COMPARE Mathematical level of MAFN vs CMU or MFE

[ferarg]

Hi, I want to know a bit, aside from opinions about the programs whats the difference on the level of in-depth mathematics of MAFN compared to for example CMU MSCF.
The differences in program structure are widely discussed however, I don't see much information about the level on the pure math courses.
I expect MAFN to go a bit more in depth but is that so?

 

[Qui-Gon]

MAFN looks more rigorous -- it's out of the math department after all -- but CMU makes up for this imo with a more balanced curriculum.

 

[noether-skolem]

To be honest if you're looking for in-depth maths you might be looking at the wrong programs. Remember that these programs admit anyone from any undergrad major as long as they satisfy the bare minimum maths requirements (probability, linear algebra, ODE, stochastic). Some programs may allow you to take PhD-level courses that go further into the topics you're interested in, so you should check with the admission staffs.

 

[quantmenot]

if you're looking for pure math courses (probability?), you might need to take a course on the side, and if it's related see if you can satisfy a requirement. Otherwise, grab a book on the subject and start reading..

If you are in financial mathematics, your best bet is to try to get as much hands on experience with financial mathematics (and finance in general) as you can get out of your program. You won't come out a mathematician, however hard you try. And, as a side note (and from experience), pure mathematics might not actually give you the relevant answers you might be looking for in the financial context (it will, but only after you have the whole picture). Heuristic arguments in applied mathematics are great 90% of the time in stochastic calculus, as it relates to financial applications.

 

[Daniel Duffy]

. Heuristic arguments in applied mathematics are great 90% of the time in stochastic calculus, as it relates to financial applications.

aka intuition, nothing wrong with that. Of course, knowing how to solve problems beforehand is better.