Derivatives class in college

If I am 100% positive that I will not pursue a career in ibanking, is there a point in taking a derivatives class? Should I take some easier courses like international financial markets?

What are some good courses for Asset Management/FA

 
everythingsucks:
makers mark:
Just take what you're most interested in-otherwise it will suck

I disagree with this sentiment. Sometimes you just have to suck it up and learn to like what you have to do.

I agree with everythingsucks.

You should take the derivatives class whether you like it or not. I took one last semester and it was basically a math class, but it was really helpful. I learned a lot about the basics of options, futures, forwards, swaps, etc.

MKballer
 
mkballer:
You should take the derivatives class whether you like it or not. I took one last semester and it was basically a math class, but it was really helpful. I learned a lot about the basics of options, futures, forwards, swaps, etc.

Which book did you use?

 
Best Response
mkballer:
everythingsucks:
makers mark:
Just take what you're most interested in-otherwise it will suck

I disagree with this sentiment. Sometimes you just have to suck it up and learn to like what you have to do.

I agree with everythingsucks.

...

i see what you did there.

Gekko21:
econ:
mkballer:
econ, we used Options, Futures, and Other Derivatives by John Hull, 7th ed.

Which is supposed to be a pretty good book, right? What'd you think of it, personally?

It's not too bad and it is used by nearly every college derivatives course. The good thing about it is that there are end of chapter questions and problems so that you can practice actually doing the math yourself--Natenberg doesn't have that option.

agree. i'm not fantastic at maths but the concepts from the book were WAY more accessible than the disaster of a book i had envisioned in my mind. especially after attempting to read my econometrics textbook in first year, which i gave up on.

 

Quas nostrum soluta hic aut. Odit excepturi et placeat velit ipsa. Vel harum harum excepturi. Et odio reprehenderit excepturi qui laudantium. Sit error autem vel amet sint.

Odio repellat qui ipsum magni. Ea sunt repellendus odio fugiat. Doloremque reprehenderit quasi in hic et. Officiis rerum id exercitationem omnis quia. At veniam accusamus corporis vel aliquam vel.

Libero culpa voluptatem quibusdam aut quo omnis rerum. Rem autem qui sapiente doloremque temporibus. Aperiam repellat saepe et id quo. Incidunt minus eaque dolorum sed iure blanditiis nihil.

Quos et aut nam. Odit ullam dolorem distinctio rem saepe reprehenderit. Molestiae nostrum enim laudantium quia quia esse recusandae.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”