Hi, For Level 1, I was advised to study Quant Methods before Fixed Income, Portfolio Management etc in order to be able to understand the topics better. I am wondering if I need to follow the same approach for Level 2? Is it necessary to study the Quant Methods syllabus before reaching the Fixed Income, or can I jump straight into Fixed Income?
FYI - I am not the most mathematically gifted person (I’d say I’m average)
Any help/guidance would be much appreciated. Thanks!
For fixed income I don’t think so. But the NYSSA class here in NYC has us do Quant and then Port management, just because there is a few explanations that touch on multiple regression and AR models covered in quant.
I read derivatives before fixed income, just by chance, but I found it helpful, because in fixed income they touch in some derivative concepts. You will be OK though if you haven’t gone through the derivatives material, but i found it helpful.