DISCUSSION on Second Rated MFE Programs _ Page 2 _ QuantNet Community

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 2/ 18 /2 01 5 DI SCUSSION on secon d ra te d MFE p ro g ra ms | Pa ge 2 | QuantNe t Co mmun it y ht tps:/ /www. q ua nt ne t.com/th rea ds/d iscussion-on-se co nd -rate d-mfe-p rograms. 1 20 6/ pa ge -2 1 /1 3  C++ Programing for Financial Engineering Online Certicate .  Appro ved for 15 CPE credit hours by GARP  < Prev 1   17 Ne xt > DISCUSSION on second rated MFE programs charlieLuo said: I disagree with this. You appear to be looking at this from the viewpoint of someone who is attending or has graduated from a "1st tier" school. If so,  your viewpoi nt repre sents a minority of all involved (t he schools, oth er aspiring students, headhunters, and employers). Take my self a s an example. I am a recently married teacher, and am thus stuck in  the m etro  area for a considerable amount of future time. I happen to want to change careers. If a program costs 40k (i.e. Fordham) but gets me a starting salary of 60k with raises that will average out to greater than 5% each year,  then attending t he lower tier program is a mu ch b etter financial decision than sticking around as a teacher. In a matter of 5 years I  will have more money th an if I continued to teach. Faced with this conclusion, I am more than willing to attend a non 1st tier school as long as I will receive a competent education. Of course I would prefer a 1st tier, but I am realistic. I do not think that "if can not get into a FACEBOOK TWITTER 3 4 5 6 2 Carl Member The first tier programs  think it makes a lot more sense to gure out "the rst tier programs" others are those who do not have good placement. if so it does not worth the $$$$$$. so simply avoid em. no need to learn more about them. if can not get into a rst tier, do something else maybe is a better idea. this is similar to MBAs. anything 2nd tier or lower has much lower value than the rst tier.  Click to expand...

Transcript of DISCUSSION on Second Rated MFE Programs _ Page 2 _ QuantNet Community

  • 2/18/2015 DISCUSSIONonsecondratedMFEprograms|Page2|QuantNetCommunity

    https://www.quantnet.com/threads/discussiononsecondratedmfeprograms.1206/page2 1/13

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    DISCUSSIONonsecondratedMFEprograms

    charlieLuosaid:

    Idisagreewiththis.Youappeartobelookingatthisfromtheviewpointofsomeonewhoisattendingorhasgraduatedfroma"1sttier"school.Ifso,yourviewpointrepresentsaminorityofallinvolved(theschools,otheraspiringstudents,headhunters,andemployers).

    Takemyselfasanexample.Iamarecentlymarriedteacher,andamthusstuckinthemetroareaforaconsiderableamountoffuturetime.Ihappentowanttochangecareers.Ifaprogramcosts40k(i.e.Fordham)butgetsmeastartingsalaryof60kwithraisesthatwillaverageouttogreaterthan5%eachyear,thenattendingthelowertierprogramisamuchbetterfinancialdecisionthanstickingaroundasateacher.Inamatterof5yearsIwillhavemoremoneythanifIcontinuedtoteach.

    Facedwiththisconclusion,Iammorethanwillingtoattendanon1sttierschoolaslongasIwillreceiveacompetenteducation.OfcourseIwouldprefera1sttier,butIamrealistic.Idonotthinkthat"ifcannotgetintoa

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    CarlMember

    Thefirsttierprograms

    Ithinkitmakesalotmoresensetofigureout"thefirsttierprograms"

    othersarethosewhodonothavegoodplacement.ifsoitdoesnotworththe$$$$$$.sosimplyavoidem.noneedtolearnmoreaboutthem.ifcannotgetintoafirsttier,dosomethingelsemaybeisabetteridea.thisissimilartoMBAs.anything2ndtierorlowerhasmuchlowervaluethanthefirsttier.

    Clicktoexpand...

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    #21

    #22

    firsttier,dosomethingelse,"isagoodidea.

    Unfortunately,thereishardlyanyinformationconcerningnon1sttierprogramsotherthanthatfoundontheprogram'swebsite(somewhichhasbeenshowntobe,attheleast,verymisleading).

    It'sgreattoknowthegoodthingsaboutprograms.Itisalsogreattoknowthebad.Thisway,Icanavoidmakingahorriblemistake.

    Carl,3/4/08

    Carlsaid:

    Iagreewiththegeneralthrustofyourresponsebutthereareacoupleofissuesherethatneedclarification.Thefirstisthatgarbageprogramsmaybeorientingtheirstudentstojobstheyhavenorealisticchanceofsnaggingquantjobsatbigfirms.Theskillsetrequiredforthosejobsisdifferenttothoserequiredforhumblerpositions.Iftheyfillyouupwithstochasticcalc,MonteCarlo,etc.,you'rebeingpreparedforaquantrolewhichyoumaynotgetbecauseyourschoolhasabadreporyouhaven'tbeenproperlytrainedortherearesimplytoomanyapplicantsforalimitednumberofjobsbutyoucan'tapplyforMBAtypejobsbecauseyouhaven'treceivedagoodoverallfinanceeducation(IknowMFEtypeswhocan'treadfinancialstatements,thoughthat'sabasicskill).Relatedtomypreviouspoint,theMFEhasyettocatchon(butprobablywillinthefullnessoftime)asacompetitortotheMBAnotjustinIBs,hedgefunds,andfinancialboutiques,butacrossAmericanbusinessasawhole,astheyunderstandtheneedformorequantorientedpeoplethanwhatMBAprogramsmaybechurningout.Andsecondtierschoolswillhavetolearnhowtocatertothisgrowingmarketbyprovidingpeoplewithamixofquant,computing,andbasicfinancialskills.Thishasyettobedone.Andinmyhumbleopinion,there'salatentmarketforthis.

    bigbadwolf,3/4/08

    bigbadwolfWellKnownMember

    Idisagreewiththis.Youappeartobelookingatthisfromtheviewpointofsomeonewhoisattendingorhasgraduatedfroma"1sttier"school.Ifso,yourviewpointrepresentsaminorityofallinvolved(theschools,otheraspiringstudents,headhunters,andemployers).

    Takemyselfasanexample.Iamarecentlymarriedteacher,andamthusstuckinthemetroareaforaconsiderableamountoffuturetime.Ihappentowanttochangecareers.Ifaprogramcosts40k(i.e.Fordham)butgetsmeastartingsalaryof60kwithraisesthatwillaverageouttogreaterthan5%eachyear,thenattendingthelowertierprogramisamuchbetterfinancialdecisionthanstickingaroundasaClicktoexpand...

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    #23

    Ifaprogramcosts40k(i.e.Fordham)butgetsmeastartingsalaryof60kwithraisesthatwillaverageouttogreaterthan5%eachyear,thenattendingthelowertierprogramisamuchbetterfinancialdecisionthanstickingaroundasateacher.

    Thequestioniswhetheryouwillgetthisjob.Yesofcoursemanyjobsgotononfirsttier(whateverthatmeans),butthatisnotguaranteed,andyou're100%rightthatinformationonthelessbrandedschoolsissparseandunreliable.AsaHHIdothiscrapforaliving,andIstruggletogetareliableview,someonejustgooglingisgoingtohaveithard.$40Konateachingsalaryisabiglumpofcashand12yearsisserioustimesoyouhavemysympathy.FordhamisthefirstprogrammewhereI'vereceivedinformationthattheyareactuallylying,butchoosinganythingbasedsolelyuponbrochuresisnevergoingtoworkoutwell.Theyaresalespitchesforhighpricedproducts.ARolexaddoesnotsay"Ourwatchesareprettygood,butnotforyouifyouwantadigitaldisplay,orareallergictothealloyweuse,alsosomepeoplefindthemabitthick".Theyhavesomesportsdudeimplyingthatifyouwearone,youwillbemistakenforTigerWoodsandDavidBeckham.FordhamusesDescartesandJamesJoyce.Sameidea.

    TheotherproblemforbothmeasaHH,andpeopletryingtomakegoodchoices,isthatasonemoves"downtier",thenumberofprogramsgoesuprapidly.TherearesomeprogrammesthatIliterallyhavenodataatall.

    DominiConnor,3/4/08

    bigbadwolfsaid:

    ThatisaseriousmisunderstandingofOxford'sadmissionsprocess.Oxford'sadmissiontutorsareextremelyinterestedinmarks.ECs,leadershipandpersonalqualitiesarecompletelyirrelevanttotheprocess(unlessyourECisthatyouwereontheInternationalMathsOlympiadteam).AstheparentofonestudentatOxford,andanotherwhoisapplyingtoOxfordandtheIvies(asasafetysinceOxfordissoferociouslyhardtogetinto),IcanassureyouthatOxfordarefarmoreobsessedbyacademicexcellencethantheIvies.

    AmericanswhoapplytoOxfordareexpectedtohaveATLEASTmid700s

    DominiConnorQuantHeadhunter

    israelrtNewMember

    ThusOxford,forexample,basesitsadmissionprimarilyonaninterview.Ipersonallyknowofcaseswherethey'vemadeoffersaskingforonlytwo"E"gradesatGCE"A"levels.

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    #24

    #25

    inall3partsoftheSATs(ie:scoreof1500CR+Mor2250CR+M+W),plus3SATSubjectstestsinthehigh700s,plus4APswithascoreof5each.Thisisjustforstarters.Inaddition,theresultsofthecoursespecificstandardisedentrancetestsrunbyOxfordareextremelyimportant.TheseincludetheLNAT,HATandtheSTEPforlaw,historyandmathematicsrespectively.InthecaseofUKapplicants,theylookatmarksstartingfromtheyear10GCSEgrade,the"predicted"Alevels(sincethestudentsapplybeforetheyhavetheirfinalAlevelresults).ThepredictedAlevelscoreneedstobeatleastAAAforthecandidatetoevenbeconsidered.AAAAAiscommonandAAAAAAAisnotunknown

    IFyouscoreextremelywellontheacademicsections,youarecalledtoaninterviewthatistechnical/brainteaserbased.Ifyoudowellattheinterview,youareplacedonashortlistofcandidateswhoarecomptetingforthelimitedplacesineachsubject.Ifyouareoneofthebest,oncemarksandtheinterviewareconsidered,youareofferedaconditionalacceptancewhichisusuallybasedonyouachievingaAAAontheAlevels.Ifyoufailtomeettheconditionalscore,youdontgetin.

    Iftheadmissionstutors(ie:theactualprofessorswhoteachyouthesubjectwhenyouarrivethere)thinkthatyouareamazinglybrilliant,theymay(veryrarely)offeryouaEEasaconditionofacceptance.Thisismerelymeanttosignalthattheyreally,reallywantyouandthinkthatyouarenearlygeniuslevel.ThekidswhoareofferedEE,normallygetAAAAsincetheyareusuallythemostacademicallyproficientoftheentireapplicantcohort.

    Realistically,unlessyouareatleastatthe98thpercentilelevel,applyingtoOxfordisawasteoftime.Infact,theiradmissionwebsiteisquiteopenaboutthis,sayingthattheyarelookingforapplicationsfrompeopleinthetop2%orbetteroftheircohort.

    israelrt,3/4/08

    "FordhamusesDescartesandJamesJoyce."

    IfailtospottheconnectionbetweenFordhamandthesetwofinegents.AFAIK,DescarteswasafrenchmanandJoyce,althoughborninIreland,livedalloverEurope(includingFrance).

    Poirot,3/5/08PoirotNewMember

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    #26

    #27

    WhichprogramshouldIchoose?

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

    Cananyonegivesomecommentsandperspectivesontheseprograms?Especiallyregardingjobopportunitiesforinternationalstudentsintheseprograms,andalsootherimportantaspects.Thankyouverymuch!

    Feng,3/5/08

    Ofthefour,CMUhasbeenupfrontwithitsinternshipandplacementdatawhiletheother3providesnothing.WordsIheardisthatMFE@Columbiaisreallybadwithitsplacementthisyear.Only15ofthe67orsograduateshasfoundjobsduetoitslargeclasssize,terriblemarketcondition,foulweather,badfengshui,etc...UMichisabigschoolbutnotexactlyatthecenterofafinancialcenter.UChicago,Ihavenodatapointtosayanythingeitherway.

    IfIwereyou,IwouldcallupUChicago,askabouttheircurrentplacementsceneandthenmakeachoicebetweenCMUandUChicago.Oneisexpensivewithgoodplacementandlocation.Theotherislessexpensiveandpotentiallygoodplacementandsecondbestlocation.

    Talktotheheadhuntersaroundhere(Dominic,ToddFahey,Eric,etc).TheyknowthemarketbetterthanIdo.

    C++OnlineCertificate*QuantNetGuide*TrackMFEapplicationstatus

    AndyNguyen,3/5/08

    YouarenotaloneinnotseeinghowFordhamcanclaimcreditforthesepeople.AsIsay,itslikethewayRolexwouldlikeyoutobelievethata$10Kwatchwillmakeyouagreatsportsman.Fordhamgoesfurther,andtoquotetheirwebsite:AtFordham,youwillexperiencethesameJesuitapproachtoeducationthathaschallengedsome

    oftheworld'sgreatestthinkersformorethan400years.JesuiteducatednotableshaveincludedDescartes,

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

    DescartesandMoliereareFrenchwithnoconnectiontoFordhamwhichdidnotexistatthetime.AlfredHitchcock'sconnectiontoFordhamisthatforawhileheworkedonthesamecontinent,anditispossiblethatheflew

    FengNewMember

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    #28

    overitonce.AsithappensI'msittingnearwherehewaseducated,inEngland,thousandsofmilesfromFordham.StingisaBuddhist,educatedinEngland,notsurewhatthathastodowithapromotingaUSJesuitcollege.DeeDeeMyershasamuchcloserconnectiontoFordhamthananyoftheothers,sinceshewasactuallyeducatedinAmerica,albeitinacollegeasfarawayaspossiblefromFordhamasonecanbeinthelower48states.

    JamesJoycewasIrish,againwithnoconnection.HedidhowevergetsomeJesuiteducation(alittlemorethanme),howeverhewaskickedoutasachildbecausehisparentscouldnotaffordthefees.FeesareofcourseasorepointwithFordhamsincethey'veagreedtoreimbursestudentsafterrunningastudentloanscam,aftercriminalinvestigation.

    Idon'tknowwhat'sgoingonatFordham,anduntilsomeonecomplainedtome,Ididn'treallycare,butitdoesnotlookgood.

    DominiConnor,3/5/08

    Thankyouverymuchforyouradvice,Andy.IwillcallUChicago

    IknowthatMSCF@CMUhasverygoodreputationinthestreet.Yetmanyotherfactorsmakesmefeelthatit'snotperfect.Iknowthere'snoreasontoaskforperfectnessatanytime,butIthinkyoucanunderstandthisbecauseIamgoingtopayalargeamountofmoneyforthat.

    ThefirstreasonformetovacilateistheoverallreputationforthenameofCMU.OutsideUSA,almostnoonehavehearedofit.(SinceIamacomputermajorstudent,IknowCMUwellthough)IthinkthiswillhavesomelongtermeffectifsomedayIamgettingbacktoChina.

    IappliedtoPittsburgcampusofCMU,soregardingthelocationIthinkUChicagoisbetter.

    ThoughthedirectorofMSCF@CMUtoldmethatplacementoflastclasswas"muchbetterthantheyhadexpected",Ialsoheardthatonly1studentinthisyear'sNYclasshasgotjobofferinNY,manyAsianstudentshavetogetbacktoHongKong(Icannotbesureabouttheaccuracyofthisinformation).AlsoacurrentstudentatCMU'sprogramtoldmethatit'snotagoodtimetogotoUSforaMFEprogram.SoIamkindofworriedaboutthejobmarket.

    ItseemsthattherehavealwaysbeenalotofdisputesoverColumbia'sMFE

    FengNewMember

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    #29

    program.DoyouknowthatthebadplacementrecordofColumbiaisonlyforthisyear,orithasneverperformedverywellinthepast?AtleastplacementrecordofCMUthisyearisalsomuchworsethanthoseinpastyears,thoughIhavenosolidstatisticsyet.

    Feng,3/5/08

    israelrtsaid:

    Idon'tdisputetherestofyourpostsohavesnippeditout.WhatI'veunderlinedaboveistheonlypointI''mtryingtomake:I'mnotawareofanysuchproceduresamongtheUSIvies.I'mawareoftwopeoplewhogotintoOxfordonthebasisofhavingtogetonlyEE.Inbothcases,ifmemoryserves,theygotAAAA.ThequestioniswhyweretheygivenEEoffersinsteadofAAAA.Iarguebecausetheadmissiontutorswerecognisantthatmathematicallytalentedyoungstersmightnotperformthatwellinstandardtests(suchas"A"level).Andhencethatresultsofsuchtestsmightnotbeareliable"filter."

    Inpassing,Ialsohadafriendwho*only*achievedAAA,didn'tdotoowellatinterview,butsincehehadalreadydoneayearatBirkbeck(LondonU),wasadmitted.Butthisisgoingbacktwentyyears.AndOxford'sadmissionprocedureshavepossiblybecomemorestandardisedsincethen.YetIwonder.TherearerecordnumbersofBritishyoungstersachievingthehighestlettergradeat"A"levels,andthere'sagrowingrecognitionthattheexamnolongerservesitpurposeofdistinguishingthewheatfromthechaff.

    Withregardtoforeignapplicants,theydoubtlessusemorestringentandexplicitcriteria.AsIseemtorecall,CambridgetherealjewelinthecrownofscientificeducationintheUKdoesmakeoffersbasedon"A"levelperformanceusuallyAAAA,Ithink(andsomeoftheirentrantsachieveAAAAA).

    Postscript:You'remakingadmissiontoOxfordouttobemoreintimidatingthanitreallyis,thoughthefiguresyoucitecannotbearguedwith.Ifyouhaverealmathematicaltalent,eitherOxfordorCambridgewilladmityouasamathundergrad,asthat'sallthey'rereallylookingfor.UnliketheUS

    bigbadwolfWellKnownMember

    Iftheadmissionstutors(ie:theactualprofessorswhoteachyouthesubjectwhenyouarrivethere)thinkthatyouareamazinglybrilliant,theymay(veryrarely)offeryouaEEasaconditionofacceptance.Thisismerelymeanttosignalthattheyreally,reallywantyouandthinkthatyouarenearlygeniuslevel.ThekidswhoareofferedEE,normallygetAAAAsincetheyareusuallythemostacademicallyproficientoftheentireapplicantcohort.

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    #30

    #31

    #32

    #33

    Ivies,whoseemtohavemovinggoalposts,andseldommakeexplicitwhatmixofqualitiesthey'relookingfor(andinwhichacademicpotentialseemstobeonlyoneingredient).

    bigbadwolf,3/5/08

    (OFFTOPIC)Pardonmyignorance,butwhatisthisA,AA,AAA,AAAAAbusiness?MyexperienceisverylimitedsinceIcamefromCuba.IonlyknowtheCubanandtheAmericansystem...andBTW,thecubansystemisextremelysimplebutveryefficient.Yougetintocollege/universitybaseonatest.Ifyoudon'tdowellonit,toughluck.Harshbutitworkssomehow....andafteryouarein,itissurvivalofthefittestbecausetheprofessorsmakeyourlifealivinghellforthefirstcoupleofyearsto"filter"peopleout...Ah,ifyoufailed,youareout,plainandsimple...atanylevel.

    alain,3/5/08

    ContrasttheOxfordthingwiththeIndiansystem(likeCuba).Forentrancetoanyschool..beitforengineeringormedicine..thereareexamswhichareheldonceayear.ForIndianInstitutesofTechnologyortheIndianInstitutesofManagement,approx2.5lacstudentsappearfor2000oddseats.Ifyoumakethatexam,youareinelseyoucan'tdoanythingevenifyouarethesonofthePresident.So,you'llseealotofstudentstoppingtheirClass12thexambutcomingacropperintheentranceexaminations.Ofcoursetherearebothprosandconstoit...thereisnotaniotaofnepotismbutthenagainonlyoneexamdecidesyourfurtureandifyouhaveonebadday,youcannotmakeit.Formedicinestudentsit'seventougherwherefor25oddseatsinAIIMS(AllIndiaInst.ofMedicalSciences)over2lacstudentsappear.

    Sachin

    Sachin,3/5/08

    IfyoucouldalsopostyourfindingabouttheUChicagoplacementrateandyourdiscussionswithotheruniversities,Iwouldappreciateit.Thanksinadvance!

    bobbychopra,3/5/08

    alainOlderandWiser

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    #34

    #35

    #36

    alainsaid:

    "A"meansoneAgrade(e.g.mathematics)atGCSEadvancedlevel"AA"meanstwoAgrades(e.g.mathandphysics)"AAAAA"meansfiveAgrades(e.g.math,furthermath,physics,chemistry,biology).SinceEnglishdegreestypicallyconcentrateononesubject(e.g.math,physics,orbiology),Idon'tseethelogicoftakingsomanysubjects.

    bigbadwolf,3/5/08

    Well,Iamverygladtosharetheinformation.

    FromwhomItalkedtoatUChicago(someoneintheadmissionoffice),theirlastyear'splacementratewasnear100%.Andaccordingtoherwords,thisyear'splacementseemsevenbetterthanlastyear.MostjoboffersarewithinUS(thisiswhatIconcernbecauseIamaninternationalstudent).Theyhavealsogot2professorsnowinchargeoftheirstudent'scareerservice.Theywillinviteemployerstotheschool.Theydonothavegraduatesfirstyearsalarystatistics.

    That'snearlyallIgotfromthephonecall.

    Feng,3/5/08

    IhaveahighregardforChicago'sproactiveworkinhelpingtheirstudentsfindjobs.Can'thelpwithplacementstatistics,sinceofcoursethisisnotsomethingheadhunterssee.

    OnthesubjectofreturningtoChina,myfeelingisthatCMU&Chicagohavethebeterinternationalvisibility,thoughIcannotbe100%aboutChina.

    Butwhatwillbemoreimportantisthebrandofyouremployers,especiallyifyouareuncertainaboutwhenyouwillreturn.Unlessafirmisbiginternationally,youwillfindthatit'sbranddropshardonceyougoforjobsoutsidetheUSA.

    AbhishekNajbile,3/5/08

    bigbadwolfWellKnownMember

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

    FengNewMember

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    #37

    #38

    ButstillCMU'scareerserviceisstronger?

    DominiConnorsaid:

    Feng,3/6/08

    Internationalqualificationsareanissueatmasterslevel.Thevastmajorityofpeopledotheirfirstdegreeintheirhomecountry,andit'squiteclearfromwhereIsitthatthereisawidevarietyofoptimalityoftheselectionprocesses.

    ButthereisnorealstandardforwhataMFEprogramwillaccept,andthequalityoffirstdegreesvariesglobally,asdoesthelevelofcorruptionintheprocess.IndiahasdoneafirstratejobinmakingitsIITdegreesaninternationallyvaluedstandard.ChinesestudentsarefacedwiththeproblemthatsomanyofthepeopleinterviewingthemhavepreviouslymetROCgraduateswhoclearlyhadtheirdegreeboughtforthembytheirparents,orsomeotheruncleanmeans.WenotethatanincreasingnumberHKstudentsoftengotosomepainstopointoutthatnoneoftheirqualificationscomefromthePRC.

    FordhammaybetheworstcaseintheWestofmoneygoingtotheheadsofpeoplerunningfinanceprogrammes,butitisnoalone.Wegetfeedbackofcourseswhere50%dropoutaftertheyhavepaidtheirmoney.It'shardtoconfirmthisexactly,sincenoMFEprogrammepublishesitsdropoutrate,andthepeoplewhoenduptalkingtoP&Darethosewhogotouttheotherside,sooursampleishopelesslybiased.

    DominiConnor,3/6/08

    Sorrytobringthisup,butIthinkyouareunawareabouttheUChicagoprogrambeingextendedtoSingapore.Informationisstilltricklingin.Iam

    FengNewMember

    IhaveahighregardforChicago'sproactiveworkinhelpingtheirstudentsfindjobs.Can'thelpwithplacementstatistics,sinceofcoursethisisnotsomethingheadhunterssee.

    OnthesubjectofreturningtoChina,myfeelingisthatCMU&Chicagohavethebeterinternationalvisibility,thoughIcannotbe100%aboutChina.

    Butwhatwillbemoreimportantisthebrandofyouremployers,especiallyifyouareuncertainaboutwhenyouwillreturn.Unlessafirmisbiginternationally,youwillfindthatit'sbranddropshardonceyougoforjobsoutsidetheUSA.

    DominiConnorQuantHeadhunter

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    #39

    #40

    tryingtogatherasmuchinformationasIcan.

    SingaporeProgramhttp://finmath.uchicago.edu/new/msfm/news/press_02508.php

    Theuniversityconductedasurveyacoupleofweeksago

    MyimpressionisthattheuniversitywillsoonhavesomesortofcareercenterforfocusingonopportunitiesinSouthEastAsiaandinSouthAsia.Italsowantstoattractcandidatestothenewprogramlocation.

    Maybeinayearorso,theSingaporeprogramwouldawholelotofopportunitiestoofferinthatregion.

    bobbychopra,3/6/08

    SadlyIhaveyettotalkwithanalumnusoftheIITStuartprogramme.Butthedescriptionlooksgood.IthinkitisuniqueamongstfinanceprogrammesinthatitmayrequireyoutodoabasicC++coursebeforeyoustart.ManyprogrammeslikeFordhamclaimtheycanturnoutskilledMFEswherenoC++happensatallTheysaytheyuseAnsiC++,whichisgood,butelsewhereIhaveheardtheyuseuseC++/CLIwhichI'mlesshappyabout,simplybecauseitisnotC++,andwillcausetheirstudentstofailtoanswermanyinterviewquestions.AlsoC++/CLIisalmostunknowninprofessionalfinance,somuchsothatinterviewerswillaskC++questionsandbedisappointedbytheblanklooks.

    TheyalsorequirestudentstodoVB.NEtwhichismorethanalittlebitodd,andmoreMScentricthanishealthy.ButmygripewiththatismostlythataquantneedsmoremathsthanheneedsVB.NET.It'sextremelyhardtotellsimplyfromthecourseoutlinewhetherthemathscontentisadvancedorrelevant."ComputationalFinanceIII"Isuspectismoreadvancedthan"ComputationalFinanceII",butthat'sasfarasitgoes.

    DominiConnor,3/6/08

    bobbychopraNewMember

    IfyouwouldconsiderSingaporeasyourstudylocation,wewouldliketoknowthedecidingfactors....(chooseallthatapply)a)ChoosingSingaporeallowsmetocontinueworkingandstudyparttimeb)ChoosingSingaporewillallowmetostudywithlessfinancialburdenc)Singaporeisclosertomyhomeandfamilyd)ChoosingSingaporewillprovidemewiththeopportunitytoexploreadifferentcultureandnewfinancialnetworkse)Other(pleaseexplain)

    DominiConnorQuantHeadhunter

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