Conceptual vs Computational topics

[BandTen]

I understand that L3 is heavily conceptual / theoretical driven. Which topics will be more quantitative/ computational as I enjoy such topics more. Reminds me of the fun days at L2 which was heavily computational.

 

[S2000magician]

The most common topics for which you will do calculations are:

• Private wealth management (required rate of return, after-tax return, value of a bequest vs. value of a gift)
• Economics (Grinold-Kroner, Cobb-Douglas)
• Risk Applications of Derivatives (changing beta, duration)
• Performance Evaluation (implementation shortfall)

 

[BandTen]

Thank you, Magician!

 

[S2000magician]

You’re welcome.