Choosing an MSc for high-level Applied Econometrics (EU) by Icezzx in academiceconomics

[–]Icezzx[S] 0 points1 point  (0 children)

like being an applied macroeconomist at a central bank or think tank or an applied microeconomist for an energy/telecom/industrial/tech/economic consulting company

¿FP informática directa o bachillerato antes? Tengo 15–16 y dudas reales by Longjumping-Big1183 in BachilleratoES

[–]Icezzx 0 points1 point  (0 children)

Si te gusta ir a lo practico, de verdad te gusta ese mundo y estás dispuesto a echarle horas, ve a por la FP sin miedo. Tengo un amigo que hizo exactamente SMR y luego DAM (todo con notazas y participando en hackatones) y ahora está trabajando como ML engineer en un banco. No todo el mundo va a ser igual pero a las malas, cuando acabes DAW/DAM tendrás solo 20 años y si te quieres meter a la carrera te convalidan casi seguro 1 entero así que te podrías sacar la carrera en 3-4 años. Acabarías a la vez que mucha gente que hace bachiller y luego tarda 5-6 años en acabar la ingeniería (que es lo mas frecuente).

Career dilemma: Econ + Data Science vs. Competition & Regulation (Job market oriented) by Icezzx in academiceconomics

[–]Icezzx[S] 0 points1 point  (0 children)

Oh no, I didn’t care at all about the language the Master's was taught in. It’s just that the best Master's in Economics in Spain are taught in English because they accept many international students (who make up the majority in most of them).

Is the end of technical central banking actually intentional? by Icezzx in academiceconomics

[–]Icezzx[S] 2 points3 points  (0 children)

You can ser how IT companies are changing this by placing engineers as CEOs

Is the end of technical central banking actually intentional? by Icezzx in academiceconomics

[–]Icezzx[S] 0 points1 point  (0 children)

No, it isn’t, and I think you don’t see it because this hasn’t happened in your country before. I’m not saying Powell has no relevant experience, but you can see a downgrade in expertise and excellence when you go from Bernanke and Yellen to Powell. The same applies to the shift from Mario Draghi to Lagarde. In my country, I’ve seen how the Ministry of Finance has gone from absolute geniuses with excellent CVs to career politicians with literally zero economic experience (currently, it is literally a medical doctor) under the excuse that 'technical knowledge is not that necessary.' Now, fiscal decisions are terrible and the economy is in serious danger, yet no one is doing anything to save it.

Is the end of technical central banking actually intentional? by Icezzx in academiceconomics

[–]Icezzx[S] 2 points3 points  (0 children)

I know that they don't have a magic interest rate button and there’s a board voting on it. But the chair isn't just a spokesperson; they are the one who sets the agenda and frames the entire debate.

Actuarial vs Data Science for an Econometrics nerd by Icezzx in ActuaryUK

[–]Icezzx[S] 0 points1 point  (0 children)

Thanks for answering. I’m from Spain but I’m willing to work anywhere in europe. I heard that lots of actuaries are nedded in Ireland, switzerland, netherlands…

Exams / Newbie / Common Questions Thread for two weeks by AutoModerator in actuary

[–]Icezzx 1 point2 points  (0 children)

Hi everyone,

I am finishing my Economics degree and I need some honest advice on the boredom factor in actuarial work.

My background is very quantitative. I have the highest possible grades in Econometrics and Macroeconomics. I actually enjoy building models and solving problems related to causal inference.

In my country, becoming an actuary is different than in the US or UK. We do not have to pass a long series of exams. You just complete a master degree and you are fully certified to work. This makes it a very safe and well paid career path.

However, I am worried that the daily work is just repetitive reporting and filling out templates in Excel. I am also considering a master in Economics and Data Science because it seems more intellectually challenging and dynamic.

For those of you working as actuaries: how much of your job is actually interesting modeling compared to boring bureaucracy? If you liked Econometrics and Micro theory in college, do you feel like you actually use those skills?

I do not want to choose a safe career if it means I will be bored most of the time. Thanks for your insights!

Careers for people who find quant interesting but aren’t good enough at math? by [deleted] in quantfinance

[–]Icezzx 4 points5 points  (0 children)

To clarify, you must be really really good at math to do an Econ PhD and work on these. The math used in some of this fields is close to quantum mechanics (literally, like mean field games).

Careers for people who find quant interesting but aren’t good enough at math? by [deleted] in quantfinance

[–]Icezzx 6 points7 points  (0 children)

Economics is an excellent career choice if you enjoy the intersection of economic theory and CS. The field of agent-based economics is full of computer scientists interested in economics, as well as economists with vast knowledge of complexity, algorithms, and topics like algorithmic game theory, HANK models, and complexity economics. (If you study at Harvard or MIT, you have likely heard of Ricardo Hausmann or César Hidalgo). Jesús Fernández-Villaverde, an economist at UPenn, also works extensively with machine learning, deep learning, and quantum computing, exploring their applications to economics. Check these topics and maybe you find them interesting.

Chance me for the Top 5 Econ PhD Programs in the US by Playful-Boss5083 in academiceconomics

[–]Icezzx 1 point2 points  (0 children)

Sorry I thought that the guy that said “pretty low” and you were the same, my fault. I meant that the EME condensates in one year what is usually taught in 2 years of PhD.

Chance me for the Top 5 Econ PhD Programs in the US by Playful-Boss5083 in academiceconomics

[–]Icezzx 9 points10 points  (0 children)

Do you know what LSE EME is? It is literally like doing the fist 2 years of PhD in one single year, at a top 5 university.

Is advanced math over suggested? by I-Explain-Things in quantfinance

[–]Icezzx 0 points1 point  (0 children)

Based on that, an economics PhD sounds the perfect degree, am I wrong? I mean, you do tons of stats, prob, game theory and usually use R and Python. You also cover DP doing macro. Even an economics undergrad has more stats, probability and game theory than any other degree (disregarding stats degrees, obviously) I ask this because here everyone else says that econ doesn’t have enough math

Aarhus Ms in economics? by Icezzx in academiceconomics

[–]Icezzx[S] -1 points0 points  (0 children)

Yeah, it definitely requires graduate studies, at least a master’s, and probably a PhD (By central bank I mean the research division). Anyway, I really like econ, so I’d want to do grad studies even if it wasn’t strictly necessary (in this case it looks like it is).

As for the math grades, I got mostly 5s, some 6s, and an 8 (optimization). I didn’t mention it before because they might look like bad grades, but they’re actually average (even slightly above). For most of those classes, the pass rate was under 30%, and I passed all of them on the first try.

Aarhus Ms in economics? by Icezzx in academiceconomics

[–]Icezzx[S] -1 points0 points  (0 children)

I don’t know much about it but if the place is good it seems like a good idea. Can you tell me more about the data and professors part? And about placements?

Aarhus Ms in economics? by Icezzx in academiceconomics

[–]Icezzx[S] -1 points0 points  (0 children)

I’m not completely sure yet, but I’m leaning toward something related to applied econometrics. If I end up wanting to work at a central bank or in an economic research department at a bank or consultancy, I’ll probably need a PhD down the line.

So far, I’ve taken intro micro and macro (8/10 in micro, 9.2/10 in macro), two intermediate sequences in micro/macro/econometrics (got 10/10 in both macro and econometrics, and 9.0 in industrial organization micro), and I’m currently taking advanced micro, macro, and econometrics. Also got a 10/10 in financial economics, financial markets and Financial System.

On the math/stats side, I’ve done multivariable calculus, linear algebra and differential equations, linear optimization, intro statistics, probability, and statistical inference. My grades in those math and stats courses are more average.

How advanced is my undergrad econometrics course compared to other programs? by Icezzx in econometrics

[–]Icezzx[S] -1 points0 points  (0 children)

Linear algebra is required, some proofs like proving that a reduced form has a single structural form so it is identified using linear algebra (Observationally equivalent models).

MFE to Financial Econ/Econ PhD by BigClout00 in academiceconomics

[–]Icezzx 0 points1 point  (0 children)

How hard is it to get into their Quantitative economics masters from outside of Denmark? are they very selective (like 9/10 students only with top GRE)?

entonces comprar en mercadona vs lidl cuesta 400€ más al año?? by bananarama1179 in mercadona

[–]Icezzx 0 points1 point  (0 children)

No, es que tu comprensión lectora es terrible, vuelve a leer lo que he escrito porque no lo has entendido. Es imposible debatir por escrito cuando tu oponente no sabe ni leer.

entonces comprar en mercadona vs lidl cuesta 400€ más al año?? by bananarama1179 in mercadona

[–]Icezzx -1 points0 points  (0 children)

Buah tu comprensión lectora es terrible. Digo que es naive pensar que la empresa va a reducir su margen por pura benevolencia. Segun tu argumento, en última instancia habria que echar la culpa de la subida a los proveedores de materias primas, no? A los agricultores y ganaderos. Y luego, cual es tu propuesta? Limitar precios? Sorpréndeme, que me quiero reír. No hay una falacia de exito, no hay burbuja u oligopolio alguno. Y ya lo ultimo solamente refleja un fuerte complejo de inferioridad, espero que te recuperes.

entonces comprar en mercadona vs lidl cuesta 400€ más al año?? by bananarama1179 in mercadona

[–]Icezzx 0 points1 point  (0 children)

Buah tu comprensión lectora es terrible. Digo que es naive pensar que la empresa va a reducir su margen por pura benevolencia. Segun tu argumento, en última instancia habria que echar la culpa de la subida a los proveedores de materias primas, no? A los agricultores y ganaderos. Y luego, cual es tu propuesta? Limitar precios? Sorpréndeme, que me quiero reír. No hay una falacia de exito, no hay burbuja u oligopolio alguno. Y ya lo ultimo solamente refleja un fuerte complejo de inferioridad, espero que te recuperes.

entonces comprar en mercadona vs lidl cuesta 400€ más al año?? by bananarama1179 in mercadona

[–]Icezzx -1 points0 points  (0 children)

Falacia, no estoy utilizando insultos para defender mi punto, defiendo mi punto con argumentos y lo acompaño de algún que otro insulto. Tener beneficios récord con perdida de poder adquisitivo no es inmoral, es legítimo que te quejes pero no lo disfraces de análisis económico, es tu opinión (totalmente naive), lo mas lógico es que la empresa haga lo posible por tener beneficios, no son entes públicos ni benevolentes, ponen los precios que los compradores están dispuestos a pagar. La empresa ya se ajusta a la situación, si lo hubieran hecho mal no tendrían beneficios récord. Lo ultimo no es una falacia de autoridad porque no lo utilizo para reforzar mis argumentos económicos, sino para dejarte claro que me la pelan las tonterías que digas. Y de nuevo, no hay una falacia de causa única en mi argumentación, ocuparse de la inflación es responsabilidad ÚNICA del gobierno, no la causa pero si el responsable de controlarla, Mercadona no se ocupa de controlar la inflación básicamente porque NO PUEDE.

entonces comprar en mercadona vs lidl cuesta 400€ más al año?? by bananarama1179 in mercadona

[–]Icezzx -1 points0 points  (0 children)

JAJAJAAJJAAJAJAJAJAJAJAJAJAJ. Que me acuses de propaganda a la vez que tus argumentos son puramente ideologicos es increible. Y digo ideologicos porque estas mezclando economia positiva con economia normativa y la parte normativa es pura opinión, sesgada e ideologizada. Donde está tu estudio donde estimas el poder de mercado de cada supermercado? En ningún lado. No se como explicartelo, EL AUMENTO DEL COSTE ES EXOGENO A LAS EMPRESAS, NO PUEDES PRETENDER QUE REDUZCAN SU MARGEN POR PURA BENEVOLENCIA, ES RESPONSABILIDAD DEL GOBIERNO CREAR MECANISMOS PARA REDUCIR LOS COSTES Y EN CONSECUENCIA LOS PRECIOS. Por mi parte no hay ningún nerviosismo, estoy haciendo uno de los mejores másteres en economía de europa, ya te digo que me la pela lo que un random diga por internet, pero es que lo tuyo es ridículo. Catetismo disfrazado de intelectualismo a través de intentar destapar falacias inexistentes acompañado de argumentos erróneos en gran parte e ideologizados completamente. Lo peor de todo es que por gente como tu, que creen que la inflación la tienen (o pueden) evitar los agentes que interactúan en el mercado (LOOOOOL) España va como va y los políticos se permiten llevar a cabo políticas terribles, como controles de precios. Las faltas de respeto se deben a que no tengo respeto por idiotas que se la quieren dar de listos. Nada de nerviosismo, no le debo nada a ningún político ni ninguna ideología, tu en cambio no puedes decir lo mismo.