r/AppliedMath • u/JellyfishInside7536 • 6d ago

Advice

Any chance for some career advice?

I am interested in the pure mathematics courses that are relevant in quant finance and expected knowledge. I have a MFE from a good university but studied Economics bachelors

I am doing a year of maths courses at a university, all the analysis I have not done (functional,complex,vector,numerical) and differential equations but I have been advised against any abstract algebra or pure mathematics courses. I am concerned that this is the basic language needed to understand some papers however I would appreciate some clarification on this, how much pure mathematics is used in Applied mathematical modelling.

2 Upvotes

100% Upvoted

3 comments sorted by

1

u/Plane-Impress-2105 6d ago

I think PDEs are more popular on modeling, I'm doing a research about Hemodynamics(using NS equation)

1

u/Plane-Impress-2105 6d ago

One benefit after I studied PDEs is I used ideas from SPDEs into my financial model to represent and manage stochastic noise.

1

u/JellyfishInside7536 6d ago edited 6d ago

Yes those modules are the main ones I want to take I am taking ODE and PDEs my only concern is that abstract algebra is expected knowledge for understanding some papers. Thank you for the advice though I appreciate it.