UHT Posted April 13, 2017 Share Posted April 13, 2017 Hello everyone, Can some kind soul give me some idea about the math courses that I need to have on my transcript to get into a decent Finance PhD program at a North American University? My previous background is Finance (UG) and Economics (MS). Areas of interest: Asset Pricing and Investment Risk Management. Thanks! Quote Link to comment Share on other sites More sharing options...
YaSvoboden Posted April 13, 2017 Share Posted April 13, 2017 I would say that Calc 3 and Linear Algebra are absolute bare minimum. Additionally, Math stats, probability, and Real Analysis are basically pre-reqs. More than that can't hurt but its usefulness will vary with what field you go into. The econ MS will help. Quote Link to comment Share on other sites More sharing options...
UHT Posted April 13, 2017 Author Share Posted April 13, 2017 As I am planning to self-study mostly, any suggestions on textbooks on the subjects that you mentioned? Especially Math stats and probability? Quote Link to comment Share on other sites More sharing options...
YaSvoboden Posted April 13, 2017 Share Posted April 13, 2017 My stats class used the DeGroot and Schervish book: https://www.amazon.com/Probability-Statistics-4th-Morris-DeGroot/dp/0321500466 It was fine, but the econ PhD forum could probably give better suggestions based on where you are now. The necessary stats between econ and finance is basically the same and there are people on there that have been through a lot of different books. Any upper division stats course and probability course from the math department of a decent school should use an acceptable book. Quote Link to comment Share on other sites More sharing options...
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