标题: Economics before corpfin, portmgmt, equity invmt [打印本页] 作者: SFoyil 时间: 2013-4-7 09:45 标题: Economics before corpfin, portmgmt, equity invmt
Although economics has a lower ratio of questions per page, I think it should be one of the first books read to get a good understanding of the fundamentals backstopping finance. Anyone else feel the same way?作者: mkytz15 时间: 2013-4-7 09:46
I’ve just about read all of the level one books so far, and from what I’ve seen you can read the books in almost any order you like. Economics seems a good place to start as there is no ‘prerequisite’ material in the other books, and a lot of people I know writing started with it. I started with Equity/Fixed Income personally, as I wanted to keep my motivation up by reading real finance material, not support stuff like quants.作者: economicz 时间: 2013-4-7 09:47
I think Quant should be near the beginning of your studies since later topics build off of your quant skills. For example, in portfolio mgmt, the concepts of AR models & time series regressions come up again.作者: disiz64 时间: 2013-4-7 09:48
Yes, I feel Economics should be the first book to start with because volume of reading is quite high compare to 10% weighting for the topic.作者: bigredhockey55 时间: 2013-4-7 09:49
I really don’t get this. just go in order, I don’t understand the fascination of skipping around. The only thing I can see is doing ethics last because it’s pretty much pure memorization.作者: iteracom 时间: 2013-4-7 09:50
Personally I reviewed ethics at the beginning and I will review it with the SPH a couple days before the exam, as it is just straight memorization as jut111 mentioned.
I am also going in order of the books for two reasons; both of which are mentioned here:
1) I have heard that the concepts from quant are built on in later chapters
2) I want to get it done with, so I feel better about my personal progress.
Overall, I have to say that for 10%, the amount of pages the comprises economics is nothing short of ridiculous. I actually enjoy economics so it wont be a problem for me, but the weighiting really doesn’t reflect the amount of reading required. Anyways, just some thoughts.