Breaking news

BREAKING NEWS........... it is said that the person( face hidden in picture) is going to apply for SRC next year. Details will be known later. May GOD Bless SRC, MMU and the STUDENTS of MMU..

Pictures..

Pictures.....they speak a thousand words.....and also cost thousands sometimes millions. Here are a few examples

Portrait of Adele Bloch-Bauer by Gustav Klimt =$135,000,000



Garçon à la Pipe by Pablo Picasso =$104,100,000


Portrait of Dr. Gachet by Vincent van Gogh =$82,500,000


Rideau, Cruchon et Compotier by Paul Cézanne =$60,500,000


Irises by Vincent Van Gogh =$53,900,000


Fabian and Kree Studying by Tharan = PRICELESS

how to make fong rush to your room...

BUZZ!!!
BUZZ!!!
bubba_t2000: come here awhile..
bubba_t2000: 'SENSORED' wants to confess his love to you
fookyih:
fookyih: omg!
fookyih: tell him i love female
fookyih: :P
bubba_t2000: come tell him yourself
fookyih: hahaha
bubba_t2000: he wants you here by his side


TIME TAKEN TO COME TO ROOM.....less than a minute.

One fine morning....

ATTENTION : THIS IS A TRUE STORY. Pictures by Ranveer Singh.


On a sunny morning one day, a guy who wanted to make a living by stealing some stuff from a abandoned house in front of my friend Ranveer's house had his life turned upsite down. I guessed he chose the wrong house and the wrong day to steal because he was spotted by one of the neighbours who then alerted the rest of the neighbours.

They formed a small group and rushed towards the house. They did it stealthyly without making much noise and alerting the intruder inside.



And..when everyone was into position....suddenly

" ALPHA GO , CHARLIE GO , DELTA GO.... " FIre in the hole.....( oops...). And with blazing guns the intruder was taken by surprise and i guessed he was more shocked to see so many people in the house suddenly.



After the dust had settled, the Intruder was questioned by the Leader of the " Tactical Team " MR Satnam Singh. At the same time, the police were called in.



Within Minutes, with 'sirens' blazing, the police RACED to the crime scene.... OOopps..did i say sirens blazing , i meant the police RODE to the crime scene



' MIssion Control, this is Alpha one declaring code red. Requesting for Backup ' and hence....' the backup with a bulging stomache arrived.



LAdies and GEntleman, new procedure by the new IGP, check for pulse before making an arrest.


Sepandai pandai tupai melompat , akhirnya jatuh ke dalam jamban juga. With that, the criminal finally fell into the jamban...errr... i meant into the police hands.


And then...it was time to say goodbye. I know.farewells could be a tearful affair...but....when he had to go...he had to go. And so...The criminal bid farewell...i think he could not ..coz his hands his cuffed....and sat behind the policeman and rode off like a just married couple....

Pirates Pirates Pirates...

Pirates...... There are many types of pirates........here are some...

Pirates


These are normal pirates that we know of


Pirates Of The Carribean



Pirates of Cyberjaya



Rare...only in Cyberjaya.

Happy Deepavali and selamat Hari Raya

yo peeps,

I have been quite busy the last few days...and i am also lazy want to blog as the connection over here in taiping sucks. Anyway been quite bored the whole week...sleeping and watching tv..haha...anyway best wishes for the festive season.

I am doing Financial Engineering

Yes...i changed my course. Many people had asked me....what is Financial Engineering all about...here goes.

What is Financial Engineering?
There are numerous definitions of financial engineering, but most revolve around managing and reducing financial risk. A few definitions from popular books and web sites include the following:

"Financial engineering refers to the application of various mathematical, statistical and computational techniques to solve practical problems in finance. Such problems include the valuation of derivatives instruments such as options, futures and swaps, the trading of securities, risk management and regulation of financial markets. No single set of mathematical tools, computational techniques or financial theory describes financial engineering. Rather, it is the synthesis of a variety of these elements. Financial engineering is a practical field and a practitioners’ field by its nature. It is driven in large part by practical problems that arise in the course of daily business; the nature of the problems demand that practitioners draw from as broad a palate of tools as possible to find the best solutions to their problems. A second, related definition is that financial engineering is the use of financial instruments such as forwards, futures, swaps, options, and related products to restructure or rearrange cash flows in order to achieve particular financial goals, particularly the management of financial risk

What are the goals of Financial Engineering?

Usually the primary goal of Financial Engineering is to reduce financial risk. A secondary goal is to restructure cash flows for better financial management, such as using a swap to change a variable rate loan to a fixed rate loan for tax purposes and/or better cash flow predictability

What types of jobs can I pursue as a Financial Engineer?

Since Financial Engineering is quantitative and computational in nature, Financial Engineers are often called "Quants." Initial jobs for Quants often involve number crunching, simulation, and analysis. With experience, Quants begin to trade, structure portfolios, and engineer custom securities and financial products. Financial Engineers are Quants who are typically more focused on financial risk reduction. Careers are dynamic and compensation is often excellent.

MSFE Employment Statistics 2004-2005 Class

The following is a list of companies and positions that was offered to and accepted by the MSFE Class of 2004-2005. Please note that duplicate offers are not listed.

Company
Position

ABS Investment Management
Risk Manager

AQR Capital
Quantitative Analyst

Banco Central de Chile
Financial Analyst

Bank of America
Associate

Bank of America Securities
Associate – RMBS/GSF Analytics

Bank of New York
Portfolio Analyst and Assistant Treasurer

Barclays Capital
Associate

Barclays Capital
Analyst – Fixed Income

BlackRock
Analyst – Portfolio Analytics

Booz Allen Hamilton
Consultant

Citigroup
Analyst

Citigroup
Vice President

Credit Suisse First Boston
Analyst

DE Shaw & Co
Securities Trader

Deutsche Bank
Analyst

Goldman Sachs
Financial Engineer – Algorithmic Trading

HSBC
Assistant Vice President

HSBC
Mortgage Backed Securities Associate

HSBC
Associate

JP Morgan
Associate – Risk Management

JP Morgan Chase
Analyst – Trading

JP Morgan Chase
Associate – Rates Market Risk Group

Lehman Brothers
Senior Analyst/Equity Derivatives Trader

Merrill Lynch
Associate – Equity Research

Morgan Stanley
Associate

Murex
Financial Consultant

Prisma Capital Partners
Risk Associate

UBS Investment Bank
Junior Trader

Compensation Statistics

Starting Salary Range
$52,000 - $110,000

Average Salary
$78,961

Median Salary
$77,500

Thats about it.... Remember my previous post on Financial Engineering..?????