It's a newbie...
Hello, out to everyone on here. It's a pleasure to see so many active members constantly posting valuable information and getting to know each other. I'm currently and undergrad at Hunter college and I recently joined the forum upon researching MFE programs in the NY area. I'm not a math wiz or anything of the sort like I see so many ppl around these neighborhoods are. But I love mathematical finance and economics.
Now, I know I'm new here and I don't want to damper or reign upon the light of anyone else. But it seems like ppl are too focused on just the math side of things. Now don't get me wrong, mathematics/statistics is a wonderful tool to use in understanding and modeling concepts. However, where's the other side of things...the human side? Not everything can be quantified through numbers. Sometimes, ppl need to study the bigger picture as well. So this means trying to understand the behaviors of others and also trying to make sure the models are accurate, like in econometrics. This process is by no means an easy task. Which is why I feel that a team is better capable at doing this than any single person.
Also, no doubt I myself would like to enter into an MFE program, preferably, Baruch. But I see so many ppl that know the same stuff, whether it be black-scholes equations, stochastic processes, C++, Matlab, R, VBA, etc...how is any of this suppose to distinguish anyone person from the next? Shouldn't we also focus on developing OTHER skills that can tie all of this together and strengthen our individuality? Something that can set us apart from "the rest"?
I don't know, maybe it's just me being too cynical. Let me know what you think, especially those that have some experience out there because I'm but a novice 25 y/o, part-time nurse, who loves economics and the financial market.
