Which MSc Applied Statistics options?

conjectures · Post by **conjectures** » Thu Mar 08, 2012 2:52 pm

Hello

I'm just finishing up an economics conversion course and have got a place on MSc Applied Statistics at Birkbeck. I intend to take a doctorate in something related to statistical learning afterwards.

Do people think the Stochastic Modelling or Operational Research pathway looks more relevant to future work in a role in HFT?

Much appreciated

jungle · Post by **jungle** » Tue Mar 13, 2012 2:24 am

The stochastic modelling courses are more relevant to derivatives pricing than HFT.

conjectures · Post by **conjectures** » Tue Mar 13, 2012 8:50 am

Cheers for the reply Jungle. Could I infer that Operational Research would be more relevant?

The course look worthwhile overall?

jungle · Post by **jungle** » Thu Mar 15, 2012 3:35 am

Yes, stats or stats/OR look more relevant than stochastic modelling.

It seems like choosing the MSc in stats lets you take all the courses for the MSc in stats/OR, or am I missing something?

Whatever you choose, make sure you keep improving your coding skills while studying.

conjectures · Post by **conjectures** » Mon Mar 19, 2012 5:58 pm

Thanks again - you're not missing anything on the content, but the choice changes the qualification title, so there's a PR dimension to consider as well. Plus I fancy the module on Bayesian methods.

You're right about the coding too, that's something I'm planning to handle independently. Can write python - but need to extend my c++ knowledge though.