I had a question. Can CS students at Stony Brook go to campus fairs for Finance students, especially by HFTs.

I should have a review on Fordham coming out soon as well and a discussion about QuantNet

@@DimitriBianco Thank you for responding! I saw your video on Linedin Cold Messaging so I'll try to stay away from doing the things that grind your gears. I do have a single question though, I'm running a small start-up that is in risk management. The software accepts a stock_list, target standard deviation (annual), number of assets in a portfolio and total allocation. It returns with a selection of stocks from the stock_list provided and the number of shares that gets the portfolio closest to the target standard deviation. My motivation behind this project is because my parents invested all of their life savings into one particular stock that is relatively stable and when a black swan event hit they lost a lot. I asked why they didn't choose a diversified mutual fund and they said that they wanted a risk level lower than the S&P 500 and higher than the US bonds so doing this was their answer. The prototype is done and functional and I'm wrapping it in an api so that its ready for industrial use and for banks/fintech companies to integrate into their systems so other people won't suffer like my parents did. How do large companies/banks/financial institutions hear about new products that they can integrate into their system and what are the major limiting factors that prevent a large financial institution from integrating a new feature into their systems? Thank you so much for the content! I particularly enjoy listening to you talk, its like listening to that really smart friend after a couple of cold ones talk about something fascinating and you can't help but get engrossed. (Also How was my paragraph? I'm still new to cold messaging so if theres anything I coud do to improve my cold messaging please tell me!!)

The price is great. I wish I would have known about them when I was a student.

For a PhD in the US, you should not need a masters. I believe Stony Brook is the same as other universities in not needing a masters. As for aid, I would assume top candidates would received some.

You realize Jim Simon's went to Stony Brook right?... correction, as others have pointed out, he taught there but did not attend.

@@DimitriBianco I thought that Simons went to MIT for undergrad then got his Ph.D. at Berkeley and went on to teach at Stony Brook afterward. What I was more referring to was now that RenTech has their reputation as a top hedgefund they don't even need to bother looking at Stony Brook resumes when they get applicants from MIT, Stanford, Princeton, etc.

+ Jim Simmons has just donated 500 million to SBU

A quick LinkedIn search will suggest otherwise. Rentech runs a tight operation with little turnover, in other words, they don't do much recruiting in general. When they do, I would imagine most of these candidates have great experience - I would be shocked if rentech was hiring straight out of university. This is all beside the point - SBU doesn't broadcast that working at rentech is a reasonable/achievable goal after their program. It isn't a reasonable goal for 99.99% of quants in general.

@@DimitriBiancohe didn’t go to stony brook but he has been heavily involved with donating money to our campus, building buildings, and I think (not sure though) that he founded the Applied Math Dept? On Wikipedia it says he went to UC Berkeley and MIT

This is an option and I've seen it done. There just needs to be an opening at the US office.

Unfortunately no. I only make videos for programs which I review which is by invitation and the program has to provide additional information. I have invited a few schools from Europe however they are unwilling to participate.

It's possible

I disagree

There are some on the channel already

Dan Stefanica has two books which are good primers. Search him on Amazon.

Michigan will get another video review this year however they focus more on math for derivative pricing whereas Stony Brook covers more math topics for quant finance as a more general area.

@@DimitriBianco Thanks Dimitri, cheers!

It is a good idea however it is very hard to do as I don't have internal data for those programs. For example, programs all list their courses with similar titles however the depth of material covered varies a lot.

Programs from multiple NYC universities are far better than the ones from Ivy leagues, reason is that you got more experienced people teaching the subjects

MIT and such MS in Applied Math is better than any MFE tmo

Good to do one more master degree.difficult to get jobs without us degree.

Good to do one more degree in US, without US degree very difficult to get jobs.