Wednesday, March 29, 2006

Risk-neutral measure and other such bizzarities..

Risk-neutral measure - Wikipedia, the free encyclopedia

Week 1 found me going through a maze of mathematics (no time for a breather). The three classes I am taking this semester relate to investments, stochastic calculus and econometrics. As ShooGu oberved, there will be a lot of work...

One term we heard a lot of this week was risk-neutral measure and martingales. It can be shown that the existence of a risk-neutral measure implies the AOA (absense of arbitrage) condition.

Wednesday, March 22, 2006


Orientation began in earnest this week. It has been exhausting.. meeting all my future classmates, discussing team formation, introducing ourselves and why we choose the MFE program, and getting oriented with the school, computer labs, libraries, etc.

It has been a great ride so far.. meeting some very talented classmates and even more interesting faculty and program coordinators. Too tired to write anything barely coherent, will write details later..

Friday, March 17, 2006

Nobel laureates and more...

Haas NewsWire - March 6, 2006

Haas does pull in some heavyweights for the commencement ceremonies - this time it was William Sharpe of CAPM fame spoke at the ceremonies (granted he just had to hop a bridge to get to UCB)..

I wonder who will speak at my graduation eceremony one year from now???

In other news, its my last day at work today. I bid farewells, went out for drinks with the gang yesterday in Palo Alto, spoke to some of big shots, and got some packing done.

The stage is set- now for the crunch time!! Corp finance final due this weekend, C++ final project posted (due 31st), and Stats class starting this weekend as well... And First term begins March (edit) 27th.

Hmmmm.... what did I get myself into??

Wednesday, March 08, 2006

FEN report.. Interesting read

FEN Special Report: 2006 Survey of Worldwide Graduate Education Programs in Financial Engineering, Mathematical Finance and Computational Finance

Nice article from one of the better FE online mags out there. No rankings (thank goodness), but a good overview of over 22 programs.