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 Difference between finance and financial math

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fino_abama
post Oct 12 2012, 09:33 AM

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QUOTE(candy_9330 @ Oct 12 2012, 09:10 AM)
I am gonna go take Finance at UTAR too after my foundation. I am kinda terrible at Math although my add Math got B in SPM. Does Finance require lots of Math?
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A degree in finance only requires knowledge of algebra, a bit of calculus. Financial mathematic requires higher level knowledge of maths.
fino_abama
post Oct 12 2012, 11:11 AM

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QUOTE(LightningFist @ Oct 12 2012, 10:52 AM)
I'm pretty sure you can get through a Finance degree without any Calculus knowledge...
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Of course you can, but still a bit of calculus will help you to appreciate Finance better.

This post has been edited by fino_abama: Oct 12 2012, 11:13 AM
fino_abama
post Oct 12 2012, 09:37 PM

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QUOTE(LightningFist @ Oct 12 2012, 07:25 PM)
Not in my experience... I'm sure you can do a Finance degree without having to see or use or understand any Maths or Mathematical Finance, even very tiny bits within straight Finance classes. In that case, knowing any amount of Calculus wouldn't help in your appreciation or understanding of Finance.
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Errr, it seems that your definition of Maths touches on university level math. Of course you don't need to know Stochastic Calculus or how to solve a PDE to do a Finance degree. I'm referring more towards understanding how BASIC calculus is applied, like rates of change, optimization, etc.

 

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