You are on page 1of 13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

C++ProgramingforFinancialEngineeringOnlineCertificate.Approvedfor15CPEcredithoursby
GARP

Home

Forum

QuantEducation

QuantPrograms

DISCUSSIONonsecondratedMFEprograms
FACEBOOK

<Prev

TWITTER

17

Next>

charlieLuosaid:
Thefirsttierprograms

Ithinkitmakesalotmoresensetofigureout"thefirsttierprograms"

Carl
Member

othersarethosewhodonothavegoodplacement.ifsoitdoesnotworththe$$$$$$.so
simplyavoidem.noneedtolearnmoreaboutthem.ifcannotgetintoafirsttier,do
somethingelsemaybeisabetteridea.thisissimilartoMBAs.anything2ndtieror
lowerhasmuchlowervaluethanthefirsttier.
Clicktoexpand...

Idisagreewiththis.Youappeartobelookingatthisfromtheviewpointof
someonewhoisattendingorhasgraduatedfroma"1sttier"school.Ifso,
yourviewpointrepresentsaminorityofallinvolved(theschools,other
aspiringstudents,headhunters,andemployers).
Takemyselfasanexample.Iamarecentlymarriedteacher,andamthus
stuckinthemetroareaforaconsiderableamountoffuturetime.Ihappen
towanttochangecareers.Ifaprogramcosts40k(i.e.Fordham)butgets
meastartingsalaryof60kwithraisesthatwillaverageouttogreaterthan
5%eachyear,thenattendingthelowertierprogramisamuchbetter
financialdecisionthanstickingaroundasateacher.Inamatterof5yearsI
willhavemoremoneythanifIcontinuedtoteach.
Facedwiththisconclusion,Iammorethanwillingtoattendanon1sttier
schoolaslongasIwillreceiveacompetenteducation.OfcourseIwould
prefera1sttier,butIamrealistic.Idonotthinkthat"ifcannotgetintoa
https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

1/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

firsttier,dosomethingelse,"isagoodidea.
Unfortunately,thereishardlyanyinformationconcerningnon1sttier
programsotherthanthatfoundontheprogram'swebsite(somewhichhas
beenshowntobe,attheleast,verymisleading).
It'sgreattoknowthegoodthingsaboutprograms.Itisalsogreattoknow
thebad.Thisway,Icanavoidmakingahorriblemistake.
Carl,3/4/08

#21

Carlsaid:
Idisagreewiththis.Youappeartobelookingatthisfromtheviewpointofsomeone
whoisattendingorhasgraduatedfroma"1sttier"school.Ifso,yourviewpoint
representsaminorityofallinvolved(theschools,otheraspiringstudents,
headhunters,andemployers).

bigbadwolf
WellKnownMember

FORUM
EVENTS

Takemyselfasanexample.Iamarecentlymarriedteacher,andamthusstuckinthe
metroareaforaconsiderableamountoffuturetime.Ihappentowanttochange
careers.Ifaprogramcosts40k(i.e.Fordham)butgetsmeastartingsalaryof60k
withraisesthatwillaverageouttogreaterthan5%eachyear,thenattendingthe
Clicktoexpand...
lowertierprogramisamuchbetterfinancialdecisionthanstickingaroundasa

Iagreewiththegeneralthrustofyourresponsebutthereareacoupleof
issuesherethatneedclarification.Thefirstisthatgarbageprogramsmaybe
MFERANKINGS
TRACKER
RESOURCES
orientingtheirstudentstojobstheyhavenorealisticchanceofsnagging
quantjobsatbigfirms.Theskillsetrequiredforthosejobsisdifferentto
thoserequiredforhumblerpositions.Iftheyfillyouupwithstochasticcalc,
MonteCarlo,etc.,you'rebeingpreparedforaquantrolewhichyoumay
LOGIN
notgetbecauseyourschoolhasabadreporyouhaven'tbeenproperly
trainedortherearesimplytoomanyapplicantsforalimitednumberof
jobsbutyoucan'tapplyforMBAtypejobsbecauseyouhaven'treceiveda
goodoverallfinanceeducation(IknowMFEtypeswhocan'treadfinancial
statements,thoughthat'sabasicskill).Relatedtomypreviouspoint,the
MFEhasyettocatchon(butprobablywillinthefullnessoftime)asa
competitortotheMBAnotjustinIBs,hedgefunds,andfinancial
boutiques,butacrossAmericanbusinessasawhole,astheyunderstandthe
needformorequantorientedpeoplethanwhatMBAprogramsmaybe
churningout.Andsecondtierschoolswillhavetolearnhowtocatertothis
growingmarketbyprovidingpeoplewithamixofquant,computing,and
basicfinancialskills.Thishasyettobedone.Andinmyhumbleopinion,
there'salatentmarketforthis.
bigbadwolf,3/4/08

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

#22

2/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

Ifaprogramcosts40k(i.e.Fordham)butgetsmeastartingsalaryof60k
withraisesthatwillaverageouttogreaterthan5%eachyear,then
attendingthelowertierprogramisamuchbetterfinancialdecisionthan
stickingaroundasateacher.

DominiConnor
QuantHeadhunter

Thequestioniswhetheryouwillgetthisjob.Yesofcoursemanyjobsgoto
nonfirsttier(whateverthatmeans),butthatisnotguaranteed,andyou're
100%rightthatinformationonthelessbrandedschoolsissparseand
unreliable.AsaHHIdothiscrapforaliving,andIstruggletogetareliable
view,someonejustgooglingisgoingtohaveithard.
$40Konateachingsalaryisabiglumpofcashand12yearsisserioustime
soyouhavemysympathy.
FordhamisthefirstprogrammewhereI'vereceivedinformationthatthey
areactuallylying,butchoosinganythingbasedsolelyuponbrochuresis
nevergoingtoworkoutwell.Theyaresalespitchesforhighpriced
products.ARolexaddoesnotsay"Ourwatchesareprettygood,butnotfor
youifyouwantadigitaldisplay,orareallergictothealloyweuse,alsosome
peoplefindthemabitthick".Theyhavesomesportsdudeimplyingthatif
youwearone,youwillbemistakenforTigerWoodsandDavidBeckham.
FordhamusesDescartesandJamesJoyce.Sameidea.
TheotherproblemforbothmeasaHH,andpeopletryingtomakegood
choices,isthatasonemoves"downtier",thenumberofprogramsgoesup
rapidly.TherearesomeprogrammesthatIliterallyhavenodataatall.
DominiConnor,3/4/08

#23

bigbadwolfsaid:
ThusOxford,forexample,basesitsadmissionprimarilyonaninterview.Ipersonally
knowofcaseswherethey'vemadeoffersaskingforonlytwo"E"gradesatGCE"A"
levels.

israelrt
NewMember

ThatisaseriousmisunderstandingofOxford'sadmissionsprocess.Oxford's
admissiontutorsareextremelyinterestedinmarks.ECs,leadershipand
personalqualitiesarecompletelyirrelevanttotheprocess(unlessyourEC
isthatyouwereontheInternationalMathsOlympiadteam).Astheparent
ofonestudentatOxford,andanotherwhoisapplyingtoOxfordandthe
Ivies(asasafetysinceOxfordissoferociouslyhardtogetinto),Ican
assureyouthatOxfordarefarmoreobsessedbyacademicexcellencethan
theIvies.
AmericanswhoapplytoOxfordareexpectedtohaveATLEASTmid700s

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

3/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

inall3partsoftheSATs(ie:scoreof1500CR+Mor2250CR+M+W),
plus3SATSubjectstestsinthehigh700s,plus4APswithascoreof5
each.Thisisjustforstarters.Inaddition,theresultsofthecoursespecific
standardisedentrancetestsrunbyOxfordareextremelyimportant.These
includetheLNAT,HATandtheSTEPforlaw,historyandmathematics
respectively.InthecaseofUKapplicants,theylookatmarksstartingfrom
theyear10GCSEgrade,the"predicted"Alevels(sincethestudentsapply
beforetheyhavetheirfinalAlevelresults).ThepredictedAlevelscore
needstobeatleastAAAforthecandidatetoevenbeconsidered.AAAAAis
commonandAAAAAAAisnotunknown
IFyouscoreextremelywellontheacademicsections,youarecalledtoan
interviewthatistechnical/brainteaserbased.
Ifyoudowellattheinterview,youareplacedonashortlistofcandidates
whoarecomptetingforthelimitedplacesineachsubject.Ifyouareoneof
thebest,oncemarksandtheinterviewareconsidered,youareoffereda
conditionalacceptancewhichisusuallybasedonyouachievingaAAAon
theAlevels.Ifyoufailtomeettheconditionalscore,youdontgetin.
Iftheadmissionstutors(ie:theactualprofessorswhoteachyouthesubject
whenyouarrivethere)thinkthatyouareamazinglybrilliant,theymay(
veryrarely)offeryouaEEasaconditionofacceptance.Thisismerely
meanttosignalthattheyreally,reallywantyouandthinkthatyouare
nearlygeniuslevel.ThekidswhoareofferedEE,normallygetAAAAsince
theyareusuallythemostacademicallyproficientoftheentireapplicant
cohort.
Realistically,unlessyouareatleastatthe98thpercentilelevel,applyingto
Oxfordisawasteoftime.Infact,theiradmissionwebsiteisquiteopen
aboutthis,sayingthattheyarelookingforapplicationsfrompeopleinthe
top2%orbetteroftheircohort.
israelrt,3/4/08

#24

"FordhamusesDescartesandJamesJoyce."
IfailtospottheconnectionbetweenFordhamandthesetwofinegents.
AFAIK,DescarteswasafrenchmanandJoyce,althoughborninIreland,
livedalloverEurope(includingFrance).
Poirot

Poirot,3/5/08

#25

NewMember

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

4/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

WhichprogramshouldIchoose?
Iamaninternationalstudent.IhavegotadmissionfromMSCF@CMU,
MSFM@UChicago,MFE@UMich,andpotentiallyfromMFE@Columbia

Feng
NewMember

Cananyonegivesomecommentsandperspectivesontheseprograms?
Especiallyregardingjobopportunitiesforinternationalstudentsinthese
programs,andalsootherimportantaspects.Thankyouverymuch!
Feng,3/5/08

AndyNguyen
Member

#26

Ofthefour,CMUhasbeenupfrontwithitsinternshipandplacementdata
whiletheother3providesnothing.
WordsIheardisthatMFE@Columbiaisreallybadwithitsplacementthis
year.Only15ofthe67orsograduateshasfoundjobsduetoitslargeclass
size,terriblemarketcondition,foulweather,badfengshui,etc...
UMichisabigschoolbutnotexactlyatthecenterofafinancialcenter.
UChicago,Ihavenodatapointtosayanythingeitherway.
IfIwereyou,IwouldcallupUChicago,askabouttheircurrentplacement
sceneandthenmakeachoicebetweenCMUandUChicago.Oneis
expensivewithgoodplacementandlocation.Theotherislessexpensiveand
potentiallygoodplacementandsecondbestlocation.
Talktotheheadhuntersaroundhere(Dominic,ToddFahey,Eric,etc).
TheyknowthemarketbetterthanIdo.
C++OnlineCertificate*QuantNetGuide*TrackMFEapplicationstatus
AndyNguyen,3/5/08

#27

YouarenotaloneinnotseeinghowFordhamcanclaimcreditforthese
people.AsIsay,itslikethewayRolexwouldlikeyoutobelievethata$10K
watchwillmakeyouagreatsportsman.
Fordhamgoesfurther,andtoquotetheirwebsite:
AtFordham,youwillexperiencethesameJesuitapproachtoeducationthathaschallengedsome
oftheworld'sgreatestthinkersformorethan400years.JesuiteducatednotableshaveincludedDescartes,

DominiConnor

Molire,AlfredHitchcock,Sting,JamesJoyce,DeeDeeMyers,andCaptainKangaroo.

QuantHeadhunter

DescartesandMoliereareFrenchwithnoconnectiontoFordhamwhich
didnotexistatthetime.AlfredHitchcock'sconnectiontoFordhamisthat
forawhileheworkedonthesamecontinent,anditispossiblethatheflew
https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

5/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

overitonce.AsithappensI'msittingnearwherehewaseducated,in
England,thousandsofmilesfromFordham.
StingisaBuddhist,educatedinEngland,notsurewhatthathastodowith
apromotingaUSJesuitcollege.
DeeDeeMyershasamuchcloserconnectiontoFordhamthananyofthe
others,sinceshewasactuallyeducatedinAmerica,albeitinacollegeasfar
awayaspossiblefromFordhamasonecanbeinthelower48states.
JamesJoycewasIrish,againwithnoconnection.Hedidhowevergetsome
Jesuiteducation(alittlemorethanme),howeverhewaskickedoutasa
childbecausehisparentscouldnotaffordthefees.Feesareofcourseasore
pointwithFordhamsincethey'veagreedtoreimbursestudentsafter
runningastudentloanscam,aftercriminalinvestigation.
Idon'tknowwhat'sgoingonatFordham,anduntilsomeonecomplainedto
me,Ididn'treallycare,butitdoesnotlookgood.
DominiConnor,3/5/08

#28

Thankyouverymuchforyouradvice,Andy.IwillcallUChicago
IknowthatMSCF@CMUhasverygoodreputationinthestreet.Yetmany
otherfactorsmakesmefeelthatit'snotperfect.Iknowthere'snoreasonto
askforperfectnessatanytime,butIthinkyoucanunderstandthisbecause
Iamgoingtopayalargeamountofmoneyforthat.
Feng
NewMember

Thefirstreasonformetovacilateistheoverallreputationforthenameof
CMU.OutsideUSA,almostnoonehavehearedofit.(SinceIama
computermajorstudent,IknowCMUwellthough)Ithinkthiswillhave
somelongtermeffectifsomedayIamgettingbacktoChina.
IappliedtoPittsburgcampusofCMU,soregardingthelocationIthinkU
Chicagoisbetter.
ThoughthedirectorofMSCF@CMUtoldmethatplacementoflastclass
was"muchbetterthantheyhadexpected",Ialsoheardthatonly1student
inthisyear'sNYclasshasgotjobofferinNY,manyAsianstudentshaveto
getbacktoHongKong(Icannotbesureabouttheaccuracyofthis
information).AlsoacurrentstudentatCMU'sprogramtoldmethatit'snot
agoodtimetogotoUSforaMFEprogram.SoIamkindofworriedabout
thejobmarket.
ItseemsthattherehavealwaysbeenalotofdisputesoverColumbia'sMFE

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

6/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

program.DoyouknowthatthebadplacementrecordofColumbiaisonly
forthisyear,orithasneverperformedverywellinthepast?Atleast
placementrecordofCMUthisyearisalsomuchworsethanthoseinpast
years,thoughIhavenosolidstatisticsyet.
Feng,3/5/08

#29

israelrtsaid:

bigbadwolf
WellKnownMember

Iftheadmissionstutors(ie:theactualprofessorswhoteachyouthesubjectwhenyou
arrivethere)thinkthatyouareamazinglybrilliant,theymay(veryrarely)offer
youaEEasaconditionofacceptance.Thisismerelymeanttosignalthattheyreally,
reallywantyouandthinkthatyouarenearlygeniuslevel.Thekidswhoareoffered
EE,normallygetAAAAsincetheyareusuallythemostacademicallyproficientofthe
entireapplicantcohort.

Idon'tdisputetherestofyourpostsohavesnippeditout.WhatI've
underlinedaboveistheonlypointI''mtryingtomake:I'mnotawareofany
suchproceduresamongtheUSIvies.I'mawareoftwopeoplewhogotinto
OxfordonthebasisofhavingtogetonlyEE.Inbothcases,ifmemory
serves,theygotAAAA.ThequestioniswhyweretheygivenEEoffers
insteadofAAAA.Iarguebecausetheadmissiontutorswerecognisantthat
mathematicallytalentedyoungstersmightnotperformthatwellinstandard
tests(suchas"A"level).Andhencethatresultsofsuchtestsmightnotbea
reliable"filter."
Inpassing,Ialsohadafriendwho*only*achievedAAA,didn'tdotoowell
atinterview,butsincehehadalreadydoneayearatBirkbeck(LondonU),
wasadmitted.Butthisisgoingbacktwentyyears.AndOxford'sadmission
procedureshavepossiblybecomemorestandardisedsincethen.YetI
wonder.TherearerecordnumbersofBritishyoungstersachievingthe
highestlettergradeat"A"levels,andthere'sagrowingrecognitionthatthe
examnolongerservesitpurposeofdistinguishingthewheatfromthechaff.
Withregardtoforeignapplicants,theydoubtlessusemorestringentand
explicitcriteria.AsIseemtorecall,Cambridgetherealjewelinthecrown
ofscientificeducationintheUKdoesmakeoffersbasedon"A"level
performanceusuallyAAAA,Ithink(andsomeoftheirentrantsachieve
AAAAA).
Postscript:You'remakingadmissiontoOxfordouttobemoreintimidating
thanitreallyis,thoughthefiguresyoucitecannotbearguedwith.Ifyou
haverealmathematicaltalent,eitherOxfordorCambridgewilladmityouas
amathundergrad,asthat'sallthey'rereallylookingfor.UnliketheUS
https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

7/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

Ivies,whoseemtohavemovinggoalposts,andseldommakeexplicitwhat
mixofqualitiesthey'relookingfor(andinwhichacademicpotentialseems
tobeonlyoneingredient).
bigbadwolf,3/5/08

alain
OlderandWiser

(OFFTOPIC)Pardonmyignorance,butwhatisthisA,AA,AAA,AAAAA
business?MyexperienceisverylimitedsinceIcamefromCuba.Ionly
knowtheCubanandtheAmericansystem...andBTW,thecubansystemis
extremelysimplebutveryefficient.Yougetintocollege/universitybaseona
test.Ifyoudon'tdowellonit,toughluck.Harshbutitworkssomehow....
andafteryouarein,itissurvivalofthefittestbecausetheprofessorsmake
yourlifealivinghellforthefirstcoupleofyearsto"filter"peopleout...Ah,
ifyoufailed,youareout,plainandsimple...atanylevel.
alain,3/5/08

Sachin
NewMember

#30

#31

ContrasttheOxfordthingwiththeIndiansystem(likeCuba).Forentrance
toanyschool..beitforengineeringormedicine..thereareexamswhichare
heldonceayear.ForIndianInstitutesofTechnologyortheIndian
InstitutesofManagement,approx2.5lacstudentsappearfor2000odd
seats.Ifyoumakethatexam,youareinelseyoucan'tdoanythingevenif
youarethesonofthePresident.So,you'llseealotofstudentstopping
theirClass12thexambutcomingacropperintheentranceexaminations.Of
coursetherearebothprosandconstoit...thereisnotaniotaofnepotism
butthenagainonlyoneexamdecidesyourfurtureandifyouhaveonebad
day,youcannotmakeit.Formedicinestudentsit'seventougherwherefor
25oddseatsinAIIMS(AllIndiaInst.ofMedicalSciences)over2lac
studentsappear.
Sachin
Sachin,3/5/08

#32

IfyoucouldalsopostyourfindingabouttheUChicagoplacementrateand
yourdiscussionswithotheruniversities,Iwouldappreciateit.Thanksin
advance!

bobbychopra

bobbychopra,3/5/08

#33

NewMember

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

8/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

alainsaid:
(OFFTOPIC)Pardonmyignorance,butwhatisthisA,AA,AAA,AAAAAbusiness?

bigbadwolf
WellKnownMember

"A"meansoneAgrade(e.g.mathematics)atGCSEadvancedlevel"AA"
meanstwoAgrades(e.g.mathandphysics)"AAAAA"meansfiveAgrades
(e.g.math,furthermath,physics,chemistry,biology).SinceEnglishdegrees
typicallyconcentrateononesubject(e.g.math,physics,orbiology),Idon't
seethelogicoftakingsomanysubjects.
bigbadwolf,3/5/08

#34

Well,Iamverygladtosharetheinformation.

Feng
NewMember

FromwhomItalkedtoatUChicago(someoneintheadmissionoffice),
theirlastyear'splacementratewasnear100%.Andaccordingtoherwords,
thisyear'splacementseemsevenbetterthanlastyear.Mostjoboffersare
withinUS(thisiswhatIconcernbecauseIamaninternationalstudent).
Theyhavealsogot2professorsnowinchargeoftheirstudent'scareer
service.Theywillinviteemployerstotheschool.Theydonothave
graduatesfirstyearsalarystatistics.
That'snearlyallIgotfromthephonecall.
Feng,3/5/08

#35

IhaveahighregardforChicago'sproactiveworkinhelpingtheirstudents
findjobs.
Can'thelpwithplacementstatistics,sinceofcoursethisisnotsomething
headhunterssee.

Abhishek
Najbile
ActiveMember
C++Certified

OnthesubjectofreturningtoChina,myfeelingisthatCMU&Chicago
havethebeterinternationalvisibility,thoughIcannotbe100%about
China.
Butwhatwillbemoreimportantisthebrandofyouremployers,especially
ifyouareuncertainaboutwhenyouwillreturn.Unlessafirmisbig
internationally,youwillfindthatit'sbranddropshardonceyougoforjobs
outsidetheUSA.
AbhishekNajbile,3/5/08

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

#36

9/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

ButstillCMU'scareerserviceisstronger?

DominiConnorsaid:

Feng
NewMember

IhaveahighregardforChicago'sproactiveworkinhelpingtheirstudentsfindjobs.
Can'thelpwithplacementstatistics,sinceofcoursethisisnotsomethingheadhunters
see.
OnthesubjectofreturningtoChina,myfeelingisthatCMU&Chicagohavethebeter
internationalvisibility,thoughIcannotbe100%aboutChina.
Butwhatwillbemoreimportantisthebrandofyouremployers,especiallyifyouare
uncertainaboutwhenyouwillreturn.Unlessafirmisbiginternationally,youwill
findthatit'sbranddropshardonceyougoforjobsoutsidetheUSA.

Feng,3/6/08

#37

Internationalqualificationsareanissueatmasterslevel.
Thevastmajorityofpeopledotheirfirstdegreeintheirhomecountry,and
it'squiteclearfromwhereIsitthatthereisawidevarietyofoptimalityof
theselectionprocesses.

DominiConnor
QuantHeadhunter

ButthereisnorealstandardforwhataMFEprogramwillaccept,andthe
qualityoffirstdegreesvariesglobally,asdoesthelevelofcorruptioninthe
process.IndiahasdoneafirstratejobinmakingitsIITdegreesan
internationallyvaluedstandard.Chinesestudentsarefacedwiththe
problemthatsomanyofthepeopleinterviewingthemhavepreviouslymet
ROCgraduateswhoclearlyhadtheirdegreeboughtforthembytheir
parents,orsomeotheruncleanmeans.Wenotethatanincreasingnumber
HKstudentsoftengotosomepainstopointoutthatnoneoftheir
qualificationscomefromthePRC.
FordhammaybetheworstcaseintheWestofmoneygoingtotheheadsof
peoplerunningfinanceprogrammes,butitisnoalone.Wegetfeedbackof
courseswhere50%dropoutaftertheyhavepaidtheirmoney.It'shardto
confirmthisexactly,sincenoMFEprogrammepublishesitsdropoutrate,
andthepeoplewhoenduptalkingtoP&Darethosewhogotouttheother
side,sooursampleishopelesslybiased.
DominiConnor,3/6/08

#38

Sorrytobringthisup,butIthinkyouareunawareabouttheUChicago
programbeingextendedtoSingapore.Informationisstilltricklingin.Iam
https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

10/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

tryingtogatherasmuchinformationasIcan.
SingaporeProgram
http://finmath.uchicago.edu/new/msfm/news/press_02508.php
Theuniversityconductedasurveyacoupleofweeksago
bobbychopra
NewMember

IfyouwouldconsiderSingaporeasyourstudylocation,wewouldliketoknowthe
decidingfactors....(chooseallthatapply)
a)ChoosingSingaporeallowsmetocontinueworkingandstudyparttime
b)ChoosingSingaporewillallowmetostudywithlessfinancialburden
c)Singaporeisclosertomyhomeandfamily
d)ChoosingSingaporewillprovidemewiththeopportunitytoexploreadifferent
cultureandnewfinancialnetworks
e)Other(pleaseexplain)

Myimpressionisthattheuniversitywillsoonhavesomesortofcareer
centerforfocusingonopportunitiesinSouthEastAsiaandinSouthAsia.It
alsowantstoattractcandidatestothenewprogramlocation.
Maybeinayearorso,theSingaporeprogramwouldawholelotof
opportunitiestoofferinthatregion.
bobbychopra,3/6/08

DominiConnor
QuantHeadhunter

#39

SadlyIhaveyettotalkwithanalumnusoftheIITStuartprogramme.
Butthedescriptionlooksgood.
Ithinkitisuniqueamongstfinanceprogrammesinthatitmayrequireyou
todoabasicC++coursebeforeyoustart.ManyprogrammeslikeFordham
claimtheycanturnoutskilledMFEswherenoC++happensatall
TheysaytheyuseAnsiC++,whichisgood,butelsewhereIhaveheardthey
useuseC++/CLIwhichI'mlesshappyabout,simplybecauseitisnotC++,
andwillcausetheirstudentstofailtoanswermanyinterviewquestions.
AlsoC++/CLIisalmostunknowninprofessionalfinance,somuchsothat
interviewerswillaskC++questionsandbedisappointedbytheblanklooks.
TheyalsorequirestudentstodoVB.NEtwhichismorethanalittlebitodd,
andmoreMScentricthanishealthy.Butmygripewiththatismostlythat
aquantneedsmoremathsthanheneedsVB.NET.
It'sextremelyhardtotellsimplyfromthecourseoutlinewhetherthemaths
contentisadvancedorrelevant."ComputationalFinanceIII"Isuspectis
moreadvancedthan"ComputationalFinanceII",butthat'sasfarasitgoes.
DominiConnor,3/6/08

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

#40

11/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

<Prev

FACEBOOK

17

Next>

(Youmustloginorsignuptoreplyhere.)

TWITTER

ApplicationTrackers(3943total)
ColumbiaMFE
GeorgiaTechQCF
GeorgiaTechQCF
ColumbiaMFE
BostonMathFin

Yesterdayat10:18PM
Yesterdayat7:55PM
Yesterdayat5:09PM
Yesterdayat10:07AM
Yesterdayat10:06AM

Mostreviewed
UniversityofWashingtonComputationalFinance&RiskManagementprogram
28votes
BaruchCollegeFinancialEngineeringprogram
20votes
UniversityofIllinoisFinancialEngineeringprogram
18votes
UniversityofMinnesotaFinancialMathematicsprogram
20votes
CMUComputationalFinanceprogram
12votes

Help TermsandRules

AboutUs
QuantNetistheworld'slargestonlineresourceandcommunityforapplicantsandprofessionalsinthefieldof
financialengineering,quantitativefinance,bigdataanalysis.
QUANTNETINC
1133Broadway,Suite708
NewYork,NY10010

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

12/13

2/18/2015

DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

QuickNavigation
Home
ContactUs
Advertise
PostaJob

Usefullinks
C++OnlineCertificate
QuantNetGuideandReadingList
QuantSalaryDatabase
TopMFEprogramsrankings

https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2

13/13

You might also like