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Maths and Finance

Name: Anonymous 2008-10-01 1:47

Graduating with a MBA in financial analysis this spring, was wondering if i should take calc this summer at community college, how needed is it in the business world? I know in abstract economics its really good to have, but is it worth the time and money when applied?

Name: RedCream 2008-10-01 2:08

Some of the Calculus is used in financial analyses, and in fact it's a better way of doing maths than the discrete stuff you're still stuck in with algebra.

Name: Anonymous 2008-10-01 10:34

Depending on what you want to do in the business world. If you're working with statistics, analysis, or modeling, you need calc, preferrably at an advanced level.

i.e. lots of models are based on accounting standards, which are plugged directly into mathematical equations, but you need calc to know the assumptions of a particular system of equations to know if that can be done correctly. Not all accounting standards meet the assumptions of all particular system of equations, and if they get plugged into one without the proper assumptions being met, you get an undefined or incorrect solution.

Name: Anonymous 2008-10-03 5:35

I had a god damn theory of interest course that sucked balls because it assumed that prerequisite calculus had been memorized utterly.  shittiest little textbook ever

Name: Anonymous 2008-10-03 17:37

>>2
0/5 try again
>>3
Here we go. 5/5

Name: Anonymous 2008-10-04 6:09

>>1
You are graduating with an MBA in FINANCE and are NOW contemplating calculus? Which christ-fag school are you graduating from?

On a serious note, if you are really contemplating any type of job in finance doing anything remotely related to analysis, math and upper-division economic core theory should already be in your toolbox.

You should be looking into getting exposure to partial differential equations and experience with a reputable statistical package such as SAS. This is, of course, if you want to be marketable to a real firm and not make cold-calls for the rest of your life.

Name: Anonymous 2008-10-04 9:00

In order of importance:

Calculus
Linear Algebra
Probability
Statistics

Name: Anonymous 2008-10-04 22:20

>>7
Increasing or Decreasing?

Name: Anonymous 2008-10-05 2:04

>>6
oh god
blue pill plox!

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