Forums  > Books & Papers  > Self-study help  
Page 1 of 1
Display using:  


Total Posts: 1
Joined: Jun 2021
Posted: 2021-06-26 01:40
Looking for best books to dive into before starting an Applied Math MS. Lurking on this forum a bit helps me realize how much the industry has changed. Hard to figure out an optimal plan of study.

Is stochastic calculus still as important? What should I prioritize? My original plan was to start with Hull's OFaOD and Schreve's Stochastic Calculus for Finance I as well as maybe this book suggested in a previous thread since I am leaning towards a research role. Any thoughts or suggestions? Thank you all.

Mr. Ass to you

Total Posts: 861
Joined: Apr 2004
Posted: 2021-07-10 18:32
It’s hard to answer your question based on the information you’ve provided, so I suggest taking a step back and considering - what are your goals from this MS? Is it a grade? A tick box exercise that lets you apply for certain roles? Are you sure about research, in which case does a PhD follow? Is Stochastic Calc on the syllabus or just touched upon in a Finance module.
The only thing I can say for sure is that last book you linked to looks dull a.f

If there was problem, Yo I'll solve it


Total Posts: 1458
Joined: Jun 2004
Posted: 2021-07-26 08:37
Shreve is a great book but it is written for mathematicians by mathematicians. One of those big yellow books with lots of references.

If you just want to get a flavor for stochastic calculus then the introductory books by Etheridge or by Baxter and Rennie would be recommended.

I also agree with monkeyA's comments.
Previous Thread :: Next Thread 
Page 1 of 1