Well i think one reason why MIT placement is poor compared to Columbia MFE or CMU MSCF is because their program is not true Quant program. I would not expect any better by any 1 year program in Finance.
i think the person never asked if the GRE only will get you in grad school. His question is more like on importance of Verbal score and in my opinion 90 percent on verbal is not the threshold where questions get raised.
Students who are ready to invest $ 75000 in CMU MSCF would not leave UCB application for $125 (extra cost compared to CMU application). I think it has to do more with location of UCB and more importantly the timing of admission deadlines of UCB.
Considering that you have a little weak math background, want to do MFE and eventually get into trading, you should go for a program hosted by the business school rather than Math or Engineering school.Example: MIT.
Also you need to start making quick moves if you are targeting 2012.
the reason i think this rule was implemented is because lot of tutor sort of people were retaking the tests thereby inflating the actual student average.
Paper GRE: I think only left in African and some south American countries
Personally i know couple people who could not get top school in US and were offered a place at LSE. Tracker just supports the view. It is nothing to do with location. There are many schools outside US which are much harder to get in than MBA at Wharton. Example: IIM Ahemdabad, India . Acceptance...
I want to work on the buy side after MFE. Want to make models and quant trading strategies.
I know IB is dead for this kind of job but if i get into top MFE can i get a modeling place in a Hedge Fund or something along those lines?
I graduated in September 2011 from SUNY Buffalo with
B.S. Honors in Comp Science (G.P.A 4.0/4.0)
B.A. Honors in Mathematics (G.P.A 4.0/4.0)
During undergraduate i also took accounting, economics and finance courses (I was Finance major before switching to Maths). Took few...
so the admission rate is 4%. Any info on the acceptance rate?
Also i think ahe based his/her opinion after looking at the trackers at quantnet. I also have feeling that LSE is a very safe bet for a good candidate.
Just like in financial markets, intelligent investors buy premium products at value prices. Just purchased Macbook Pro (2.0 ghz quad core, 500 GB 7200 RPM, 4GB Ram) with 2 year remaining Apple Care for $1100 from craigslist.
Most of the schools have few fundamental Math courses that you need to have taken in order to be even considered. These include:
3. Differential Equations
4. Linear Agebra
5. Calculus series
These are the basics, any added courses like PDE, Stochastic...
i would recommend not going. I think you will be wasting just too much money and taking too much risk for the little salary increase you might get. And it would be even worse if you end up getting a coding job after doing all this.
Engineers do lot more than solving theoretical math book problems, atleast at the undergraduate level. I have just completed my Bachelors in Mathematics and Computer Science. For me Math was real easy part compared to coding complex comp science projects. Also courses like Machine Learning in...
I think Education is the major force behind the innovation, which had kept US ahead of the world. But now with the finest educational
institutions going to countries like China we might see a major change where the next Google and Twitter are born.
1. The education standard of the...
I could not get my application my application to CMU for Round 1 and will get it there on Round 2. Lets see how it goes. But yes Round 3 is the hardest. I think Round 2 still is ok. (of course i am biased)
if you want to get into good school apply next year and by that time clear your exam, get solid gre score, get a job in asset management and study a couple advanced courses of math next semster.
If you want to get into tier 2 schools you can apply now. your call
i never knew that it comes up as fail on transcript so i am changing my recommendation from apply to donot apply. Fail is an extreme put off. You are not Math major and are neither from IIT so your profile was already weak and Fail kills it totally
noone can tell u if u stand a chance if u dont tell your profile completely. academic in which stream? which uni?
there are a lot of factors other than gre quant which decide whether you get into the school.
MFEOxford: I dont know about the Oxford MFE program and it may be as good as you are portraying it to be but i can tell you that the rankings of FT are poor.The best school in US according to them is:
14 Brandeis University USA MA International Economics and Finance 67,432 24
i thought of applying to UK schools but because of lack of data i gave up on them. Rutgers MFE is also in the same boat. They dont give acceptance rate and for me personally it is very important indicator of school quality and i think Andy Nguyen thinks the same thereby 10 percent weight to it...
I personally think that the UK programs are not transparent. Even LSE does not give acceptance rate to their Finance program. It does however give admission rate which people mistakenly take as acceptance rate and feel good about.
i would not say dead. What i think will happen is that only the best in both technical and personal skills will be able to get good jobs. Personal skills will become lot more stronger component than it was while hiring
i would advice you to wait for your exact quant score as 750- 800 is a very wide range. Your gpa seems to be bit low too. Look the tracker and the profile of students and you would be able to get an idea of what schools are for you.
well personally i have heard that if u have more than 2 undergrad degrees that can be little put off too as it shows u didnt know wht u wanna do. especially if the degrees were not connected . i will recommend retaking gre and ace it. Also the applications seem to have increased exponentially...
i think you can answer 4 questions wrong to get 94 percentile (makes sense as new questions are harder from what people say).
Also for the new gre not only is harder to get 170 because all the questions should be right. you also have to answer harder questions.
I would recommend not going to Tier 2 schools especially because of market these days. Masters in Stat can also land you the right job if you take right electives. And if you dont have to spend money there, i would advise you to take that option.
Also are you from one of the SUNY schools?
i heard that there was a case where a student from SUNY Buffalo MFE went to UCB after completion. I think UCB can be you best bet because of the guidance provided by their director. Also do CFA to be competitive
Even though you have a great profile but it is not good for MIT MFin as you donot have quantitative background like Cal1, 2,3 , Linear Algebra, Diff Eqn, Stat, Probability, Stochastic Processes .. etc
Its like you are one of the very good chess player but want to join a poker school...
Are the Structured products totally dead. Will mentioning short term career goal in Structured products in MFE application get you rejection because:
1) Maybe they will think that you don't know that the products are dead and hence didnot do proper research before applying.
2) because they are...
ya i have seen the movie. But i think EVERYONE seems to be confused about the wall street. I think Wall Street is a big target because of the concentration of lot of Investment banks at one place. People donot like lawyers and doctors earning huge money (especially the ones who dropped out of...
I hope the government is not influenced by them to take further actions. I think these people need to be explained what people do at wall street.
The only thing they are concerned about is why wall streeters get paid more. They dont understant that these people go to college and lot of them...
if you know other computer language then it is better as you can grasp it more quickly but being a query language it is very different from others and is lot easier too . You would not need to learn another base language bit you should spend some time grasping the structure of the language and...
if you just became member of this forum to criticize the rankings( i am talking about Nubie) and want to waste other peoples time, its better you remain out. my wording is harsh but i do not like to waste my time reading such people. Quantnet is for people who want to help each other to get in...
why not just make it 0-40 then?? I personally think that 1-2 question wrong will still get you 170 because they have to keep the new scores parallel to the old scores and hence in order to maintain the consistency so that the students who gave GRE before are not benefited, the pattern should be...
Forget Tier 1, maybe not even Tier 2. The Maths in Financial Engineering is much^2 higher than the GRE high school math. Even if you get in you will not be able to perform because of the lack of mathematical knowledge and thereby waste an year
Might sound rude but that is the fact. Go for MBA...
Because i could not get you to the other thread, i brought the other thread here:
Both CMU and MIT ask in application for long term and short term career goals? How long in years is long term and how short is short term? Is short term after graduation?
Really value your opinion Andy so looking...
Well i will be going full time in Fall 2012. So short term will be 2-3 years after graduation and long term 7-10 years after the graduation?
Andy your comments are welcome as you have a lot of knowledge in this area
Now that everyone knows that the Letter of Recommendations are an important part of the application process, the next question is what is the "thing" that the schools are looking for while going through the letter of recommendations? What kind of quality, what kind of parameters?
that is called giving to the community which benefit hundreds of students as there are no present resources. That is what i respect about this forum and Andy who is doing work and not whining like Emalu
Atleast he is going a lot for the community. What are you doing? Sitting in your mothers basement and crying like a baby. Go call your mother if your university was not ranked.
I am not in any of the ranked universities but i will apply for Fall 2012 and appreciate greatly what Andy has done. I...
I am applying to Grad schools for Fall 2012. Started working on my academic resume yesterday. If you dont mind i would like to send it to you when i get done so that you can read it and help me improve. If you have time and are willing to help.
I learned in my Macroeconomic 101 that outsourcing is a result of competitive advantage which is result of globalization and intense competition. hence it is good. The best and the cheapest should get the work done
i have 2 months but i felt some of the words on Barrons 3500 could never be on the test now. i would rather spend my time on words i will be tested on. what would be the best vocab source for new gre? i am targeting around 1500 words?
How many words you think should be optimum for English Verbal of GRE. I started learning 3500 from Barrons but find many words useless? Do you think the new book Barrons 800 in book
should be fine? What other sources would...
I am taking the GRE in late October and the Reporting schedule on
says that the results will be mailed approximately on December 1. Now i will submit everything in application of Columbia by November 1 but because the result will reach...
Its not only for this reason. They have been wanting to go out since long, last year they had talks with government about taxes and all. This i think will add up to the frustration to get out of London.
Maybe you have had the misfortune of meeting the worst of the students. I am currently studying in one of the very good public schools in US. I am Comp Science major and i know fellow Americans who are senior(comp science major) and dont know how to compile the C code.
I myself am very...
Hi Andy Nguyen,
Thanks for the reply
What is more important recommendation from professors who know you personally and can write personalized letters but are not that highly ranked or professors who are highly ranked but dont know you that well so will write generic letter. Also where should...
I have a solid background in C++ as i have done lot of Operating System projects and other projects outside academic curriculum. I am worried about not having taken Num Analysis 1 and 2. How do you think can i boost my profile? Should i extend my graduation to take Num Analysis or...
Can you please evaluate my profile. More than asking whether i can get in or not in top programs, i am asking what more should i do so as to boost my chances of getting into one of the top 10 schools for Masters in CF.
Undergraduate School: State University of New York at Buffalo...
Please Please Please Evaluate my profile
I want to apply to the best of MFE programs for Fall 2012. If you can advice me what all should i do in next 1 year before the summer to boost my chances of getting in the MFE programs. I really really need your feedback
Honors BS in...
I am an honors student at SUNY Bufallo. I will graduate in May 2011. I am currently a double degree student. I will get a Honors BS degree in Comp Science with NSF Certification in Data Intensive Computing and a Honors BA in Math. I am thinking of applying to class of Fall 2012 for best MFE...