Vault Guide to Advanced Finance & Quantitative Interviews

By Jennifer Voitle

Book Overview

Professional career guide from the Vault Career Library covering bond fundamentals, statistics, derivatives (with detailed Black-Scholes calculations, fixed income securities, equity markets, currency... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1581311729
• ISBN13: 9781581311723
• Release Date: January 2003
• Publisher: Vault.com
• Length: 1 Pages
• Weight: 1.68 lbs.
• Dimensions: 0.7" x 8.5" x 11.1"

Customer Reviews

Errata

Hi, thanks for all of the comments. I was not aware that there were many typographical errors and I will go through the book very carefully over the next month so that hopefully soon (Jan 15, 2006 is my target) there will be an errata sheet posted on my website, treasuryfinance.com. Plus, I hope to add some spreadsheets used in the book and even a few new questions. Thanks again. (Sorry, I was forced to add a rating or I would not have been allowed to submit this).

Everything you learned in your MBA but forgot!

This book is a great review for anyone who has taken finance courses yet may not have retained as much as they would like. I picked up this book after graduating from an MBA program, and found myself saying, "oh yeah, I forgot about that" on many occasions. Overall, it's a keeper that has earned a spot on my professional bookshelf.

Excellent, Broad review for Quant Interviews

If you're preparing for an interview for a job as a "quant," FI/MBS/options trader, or risk manager, then this book is a great review of the subject matter. The chapters review bond math, statistics, derivatives, fixed income, equities, currencies, and risk management. The book focuses exclusively on finance, and not on the structure of the financial industry, typical jobs, or interview skills. However, this isn't a drawback -- there are other Vault guides that cover these areas.Overall, the book is certainly more technical & mathematical than most interview guides (except perhaps for "Heard on the Street" by Tim Crack at MIT), so be prepared to review the Black-Scholes partial differential equation. Despite the complexity of the subject matter, the author's explanations make the material accessible, and her explanations were pithy, clear, and often accompanied by helpful diagrams. My only complaints are that (1) the book doesn't include any review of accounting, which does come up in finance occasionally, and (2) there are just a few mistakes (but not too many). Overall, I found this book to be well worth the time & money I invested in it.

excellent preparation

an excellent preparation for advanced finance and quantitative interviews. covers a wide range of topics incl. fixed income, equities, statistics and risk management. starting with the very basics until pretty advanced (esp. in derivatives). a good prior knowledge of many subjects is needed, however, since many topcis are with no/little explanation. very readable with good questions (incl. answers). one might have added some quantitative and non-quantitative questions asked in investment banking interviews, but that's just a detail. Excellent book!!