Résumés - Rutgers Business School

Transcription

Rutgers Business School – Newark & New Brunswick
Master of Quantitative Finance Program
Résumés
Classes of 2010 and 2011
Department of Finance & Economics
1 Washington Park
Newark, NJ 07102
http://business.rutgers.edu/graduate/mqf
1 Washington Park, Newark, NJ 07102
Tel: (973) 353-1146, Fax: (973) 353-1006
[email protected]
http://andromeda.rutgers.edu/~yangruwu
March 1, 2010
Dear Sir or Madam:
Enclosed please find the resumes of the students in the Rutgers Business School’s Master of Quantitative
Finance Program (MQF). Seventeen students (class of 2010) will graduate in May 2010 and are looking
for regular employment, while the other twenty four (class of 2011) will graduate in May 2011 and are
looking for internship. I encourage you to consider them for employment or internship at your company.
Most of these students have their undergraduate degrees in a quantitative field such as physics,
mathematics, computer science, or engineering. Some of them have had Ph.D. or masters degrees prior to
joining our Program. Our admission procedure is quite selective. We receive over 100 applications each
year and select approximately 25 students to enroll in the program. At Rutgers, they receive training in a
number of areas including finance (e.g. portfolio theory, asset pricing, derivatives, fixed income, and risk
management), quantitative skills (e.g. probability theory, stochastic processes, operations research, and
numerical analysis), and computing (e.g. object-oriented programming, econometrics, and simulations).
Our students also have practical experience as some of them were in the finance industry before they
joined our Program, while others have held summer internships.
Rutgers MQF has received significant recognition in the profession. An esteemed board of veteran Wall
Street executives assembled by Advanced Trading recently identified our program as among the top 10
quant programs for producing the most qualified graduates for Wall Street financial firms. These top 10
schools are Carnegie Mellon, Columbia, Cornell, NYU, Princeton, Rutgers, Stanford, UC-Berkeley,
University of Chicago, and University of Michigan. See
http://www.advancedtrading.com/showArticle.jhtml?articleID=209102204&cid=quant-center.
This resume book includes a brief description of our Program and the set of courses we offer. Further
information can be found on our website at: http://business.rutgers.edu/graduate/mqf. If you have any
questions, please feel free to contact me or our Program Administrator, Ms. Jane Foss at:
[email protected] or (973) 353-1147.
Thank you very much.
Sincerely,
Yangru Wu
Professor of Finance
Director, Master of Quantitative Finance Program
Program Personnel
Program Director
Professor Yangru Wu, Department of Finance & Economics, Rutgers Business School
Executive Board
Kenneth Abbott, Managing Director
Morgan Stanley
Tariq Asam, Vice President, Valuation, Asset Liability Management
Prudential Insurance Company of America
Ivan Brick, Professor and Chair
Department of Finance & Economics, Rutgers Business School
Laura Brooks, VP Risk Management and Chief Risk Officer
PSEG
Ren-Raw Chen, Professor
Fordham University and Morgan Stanley
Martin, Goldberg, Senior Director, Quantitative Analytics
Standard and Poor’s
Gabor Laszlo, Principal, Model Validation and Risk Measure Analytics
Barclays Global Investors
Stefan Magnusson, Managing Director, Head of Market Risk - American
Rabobank International
Yangru Wu, Professor and Director, MQF Program
Department of Finance & Economics, Rutgers Business School
Qingji Yang, Principal, Financial Services
Ernst & Young
Program Administrator
Jane Foss, Administrative Assistant
Contact Information
Dr. Yangru Wu: [email protected] or (973) 353-1146
Jane Foss: [email protected] or (973) 353-1147
Résumés
Class of 2010
1. Gentian Agastra
2. Konstantin Borovkov
3. Jayanthi Chandrasekhar
4. Haoyue Cui
5. Hao Fan
6. Honglei Fan
7. Jiaming Fang
8. Xiao Feng
9. Wenliang Guo
10. Jui-Yi Hsu
11. Ye Hua
12. Jaky Joseph
13. Songfei Li
14. Tingting Suo
15. Li Wei
16. Zhengping Zhang
17. Wenrui Zu
Résumés
Class of 2011
1. Yunan Bao
2. Jayanthi Bhagavathula
3. Yinyun Cao
4. Alok Choksi
5. Brian Deluca
6. Kunal Gooriah
7. Paul Huzarski
8. Peng Jia
9. Zhe Jian
10. Chinmay Kulkarni
11. Kuan-lin Lai
12. Yunjian Li
13. Neil Lonergan
14. Jeffrey Nied
15. Quan Qiao
16. Stephen Kyle Wade
17. Tao Wang
18. Yihan Wang
19. Isuru Wijayaratne
20. Xuhui Wu
21. Yalong Yang
22. Chengda Zhang
23. Xiao Zhang
24. Tingting Zhou
Résumés
Class of 2010
1 Washington Park
Newark, NJ 07102
GENTIAN AGASTRA
40 Burnett Street
Avenel, NJ 07001
Tel: 973-768-0012
E-mail: [email protected]
Education:
School
Projects:
RUTGERS, THE STATE UNIVERSITY OF NEW JERSEY
Rutgers Business School
Master of Quantitative Finance, January 2010
• GPA 3.6
Newark, NJ
NEW JERSEY INSTITUTE OF TECHNOLOGY
Bachelor of Science, Computer Science, May 2007
Minor, Applied Math, May 2007
• Graduated Cum Laude
• Honors: Dean’s List
Newark, NJ
PORTFOLIO ANALYSIS AND VaR SIMULATION
• Used Historical Simulation, Variance/Covariance and Monte Carlo Simulation methods to
calculate portfolio’s absolute and marginal VaR, to simulate random shocks and to
perform stress-tests and scenario analysis.
ASIAN OPTIONS PRICING
• Priced Asian Options using the Kemna-Vorst closed form analytical solution and the
Monte Carlo simulation.
• Compared both methodologies and demonstrated the accuracy and effectiveness of the
Monte Carlo simulation in the case where there is no closed form solution.
FINANCIAL DATA RESEARCH
• Collected financial market’s data that were used to construct the portfolio frontier, to
calculate VaR, to construct long-short portfolios and calculate their returns.
• Used time-series regression to perform asset pricing and examine the trade-off between
the beta and the market return.
Experience:
2000-2005
VERIZON COMMUNICATIONS
Secaucus, NJ
Facilities Technician
• Implemented engineering work prints to install telecommunication facilities.
• Provided high quality customer service by addressing issues in a timely manner, which
resulted in higher customer retention.
• Promoted newly launched products to the customer base resulting in new sales leads.
2005-2009
Multimedia Technician
Secaucus, NJ
• Installed and maintained fiber optics networks which provided the backbone of the newly
launched FIOS service.
• Assisted in training new team members on job and safety practices that resulted in their
quick and successful adaptation to their business functions.
Additional:
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Proficient in C++, Java, VB, Oracle/SQL
Proficient in MS Office Suite
Fluent in Albanian, English. Capabilities in Italian, Spanish.
KONSTANTIN BOROVKOV
118 Royal Drive, Apt. 388
Piscataway, NJ 08854
Tel.: 732-424-9854
Education:
Master of Quantitative Finance, January 2010
 GPA 3.9
THE URAL STATE TECHNICAL UNIVERSITY
Radio-Technical Department
Diploma in Computer Engineering, February 1996
(M. S. equivalent)
 GPA 4.9/5
Newark, NJ
Ekaterinburg, Russia
Experience:
2006-2007
AMEDIA NETWORKS, INC.
Eatontown, NJ
Software Engineer
 Designed, documented and developed real-time telecommunication software
on Linux using C/C++ to lower production cost.
 Coordinated hardware verification and acceptance activities to fulfill
contractual obligations.
 Analyzed and resolved system problems to maintain overall stability.
2002-2005
CYBERPATH, INC.
Piscataway, NJ
Software Engineer
 Designed, documented and developed diagnostic software to reduce
production time.
 Contributed to hardware designs to ensure their feasibility.
 Investigated and troubleshot hardware and software problems to improve
performance.
1999-2001
OPENCON SYSTEMS, INC.
Piscataway, NJ
Firmware Engineer
 Designed and developed multi-threaded software using C/C++ to decrease
cost of protocol testing.
 Studied and addressed system issues to enhance product quality.
Additional:
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Proficient in MS Office Suite.
Proficient in programming using C/C++.
Fluent in Russian.
JAYANTHI CHANDRASEKHAR
2 Brentwood Lane
Cranbury, NJ 08512
Tel: (732) 618-8204
Education:
Master of Quantitative Finance, May 2010
• GPA 3.6
Newark, NJ
Academic Projects:
• Optimization of Portfolios: Realized optimal proportion of stocks in portfolios of 4
companies to maximize performance.
• Simulation of a Mail System and an Inventory System.
• Stock Market Trend Analysis: Tracked and graphed market trends of S&P and Dow Jones
indices using mathematical modeling techniques.
• Design and implementation of a Neural Network for financial systems
Rutgers School of Arts and Science
Camden, NJ
Master of Science in Mathematics May 2001
• GPA 3.6
• Thesis: Conditional Probability: Analyzed real life situations of data misinterpretation
MYSORE UNIVERSITY
Bachelor of Science in Physics, Chemistry, and Mathematics
Hassan, India
Experience:
2008-Present
LAW SCHOOL ADMISSIONS COUNCIL
Newtown, PA
Data Conversion Analyst
Standardized and optimized the conversion process from FoxPro to SQLServer and Crystal IX
to Crystal XI reports for the new ACES2 software implementation.
• Used advanced SQL query skills and diagnostic ability to identify data discrepancies.
• Implemented ACES2 for 100+ law schools one year ahead of schedule.
2007
VEDICSOFT
Edison, NJ
Consultant
Trained on Data Warehousing skills, using Business Objects and Microsoft Dot net
framework. Used C sharp and Crystal Xtra I to implement medical reports used in hospital ER.
• Wrote stored procedures using T-SQL in SQL Server 2000.
• Generated and migrated various reports using C#.NET, Crystal Xtra reports.
• Tested and debugged programs for the project.
2002-2006
HIGHTSTOWN AND EAST BRUNSWICK HIGH SCHOOLS
New Jersey
Math Teacher
• Taught 400+ students in Algebra 1 and 2, Geometry, Calculus and Statistics (1) and (2).
2001-2002
Camden, NJ
Adjunct Professor
• Analyzed stock market trends to determine feasibility studies for companies, using
Minitab, SAS, and Excel.
• Taught College Algebra and Calculus for Business courses to 120 undergraduate students.
Additional:
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Proficient in Crystal reports, Xcelsius, Business Objects, Excel, SAS, C++, SQL Server,
VB.Net, Maple V, Matlab and MathType, TI Navigator, and TI Calculator series.
HAOYUE (KEVIN) CUI
725 Jersey Street, Harrison, NJ 07029 503-737-5977 [email protected]
Education:
Newark, NJ
• GPA 3.9/4.0
• Class President, Master of Quantitative Finance Program
• Course Taken: Probabilities, Stochastic Process, Financial Modeling, Operation Research,
Microeconomics, Fixed Income, Investment, Risk Management, Financial Statement
Analysis.
• Risk Management Project: Used Exploratory Data Analysis and Brownian Bridge to fix
missing data, run Historical Simulation and Monte Carlo Simulation to develop portfolio
VAR.
• Fixed Income Project: Minimized tracking errors for passive bond portfolio by excel
VBA, adjusted weights to create cash neutral and dollar duration neutral portfolio using
butterfly active strategy
LEWIS & CLARK COLLEGE
Bachelor of Arts, Economics, Math Minor, May 2008
• GPA 3.5/4.0
• Academic Award, John V. Baumler Scholarship for Economics honor
Portland, OR
Experience:
2009
CITIC Securities Co, Ltd.
Beijing, China
Equity Research Department, Financial Engineering and Derivatives Group
Research Analyst
• Analyzed how financial accounting ratios affect Chinese A-share stock price, using
Matlab to simulate historical data, finding best stock holding time corresponding to
various accounting ratio range, finishing written reports
• Used Citics’ renovated technical analysis to analyze all Chinese A-share stocks, finding
the feasibility and success rate of technical analysis
• Applied statistical models to test significance of Fama multi-factor on Chinese A-share
stocks, finding indicators of style rotation between big and small cap stocks.
• Attended 2009 Citics Investment Strategy Conference, meeting mutual fund manager
clients, giving speech regarding technical and fundamental mix investment strategies
2007
LEWIS & CLARK COLLEGE
Portland, OR
Student and Professor Collaborative Summer Research
Research Assistant
• Assisted professor to estimate the impact of student financial aid on labor supply, used
econometrics models to explain why financial aid recipients tend to decrease their market
labor hours
• Built linear probability models and used Panel Data estimatio methods to regress student
labor supply variables on a vector of variables that include different types of student
financial aids
• Simulated the correlations between various types of financial aid and hours of a student
works, used time series cross-sectional models to adjust actual data bias
2006
CHINA CITIC BANK
Chengdu, China
Assistant Analyst
• Participated in an oversea project that financed Pakistani windmill power plant
• Constructed project cash flow by Excel, projecting if future profits cover various costs
Skills:
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Proficient in MS Office Suite, C, C++, VBA, JAVA, R, AMPL, MATLAB, EVIEWS
CFA LEVEL II Candidate (June, 2010)
HAO FAN
155 University Avenue, Apt. 1311C
Newark, NJ 07102
Tel: 201-800-6256
86-138-1113-1152
Education:
• GPA 3.93/4.0
• MQF scholarship
PEKING UNIVERSITY
Bachelor of Science, Applied Mathematics, July 2008
Newark, NJ
Beijing, China
Experience: CITIC Securities Co., Ltd.
Beijing, China
2009
Assistant Analyst, Summer Intern, Fixed Income team, Research Department
• Wrote a report to analyze China quasi-municipal bonds.
• Established a credit rating system for China quasi-municipal bonds, using clustering,
discrimination analysis and Multivariate Linear Regression Models. The creative works made
up for gaps in CITIC Securities rating system and was highly evaluated by clients.
• Finished domestic USD bond market report to analyze Chinese enterprises’ USD demand and
domestic USD bond investor structure, forecast great picture of domestic USD bond market.
The report was taken as road show material and well received by most investors.
2009
China International Capital Corporation Limited (CICC)
Beijing, China
Assistant Analyst, Summer Intern, Quantitative Analytic Group
• Built Perl programs under Linux for data collecting, text mining and automation, which are
widely applied as important components in CICC’s trading system.
• Established a multifactor model for Hong Kong equity market, using principal component
analysis.
• Built structural models to forecast the asset and portfolio level risk of Hong Kong equity.
2007
ABN AMRO TEDA FUND MANAGEMENT CO., LTD.
Assistant Analyst, Summer Intern, Fixed Income Department
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Additional:
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Beijing, China
Wrote weekly market notes of the Chinese fixed income market, gave domestic fixed income
market brief introduction in the weekly teleconference held by the Fixed Income Department
of ABN AMRO Asia.
Finished independently Report on Sampling of China Aggregate Bond Index, analyzing
historical data by correlation and significance tests, and gave the meaning of adopting this
index as the benchmark of yields on bonds portfolios.
Generated an integrated platform by Excel and VBA, which could get significant parameters of
bonds automatically according to positions.
Priced convertible bonds with Monte Carlo model.
Brief but proficient weekly notes won praise from everyone in the conference. VBA model is
still being used by the fund. Analytical and communication skills polished.
Proficient in MS Office Suite, Bloomberg
Proficient in C, C++, JAVA, VBA, R, MATLAB, SPSS, SAS, Eviews
CFA Level II Candidate, June 2010
HENRY (HONGLEI) FAN
18 Marion Drive
Plainsboro, NJ 08536
Tel: 609-721-3855
Education:
Newark, NJ
Master of Quantitative Finance, December 2009
• GPA 3.96
• Passed CFA Level I, II and III on first attempt; Passed FRM
• Courses Taken: Stochastic Calculus for Finance; Theories of Options, Futures and other
Derivatives; Microeconomics, Financial Models, Fixed Income, Credit Derivatives,
Interest Rate Models and Derivatives, Risk Management, Binomial/Trinomial Tree
methods, Finite difference method, Black-Scholes Model, etc
UNIVERSITY OF CONNECTICUT
Storrs, CT
Ph.D. in Physics, September 1999
• GPA 4.0
• Research area: Photonics and Fiber Communication Systems
• 21 publications on peer reviewed and worldwide circulated journals
FUDAN UNIVERSITY
Master of Science, Physics, July 1996
Shanghai, China
FUDAN UNIVERSITY
Bachelor of Science, Physics, July 1993
Shanghai, China
Experience:
1999-Present
JDS Uniphase
Robbinsville, NJ
Optical Engineer and Design Lead
• Utilize mathematical model and numerical computation to design fiber optical amplifiers
• Develop C/C++ and Matlab programs to simulate the optical performance of the amplifier
• Build algorithms to optimize the product design using C++/Matlab language with various
constraints
• Provide quantitative analysis on the product performance variations and risk assessment
for product manufacturing
• Write C/C++ program to automatically control the testing instruments
1997-1999
PHOTONICS RESEARCH CENTER OF UCONN
Storrs, CT
Research Assistant
• Conducted theoretical research, numerical modeling and laboratory experiments on fiber
laser and high-speed optical pulses in semiconductor amplifiers
• Built physics and mathematical models (solving coupled non-linear partial differential
equations) to study all the experimental results using C/C++ programming
1993-1996
NATIONAL LAB OF SURFACE PHYSICS AT FUNDAN UNIV. Shanghai, China
Research Assistant
• Developed an automatic optical spectrum measurement instrument with C++ program
• Applied theoretical study and modeling on device development of porous silicon
Additional:
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Proficient in C/C++, Matlab, Java, VBA, SAS
Mathematics: theory of probability, statistics, stochastic calculus, measure theory,
differential equations, linear algebra, linear programming theory, numerical modeling,
Monte Carlo simulations, and Mathematical finance
Proficient in Excel, Power Point, Word, Unix and Windows
JIAMING (JASMINE) FANG
520 Cross Street
Harrison, NJ 07029
Tel: 347-281-1855
Education:
RUTGERS, STATE UNIVERSITY OF NEW JERSEY
• GPA: 3.8/4.0
• Rutgers Business School Dean Scholarship
Newark, NJ
TSINGHUA UNIVERSITY
Beijing, China
Bachelor of Engineering, Electronic Engineering and Computer Science, June 2008
Experience:
06/2009-09/2009
STANDARD AND POOR’S
New York City, NY
Summer Quantitative Analytics Associate
• Designed and implemented the multiscale LCP (Local Change Point) model using
MATLAB for dynamic volatility and correlation analysis. This model is used as the
testing method during the model review process.
• Created low-pass-filter searching for regime shifts in default correlation process, as
the fundamental research for credit derivative products.
• Analyzed the robustness of the LCP models through Monte Carlo simulation and
backtesting on historical data of international stock indexes, fixed income market,
currency exchange.
• Developed C++ projects for credit derivatives products within the financial quality
assurance process.
02/2007-06/2008
LAB OF COMPUTER VISION, TSINGHUA UNIVERSITY
Beijing, China
Research Assistant
• Designed and implemented the algorithm of image forensics for National Ministry of
Public Security using Matlab and C++.
• Evaluated and optimized the algorithm to reduce the error rate of image identification
from 1.2% to 0.1%.
• Led the team of six research assistants, checking and reporting team members’
progress for individual projects.
05/2006-01/2007
CHINA ACADEMY OF SCIENCE
Shanghai, China
Optimization Engineer Intern
• Developed the universe layer of the Business Objects platform using SQL. The
platform is set up on Sybase Database.
• Designed and implemented the algorithm to determine the optimal dispatch pattern for
China Railway Ministration.
• Generated thirty Crystal Reports, which are automatically updated on a daily basis.
09/2006-02/2007
TECC (NGO), SPONSORED BY GOLDMAN SACHS
Beijing, China
Project Manager
• Raised $ 10,000 fund from Microsoft Corporation for the “Olympic Case Design
Competition” held among top universities in China.
• Conducted the project and awarded “Best Volunteer of Year 2006” from TECC for
exceptional leadership.
Additional:
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Proficient in C++, MATLAB, VBA, R, AMPL and Arena.
Member, International Association of Financial Engineers.
First Prize, China National High School Chemistry Olympia Competition
XIAO FENG
430 Passaic Avenue
Kearny, NJ 07032
Tel: (973) 782-3787
Education:
Newark, NJ
• GPA: 3.95
• Member of Finance and Investment Club, Rutgers Business School
• Fixed Income Project:
Used Matlab to simulate Zero-Coupon Yield Curve and interest rate paths based on Lattice model,
and then calculate expected cash flow and prepayment on each period according to CIR model for
pricing structure finance products
• Risk Management Project:
Applied Exploratory Data Analysis and Monte Carlo Simulation to fix the missing US Dollar
exchange rate data and run Historical Simulation in Matlab based on Vasicek volatility model to
valuate currency option
SOUTH CHINA UNIVERSITY OF TECHNOLOGY (S.C.U.T.) Guangzhou, CHINA
Bachelor of Economics, July 2008
• GPA: 3.6
• Vice President of the Students’ Union, S.C.U.T
• Macroeconomic Neural Network Project:
Tested Solow growth model by developing correlations between Leading Economic Indicators
(LEI) and Gross Domestic Product (GDP) using back propagation neural network method and
then simulated balanced growth path.
Experience:
2009-Present
2008-2009
Additional:
DAWSON HERMAN CAPITAL MANAGEMENT
New York, NY
Internship, Quantitative Analyst
• Followed gold industry supply demand fundamentals and price trends by building stepwise
regression models relating inflation, national income, interest rates and money supply
• Perform quantitative analysis on oil companies’ production and reserve by ARIMA model, and
attend conference calls and group meetings with company executives to help senior analysts
generate investment idea
• Follow energy market by building oil demand, supply, inventory level and energy price database,
and use time series regression model to support oil price volatility analysis
• Developed alternative energy equity research report: ORMAT TECHNOLOGIES (ORA) by
analyzing geothermal energy market and forecasting U.S. utility market demand elasticity which
helped energy portfolio gain over 30% return within three month
JUNO MOTHER EARTH ASSET MANAGEMENT
New York, NY
Internship, Trading Assistant
• Responsible for portfolio VAR and Correlation Analysis with HFR Global Hedge Fund index
which brings 20% increase for portfolios’ Information Ratio within four month
• Analyzed commodity equity price pattern using technical analysis and writing equity screening
program in Matlab to help portfolio manager detect market momentum
• Analyzed commodity portfolio daily P/L and exposure level through historical simulation and
scenario analysis to provide risk management report
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Candidate of CFA Level II Exam (June, 2010)
Proficient in MS Office Suite, Excel VBA; Matlab; JAVA, C++ and EViews
Fluent in English, Chinese (Mandarin) and Cantonese
WENLIANG GUO
540 Schuyler Ave.
Kearny, NJ, 07032
Tel: 1-972-896-0133 (USA)
86-1353-372-9007(CHINA)
Education:
Newark, NJ
Master of Quantitative Finance, May 2010.
• Cumulative GPA 3.93 / 4.00.
• Core courses: Financial Modeling, Micro Economic Theory, Investments, Probability
Theory, Stochastic Processes, Operation Research, Numerical Analysis, International
Capital Markets, Fixed Income, Adv. Financial Management, Financial Simulation.
PEKING UNIVERSITY
Beijing, China
Bachelor of Science, Computer Science, July 2008.
• Student Union of the School of Electronic Engineering and Computer Science,
Secretary General.
Experience:
2009
CHINA INVESTMENT CORPORATION
Beijing, China
Intern, Proprietary Trading Assistant, Tactical Investment Department
• Focused on equity trading quality analysis.
• Designed and implemented software based on Excel VBA to download trading data
from Bloomberg Terminal, analyze transaction records provided by brokers in Hong
Kong, Tokyo and New York, calculate TWAP, VWAP and Implementation Shortfall,
and draw graphs to show the execution quality.
• Designed and maintained weekly commission book. Grouped transactions into High
Touch, Low Touch and DMA categories to monitor commission costs.
• Calculated daily P&L and monitored market movements via Bloomberg Terminal.
• Attended conference calls and wrote an internal report to the executives on the IPO of
Metallurgical Corporation of China.
2009
TSINGHUA UNIVERSITY
Beijing, China
Research Assistant, Institute of Financial Engineering
• Researched on stock valuation models of small and medium commercial banks.
• Tested internal stock valuation models on various medium sized banks in China.
2008
GUANGZHOU SECURITIES
Guangzhou, China
Intern, Research Analyst
• Used Wind.NET Information Terminal to collect Real Estate market data and
professional reports for the Real Estate research team.
• Investigated relationship between trading volumes and price movements of China Real
Estate stock market in order to design time series models to explain the relationship.
• Analyzed t-statistics of times series models to create a correlation bench-mark in
grouping Real Estate stocks for comparison and further research.
2006
BANK OF CHINA
Guangzhou, China
Intern, Assistant Analyst
• Evaluated financial products in order to make the best recommendation to personal
finance clients.
• Reconciled corporate banking transactions in order to reduce banking risk.
Additional:
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Proficient in MS Office Suite.
Proficient in C++, Java and Excel VBA
Familiar with SQL, R, AMPL, SPSS, Perl, PHP, XML and JavaScript.
Fluent in Mandarin and English, competent in Cantonese.
Interested in Swimming and Tennis.
JUI-YI HSU
101 Bleeker Street, #52
Newark, NJ 07102
Tel: 862-237-6310
Education:
• GPA 3.6
• Member, Rutgers Women in Business
• Member, Finance and Investment Club
Newark, NJ
Relevant Coursework:
Investment Analysis and Management, Microeconomic Theory, Object Oriented Programming,
Introduction to Probability, Operation Research Model, Financial Modeling, Stochastic Process,
Econometrics, Numerical Analysis
NATIONAL CHIAO TUNG UNIVERSITY
Bachelor of Management Science, Financial Engineering, June 2007
• GPA 3.8
• Class Representative
• Member, Student Union
• Chief Secretary, Student Association of Management Science
Hsinchu, Taiwan
Experience:
2009
BANGKOK BANK
Kaohsiung, Taiwan
Intern Researcher
• Study economic, financial, political and social trend and the role of commercial banks, other
businesses, exports and business laws, built up the sense of the commercial banking.
• Helped identifying customer risk factors and control the internal credit risks, enhanced networks
and cooperation between risk management sector, marketing sector and auditing sector.
• Worked closely with financial executive and manager to research in calculating the risk exposure
of prospective customers, figured out indicators of potential risk and weakness of certain credits.
2007-2008
NATIONAL CHIAO TUNG UNIVERSITY
Hsinchu, Taiwan
Special Assistant
• Allocated $75,000 High-Speed Electronic Group research fund, resulted in 97% of fund being
utilized.
• Created financial reports indicating monthly and seasonal expenditures to identify progress and
efficiency of researchers.
• Built strong relationships by providing company-policy rebuilding suggestions and
administration assistance with CEOs.
• Partnered with professor’s overseas financial agencies to maintain high level of return on
professor’s personal investments.
2006
SHIN TA FROZEN FOOD CO., LTD.
Taipei, Taiwan
Consultant
• Evaluated sales profit of exports involving tariff versus net income and after- tax profit. Helped
identify tax effect in proportion to profit.
• Suggested and implemented comprehensive strategic-planning process that provided greater
definition of target customers. Improved merchandise alignment, resulting in sales boosts and
increase of after-tax profits.
Additional:
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Proficient in MS Office Suite, C/C++, JAVA, Matlab, MySQL, R, HTML, and AMPL.
Fluent in Mandarin and Taiwanese.
YE HUA
436 Sussex Street, 2nd Floor
Harrison, NJ 07029
Tel: 608-215-8527
Education:
• GPA: 3.78
Newark, NJ
CENTRAL SOUTH UNIVERSITY
Changsha China
Bachelor of Computer Science, Software Engineering, May 2006
• GPA: 3.4
• Recipient, University-Scholarship for academic excellence and excellent graduate student
Experience:
2009
Java Project
• Designed a 3-layers Neutral Net to evaluate the optimal weights for predicting the
GDP implemented this model in JAVA
2008
2006-2008
C++ Project
• Designed an email system using C++, which simulates the real e-mail system
BEST POWER TOOLS CO., LTD
Zhejiang, China
Project Manager
• Analyzed new business development initiatives and prepared weekly briefings to
recommend new investments for company
• Collaborated with departments to determine the negotiating strategy on business issues
such as high return-rate of company products, in order to minimize the loss of money on
business and maintain the long-term contracts with business partners for company
2006
GRACE SEMICONDUCTOR MANUFACTURING CO., LTD
Shanghai, China
Application Engineer in I.T. Department
• Programmed and maintained the library reference of fundmental Functions and
Procedures used in developing LOTUS system of company
• Offered support to the ERP system of company, focusing on the integrated maintenance of
information database of material-purchase and products-selling.
• Developed Gates Priority Approve and Assignment systems, which helped company with
managing the safety of confidential research labs
2006
CENTRAL SOUTH UNIVERSITY
Changsha, China
Involved in GIS (Geographical Information System) Development project
• Analyzed the geography information of mineral reserve to extract the useful data and
designed the Cell-Modeling algorithm to improve the precision of evaluation on mineral
reserves
• Programmed and implemented the Cell-Modeling Computing system with C++ and
OpenGL, a sub-system in GIS (Geographical Information System) system
2005
POWERISE INFORMATION CO., LTD
Changsha, China
Internship
• Managed 6 teammates in designing a Human Resource Management System using ASP
and C++, a system in order to improve the efficiency in management of human resource
for the company
Additional:
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Proficient in JAVA, C++, Visio, Excel and VBA
Fluent in Chinese and English
JAKY JOSEPH
4514 Pine Street, Apt. 404
Philadelphia, PA 19143
Tel: 646-221-5143
Education:
Newark, NJ
Master in Quantitative Finance, May 2010
• Vice-President and Treasurer, MQF Student Government Association
• Recipient, Master in Quantitative Finance Fellowship
• Guest Lecturer, Seminar in Visual Basic for Applications
SWARTHMORE COLLEGE
Swarthmore, PA
Bachelor of Arts, Economics and Mathematics, May 2006
• Recipient, Jerry Wood Memorial Excellence & Leadership Award
• Recipient, Dean’s Award
• Recipient, Swarthmore Scholar Award
• Recipient, Richard Rubin Scholar Award
• Member, Dean Search Committee
• President, Swarthmore African-American Students’ Society
• Founding Member, Swarthmore Business Association
Experience:
2006-Present
PUBLIC FINANCIAL MANAGEMENT, INC.
Philadelphia, PA
Consultant
• Developed multiple secondary market municipal bond tracking models to aid in primary
market pricing, evaluate underwriter performance, and evaluate market sentiment.
• Developed option valuation models using lognormal binomial methods to value embedded
municipal bond options, cutting down option evaluation time by half.
• Advised on over $10 billion dollars of primary municipal bond offerings in various sectors
including complex bond transactions in the area of Public Power, Gas Pre-pay, and
Tobacco Bonds.
• Conduct ongoing company-wide training, existing consultant training and training for new
consultant hires.
• Develop, test, verify and internally market new analytical firm-wide models.
• Provide support on software packages across the firm.
• Advise local and state government, utility and non-profit clients in the areas of strategic
planning, debt management, fixed income derivatives and bond issuances.
2005
UNITED STATES TAX COURT, Judge Maurice B. Foley
Washington D.C.
Legal Intern
• Researched and analyzed IRS and Treasury Department tax regulations for 4 major cases.
• Reviewed and proofread daily decisions from the Court.
• Proofread decisions written by law clerks, law reviews, journals and tax reports.
• Underwent training in legal writing.
Additional:
•
•
•
Proficient in C++, Java, MatLab, SQL, VBA, XML, Bloomberg, Microsoft Excel and
Office, DBC, Mathematica, STATA, What’s Best® Linear Optimization, Bloomberg
Coursework: Microeconomics, Stochastic Calculus, Analysis of Fixed Income Securities,
Object-Oriented Programming, Operations Research Models in Finance, Options,
Financial Modeling, Market Microstructure
Fluent in French Creole
Education:
SONGFEI（SOPHIE）LI
107 North 2nd Street
Harrison, NJ 07029
Tel: 479-799-8678
Newark, NJ
GPA: 3.8/4.0
Courses taken included: Fixed Income, Risk Management, Financial Statement Analysis, Options, Financial
Modeling, Stochastic Process, Java, C++, Simulation, Numerical Analysis, Investment, Operation Research,
Probability with R, Microeconomics
SHANGHAI UNIVERSITY OF FINANCE & ECONOMICS
Shanghai, China
Bachelor of Business Administration, Marketing, June 2008
Recipient, SHUFE Scholarship for academic excellence and outstanding performance
President, Public Relations Association
Experience:
2007-2008
SHANGHAI STAR FUTURES CO. LTD.
Shanghai, China
Information & Research Department Trainee
 Analyzed major futures companies’ data, advanced management of company website to better aid potential
clients in purchasing futures portfolio and reducing risks using HTML, Dreamweaver, Flash and Fireworks
 Identified and compared current correlation between each local merchandise exchange bureau to determine
commission charge and target customers
 Reviewed reports and analyzed price trends for gold and other precious metals to assist clients conducting
reasonable financial management using Microsoft Excel
2007
SHANGHAI MARRIOTT EXECUTIVE HOTEL
Shanghai, China
Revenue Management Analyst, Sales& Marketing Department
 Encoded reservation information from different channels into internal systems language in Marriott for
financial processing and accommodation provision
 Surveyed hotel industry, compared various statistics such as daily, monthly net profit and occupancy to be
analyzed for pricing and services using Microsoft Excel
 Constructed profit budget reports for revenue management analysis using Microsoft Excel and VBA
2007
CHINA LIFE INSURANCE COMPANY
Xi’an, China
Manager Assistant, Corporation Insurance Department
 Worked with research strategists and proposed ways to increase company client portfolio by selling life
insurance to more than 500 new customers
 Analyzed case filings and assisted clients to determine insurance compensation using Insurance Risk Model
2006
PRICEWATERHOUSECOOPERS LIMITED COMPANY
Shanghai, China
Summer Intern, Assurance Department
 Arranged meetings with clients to issue Corporate Confirmation Letter and its associated documents for
Receivable Account and Bad Debts Recovery
 Devised essential documents such as balance sheets, income statements and cash flow statements to assist
the Initial Public Offering (IPO) of Shanghai Coal and Chemical Industry Group Co.
 Assisted senior manager with collection of various financial datas for client’s corporations, adjusted
Impairment of Assets and Debt Reconstructions to balance the accounts utilizing Microsoft Excel
2005
BANK OF CHINA
Xi’an, China
Data Analyst, Personal Business& Financial Department
 Managed personal saving and checking accounts and assisted VIP clients to make feasible strategic
investment decisions
 Involved in several large real estate and automobile project loans to determine the down payment,
amortization payment and mortgage
Additional:
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Fluent in English and Mandarin
Chartered Financial Analyst (CFA) Level II candidate (June, 2010)
Programming Languages: C, C++, JAVA, VBA, R
Applications: MS Visual Studio, Matlab, Microsoft Excel, Microsoft Access
TINGTING SUO
436 Sussex Street, 2nd floor
Harrison, NJ 07029
Tel: 862-368-6781
Education:
GPA: 3.97
Newark, NJ
SHANGHAI UNIVERSITY OF FINANCE AND ECONOMICS (SHUFE) Shanghai, China
Bachelor of Economics, Finance, June 2008
GPA: 3.68
Recipient, People’s Scholarship, Excellent Student Awards, Excellent Graduate Awards
TOULOUSE BUSINESS SCHOOL (GROUP ESC TOULOUSE)
Exchange Student, 2006; International Business Program
Toulouse, France
Experience:
2009
TANAKA CAPITAL MANAGEMENT
New York, NY
Research Intern
Involved in fundamental research on public traded securities, provided insight of Chinese
securities listed in the U.S., built models on macroeconomic data and did economic analysis
Attended one-on-one meeting with managements, asked questions to gain information critical
to making investment decision
2007
BHF-BANK
Frankfurt, Germany
Intern
Analyzed the stock market based on the profound economic background, prepared a report to
provide crucial information in setting up a new bank branch
Participated in one M&A case, provided data support, including data acquisition, price
comparison, contributed to reaching an accurate value of the target company
Attained the knowledge of Fund Management, Risk Analysis, Asset Allocation, Foreign
Exchange by talking to the senior managements and working with employees from different
departments
2006
BANK OF CHINA
Liaoning, China
Intern
Applied the principals of letter of credit to reconciling the exporters’ documents required by
the letter of credit, contributed to the shorter processing time, also exposed to other settlement
methods. Contacted international customers on unclear terms, made the communication more
efficient and effective
Additional:
l

Fluent in Chinese (Mandarin) and English
Proficient in MS Office Suite; Technical Skills: C++, JAVA, VBA, MATLAB
CFA Level II candidate (June, 2010)
First Prize of Tsinghua University Winter Camp for students with special skills
Vice President, Student’s Union, School of Finance at Shanghai University of Finance and
Economics
LI WEI
107 N 2nd Street
Harrison, NJ 07029
Tel: 215-606-8182
Education:
Newark, NJ
• Courses taken: Financial Modeling, Options, Investment Analysis, Numerical Analysis,
Operations Research, Probability, Stochastic Process, Microeconomics, Econometrics
• Courses taking: Risk Management, Fixed Income, Financial Statement Analysis
• President, Quantitative Finance Student Association, Rutgers Business School
FUDAN UNIVERSITY
Shanghai, P. R. China
Bachelor of Science, Physics, July 2007
• Recipient, Excellent Student Award of Fudan University (1/30 peers)
• People’s Scholarship (for 2 years), Natural Science Scholarship (for 4 years)
• Vice President, Student Union, Physics Department
Experience:
2004-2007
NATIONAL LABORATORY OF SURFACE PHYSICS
Research Member
• Designed and operated experiments on growth behavior of silicon based metal silicide
nanostructures in high-vacuum environment using Scanning Tunneling Microscopy
• Analyzed data using statistical analysis, calculus, linear algebra in Origin and Matlab
• Observed rare growth behavior of Au silicide for the first time, improved understanding of
forming process of nanostructures and suggested improvement methods for experiments
2007
CARRIER CORPORATION
Pro./E. Trainee of R&D Center
• Modified and redesigned models of compressor units for air-conditioning systems
originated in the U.S. and France, with engineers and drafters, using Pro./E. software
• Ensured products met local industry standards and customer needs for greater profit
2007
DECATHLON SPORTS MEGASTORE
Sales Assistant
• Organized and conducted promotional activities in store and in neighboring communities
• Provided customer service and maintenance of Outdoors Department
• Helped raise quarterly sales by 15% over previous year, exceeding all other departments
2007
BEBEYOND TRAINING INSTITUTION OF JOB HUNTING
Campus-Marketing Intern
• Planned and organized lectures and workshops with leaders of university clubs
• Designed posters and advertisements for magazines independently
• Helped increase the number of participants for training courses by 100% in 3 months
2007
HONEYWELL SECURITY CORPORATION
Marketing Intern
• Designed product brochure, introducing new applications and technical parameter
• Prepared advertisements and display panels, ensuring in-time release
• Updated customer contact list by making over 250 calls to maintain customer database
Additional:
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Working knowledge: Matlab, C++, Java, Excel, VBA, SQL, R, Eviews
CFA Level I candidate, December 2009
FRM candidate, November 2009
Multilingual: English/ Chinese (Mandarin)/ French
ZHENGPING ZHANG
20 Faxon Dr. Robbinsville, NJ 08691
609-954-0999, [email protected]
EDUCATION:
Rutgers, the State University of New Jersey
Newark, NJ
• Mathematics: probability and measure theory, stochastic calculus (itô's lemma, change of
measure, Girsanov's theorem), PDE, financial modeling I & II
• Finance: fixed income, corporate finance/financial statement analyses, investment banking, asset
pricing models, portfolio theory and optimization, derivatives and hedging, risk modeling
• Statistics: regression analyses, time series analyses, PCA, historical simulation
• Computations: C/C++, Excel/VBA, MatLab, SAS, numerical analysis
• Course projects: equity assessments and forecasting, company comparative advantage analyses,
IPO, neural network implementation and application by C++, trading strategy backtest with
MatLab, risk evaluations with Monte Carlo simulation, SocGen operational risk analysis,
PFE/WYE M&A case study
University of North Texas
Denton, TX
Ph.D. in Materials Science and Engineering (May 2004)
Dissertation: Synthesis and characterization of special xerogels for microelectronics
EXPERIENCE:
Ferro Corporation
Process Engineer (2004-2008)
Penn Yan, NY
• Reduced raw material variation by over 90% using statistic methods
• Modeled in-house production process, identified key parameters for stability by regression
• Increased client’s production yield by technical support, improved customer satisfaction
University of North Texas
Research Assistant (2000-2004)
Denton, TX
• Initiated a new process for microelectronics, modeled related material’s properties, and its
potential impact on devices
SELECTED PUBLICATIONS AND PRESENTATIONS:
Peer-viewed papers:
• Z. Zhang, H. Dong, and R.F. Reidy, Copper cation behavior in silica xerogels, Journal of NonCrystalline Solids, 341 (2004) 157-161.
• H. Dong, B.P. Gorman, Z. Zhang, R.A. Orozco-Teran, M. J. Kim, D.W. Mueller, R.F. Reidy,
Reinforcement Mechanism for Mechanically-Enhanced Xerogel Films, Journal of NonCrystalline Solids, 2004.
Presentation:
• Z. Zhang, H. Dong, B.P. Gorman and D.W. Mueller, Reaction Kinetics and Models for
Hydrolysis and Polycondensation of Methyl-Functionalized Alkoxides, XIII International
Symposium on Organosilicon Chemistry, Guanajuato City, Mexico, August 25-30, 2002.
ADDITIONAL:
• US Permanent Resident
WENRUI ZU
49 S 9th Ave, Apt 2S
Highland Park, NJ 08904
Tel: 512-698-8277
Email: [email protected]
Education:
Newark, NJ
Rutgers Business School Master of Quantitative Finance, May 2010
• GPA: 4.0
• Courses Taken: Investment Management, Risk Management, Operation Research Models in
Finance, Options, Fixed Income Analysis, Financial Modeling, JAVA, C++, Stochastic Processes
UNIVERSITY OF TEXAS AT AUSTIN (UT. AUSTIN)
Master of Science in Information Studies, December 2005
• GPA: 3.6
• Honor: Catheryne S. Franklin Scholarship
Austin, TX
UNIVERSITY OF ALABAMA, TUSCALOOSA
Master of Art in Art History - Transferred, May 2003
• GPA: 3.7
• Honor: Graduate Council Fellowship
Tuscaloosa, AL
PEKING UNIVERSITY (PKU)
Bachelor of Arts in Archaeology, July 1999
• Vice President of the Students’ Union, PKU
• Honor: Outstanding Academic Record Award
Beijing, China
Experience:
2006-2008
CREATY’S ELECTRONICS
Edison, NJ
Co-founder and Chief Financial Analyst
• Analyzed market demands, found the relationship between intrinsic value of the commodity and its
market price, guaranteed the company to generate positive cash flows 95% of the time.
2005-2005
AUSTIN PRESBYTERIAN THEOLOGICAL SEMINARY
Austin, TX
Intern, Database Designer
• Analyzed clients’ requirements regarding Record Management Needs and risk tolerance level, designed
the risk management model as well as the data structure for the database.
• Constructed the database with user-friendly interface using Microsoft Access and VBA, resulting in
a 50% decrease in clients’ data maintenance cost and in a 65% increase in data accuracy by
incorporating the errors prevention system into the database.
1999-2001
PACIFIC INTL AUCTION CORPORATION, LTD.
Beijing, China
Vice-manager of Information Management Department
• Provided technical support to auctions.
• Analyzed the relationships between the customer’s expectation, the deal price and the company’s
profit and built a model regarding risks and rewards, leading to a 10% increase in cash flows of the
company for bearing the same level of risk.
• Proposed and implemented the customers’ feedbacks tracking system, increased company’s revenue
by 20% and customers’ satisfaction by 60%.
Additional:
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US Permanent Resident.
Candidate of CFA Level II Exam, June, 2010.
Proficient in EXCEL Spreadsheet, VBA, AMPL and C++, JAVA, PHP programming language and
Database Management System, including Microsoft Access, MYSQL.
Fluent in Chinese and English.
Résumés
Class of 2011
1 Washington Park
Newark, NJ 07102
YUNAN BAO
312 Sussex Street, 2nd Floor
Harrison, NJ 07029
Tel: 201-982-3299
Education:
• GPA 4.0
• Career Development Liaison Officer
• Recipient, RBS Fellowship
SHANGHAI UNIVERSITY OF FINANCE AND ECONOMICS
Bachelor of Computational Mathematics, July 2009
• GPA 3.1
• President, School Sports Society
• Recipient, Major Award of People’s Scholarship
BRUNEL UNIVERSITY
One-year Exchange Student, June 2008
• First Honor
• Awarded Diploma of Advanced Economics and Finance
MOUNT ROYAL COLLEGE
Summer School, August 2006
New Brunswick and Newark, NJ
Shanghai, China
London, United Kingdom
Calgary, Canada
Experience:
2009
GUOYUAN SECURITES CO., LTD.
Shanghai, China
Wealth Management Department Assistant
• Generated forty daily market reports, covering domestic and oversea stock markets, commodity
and bonds.
• Assisted Dept. Manager with market observation and online stock consultation. Attracted fifty
new clients within two months.
2008-2009
CHINA EUROPE INTERNATIONAL BUSINESS SCHOOL
Shanghai, China
Research Assistant
• Collected 1999-2007 Chinese textile industry data, created series of textile industry price index,
modified models, and used Excel to generate financial data.
• Used Photoshop and Excel to map spatial patterns of domestic passenger transportation for
Chinese civil airlines, collected and analyzed 2003-2007 civil aviation industry data.
• Sorted 1999-2008 economics data for research focusing on exchange rate and international trade.
2007
SINCERE GROUP CO., LTD.
Hong Kong, China
Summer Trainee Program
• Learned about bullion and foreign exchange markets analysis, and business etiquette. Practiced
bullion market mock trading.
• Helped brokers with market data updates and document preparation.
Additional:
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Proficient in Word, Excel, Power Point, VBA and C++
Member of International Association of Financial Engineers
CFA Level I Candidate
School Soccer Captain, 2nd team in 2006 Six Departments Soccer Competition
School Orienteering Team Member, 2nd team in 2007 SUFE Orienteering Competition
Member of volunteer organizations, both in China and UK
Fluent in Chinese
JAYANTHI BHAGAVATHULA
22 Pinfold Court
Morris Plains, NJ 07950
Tel: 201-787-9420
Education:
Newark, NJ
WICHITA STATE UNIVERSITY
Master of Science, Electrical Engineering, July 1998
• GPA 3.9
• Teaching Assistant, Electrical Engineering
• Awarded Best Tutor in Mathematics Department
Wichita, KS
Experience:
2006-2009
DIALOGIC RESEARCH INC (Divestiture from Intel)
Parsippany, NJ
Senior Software Engineer
• Promoted to lead and expedite the design and implementation of video processing software to
meet the marketing deadline.
• Facilitated $500K sale of Dialogic software to Nokia by successfully resolving critical issues in
the product, resulting in timely deployment of their solution in Europe.
• Increased product portfolio and revenue opportunities by coordinating customer requirements
proposals, gaining buy-in from client marketing and management for their implementation and
sale.
2000-2006
INTEL CORPORATION (Acquired Dialogic Corp)
Parsippany, NJ
Senior Software Engineer
• Secured $25M contract with Avaya for Intel products by analyzing and debugging production
issues, providing technical support in the field during and after deployment.
• Managed and resolved customer technical issues and coordinated with engineering teams to
provide action plans, and update the clients with status reports on these issues.
• Researched, created and proved prototype for conferencing software and led its implementation
providing Intel a competitive advantage for creating large conferencing framework.
• Received Recognition Award for demonstrating initiative and quality, by successfully integrating
software in a timely manner, which allowed Intel to sign-off on a critical chip design.
1998-2000
DIALOGIC CORP
Parsippany, NJ
Software Engineer
• Trained and mentored Field Application Engineers (FAE) to enable them for improved
customer interaction, effectively decreasing the customer response time.
• Increased accessibility to technical documents and applications by initiating and creating a
repository for tools, documentation.
Additional:
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Proficient in C, C++, Linux, Microsoft Office, and, Microsoft Visual Studio
Experience with source control tools such as ClearCase, ClearQuest, and, Continuus
Member of The American Finance Association
Participated and organized various community events at Dialogic such as blood drive, angel tags
for children, park cleaning and electronic equipment recycling events
Silver Medalist in National Talent Search Examination (India) for Mathematics
YINYUN CAO
88 Quincy Ave.
Kearny, NJ 07032
Tel: 201-628-4079
Education:
Newark, NJ
z
Current coursework includes: Optimization, Investment Analysis and Management,
Probability and Statistic with R, C++
SUN YAT-SEN UNIVERSITY
Guangzhou, China
Bachelor of Science, Finance, June 2008
z
Major GPA 3.45
z
Coursework covered introduction of financial market, option pricing, financial
statement analysis, calculus and linear algebra
z
Recipient, University Scholarship for top 10% students in academic performance
z
Advanced Mathematics Program, ranked the 5th out of all in the college
z
Women’s volleyball team of Lingnan College
Experience:
2008
KUNMING NANXIANG TEA CO., LTD,
Kunming, China
Intern, Financial Management Department,
z
Assisted to analyze the financial data (including financial statements, cost of capital
and cash flow) of year 2008 and conducted financial ratio analysis to identify the
problems in operation management and earning ability.
z
Wrote report to present the conclusion of financial ratio analysis and make
recommendation for improvement on earning ability.
z
Forecasted return and cash flow in 2009 and prepared financial budget plan for 2009.
2007
KPMG CHINA
Guangzhou, China
Intern, Risk Advisory Service (RAS) Department
z
Internal control assessing project of China International Marine Containers (Group)
Ltd. (CIMC): interviewed with client to understand internal environment, assisted to
indentify control weaknesses and documented main control points within COSO Enterprise Risk Management-Integrated (ERM) framework.
z
Reviewed the documents of Walkthrough Test, conducted tests of control and
provided evidential support for report recommendations.
z
Prepared materials on COSO-ERM framework, Sarbanes-Oxley Act and internal
audit methodology for presenting to clients and drafted the introduction of internal
control process.
Computer skills: C++, R, VBA, Matlab, Microsoft Office
Additional:
•
z
First-Class Prize in Yunnan Province in National Olympic Physics Competition,
ranked the 18th out of all over 5000 participants
The First Marketplace College Online Business Simulations Competition, won the
5th among the total 250 teams countrywide
ALOK CHOKSI
101 Bleeker Street
Newark, NJ 07102
Tel: 201-640-7893
Education:
• Member, Finance & Investment Club
Newark, NJ
UNIVERSITY OF MUMBAI
Bachelor of Engineering, May 2009
• Percentage obtained: 68%
• Event co-ordinator, IETE
• Member, IEEE committee
• Participated in the National level cricket at the University level
• Represented University in Badminton at the state level.
Mumbai, India
Hardware Project:
• Built a metal detector & interfaced it with 8051 micro-controller
using assembly language programming .
Experience:
2007
NJ INDIA INVEST (Mutual Fund Advisory)
Mumbai, India
Intern, Financial Analyst
• Involved in conducting quantitative research to find Beta & Alpha co-efficient
of various mutual funds which included data analysis for the past three years
performance of the funds using linear regression technique. It also gave an
insight in Modern Portfolio theory.
• Assisted in creating Portfolio review reports for the investors which included
comprehensive analysis of investment both mutual funds & non mutual funds.
It also included cash flow reports of fund maturity & dividend-interest report.
• Worked on a project related to determining the “Asset Allocation” & helping
in “Re-balancing” of the portfolio based on the market situations & risk profile
of the investors using the mean-variance optimization principle.
Additional:
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NSE’s Certification in Financial markets: Beginner’s module
NSE’s Certification in Derivatives market
Proficient in Microsoft Office Word, Excel & PowerPoint
Proficient in C++ & Matlab
Member, IAFE
Member, Rotary club
Fluent in Hindi
BRIAN DELUCA
111 Hastings Place
Cinnaminson, NJ 08077
Tel: 609-230-9927
Education:
• GMAT 710
Newark, NJ
Quantitative Finance Coursework:
• Investment Analysis and Management: Evaluated firms that previously declared
bankruptcy and assessed whether future bankruptcies are predictable. Concluded
that combining previous models with quantified risk level of corporate fraud
produces considerably accurate results for judging financially distressed firms.
•
Object-Oriented Programming:
o Constructed computer program in C++ that simulated online banking system
by streaming accounts from input file, allowing user to withdrawal, deposit, or
transfer money with correct pin number, as well as open and close accounts.
o Developed online trading system allowing users to construct portfolios and
place orders to buy and sell stocks, and continuously match individual
investors’ orders with best available market orders and vice versa.
•
Probability: Created functions using R for evaluating discrete and continuous
distributions and performing hypothesis testing, goodness of fit tests, and
calculating confidence intervals.
UNIVERSITY OF VIRGINIA
Charlottesville, VA
Bachelor of Science, Economics, May 2008
Minor in Mathematics
• Cumulative GPA 3.2; Major GPA 3.5
• Member, Math Club
• Head Coach, Soccer Association of Charlotesville-Albermarle, 2007-2008
Academic Coursework:
• Theory of Financial Markets: Analyzed modern porfolio theory, including
CAPM and its ability to diversify away individual asset risk and maximize profits,
including assessing relevance of beta as judge of finacial risk.
Additional:
•
History of Mathematics: Analyzed mathematical foundations of past scientists’
heliocentric and geocentric models of universe and how mathematical formulas
were used to construct theories and predict planetary motion.
•
•
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Proficient in MS Office Suite, C++, and R(S-plus)
Familiar with VBA, Matlab, and Java
Member, National Association of Business Economics, 2008-Present
Member, International Association of Energy Economics, 2008-Present
KUNAL GOORIAH
26 Wyckoff Place
Franklin Park, NJ 08823
Tel: 732-236-3292
Education:
Newark, NJ
• MQF Class President
• Produced a research paper titled “The Effects of Regulatory Decision Making in Financial
Markets”. Working closely with faculty advisor to generate a publication after additional
research.
UNIVERSITY OF MICHIGAN
Ann Arbor, MI
Bachelor of Arts, Economics, 3 Year Graduation, May 2007
• Psi Upsilon Fraternity – Vice President
• Phi Chi Theta Business Fraternity – Marketing Chair
• Wrote a macroeconomic research paper entitled “The Marshall Lerner Condition and the
Southeast Asian Crisis”. Thesis was tested with a model of the J-shaped curve, where
devaluing currency in the short run would lead to its accelerated appreciation in the long
run. Data was collected from the World Bank and regressed in STATA.
Experience:
2008-2009
ECHOTRADE
New York, NY
Junior Trader
• Learned the intricacies of the day and swing trade, from managing risk to emotions in
order to trade for my account within the firm. Allotted $200K buying power for equity
and options trades.
• Studied and became fluent with all aspects of tape reading, types of buyers/sellers
affecting the markets, technical indicators embedded within charts, and the interpretation
of economic data.
• Built and implemented quantitative stock & options pricing models to determine fair value
of securities and execute swing trades. Developed coefficient correlation algorithms to
specifically track momentum of individual stocks relative to sector and market moves.
• Executed on a daily basis, high volume intraday strategies such as OPG’s and MOC’s in
order to exploit price inefficiencies at the open and close of the market.
2007-2008
ARJENT SERVICES, LLC
New York, NY
Investment Banking Analyst
• Participated in client meetings with CEOs and CFOs of small cap companies in order to
produce company research documents for senior managers.
• Constructed complex models on OTCBB and private sector companies for deal work
regarding PIPEs, M&A’s, reverse mergers, and LBO’s.
• Developed proprietary quantitative trading algorithms to capitalize on short term technical
trading and resultantly managed $2MM in client funds using proprietary algorithms.
• Gained significant exposure to the Bloomberg Terminal, & Reuters Signal by means of
updating and executing proprietary algorithms.
Additional:
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FactSet – DealMaven, financial training, Certification in Applied & Advanced Financial
Modeling
NASD Series 7, 63, & 24 licensed
Proficient in Excel VBA, C++, Matlab & R
New York Semi-Pro Soccer Player
PAUL HUZARSKI
29 Shepherd Way
Kendall Park, NJ 08824
Tel: 732.501.6026
E-Mail: [email protected]
Career
Objective
To obtain an internship in a quantitative role that will allow me to begin a career in quantitative
finance and which will encompass my academic studies and past experience.
Education
School of Arts and Sciences
Ph.D. - Economics, May 2012
● Analysis of Derivatives, Derivative Markets, and Regulation
New Brunswick, NJ
● Career Liaison Officer
Rutgers College
B.A. - Economics, Political Science, May 2005
Experience
2008-2009
JOHNSON & JOHNSON, INC.
New Brunswick, NJ
IT Finance Co-Op
● Minimized IT financial costs through various studies of expense reports submitted for 2008
● Reviewed final end of year profit/loss statements for reporting accuracy
● Analyzed IT expense reports for employee related costs and minimized these costs through
various accounting and mathematical methods
● Assisted with training and implementation of a new IT finance reporting system
2007-2008
RHODIA, INC.
Cranbury, NJ
Supply Chain Logistics Intern
● Calculated most efficient shipping routes for shipping chemical products to and from Europe
● Optimized several supply chain processes through communication and relationship building with
new and existing customers
● Established new business relationships with distributors and marketed chemical surplus products
2006-2007
INSTITUTE FOR ELECTRICAL AND ELECTRONICS ENGINEERS
Piscataway, NJ
Treasury Analyst
● Constructed systems from the ground up to analyze and track company's retirement mutual fund
data as well as entire investment portfolio
● Performed cash flow forecasting to optimize daily cash positions in several accounts
● Built regression models using numerical methods in order to improve existing cash flow
2005-2006
THE BANK OF NEW YORK
New York, NY
Hedge Fund Accountant
● Created structure for accounting of warrants, credit default swaps, and interest rate swaps
● Prepared all daily and month-end reporting and verified for correctness
● Ensured all trade activity was properly posted and positions were reconciled
● Partnered with others in the Fund Accounting department in addressing system-wide problems
Additional:
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Expert level user of entire Microsoft Office Suite (all editions)
Proficiency in Matlab and Gauss for econometric modeling
Proficiency in Microsoft Visual Basic C++
Member of International Association of Financial Engineers (IAFE)
Native fluency in Polish and Spanish
Professional experience in constructing personal computers and servers
PENG JIA
101 Bleeker Street, Room 610A
Newark, NJ 07102
Tel: 201-628-4101
Education:
Experience:
2008
2007
Additional:
Newark, NJ
TIANJIN UNIVERSITY OF FINANCE AND ECONOMICS
Bachelor of Economics, May 2009
• Recipient, University Scholarship for academic excellence
• President of Sports Department in Student Union
• Member, the Red Cross
• City Volunteer of the 29th Beijing Olympic Games
Tianjin, China
STANDARD CHARTERED BANK (CHINA) LIMITED
Tianjin, China
Internship
CFC (China Franchise Corporation) Department
• Coordinated with my team to deal with applications for refinancing from clients, analyzed
potential risk of clients.
• Participated a meeting conference with a major client, a prestigious steel enterprise, to
seek for a collabration in refinance and wrote a briefing after the conference.
• Managed the potential risk associated with financing to clients and collaborated with my
manager to classify clients into different risk level.
• Assisted my manager to input financial data based on client’s financial reports into KYC
(Know Your Customer) system and analyzed the output results to decide appropriate
financing method and amount to clients.
• Collaborated successfully with my team member to accomplish a 2-day outward bound
training.
TIANJIN FOREIGN TRADE (GROUP) NICHE CO., LTD
Tianjin, China
Internship
Sales Department
• Negotiated with a large mechanical equipment seller about payment and terms of payment
in contract, completed the conference report.
• Collaborated to open the letter of credit for clients, to verify documents provided and to
complete customs declaration, executed a contract successfully with my team.
• Classified profiles of our clients on the basis of scale and contracts on the basis of time.
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Proficient in C++, Matlab
Fluent in Mandarin
JIAN ZHE
645 Devon Street
Kearny, NJ, 07032
Tel: 501-305-9586
Education:
Newark, NJ
HARDING UNIVERSITY
Master in Business Administration, December 2008
Specialization in International Business
• GPA 3.5
• Member, International Business Club
Searcy, AR
SOUTH CHINA UNIVERSITY OF TECHNOLOGY
Bachelor in Civil Engineering, May 2005
Minor in Business Management
• GPA 3.0
• Team Leader, Badminton Association
• Chairman, Chess Association
Guangzhou, China
Experience:
2008
CHINA SECURITIES CORPORATION
Guangzhou, China
Manager Assistant
• Collected all the basic economic data from the internet and corporate yearbook in
the project “Strategy Tuning Induces Opportunities - 2008: Outlook of China
economy”.
• Analyzed asset and valuation data, including reviewing supporting
documentation and analytical tools such as data and pricing model, indices,
yield curves, etc. to validate data and resolve discrepancies and exceptions.
• Reviewed on how the stock market prices behave to determine the best issuance
of securities brokerage services to major clients.
• Supported in the review and analysis of financial documentation and assisted
clients with their registration and issuance of stocks.
2005-2007
GUANGDONG MOTORWAY DESIGN INSTITUTE CORPORATION
Designer
Guangzhou, China
• Designed all the side slope and guard rail of the Motorway “Guangzhou to
Feshan”.
• Performed engineering duties in planning, designing, and overseeing
construction and maintenance of building structures and facilities.
• Estimated quantities and cost of materials, equipment, or labor to determine
project feasibility.
• Prepared and presented public reports, such as bid proposals, deeds,
environmental impact statements, and property and right-of-way descriptions.
Additional:
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Fluent in Mandarin and Cantonese
Proficient in AutoCAD, Excel, MS Word, PowerPoint and C++
CHINMAY KULKARNI
101 Bleeker Street, Room # 610D
Newark, NJ 07102
Tel: 917-499-7203
Education:
• Member, Finance & Investment Club
Newark, NJ
UNIVERSITY OF MUMBAI
Bachelor of Engineering, Electronics & Telecommunications, May 2009
• Event Head, “Dimension 5” Technical Festival
Mumbai, India
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Event Head, “Zodiac” Cultural Festival
Runner up in “Virtual Stock Exchange” event in “Zodiac” Cultural Festival
Represented college in Cricket at University level
Member, Institute of Electrical & Electronics Engineers (IEEE)
Academic Project:
The Loop:
• The Loop is a Mobile Based Social Networking application which allows authorized users
to locate other users on a map and has added features like instant messaging and text
messaging
• Raised finances from a wireless solutions company called “EnableM” for Web
hosting and to acquire skills in Adobe Flash Lite and Microsoft SQL
• Prepared report on feasibility and commercial viability of the project which highlighted
cost benefits over regular text messaging
Additional:
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Proficient in MS Office Suite and C++
Familiar with Adobe Flash Lite, Microsoft SQL and Matlab
Member, International Association of Financial Engineers (IAFE)
Member, Rotary Club
Participated in Raising Finances for the National Association For The Blind (India)
Certificate courses in “Basic Accounting and Finance Principle” and “Basic Derivatives”
conducted by Bombay Stock Exchange (India)
Undergone training of Tae-Kwon-Do for Green Belt
Fluent in Hindi & Marathi
KUANLIN LAI
101 Bleeker Street #72,
Newark, NJ 07102
Tel: 917-856-6603
Education:
NATIONAL TSING HUA UNIVERSITY
Bachelor of Management, Quantitative Finance, June 2005
• GPA: 3.26 (last two year GPA: 3.56)
• Chief of Program Design, Summer Camp of Q.F. Dept.
• Captain, Softball Team of Management Department
• Education Volunteer
Newark, NJ
Hsinchu, Taiwan
Experience:
2006-2008
CHINATRUST COMMERCIAL BANK
Taipei, Taiwan
Financial Consultant
• Managed total $100 million USD assets and rendered investment advice and financial
planning services based on each client’s objective, investment experience, and
acceptable level of risk
• Provided advisory on clients’ portfolios, including mutual funds, FX, fixed income,
derivatives, structured notes, and loan deposits.
• Explored potential clients by analyzing clients’ credit cards, loans, or mortgages and
increased managed pool from $ 70 to $ 100 million USD
• Provided detailed oriented customer services and increased 20% of new clients by
original clients’ introduction
2005-2006
ARMED FORCES (REPUBLIC OF CHINA)
Taiwan
Second Lieutenant
• Promoted to an officer and conducted the daily training program of around 120 soldiers
• Directed the firing of trench mortar in 2006 national drill (Han Guang Drill)
2005
MASTERLINK SECURITIES CORPORATION
Taipei, Taiwan
Intern
• Prepared researching presentations for internal meetings, worked closely with senior
analysts
• Charged with arranging important internal meetings, coordinating travel and craft media
document, including press releases and press packs
Additional:
• Proficient in MS Office Suite, C++, Matlab
• Chartered Financial Analyst (CFA) LEVEL II Candidate
• Certificate of Proficiency Test for Financial Planning Personnel, Taiwan Academy of
Bank & Finance
• Fluent in Mandarin
YUNJIAN LI
721 Jersey Street, FL2
Harrison, NJ 07029
Tel: 617-416-1293
Education:
Newark, NJ
SHANGHAI INSTITUTE OF FOREIGN TRADE
Shanghai, China
Bachelor of Economics, Financial Engineering, July 2009
• GPA 3.74/4.0
• Excellent Undergraduate of Shanghai Institute of Foreign Trade
• Recipient , Scholarship for academic excellence in all semesters
Experience:
2008-2009
NORTHEAST SECURITIES CO., LTD
Shanghai, China
Financial Planner Assistant
• Followed developments in petrochemical and metal industries, tracked stock market
quotation and future prices of international crude oil and metals, and researched
products in these industries.
• Calculated stock price confidence intervals using fundamental analysis supplemented
by technical analysis and accordingly, gave trade recommendations to our clients,
most recommended stocks whose prices doubled or tripled in following six months.
• Partnered in investment management for our clients, mainly on appraising
performance of hedging strategies of stock index futures based on optimum hedging
ratios calculated with different statistical models, and on optimization of portfolios
based on Sharpe Ratio and Sortino Ratio and with concerns on extreme volatility and
CVar.
• Prepared the weekly report about the stock markets in previous week and forecast of
the markets in next week.
• Collaborated to finish the annual investment report 2008 and investment plan 2009 for
a VIP client, which was selected as one of the best three.
2008-2008
PANZHIHUA NEW STEEL & VANADIUM CO., LTD
Sichuan, China
Summer Intern, Department of Finance
• Assisted to work out the semi-annual financial statements.
• Used DuPont analysis and financial ratio analysis to assist the Chief Officer to assess
the financial operation of the company.
• Grasped the overview of financial management in a public traded company.
2007-2007
SHANGHAI INSTITUTE OF FOREIGN TRADE
Shanghai, China
Research Assistant
• Assisted the National Natural Science Fund Project: A Genetic Cellular Automaton
Model and Its Application to Complexity Study On Hu&Shen Stock Markets.
• Sorted out history data and catalogued them to fundamental, technical and
psychological levels.
• Supported preliminary data processing tasks on sensitivities and stabilities using
Excel.
Additional:
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Proficient in MS Office Suite, Eviews, SPSS, C++, VBA
Fluent in Chinese
NEIL C. LONERGAN
523 Monroe Street
Hoboken, NJ 07030
Tel: (832) 326-1720
Education:
TRINITY UNIVERSITY
Bachelor of Science, Chemical Engineering, May 2008
Minor in Economics & Mathematics
• GPA 3.2
• Engineer in Training Certified (E.I.T.) May 2008
Newark, NJ
San Antonio, TX
Experience:
2009
TECHNIP USA, INC.
Houston, TX
Graduate Engineer, Managerial Rotating Training Program
• Researched offshore, subsea oil field production technology progression in order to
maintain design team’s expertise in frontier of deepwater oil field production.
• Mapped subsea oil field production trends to identify future growth areas and
potential revenue sources, as part of an annual department strategy planning.
• Provided engineering contributions to design meetings held with Chevron regarding
development of subsea oil field production system for deepwater oil reserve.
2007-2008
ENGLOBAL ENGINEERING, INC.
Houston, TX
Process Engineering
• Developed Excel spreadsheet calculating temperature correction factors for material
density, in accordance with industry standards, for custody transfer purposes.
• Conducted client meetings to address operational hazards for multiple petrochemical
production facilities and natural gas compressor stations operated by BP America.
• Conducted preliminary research for Gas to Liquids (GTL) economic feasibility study,
covering available technology, technical writing, and process input for proprietary
sizing and cost models for assessing viability of this investment for GTL client.
2006-2008
RACKSPACE MANAGED HOSTING, INC.
San Antonio, TX
Facilities Engineering
• Identified inefficiencies in data storage facility cooling system performance and
designed solution to optimize air flow, leading to improved equipment sustainability.
• Assisted with financial assessments of selling assets and operated proprietary
optimizing models to support long-term strategies and maximize revenue from
existing company infrastructure.
Additional:
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Proficient in fixed-income modeling in Excel and Visual Basic
Knowledge of MATLAB, Mini-Tab Statistical Software, C++
Dual Citizenship: United States & United Kingdom.
American Sailing Association, ASA 104 Certification: Intermediate Coastal Cruising
President, Alpha Lambda Delta Honor Society
JEFFREY M. NIED
155 University Avenue, 1215C
Newark, NJ 07102
Tel: 920-296-8083
Education:
Newark, NJ
• GPA 3.8
• Interests include investment risk management and quantitative research
Projects:
• Brokerage Program: Designed a brokerage system similar to Fix using C++ and
simulated trading between internal clients and external orders
• Securities Analysis: Evaluated pricing, risk, and return of bonds, money market
securities, equities, and mortgage backed securities for portfolio optimization
• Berkshire Hathaway: Investigated acquisition of PacifiCorp with discounted cash flow
valuation, industry comparables, and return on equity assessment
• Krispy Kreme Donuts: Performed financial statement analysis and DCF valuation
• Nike: Calculated the weighted average cost of capital for the firm
• JetBlue IPO: Analyzed the company and airline industry to generate the offering price
UNIVERSITY OF WISCONSIN-MADISON
Madison, WI
Bachelor of Science, Electrical Engineering, May 2007
• GPA 3.6
• Participant, 2007 G. Steven Burrill Technology Business Plan Competition
• Recipient, Excellence in ECE Engineering Scholarship, 2005 and 2006
• Studied the fundamentals of options, futures, forwards, and swaps
Experience:
2007-2009
Additional:
PORTESCAP (A DANAHER MOTION COMPANY)
West Chester, PA
Sales Engineer
• Provided technical support of products to customers and regional account managers
with onsite visits and conference calls, advancing projects to completion.
• Calculated the optimal product solution based on customer requirements and
collaborated with engineering teams to ensure designs and prototypes were on time.
• Computed competitive price quotes for customers based on quantity, parts and labor
costs, and customer profile while maximizing profit margin.
• Created sales tools for new and existing products to help the account managers sell
better by emphasizing performance features and value against competition.
• Generated 10 new accounts within 6 months to prototyping stage, exceeding inside
sales objectives with $1M potential sales revenue.
• Analyzed financial and technical data to recommend new clients and projects.
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Former languages used: Matlab, Java, VBA, R
Member, Rutgers Finance and Investment Club
Member, NYSSA, The New York Society of Security Analysts
Member, IAFE, International Association of Financial Engineers
Volunteer, Community center construction, San Juan del Rio, Mexico, 2009
Volunteer, Community center construction, Tinejdad, Morocco, 2008
Interests include bass fishing, snowboarding, ultimate frisbee, and golf
HENRY QIAO QUAN
312 Sussex Street, Second Floor
Harrison, NJ 07029
Tel: 347-727-9367
Education:
 Member, Finance and Investment Club
Newark, NJ
THE CHINESE UNIVERSIFY OF HONG KONG
Hong Kong
Bachelor of Engineering, Electronic Engineering, Minor in Mathematics, May 2009
 Vice President, Mainland Chinese Students Association
 Captain, College Basketball Team
Experience:
2008
KERRY LOGISTIC
Hong Kong and Beijing, China
Summer Internship
 Used MATLAB and Operational Research theories to design a linear model which could
increase the efficiency of the goods delivery for clients by 20%.
 Prepared necessary documents for Customs declaration and Customs clearance.
 Wrote a report about the working status of the employees and proposed ways to motivate
them after investigation, received award from human resources department.
2007
TAIYUAN CITY COMMERCIAL BANK
Taiyuan, China
Summer Internship
 Captured and pooled relevant historical and newly generated market intelligence in
allocated area.
 Assisted senior analysts to evaluate existing market data and corporation performance so
as to support the bank’s business transactions and performance reviews.
 Wrote meeting notes following strict timeframes while attending business meetings.
 Wrote manuals that enabled clients to become familiar with on-line banking system.
2007
DEPARTMENT OF ELECTRONIC ENGINEERING, CUHK
Hong Kong
Research Assistant
 Group member of a project sponsored by Hong Kong Government for recognizing and
simulating different dialects of China.
 Used MATLAB to reduce the noise of the collected data for better sampling and coupled
those signal with simulated signal for further analyzing.
 Collected and categorized large amounts of voice signal data from speakers.
Additional:
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Proficient in C, C++, VBA, MATLAB and R Programming
Adept Piano Player, awarded National Level 10 Certification in China
College basketball team captain, awarded Best Athletic Team
Fluent in Mandarin and Cantonese
STEPHEN KYLE WADE
1180 Raymond Boulevard Apt. 18K
Newark, NJ 07102
Tel: 850-322-8284
E-Mail: [email protected]
Education:
• GPA 3.5
Newark, NJ
FLORIDA STATE UNIVERSITY
Tallahassee, FL
Bachelor of Science, Physics, August 2007
Minors, Mathematics and Philosophy (Critical Thinking, Logic)
• GPA 3.5, Dean’s List
• Recipient, Florida Bright Futures Scholarship for academic excellence and
community service
• Florida State University Tennis Club, Vice President
Experience:
2008-2009
UPS – SUPPLY CHAIN SOLUTIONS
Alpharetta, GA
Risk Management Associate
• Designed, updated, and ran monthly claim reports, which allowed management to
track annual volume and budget while identifying weaknesses in global operations,
leading to a 40% decrease in claim volume.
• Assisted management in eliminating redundancies and increasing efficiencies in
claims procedures helping to ease the acquisition of two other claims departments.
• Achieved highest audit scores in the organization of electronic and hard copies of
claim files due to strict attention to detail.
• Maintained and built relationships with customers and carriers through quick,
effective resolution of claims and subrogation issues helping UPS to retain customers
and ease correspondence with third party carriers.
2008
Support Staff Associate
• Organized and built new claim files through collaboration with Support Staff team
allowing for a constant high volume of new claims to be distributed to claims
examiners in an efficient, useful manner.
2006-2007
FSU COLLEGE OF MEDICINE - SSTRIDE PROGRAM
Tallahassee, FL
Mentor
• Effectively communicated mathematical and scientific concepts, as well as college
application procedures and admissions standards, to local high school students
helping the students to achieve their goals of going to college and pursuing analytical
careers.
Additional:
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Proficient in Microsoft Excel and Word
Intermediate C++ Programming (Object Constructors, Data Structures)
Basic VBA
Member, International Association of Financial Engineers
Adult CPR and First Aid Certified
TAO WANG
88 Quincy Avenue
Kearny, NJ 07032
Tel: 201-628-4102
Education:
Newark, NJ
• GPA 3.866
• Mathematics: Introduction To Probability
• Finance: Analysis Of Fixed Income, Investment Analysis And Management
• Computing: Special Topic Objective Programming
Academic Projects
• Online Trading System: Simulated online trading by C++ to enable brokers to receive
orders from other servers and manage clients’ accounts efficiently.
• Banking System: Simulated banking system by C++ to allow customers to inquire
account information, make transactions and open or close accounts.
SOUTHERN YANGTZE UNIVERSITY
Wuxi, China
Bachelor of Engineering, June 2009
• GPA 3.87
• Core Courses: Advanced Mathematics, Linear Algebra, Probability And Mathematical
Statistics, Method Of Calculation, Fundamentals Of Program Design C, Computer
Controlled System, Comprehensive Design Of Process Control Engineering
• Recipient, National Scholarship, SHARP Scholarship for outstanding academic
performance and Jiangsu Software Scholarship for programming ability
• President, The Students’ Union, School of Communication and Control Engineering
Academic Projects
• The Telemetry & Remote Control SCM based on GSM Messages: Applied VB to the
development of a supervisory computer system to monitor the status of the SCM as
well as to control the SCM system to send status report via GSM messages to the
remote controller.
• GPRS-based Remote Weighing SCM: Applied C to the development of a SCM
control system for a cultivation company to collect remote weighing data via GPRS
and store them for further analysis, saving costs by 30%.
Experience:
2007-2008
INSTITUTE OF FINANCIAL RESEARCH
Wuxi, China
Internship
• Supported the research team with data disposal and analysis of financial reports using
MATLAB, such as Sharpe ratio, mean, standard deviation, skewness and Kurtosis.
• Collaborated in marketing work, such as MBA class promotions, marketing
presentations and reception work on the Present Economy of China & New
Institutional Economics Summit.
• Conceived the idea of founding MBA Club and mobilized all members to develop
networking.
Skills:
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Proficient in MS Office Suite, C, C++, VBA, MATLAB, R
Additional:
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Chartered Financial Analyst (CFA) Level I candidate
YIHAN WANG
88 Quincy Avenue
Kearny, NJ 07032
Tel: 201-628-4078
Education:
Newark, NJ
Courses:
• Investment Analysis & Management—the analysis of individual investments with special
reference to common stock. Security pricing models, critiques of techniques of security
analysis. Portfolio selection.
• Operations Research Models in Finance—the use of Operations Research Models in the
areas of Risk and Portfolio Management.
• Object Oriented Programming in Finance I—C++ programming.
Academic Project:
• Simulated banking system with C++ to handle user accounts—saving accounts, interestbearing checking accounts, and non-interest bearing checking accounting, allowing user to
open and close accounts and query transactions.
• Simulated online trading system with C++ to handle three kinds users—local broker, client,
and guest user, allowing them to check account status by different index, open and close
accounts, generate/remove a sell/purchase order and make transaction.
UNIVERSITY OF INTERNATIONAL BUSINESS AND ECONOMICS
School of International Trade and Economics
Beijing, China
Bachelor of Economics, International Trade and Economics, July 2009
• Recipient, Scholarship for academic excellence and community service
• Vice Minister, Academic Department in Student Union
• Member, Social Practice Missions
Experience:
2008-2009
WEBER SHANDWICK
Beijing, China
Intern, Healthcare Team
• Assisted consultant to plan and implement Hemophilia Center Launch News Release
Conference and Plant Expansion Ceremony of Bayer.
• Analyzed, translated, and sorted out media information and press releases with Excel to
identify future target media.
• Main clients included Bayer and Pfizer Pharmaceuticals.
2007-2008
CONVOY FINANCIAL SERVICES LIMITED
Hong Kong, China
Summer Associate, Personal Finance Division
• Won “1 Million Investment Competition” by providing technical analysis on portfolios and
maximizing profit that yielded 220% return rate.
• Completed China-Hong Kong Internship Training Program, acquiring practical knowledge
regarding funds, investment and financial planning practice, etc.
2007-2008
THE COCA-COLA COMPANY
Beijing, China
Team Member, Coca Cola Campus Sales Program
• Marketed beverage products within certain area of UIBE, winning the second prize in sales
competition.
• Evaluated daily sales performance through statistics and analysis of daily sales statements,
and assisted in planning marketing strategy.
Additional:
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ISURU WIJEYARATNE
780, Bevier Road, Russell Apartments
Piscataway, NJ 08854
Tel: 732-725-8708
Education:
Newark, NJ
GPA 4.0
Research Assistant – Valuation of mid market service and manufacturing firms in USA
Recipient of Quantitative Finance Fellowship for year 2009/2010
Subjects such as Asset Pricing Theory, Operations Research, Econometrics
UNIVERSITY OF MORATUWA, SRI LANKA
Moratuwa, SRI LANKA
School of Engineering
Major in Computer Science and Engineering (Honors), April 2006
GPA 3.68
Student representative for the Department of Computer Science and Engineering
Microsoft Student Ambassador
Instructor – Programming in C++
Subjects such as Object Oriented Programming, Software Architecture, Parallel programming
Experience:
2007 – 2008
MILLENNIUM INFORMATION TECHNOLOGIES
Malabe, SRI LANKA
Business Consultant / Analyst – Capital Markets Surveillance
Developed a surveillance and compliance platform for financial markets in USA, UK, Asia,
Africa and the Middle East which brought in revenue of over 2 million dollars. This product is
currently owned by London Stock Exchange.
Responded to “Request for Information” (RFI) and “Request for Proposal” (RFP) documents sent
out by stock markets (LSE, KSE, NSE, IMX, CSE, ICAP and Rainbow project) to upgrade or
purchase surveillance and compliance platforms which resulted in clients and a successful
acquisition by LSE.
Developed the new product “Market Replay 2.0” for the firm that enabled the client to replay and
review the market at a comfortable pace to analyze trades and other activities such as
announcements, quotes and instrument updates. This product is now owned by LSE with its
implementations in AMEX, ICAP, NSE, CSE and IMX.
Delivered product demonstrations to prospective stock exchanges which resulted in clients such
as NSE, CSE and ICAP and an acquisition of the company by LSE.
Carried out trainings in derivatives and surveillance related functionalities for the consulting,
development, testing and support service groups to enhance the financial market knowledge
within the firm.
2006 – 2007
Business Analyst – Automated Trading Platform
Modeled fixed income instruments (US Bonds, UK Bonds, TIPS, Euro Bonds, US Notes), Futures
(WTI crude oil and natural gas), REPO, Synthetic instruments, Straddles and Interest rate swaps
for an automated trading platform for ICAP
Developed and tested matching algorithms such as implied orders, flash orders, only best, workup
Developed an automated trading system for simulation purposes and to train the employees.
Computer Skills
Programming Languages: C#, C++, JAVA, .NET, ASP.net
Software and Operating Systems: Bloomberg, Matlab, R, Visual Studio suite, Eclipse, Eviews,
SQL server, MySQL, MS Office suite, Windows, Unix, Linux, Solaris
Additional:
Chartered Institute of Management Accountants (CIMA - UK)
Publication: “Identification of behavioral relationships among participants of financial markets to
detect unethical and unfair trading through derived intelligence”
Member, IAFE (International Association of Financial Engineers)
XUHUI WU
425 Mt. Prospect Avenue, Apt 516
North Newark, NJ 07104
Tel: 516-582-5709
Education:
Newark, NJ
GPA: 3.9
Major Courses
• Investment Analysis & Management: This course introduces the analysis of individual
investments with special reference, security pricing models, and portfolio selection.
• Operations Research Models in Finance: This course teaches students the use of
operations research models in the areas of risk and portfolio management.
• Object Oriented Programming in Finance: This course teaches the student to be able to
develop c++ functions and classes for independent and interrelated economic models.
Academic Projects
• Simulating online trading system: Used c++ programming to establish a simulation of
online trading system to execute the securities trades by constructing c++ functions,
classes and pointers, and using some business logic.
FUDAN UNIVERSITY
Shanghai, China
Bachelor of Finance, July 2009
• GPA: 3.3
• Secretary of Student Union in Economics College
• Volunteer team member in Economic College served for Shanghai Science and
Technology Museum
Academic Projects
• Investment Research of HSBC: Used macroeconomics analysis (PEST model), industry
analysis (competitive analysis), financial statements analysis (financial ratios, DuPont
system) and technical analysis (moving average lines) to evaluate the value of HSBC
stock, then gave the investment suggestion of cautious holding and long-term investment.
• Research of RMB exchange rate: Established an econometric model (multivariate linear
regression equation) by Eviews Software to analyze the economic factors affecting the
exchange rate of RMB to US dollar and evaluate their effect degrees, then designed some
feasible methods to control it such as decreasing the trade surplus.
Experience:
2008
AGRICULTURE BANK OF CHINA
Shanghai, China
Summer Intern
• Identified the credits of house loan applicants by reviewing their salary statements, deposit
certificates and credit records, and used Excel to calculate the monthly payments of a
mortgage on the floating interest rate.
• Made foreign exchange trading through bank interior computer system for the import and
export firm clients between their RMB accounts and foreign currency accounts in the
international trade, and made the trading records in the exchange control department
through the Internet.
• Used bank interior computer system for daily bill clearing and account settlements for
average 10 companies and 200 bills every day in the corporate client office.
Additional:
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Proficient in MS Office Suite and C++ programming
Excellent team work spirit: the team leader or member of many case studies and activities
Fluent in Mandarin
YALONG YANG
88 Quincy Avenue
Kearny, NJ 07032
Tel: 201-628-4210
Education:
Newark, NJ
CENTRAL UNIVERSITY OF FINANCE AND ECONOMICS
Bachelor of Economics, May 2009
• GPA 87/100
Beijing, China
Experience:
2009
ERNST AND YOUNG
Beijing, China
Financial Services Associate
• Trained with audit methods and operation of auditing software in order to deal with
professional job.
• Joined in audit programs for two globe corporations, learned transfer pricing and corporate
valuation.
• Took responsibility to send confirmations, settle notes and check invoices.
• Accomplished revenue test and payroll test independently, verified reasonability of new
data.
2008
INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ICBC)
Beijing, China
Assistant of financial Officer in Financial Credit Management Sector
• Trained with credit procedure, researched about credit assessment and risk control.
• Analyzed risk of credit qualification by knowledge of statistics and finance.
• Raised ways of Risk Funds Averse for an import and export company.
2007
BANK OF CHINA
Changchun, China
Assistant of financial Officer in Risk Management Sector
• Participated in discussion and research of credit program.
• Assisted department manager to analyze and solve liquidity shortage of components’
supplier for the First Automobile Works (FAW).
• Raised ideas about Supply Chain Finance and Accounts Receivable Pledge Loans.
• Learned bank operation and principles of risk management.
2007
COMMISSARY IN CHARGE OF STUDIES OF UNIVERSITY
Project Manager
• Managed the cooperation between CUFE and YBM Ltd. In Korea, organized over 200
students to participate in MOS Microsoft Skill Contest.
• Organized academic exchange activities in CUFE 3rd Academics Festival.
• Assisted department manager to analyze and solve liquidity shortage of components’
supplier for the First Automobile Works (FAW).
• Arranged agenda for 2007 Debate Contest at CUFE, contacted professor, assigned staff on
the spot.
• Participated the 2007 China Undergraduate Mathematics Contest as a representative of the
university.
Additional:
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CFA Level 1 Candidate
Programming language: R,C++ , VBA
CHENGDA ZHANG
422A Warren St.
Harrison, NJ 07029
Tel: 718-838-8760
Education:
• Recipient, Master of Quantitative Finance Fellowship
STONY BROOK UNIVERSITY
Bachelor of Arts in Biological Sciences, August 2009
FUDAN UNIVERSITY
Bachelor of Medicine, June 2006
• Recipient, Fudan University People’s Scholarship for academic excellence
Newark, NJ
Stony Brook, NY
Shanghai, China
Experience:
2007-2009
STONY BROOK UNIVERSITY
Stony Brook, NY
Research Assistant
• Used Microsoft Excel to generate statistical models to analyze research data, back-test old
data, and propose working models for future use.
• Used programming languages, such as C++ and Excel VBA, to generate data on the movement
and growing cycle of microorganisms.
• Strategized with advisors about feasibility of potential research projects in microorganisms and
drafted a set of proposals.
• Collaborated with other laboratories in joint projects, such as optimization of research
techniques and advanced the knowledge of human fungal organisms.
2006-2007
Teaching Assistant
• Instructed undergraduate students with biological experiments to resolve any technical
difficulties.
• Gave laboratory work presentations to help students understand basic ideas and knowledge in
molecular biology research.
• Corrected students’ homework, laboratory reports and examinations.
2005-2006
SHANGHAI ZHONGKONG AUTOMATION SYSTEM COMPANY
Shanghai, China
Assistant Analyst
• Analyzed profitability and earning prospects of different industrial products and gave
suggestions to other departments of the company in terms of target products selection and
marketing strategies.
• Participated in ongoing product training to have an understanding of features of various kinds
of industrial electrical products.
• Advised sales department of potential market of certain products and increased revenue for the
company by 20%.
• Marketed electrical products to clients for promotion opportunities.
• Wrote manuals that enabled clients to become familiar with new industrial products.
2004-2005
FUDAN UNIVERSITY
Shanghai, China
Research Assistant
• Worked on a joint project with Finance Department of the university and analyzed data on
people’s investment styles and their ages by employing Excel and statistical software Stata,
contributing to the idea of targeting different investing products to people in different age
groups.
Additional:
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CFA Level 1 Candidate with solid equity, fixed income, and derivative knowledge
Proficient in MS Office Suite, C++, Java, VBA, R, Stata
Projects of C++ and Java: Simulated Banking System, Simulated Trading System
Fluent in Mandarin Chinese
XIAO ZHANG
88 Quincy Avenue
Kearny, NJ 07032
Tel: 201-628-4071
Education:
Newark, NJ
• Current curriculums include: Microeconomics Theory, Operation Research
Models in Finance, Probability and Statistics, Investment Analysis and
Management, Special Topic Objective Programming.
XIAMEN UNIVERSITY
Xiamen, China
School of Mathematical Sciences
Bachelor of Mathematics & Applied Mathematics, May 2007
• Voted as commissary in the University Organization Department.
• Won the Honor of Outstanding Individual in the Military Training of Xiamen
University.
rd
• Executed as the Vice Director in the 3 academic year.
• Ranked the No.5 Excellent Team in the Interdisciplinary Contest of Modeling
• Awarded scholarship due to academic performance and enthusiasm in activity.
Experience:
2007-2008
BANK OF CHINA LIMITED
Shenyang, China
Global Markets Financing & Product Consultant
• Conducted analysis of international finance product and recommended
appropriate product which satisfied the client demand. Scored well in
consultation by clients.
• Mastered operating Transaction of Import Letter of Credit and Spot Exchange
Transaction.
• Recognized finance systematically and served in a team which launched a
series of customer-oriented programs to expand sphere of business.
• Cooperated with team members to collected data, managed and analyzed the
total information and successfully completed the annual report of year 2007.
Additional:
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Created C++ program which simulate the trade system in bank.
Capable of using Matlab, VBA and statistics software SPSS.
Won the Second Price in Worldwide Exhibition of Paintings which held in
Turino, Italy.
Exhibited a work of sketch in gallery , Yokohama, Japan
Ranked Top 16 in Contest of 5 men City Soccer which is held in Shenyang,
China
Fluent in Mandarin
TINGTING ZHOU
511 Kearny Avenue
Kearny, NJ 07032
Tel: 201-628-4109
Education:
NANKAI UNIVERSITY
Bachelor of Science, Mathematics and Applied Mathematics, June 2009
• Recipient, Individual Scholarship from Nankai University
Newark, NJ
Tianjin, China
Experience:
2007-2008
WOLFRAM RESEARCH, INC.
Shenyang, China
Internship
• Cooperated and Coordinated with the localization team to deal with the algorithms,
Symbolic computation, and the other capabilities of Mathematica software.
• Built up 15 pages of localized Mathmatica knowledge database such as tooltip.nb.
• Added information of Mathematica usage to perfect the glossary of Mathemaica software.
• Understood and dealt with advanced and new Mathematical and physical functions with
their scope, applications, and relations in Mathematica language.
• Assisted Wolfram Research, Inc in making its first Chinese version Mathematica software.
2007-2008
INDUSRIAL AND COMMERCIAL BANK OF CHINA
Shenyang, China
Internship
Department of Financial Management
• Profiled customer need, referred customers to the appropriate service provider and provide
customized service and recommendations to customers.
• Classified and analyze the risk preference of individual customers and recommend
appropriate financial products on the basis of their preference on risk and expected return.
• Explained the product yield, product type, and the different types of risk to the customers.
• Collaborated with the manager to strategize and plot ways to meet clients’ satisfaction.
Additional:
•
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Proficient in MS Office Suite, Microsoft Visual Studio C++, PuTTY, R, SAS,
Mathematica and Matlab
Native fluent in Mandarin
Course Offerings
1 Washington Park
Newark, NJ 07102
Course Offerings:
Core Courses:
Applied Stochastic Processes (26:960:580)
Econometrics (26:220:507)
Financial Institutions & Markets (22:390:604)
Financial Modeling I (22:839:571)
Financial Modeling II (22:839:662)
Fundamentals of Career Planning (22:135:583)
Introduction to Finance
Introduction to Probability (26:960:575)
Investment Analysis & Management (22:839:603)
Microeconomics (26:220:501)
Numerical Analysis (22:839:510)
Object Oriented Programming in Finance I (22:839:614)
Object Oriented Programming in Finance II (22:839:615)
Operations Research Models in Finance (26:711:685)
Options (22:390:609)
Elective Courses:
Advanced Econometrics (26:223:655)
Advanced Financial Management (22:390:605)
Analysis of Fixed Income Securities (22:390:611)
Applied Portfolio Management (22:390:658)
Credit Derivatives (16:642:611)
Empirical Finance (26:390:668)
Financial Management (22:390:587)
Financial Statement Analysis (22:390:613)
International Capital Markets (22:390:606)
Investment Banking (22:390:654)
Portfolio Management (22:390:608)
Risk Management (22:390:670)
Course Descriptions:
Core Courses:
Applied Stochastic Processes (26:960:580)
This course reviews probability theory with emphasis on conditional expectations, Markov
process, Poisson process, continuous-time Markov chains, renewal theory, martingale theory and
stochastic calculus such as Ito's lemma, Browian motion, and related topics. (Pre-requisite:
16:960:582 or equivalent)
Econometrics (26:220: 507)
Statistical techniques for the analysis of models applicable to economic data and their application
to management problems.
Financial Institutions & Markets (22:390:604)
Presents a detailed overview of the theory and institutional features of the U.S. financial system.
Provides a comprehensive review of U.S. financial markets. Covers a survey of flow-of-funds
data and U.S. financial markets and institutions, capital market theory, financial factors and
economic activity, theory of the level and structure of interest rates. Prerequisites: 223:581 or
223:521; 223:591 or 223:520; and 390:587 or 390:522.
Financial Modeling I (22:839:571)
This course is the first of the two-course sequence in financial theory for Ph.D. and MQF
students. The course surveys the fundamental assumptions and the analytical techniques of the
modern finance theory. It builds a foundation for the study of higher-level courses in investment
theory and corporate finance. Topics include capital market equilibrium models, risk analysis
using utility theory, state preference theory, portfolio selection, market efficiency, and empirical
tests of asset pricing models.
Financial Modeling II (22:839:662)
This course covers continuous time finance, similar to an advanced Ph.D. course in asset pricing.
It follows Financial Modeling I which covers discrete time finance and continues with
continuous time financial theories. Topic-wise, it covers basic theories (backward and forward
equations, change of measure, state pricing, arbitrage pricing, martingales), derivatives pricing
(Black-Scholes model, Heston model, Geske model, Merton-Rabinovitch model), term structure
of interest rates (Vasicek model, CIR model, HJM model, Hull-White model), multi-factor
models (Chen-Scott model, Bakshi-Cao-Chen-Scott model, Duffie-Pan-Singleton model), credit
derivatives (Jarrow-Turnbull model, Duffie-Singleton model) and some numerical methods
(binomial model, finite difference methods, Monte-Carlo). Interested students can get a good
idea from the following books: Merton – Continuous Time Finance, Duffie - Dynamic Asset
Pricing Theory, Ingersoll - Theory of Financial Decision Making, and similar others.
Fundamentals of Career Planning (22:135:583)
These seminars are designed to provide students with an overview of the services offered by the
Office of Career Management (OCM). It will also introduce students to the Rutgers Business
School’s Career Development Program (CDP), including a presentation focused on business
etiquette essentials and a timeline of scheduled events.
Introduction to Finance
The course will focus on key concepts in Finance such as the time value of money, the
relationship between risk and return, and asset pricing / valuation theories. In addition, some
practical institutional knowledge will be discussed.
Introduction to Probability (26:960:575)
This course covers set theory, sample spaces, events, probability functions on sample spaces,
combinatorial methods, conditional probability, Bayes' theorem, Markov chains (if time
permits), random variables and distributions (discrete, continuous, mixed, multivariate),
conditional distributions, functions of random variables, expectations (mean, variance,
covariance, correlation, moments, conditional expectations), moment-generating functions,
inequalities (Chebyshev, Jensen), limit theorems (laws of large numbers, central limit theorem),
large sample approximations (Poisson and normal to binomial, normal to Poisson, normal to the
t- distribution, etc.), special distributions (Bernoulli, binomial, multinomial, geometric, negative
binomial, hypergeometric, Poisson, exponential, gamma, beta, t, normal and multivariate normal,
and chi-square.
Investment Analysis & Management (22:390:603)
Provides overview of the fields of security analysis and portfolio management. Introduces the
analysis of individual investments with special reference to common stock. Covers nature of
financial markets, security pricing models, critiques of techniques of security analysis.
Introduces problems of portfolio selection. Designed for the finance major who is interested in
the security/investment area as a possible career.
Microeconomics (26:220:501)
These courses survey and apply consumer theory, theory of the firm, decision making under
uncertainty, elements of marginal analysis, risk analysis to problems in demand analysis,
production, cost, market structure, pricing, and an introduction to non-cooperative game theory
with applications to economic problems with asymmetric information.
Numerical Analysis (22:839:510)
This course derives, analyzes, and applies methods used to solve numerical problems with
computers; solution of linear and nonlinear algebraic equations by iterations, linear equations
and matrices, least squares, interpolation and approximation of functions, numerical
differentiation and integration, and numerical solutions of ordinary differential equations.
Object Oriented Programming in Finance I (22:839:614) & II (22:839:615)
C++ is a higher level computer language with multiple personalities. The objective for this two
part course is for the student to become proficient in C++ programming so as to be able to
develop c++ functions and classes for independent and interrelated economic models via
parametrization and/or class interrelation. Topics will include data structures from the simple
data types and matrices to interrelated classes and inheritance; standard mathematics libraries,
logic and processing from simple conditionals to iteration and multitasking and the various forms
of parametrization.
Operations Research Models in Finance (26:711:685)
This course teaches students the use of Operations Research Models in the areas of Risk and
Portfolio Management.
Options (22:390:609)
Introduces the rapidly developing markets in futures and options. Subjects include the nature of
such markets, the pricing of instruments in the markets, and the use of such instruments by both
speculators and hedgers.
Elective Courses:
Advanced Econometrics (26:223:655)
Simultaneous equation models, seemingly unrelated regressions, autocorrelation, ARIMA
models, and nonlinear estimation. Applications of such techniques to theoretical and empirical
problems.
Advanced Financial Management (22:390:605)
Examines the problems faced by the corporate financial manager on the theoretical, analytical,
and applied level. The impact of the financing decision upon the value of the firm is analyzed.
Theoretical and analytical aspects of the capital budgeting decision. An analytical framework is
presented to evaluate leasing, bond refunding, and mergers and acquisitions. Theories of
corporate governance are discussed.
Analysis of Fixed Income Securities (22:390:611)
This course is designed to explore the investment characteristics, pricing, and risk/reward
potential of fixed income securities. The securities covered include bonds---with and without
embedded options, mortgages and mortgage-backed securities together with their derivatives
such as collateralized mortgage obligations (CMO's), income-only (I0's) and principal-only
(PO's) strips, interest rate swaps, and interest rate futures and option contracts. In addition this
course will explore the strategies for investing in portfolios of fixed income securities.
Prerequisites: 390:587 or 390:522; and 390:603.
Applied Portfolio Management (22:390:658)
This course teaches students how to create and manage on a continuing basis and actual portfolio
that meets the needs of a client. At most, seven students will be accepted to this course.
Credit Derivatives (16:642:611)
In addition to equity, interest rates, FX, and commodity derivatives, credit derivatives play an
increasingly important role in financial markets. The course will include a review of jump
processes; the basic theory of single name credit derivative modeling; structual, reduced form or
intensity models; credit default swaps; default correlation, multiname credit derivative modeling;
top down versus bottom up models; basket credit derivatives; collaterized debt obligations; and
tranche options. The goal of the course is to cover most of the material in "Credit Risk
Modeling" by David Lando (Princeton University Press, 2004) or "Credit Derivatives Pricing
Models" by Philipp Schonbucher (Wiley, 2004).
Empirical Finance (26:390:668)
The application of econometric techniques to the empirical study of finance and financial
economics, especially the examination of weak effects with very large samples. Among the
topics examined are measurement problems in event studies, the effects of anomalies in reported
prices on computed returns, and how to deal with those effects. After completing this course and
Advanced Econometrics, the student should be able to evaluate critically both proposed and
published studies and will become adept at designing his or her own studies.
Financial Management (22:390:587)
Provides a general survey of the field, including the basic principles of corporate finance,
financial markets and institutions, and investment theory. Corporate finance topics covered
include: the objective of financial management, valuation of assets and associated problems in
the valuation of the firm, acquisition of long-trimester assets (capital budgeting), management of
short-trimester assets, capital structure and financial statement analysis. Financial markets and
institutions studied include money markets, stock and bond markets, derivatives and the banking
system. Investment analysis topics include portfolio theory and asset pricing models.
Financial Statement Analysis (22:390:613)
This course presents techniques for analyzing a firm’s current and projected financial statements
for the purposes of credit analysis, security analysis, and internal financial analysis, cash flow
forecasting, time series analysis, discriminant analysis, and ‘event studies’. Topics covered
include: financial distress prediction, evaluation of sort-term and long-term loan requests,
financial evaluation of new products and start up firms, the impact of accounting information on
security returns, determinants of bond ratings and yields, and the reliability of historical and
forecasted accounting data. A working knowledge of spreadsheet analysis is expected. Special
emphasis is placed on acquiring data from printed and computer databases and an introduction to
specialized online databases and the Internet.
International Capital Markets (22:390:606)
Offers an understanding of the international financial structure and studies its impact on business
and individuals in various nations. Topics include the study of the adjustment mechanism used
by nations to solve balance of payments difficulties, the examination of international liquidity
and the new techniques being developed to replace gold; and a brief look at the implications of
these developments in guiding the international operations of banks, other financial institutions,
and business firms.
Investment Banking (22:390:654)
This course covers the effective integration of financial theory and practice and explores the
rapidly evolving theory of finance as it relates to a corporation’s investment in assets and
finance. We will also cover financial analysis and reasoning applied to problems faced by
management. Topics include: mergers and acquisitions, leasing, project finance, the art of
negotiating, securities industry, and financial engineering. Caricom, Aesean, and examine
attempts elsewhere, such as the Middle East, China, Japan, and other Asian territories. Students
develop projects on contemporary themes.
Portfolio Management (22:839:608)
Comprehensive coverage of the theory and practice of money management as well as in-depth
analysis of the theory and practice involved when securities are combined into portfolios. Like
390:603, the course is designed for finance majors interested in a career in money management.
Prerequisites: 223:581 or 223:521; 223:591 or 223:520; 390:587 or 390:522; and 390:603.
Risk Management (22:390:670)
This course introduces fundamental principles and techniques of financial risk management.
Topics include the role and function of risk management in investments; categories of financial
risk: market, credit and operational risk; regulatory issues of risk management; models and
measurement of risk; tools and techniques of risk management: P&L models, value-at-risk,
expected shortfall, extreme value theory, regression techniques, Monte-Carlo simulation, and
Dempster-Shafer model; stress testing and maximum loss theory; and model risk: model
validation in practice, term structure models and volatility models.
Internships/Independent Studies
Students are strongly encouraged to have an internship during the break from mid-May to lateAugust in the first year. Students will work in a financial firm to receive practical training in real
market environments. The types of training may include implementation of trading strategies for
equities and currencies, analysis of stocks and bonds, identification of mispriced securities,
validation of pricing models for options and other derivative assets, risk analysis and
management, and forecast of financial variables. Students will receive one credit from the
internship. The course is graded as Pass/Fail.