Is math degree in NUS useful?

[-Wanderer-]

Yes, I do know that many engineering graduates are employed by the financial institutions which mean a lot of positions only require a degree but not their trade.

An Engineering degree graduate apart from doing an 'any degree' job, he can also work for the position of Engineer.

Since you have different view from me, can you share with me apart from doing an 'any degree' job, what can a Math graduate do?

Havok_ex took the words right out of my mouth.

Hope he answered your question.

Sorry kyoji. IMO Engineers can work in financial institutions not because they just have a degree. Its because out of all the graduates that can be hired, engineers have mathematical backgrounds which are useful to financial institutions. NTU lists the several occupations that their mathematical science graduates work as :
*actuary, computer analyst, computer programmer, cryptologist, data analyst, financial analyst, financial planner, investment analyst, market research analyst, numerical analyst, operations research analyst, quality control analyst, research scientist, resource management analyst, software analyst, statistician, systems analyst, teacher, transportation analyst.

If any of you doubt that math grads can find jobs. Just Google the ntu or NUS graduate employment survey and see for yourself.

 

[dilphinus]

Havok_ex took the words right out of my mouth.

Hope he answered your question.

Triple that. An engineering degree is not just any other degree which financial institutions take in. Period.

 

[Kyoji83]

All graduate can get a job but question is how related is your course of study apply to your job or is the job you are holding is a graduate position?

If majorly of Math graduates can get these jobs [don't talk about teachers, financial adviser representative (insurance)] & etc in Singapore that you mention will be great however this is not the case from my source from analysts when I was working as a HR.

Sorry kyoji. IMO Engineers can work in financial institutions not because they just have a degree. Its because out of all the graduates that can be hired, engineers have mathematical backgrounds which are useful to financial institutions. NTU lists the several occupations that their mathematical science graduates work as :
*actuary, computer analyst, computer programmer, cryptologist, data analyst, financial analyst, financial planner, investment analyst, market research analyst, numerical analyst, operations research analyst, quality control analyst, research scientist, resource management analyst, software analyst, statistician, systems analyst, teacher, transportation analyst.

If any of you doubt that math grads can find jobs. Just Google the ntu or NUS graduate employment survey and see for yourself.

 

[Kyoji83]

It depend on what kind of job you work in a bank. Mostly this is the case that almost any other degree can get a job in a bank.

Triple that. An engineering degree is not just any other degree which financial institutions take in. Period.

 

[-Wanderer-]

All graduate can get a job but question is how related is your course of study apply to your job or is the job you are holding is a graduate position?

If majorly of Math graduates can get these jobs [don't talk about teachers, financial adviser representative (insurance)] & etc in Singapore that you mention will be great however this is not the case from my source from analysts when I was working as a HR.

Relevance of a course in math to a job as a quantitative financial analyst:

Calculus & Linear Algebra
Stochastic Modeling in Asset Pricing
Stochastic Calculus for Finance
Probability & Statistics
Linear Financial Models
Financial Time Series Analysis
Numerical Methods for Financial Instrument Pricing
Simulation Methods for Option Pricing
Advanced Statistical Modeling
Optimization in Finance

Your thinking is still very shallow. And just because you were a HR person for one company, doesn't mean that you are the HR person for all the companies in the whole world. Different companies' HR have different expectations for their candidates. Stop generalizing.

 

[Kyoji83]

1) Maybe you can share with me how many opening positions for quantitative financial analyst in the Singapore market (do not included insurance companies)? What if the Math Graduate are unable to get this job, what is the next job you think is suitable for them to apply?

2) I agree with you that different companies' HR have different expectations for their candidates which is the reason why even my experience as a HR for 3 companies & an Interviewer for another 3 companies does not mean that I am the HR person for all the companies in the whole world. If anyone want my professional consultation, I will require a full detail CV with an interview! But since this is a forum, I do not see why I cannot be generalizing? Most of the time, I am a Risk Averse rather then a Risk Prone which is the reason why I advice more on the safe side.

Relevance of a course in math to a job as a quantitative financial analyst:

Calculus & Linear Algebra
Stochastic Modeling in Asset Pricing
Stochastic Calculus for Finance
Probability & Statistics
Linear Financial Models
Financial Time Series Analysis
Numerical Methods for Financial Instrument Pricing
Simulation Methods for Option Pricing
Advanced Statistical Modeling
Optimization in Finance

Your thinking is still very shallow. And just because you were a HR person for one company, doesn't mean that you are the HR person for all the companies in the whole world. Different companies' HR have different expectations for their candidates. Stop generalizing.

 

[-Wanderer-]

1) Maybe you can share with me how many opening positions for quantitative financial analyst in the Singapore market (do not included insurance companies)? What if the Math Graduate are unable to get this job, what is the next job you think is suitable for them to apply?

2) I agree with you that different companies' HR have different expectations for their candidates which is the reason why even my experience as a HR for 3 companies & an Interviewer for another 3 companies does not mean that I am the HR person for all the companies in the whole world. If anyone want my professional consultation, I will require a full detail CV with an interview! But since this is a forum, I do not see why I cannot be generalizing? Most of the time, I am a Risk Averse rather then a Risk Prone which is the reason why I advice more on the safe side.

Havok_ex has already provided a list of occupations that math graduates can find. Please refer to his post. You are going one round again, and asking repetitive questions. As to whether how many opening positions are there out in the market, trust me when I say they exist. Do some proper research yourself. I won't be so stupid as to do free market research just for you (but patryn33 is nice to dig out one example; please refer to his post).

All in all, I believe you are still arguing for the sake of arguing and trying to drive your point across no matter what. Trying to be a "Mr-Know-it-All" and always insisting you are right. This is not the first time that you have done so. I believe I have made my point and so have the rest of us. It is up to TS to discern and sieve through the information and determine which is more relevant and accurate to him.

I am done here. Peace out.

P.S. I know you will still try to reply back as you will always want the final say. Please go ahead. This will be the last time I am taking some precious time out of my life just to reply you.

 

[Kyoji83]

I am not a "Mr-Know-it-All" if you wish to CSI my hwz profile because I have comment before. I have make my point like you & the rest because everyone of us have different experience & view. It will be better if Math Graduates can share their real life experience with TS. For now, it is up to TS to decide which path he chose to go.

I chose to spent my spare time now to comment on some value added forums like Academic Concerns then to waste time on EDMW. Since this is a forum, I believe that I have the right & can air my feeling on the injustice from your comments regardless if you are going to reply to me or not.

Havok_ex has already provided a list of occupations that math graduates can find. Please refer to his post. You are going one round again, and asking repetitive questions. As to whether how many opening positions are there out in the market, trust me when I say they exist. Do some proper research yourself. I won't be so stupid as to do free market research just for you (but patryn33 is nice to dig out one example; please refer to his post).

All in all, I believe you are still arguing for the sake of arguing and trying to drive your point across no matter what. Trying to be a "Mr-Know-it-All" and always insisting you are right. This is not the first time that you have done so. I believe I have made my point and so have the rest of us. It is up to TS to discern and sieve through the information and determine which is more relevant and accurate to him.

I am done here. Peace out.

P.S. I know you will still try to reply back as you will always want the final say. Please go ahead. This will be the last time I am taking some precious time out of my life just to reply you.

 

[dilphinus]

I am not a "Mr-Know-it-All" if you wish to CSI my hwz profile because I have comment before. I have make my point like you & the rest because everyone of us have different experience & view. It will be better if Math Graduates can share their real life experience with TS. For now, it is up to TS to decide which path he chose to go.

I chose to spent my spare time now to comment on some value added forums like Academic Concerns then to waste time on EDMW. Since this is a forum, I believe that I have the right & can air my feeling on the injustice from your comments regardless if you are going to reply to me or not.

You got so much time TO spend (NOT spent), go brush up your English. Know the difference between then and than and learn how and when to use them (then and than).

Spotted other errors too, but likewise, can't be bothered. Just wanna to take a dig...

 

[keentolearn]

What can a Math degree do in finance?

If you have good results (2nd upper & above), love the markets and the adrenaline rush and is ambitious, build up your credentials and gun for a trader position. Alot of mental math needed.