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  #1  
Old 03-13-2014, 11:55 AM
ActuaryExamTutor ActuaryExamTutor is offline
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Default Please reply to 'The Most Difficult Topics on the MFE Syllabus'

Hello MFE Students:

Good luck to those individuals sitting for the MFE exam this March:

Please provide the MFE topics that you find to be the most difficult in preparing for the exam. Your opinions are greatly appreciated.

Thank you,
Howard
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  #2  
Old 03-13-2014, 02:06 PM
ScarletGrey08 ScarletGrey08 is offline
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Brownian motion and/or Ito's Lemma
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Old 03-13-2014, 02:14 PM
DKH21 DKH21 is offline
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Black Scholes Equation and solutions
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Old 03-13-2014, 02:18 PM
mmhall16 mmhall16 is offline
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I would agree with Brownian Motion/Ito's Lemma, and also add Stochastic Integration. I also think some of the interest rate models material, especially the CIR model is pretty tricky.
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Old 03-13-2014, 02:47 PM
CherryCreamCoke CherryCreamCoke is offline
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MFE is one of the easiest exams when using ADAPT. No topics (with ADAPT).
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Old 03-13-2014, 04:37 PM
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Quote:
Originally Posted by CherryCreamCoke View Post
MFE is one of the easiest exams when using ADAPT. No topics (with ADAPT).
True. From my experience MFE is memorizing all the formulas and being good at algebra. Obtaining an excesively deep understanding of the topics is honestly a waste of time.

Act like the cattle you are.
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Old 03-13-2014, 06:36 PM
2A.or.not.2A 2A.or.not.2A is offline
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Quote:
Originally Posted by Idioteque View Post
From my experience MFE is memorizing all the formulas and being good at algebra.
This.
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Old 03-13-2014, 06:49 PM
teakbois teakbois is offline
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There are still going to be several problems just memorizing the formulas wont help.

And if you don't know the material well, its a LOT of formulas to memorize. If you know whats going on you can derive a lot of them if need be.
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Old 03-13-2014, 06:50 PM
MISTA JOJO MISTA JOJO is offline
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I struggled most with interest rate trees and brownian motion
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Old 03-13-2014, 07:14 PM
2A.or.not.2A 2A.or.not.2A is offline
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Quote:
Originally Posted by teakbois View Post
...you can derive a lot of them if need be...
simple ones, sure, but you might as well remember them then because they are simple.

hard ones, good luck running out of time.
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