Math for Quantatative Finance

Step-by-Step Tutorial: Preparing for a Career in Quantitative Finance

1. Assess Your Background:

   • Evaluate your background in mathematics, especially if you do not have an undergraduate degree in math but have a major in economics and a minor in mathematics.

2. Understand the Program Requirements:

   • Review the specific requirements of the program you have been offered, which may include courses like calculus, linear algebra, real analysis, and probability.

3. Identify Areas of Weakness:

   • Recognize areas where you feel you lack mathematical maturity, particularly in probability, which is crucial for quantitative finance.

4. Seek Resources for Improvement:

   • Look for resources that can help you strengthen your mathematical foundation, such as textbooks and online courses.

5. Recommended Textbooks:

   • Consider reading "All the Mathematics You Missed but Need to Know for Graduate School" by Thomas Garrity for a broad overview of mathematical concepts.
   • Look into textbooks like the one by Ross for statistics and probability.

6. Utilize Solutions Manuals:

   • If you have a textbook by Wackerly, ensure you have the solutions manual to aid in understanding and practicing problems.

7. Engage in Hard Work and Practice:

   • Dedicate time and effort to working through the textbooks and practicing problems to build your mathematical skills.

8. Improve Proof Writing Skills:

   • Enhance your proof writing skills by studying books like "The Book of Proof" by Richard Hammack, which can help you with the more rigorous aspects of mathematical reasoning found in textbooks.

9. Take Additional Courses:

   • Consider enrolling in courses that focus on functions, advanced calculus, abstract algebra, and statistics to enhance your understanding of mathematical concepts and proof writing.

10. Seek Advice and Support:

    • Engage with others in the field for advice and support, and don't hesitate to ask for help or clarification on challenging topics.

By following these steps and utilizing the recommended resources, you can strengthen your mathematical skills and prepare yourself effectively for a career in quantitative finance. Good luck in your academic journey!