Not really sure if this is the best place to be asking about this, but oh well.
I'm a Math Major concentrating in Statistics, and I've recently discovered the existence of Quantitative Finance.
What books would you all recommend on the subject? Preferably something not as pricy (under 50-70$) or something with a PDF that I can download.
I've seen a few books here and there, but I'd prefer something that someone has used and recommends.
Tl;dr Quantitative Finance book recommendations.
Thanks!
>>1294874
The Pirate Bay has a few
i think there's one called post-crisis math for quants, or something
good luck, though
all my friends doing quant work are the absolute most brilliant people I know
MIT, CMU, etc.
>>1294882
Can engineers do quant work?
Computer/Electronic Engineer here.
I didn't do stats in uni, only high level math
>>1294898
Yes, definitely
I have heard that the outlook for the future of the field is rather grim, though
but I cannot verify, as I have not researched its prospects that much
>>1294905
I'm not MIT tier, My schools engineering is about 350, I also have a bachelors in finance but I ended up in engineering cuz higher graduating salary and i figured i could transfer to banking of something later.
So, would it matter than i didn't go to a top 2% school for engineering?
>>1294882
Alright thanks I'll look it up.
This is the book I'm probably going to buy based on price, but I still want as much of a book pool to choose from as possible, so if anyone has anyore recommendations I would greatly appreciate them.
>>1294882
Is there anything for math grads to do in banking besides quant work?
I'm one of the best of my classes, but I'm not from an Ivy League school.
>>1295531
Are you still in university? Take some classes on derivatives pricing.
>>1294874
Try downloading books through your uni. Your uni might have a system that lets you download book/materials from the internet. Go to your uni's library search page and for the search option under materials/source select "internet." search for professional automated trading: theory and practice from Wiley publishing.
>>1294911
bump
Read up on algorithms and statistics. Learn coding languages (R, MATLAB, Python, C#, C++, VBA for Excel)
For interviews, you need books on brainteasers like Heard on the Street
When I prepped for prop trading interviews, Derivatives by Hull is a textbook that is considered the core text for understanding derivatives.
Other shit: Michael Lewis books, Rosenbaum & Pearl, In The House of Money, Thinking Fast & Slow, etc.
Open up a paper trading account like ThinkOrSwim, or if you have more 1000$ to blow, open up a real account.
Source: Joining an investment bank in the Fall, but also recruited for prop trading.