chamber2: ^^^^

Violent is a very smart guy no doubt. I enjoy reading his submissions.

tanimola22:

Guy, it's been a while. You hardly post these days. You just stylishly breeze in and breeze out.

Abi one Hedge Fund jab has clicked ni? Let's us know O, so we can celebrate with you and welcome you to the world of the greedy lol.

T22

chamber2: ^^^^
Bros i dey oh, still dey hustle Thanks

How market na

violent: ^^^

Abeg, once you don land hedge fund job, me self wan follow you chop your money o!





Quick question: Is Greed a good thing?

a) Yes, it's a dog eat dog world anyway

b) No, mama says "Always be a good boy Tanimola"

C) Well, I don't think it's okay, but I'm open to being tempted.

Jarus: Started an MBA at last, after 5 years of dilly-dallying. Can't afford to abandon my job for masters abroad now, so settled for Edinburgh distance learning(only seminars to take place on-campus). Hope that will be a platform to put my head at work again.

Jarus: One of the earliest contributors to this thread some 3 years ago.

So immersed in oyel now I can't even remember anything on investment banking again

violent: ^^

Don't let anyone sell you some snake oil.

Nothing you do will make you predict the future, not especially some random number generation that is only as good or as useless as it's distributional assumptions.

AjanleKoko:

Nigerians and buzz words sha.

@Last post but one,
Monte Carlo is just some iteration method you learn in numerical analysis, if you study any numerate discipline. From science to engineering to finance and economics. It has wide mathematical use.

violent:

I recently wrote a VBA code for a risk attribution framework on one of our managed fund portfolios, and you wouldn't believe how shocked I am when my supervisor asked me "How can we make it more complex/sophisticated?"

It isn't just a Nigerian thingy. Some clients love to hear that these "big name" techniques are being applied in the management of their portfolios. That's what they pay for, that's what we sell em!

Monte Carlo in finance may be useful in sensitivity analysis or VAR models which will assume that outcomes will follow a certain distribution...which is not only misleading, but could also cost you a fortune.

violent:

I recently wrote a VBA code for a risk attribution framework on one of our managed fund portfolios, and you wouldn't believe how shocked I am when my supervisor asked me "How can we make it more complex/sophisticated?"

It isn't just a Nigerian thingy. Some clients love to hear that these "big name" techniques are being applied in the management of their portfolios. That's what they pay for, that's what we sell em!

Monte Carlo in finance may be useful in sensitivity analysis or VAR models which will assume that outcomes will follow a certain distribution...which is not only misleading, but could also cost you a fortune.

zizie: Hi,

Please How can one enter into the field of investment Banking. I have over 4 years experience in the telecom industry,also an MBA in finance and currently a CFA level 3 candidate?\

advice needed

wyt: @ zizie, i tot u are d one asking for level 2 material on the tread 'CFA candidates in house' as oda peeps has rightly said, u ought adding b adding value to this tread and of course other related tread in NL not asking such a kindagaton question.(no ofence pal). when people lik u post everyone shld listen.

AjanleKoko:

Amazing.
With all these qualifications, you're still asking these questions?
To start with, are you working in corporate finance or treasury, in your telco? If you do, then you don't need Nairaland to answer these questions of yours. I am confused. Tell us if we're missing something here.

zizie:
I work in the sales Department. Its very difficult to switch to another department in my organisation.

AjanleKoko: I was told by the HR unit that I could not switch. That I had to swap with someone.
My only concern is just to gather the experience needed by the CFAI
I'm sure there must be vacancies in Finance that you could apply for internally. Have you tried any?

zizie: I was told by the HR unit that I could not switch. That I had to swap with someone.
My only concern is just to gather the experience needed by the CFAI

AjanleKoko:

Which telco is that sef?