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thanks Thank you all! This information has been invaluable. I will probably still go for an MFE program, but will just have to take a longer time preparing for it.

I am finishing out my undergraduate senior year with a degree in finance and I happened to take a derivatives course for an elective. The professor has been urging all of us to consider financial engineering, and I find it all very fascinating. I've been looking at schools to apply for, and I...