写成了g~~

现在我的申请状态显示只Passed Check一封推荐信~

另一封推荐信还没有Passed Check~

 
我该怎么办啊现在？

清如水

以下是引用yinuoqianjin在2008-3-6 8:31:00的发言：

it should be more like a typical MSF programme in the US, however, I would say FE is somewhat more like or at least compatable a MFE programme in the US

Since MSc Finance is a part-time programme this year. I have no contact with students there.

Thank you very much for your useful information. 我知道LSE的economics的reputation是很不错的，不知finance怎么样呢？

MSc Finance和MSc Finance and Economics都是10个月的program，感觉时间好短啊。要同时找实习有可能吗？

wzp

以下是引用yinuoqianjin在2008-3-6 8:36:00的发言：

not necessary. but why not take this chance.

thanks.

yinuoqianjin

以下是引用舐水精灵在2008-3-6 8:53:00的发言：

我申请LSE时好像申请表上的推荐人名字中的一个字母填错了~
把q写成了g~~

现在我的申请状态显示只Passed Check一封推荐信~

另一封推荐信还没有Passed Check~

我该怎么办啊现在？

try to contact Matt Rowley and tell him everything if u r in the process of MSc F&E, btw he is quite a nice guy 

dont worry 2 much about that

but u do need some official response

yinuoqianjin

以下是引用清如水在2008-3-6 9:59:00的发言：

Thank you very much for your useful information. 我知道LSE的economics的reputation是很不错的，不知finance怎么样呢？

MSc Finance和MSc Finance and Economics都是10个月的program，感觉时间好短啊。要同时找实习有可能吗？

it is really really intensive though it is short.. thus it is not recommented to find some intern during the programme.

As far as i know, only one guy in my programme is acturally doing some trading intern position in GS during the terms. He needs to work 20-40 hours a week and get 1000 pounds back. to be honest it is not a really good deal though the name of the company is awesome. the point is u may find it difficult to get through ur programme..

generally u will not be considered as a master student for the winter intern which is designed for 1st year undergraduate though it might be slightly different for individual company. for the summer intern u can apply for many of companies even if some of them still dont consider u unless u can demonstrate that u r gonna do another year study in campus..

good news is that a few students in my programme do get some intern positions starting from next summer. the app process starts from the 2nd term after New year holiday. Ofcourse, the course is much more intensive in the 2nd term...

my suggestion is hard working for job issue from the day u arrive london and if u r good i would say 50% u may get a full-time position before the new year, and that's exactly i get.. London is a glorous place for financial industry

however, u need to consider the job market now. the vacancies in london this year is much less compared with 2006 and nobody acturally know what's going on in 2008. it seems that the city is gonna cut 10000-50000 positions in 2008 from the total among of nearly 350,000. the situation in the US is even worse, to get job there is much harder even from some great programmes. even for summer intern.

u do need to consider the job market before u decide to study and work overseas

棕榈猫

ls我站内信你了：）

jimmycen

事实上LSE 的MSc Fin&Econ和美国的MFE（MS Financial Engineering）没有可比性，侧重点更是完全不同。前者是Totally Economics-oriented。而后者，则是Highly Math&Computing-intensive的。

LSE 的FE数理计算方面严格的说甚至低于大学数学的要求，只不过有时看到的形式比较吓人而已，但这个课程只是借用那个形式的数学而已。希望能够借此更正对于这个课程广为流传的误解。当然以Economics为核心的课程上起来很有意思，感觉是“技术虽未到，思路已先到”。

yinuoqianjin

以下是引用jimmycen在2008-3-8 5:14:00的发言：

事实上LSE 的MSc Fin&Econ和美国的MFE（MS Financial Engineering）没有可比性，侧重点更是完全不同。前者是Totally Economics-oriented。而后者，则是Highly Math&Computing-intensive的。

LSE 的FE数理计算方面严格的说甚至低于大学数学的要求，只不过有时看到的形式比较吓人而已，但这个课程只是借用那个形式的数学而已。希望能够借此更正对于这个课程广为流传的误解。当然以Economics为核心的课程上起来很有意思，感觉是“技术虽未到，思路已先到”。

it's a good point though i don't agree

the only difference is the former is more research oriented so i agree with ur idea that sometimes the idea goes faster than the computation

lower than the requirement of under math course? i think it depends on is it pure math course. have talked with one American pure math student and one pure physics student in my programme, the point they gave me is that LSE's pre-course didnt get enough preparation for the requirement of math.

having to point out, I totally disagree that it is an economic-oriented course. the name of courses is rather different from what are currently used in the US. e.g. the microeconomics  course is almost the same as the so-called financial economics course in UIUC and financial economics course at LSE is at least in description very similar to financial engineering in UIUC

btw i'd like to see many different views here since the only i contribute my time here is trying to provide some info 4 following students to consider

jimmycen

pre-course(经济系的2门+金融系的1门)，我感觉已经>=之后将要实际使用的内容。那个纯数学和纯物理的，估计是认为LSE的Precourse没法满足他们个性化的求知欲吧。国外课程就是这样啊，内容框架都在这里，想走多深，走多细都看个人，所以才会有对于难度、挑战性的不同理解吧。

鉴于坛子里问这个课程的CDer可能更关心Final Exam的通过，所以我说不用担心，花里胡哨的数学在本课程的要求中只是借用形式，重要的还是Economic Intuition。

那个纯数学的和纯物理的大概想，PDE都出来了，应该讲讲怎么解吧，实际上根本不要求。看似涉及了Stochastic Calculus，可是还是围绕BM和Ito而已，难道还真的要搞明白费曼路径积分不成.

[此贴子已经被作者于2008-3-8 11:53:54编辑过]

yinuoqianjin

以下是引用jimmycen在2008-3-8 11:53:00的发言：

pre-course(经济系的2门+金融系的1门)，我感觉已经>=之后将要实际使用的内容。那个纯数学和纯物理的，估计是认为LSE的Precourse没法满足他们个性化的求知欲吧。国外课程就是这样啊，内容框架都在这里，想走多深，走多细都看个人，所以才会有对于难度、挑战性的不同理解吧。

鉴于坛子里问这个课程的CDer可能更关心Final Exam的通过，所以我说不用担心，花里胡哨的数学在本课程的要求中只是借用形式，重要的还是Economic Intuition。

那个纯数学的和纯物理的大概想，PDE都出来了，应该讲讲怎么解吧，实际上根本不要求。看似涉及了Stochastic Calculus，可是还是围绕BM和Ito而已，难道还真的要搞明白费曼路径积分不成.

pre-course  is more economic I agree though

technically by Feynman-Kac, solve PDE or conditional expectation is almost the same and the guy who's gonna solve the derivative price might choose either of them which is more easier. More generally, u will prefer to solve conditional expectation problem that's exactly BSM does. So when the lecturer teaches u how to use Feynman-Kac to translate PDE to conditional expectation or how to use Foundamental Asset Pricing Theorem (FTAP) to find the expectation problem and then solve it. You have done. You get exactly the same answer as solve PDE technically.

Ofcourse, in practice, it is very often that both PDE and expectation are very difficult to solve and practitioners may prefer using simulation to solve the problem, honestly, that's this programme does't not cover. What a pity! I guess it should be covered in MFE in general.

Many students in FE programme prefer to use Stochastic Calculus for Finance II continuous-time models by Steven and Arbitrage Theory in Continuous Time by Tomas Bjork as the main reference text-book. I will say at least for sure the first one is widely used in MFE in the US. And almost surely the MFE doesn't require u to really understant Feynman-Kac mathematically. the logic is the requirement of perspective students in such  programme is not pure math. another reasoning is that even in Steven's book which recommended for the use of master of Financial Engineering or Master of Math Finance students, Feynman-Kac is just a therom they cheated as given, no full proof in pure math is offered by the book.

for the pure math and pure physicas students i mentioned, u can say any thing I could not say yes or no here. however, i just need to mention what they both said to me "the pre-course and the Quant Finance course in summer and first term are not enough preparation for students without pure math background to understand the derivative pricing easliy"

for the final exam, really I am suffering a huge pressure from this issue, however, what i understand is that it is nothing but a great push for u to make ur inverstment valuable. So strongly recommendation is that pls dont join this programme if u just want a master degree from LSE or u r gonna be regretful for sure. Last year,  around 10% students failed the degree. As far as I know, the students who only failed in Micro-Economics got a pass finanlly while the guys unfortunately failed in Financial Economics (direvative pricing course) failed the degree. So that's another reason I strongly disagree the point that it is an economic-oriented programme.

[此贴子已经被作者于2008-3-9 0:26:29编辑过]