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QFI Core Exam Old Advanced Portfolio Management Forum

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  #1  
Old 02-26-2019, 01:09 PM
n27 n27 is offline
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Default QFI Quant Spring 2019

How is everyone's progress so far?

Right now I feel like I am really good with the stochastic calculus unit (section 1) and equities (section 4), but know absolutely nothing about the fixed income and modelling sections 2,3 +5.
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Old 02-28-2019, 05:09 PM
reelsteel reelsteel is offline
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I feel like I'm understanding the material. I'm almost through Topics 1-3, Stochastic Calc, Fixed Income, Interest Rate Models, but I've been mostly saving the problems for when I get through it all so that'll be the real test. Except for Stochastic Calc, I did a lot of those problems and feel good. I'm just hoping I'm not going to get lost in all of these details when I try to put it all together.
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Old 03-02-2019, 10:32 AM
n27 n27 is offline
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Word I am solid on my stochastic calc

I gotta strengthen up my skills on the other units.
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Old 03-11-2019, 01:15 PM
Habro Habro is offline
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How are you guys planning to practice all the new material? Past exams seem to be irrelevant except for Objective 1 and little bit of Objective 3. Would really appreciate your insights.
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Old 03-11-2019, 01:55 PM
nitro22ko nitro22ko is offline
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I'm just using the examples they use in the Fixed Income Securities and Volatility Smile textbook, but other than that not too sure. What I'm sure on is that this exam is just nuts.
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Old 03-11-2019, 02:50 PM
Habro Habro is offline
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I am genuinely scared to write this exam
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  #7  
Old 03-11-2019, 05:47 PM
nitro22ko nitro22ko is offline
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same here... every time I start feeling ok with let's say Section 1 (stochastic calculus), there's a question that uses some obscure calculus trick, completely destroying any bit of confidence that I had. Lots of the solutions make sense which I guess is a plus, but I have no idea how I will pull out something like a Ws^2 = Ws(Wt - Ws) + Ws^2 kind of trick out of thin air in 3 minutes....
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Old 03-11-2019, 07:21 PM
Habro Habro is offline
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lol you are right, this exam does have lots of calculus tricks which is fair to expect. I just have trouble wrapping my head around the sheer number of concepts. Also, maybe I am tripping but are you sure that equation is correct ? I dont think Ws^2 can ever be equal to the right side of that equation. On the other hand conditional expected value of Ws^2 could equal to the conditional expected value of the right side of the equation since Ws(Wt-Ws) is an independent increment of Brownian motion. assuming s<t

Last edited by Habro; 03-11-2019 at 07:24 PM..
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Old 03-11-2019, 08:06 PM
nitro22ko nitro22ko is offline
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clearly I'm not in the right mind studying lmao
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Old 03-12-2019, 01:27 PM
n27 n27 is offline
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dude I am shooketh for this test.

There are not enough problems to work. Anyone here use PAK? I hear they have more of the newer problems to work.
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