2009 Quantnet Ranking of Financial Engineering (MFE), Quantitative Finance Programs
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These rankings crack me up
A most cursory inspection of your "methodology" reveals that the underlying data can be readily gamed by a dozen or so members of a second-rate public institution.
Please do not take these seriously.
BTW, I notice the deafeningly silent response to GoIllini's earlier observation:
"Why doesn't quantnet just make the scoring algorithm open-source? That would make it easier for everyone to independently review and verify the rankings."
The need for a "proprietary" algorithm is more than a bit suspicious.
A most cursory inspection of your "methodology" reveals that the underlying data can be readily gamed by a dozen or so members of a second-rate public institution.
Please do not take these seriously.
BTW, I notice the deafeningly silent response to GoIllini's earlier observation:
"Why doesn't quantnet just make the scoring algorithm open-source? That would make it easier for everyone to independently review and verify the rankings."
The need for a "proprietary" algorithm is more than a bit suspicious.
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I'm very curious to learn about how you would game a system which relies heavily on correlation. This was one of the first thing came across our minds when working on the methodology. Until this day, I'm pretty sure you can't but you are welcome to give it a try.
Why the need for a "proprietary" algorithm? Because we had other business plans for our algorithm and the MFE ranking is just an example of its use. We can rank anything that has enough data points.
Privately, people from other programs have tested our methodology after the ranking came out and they came up with the same ranking so we are certain people who understand our methodology can recreate it. We reveal as much info on the methodology as possible without jeopardize our business plans.
But it's irrelevant now to talk about Xmarks since the company just announced that it will consider closing down at the end of the year.
Xmarks Blog
One thing you can be sure is that our next ranking won't rely solely on Xmarks data (or at all). What and how, you will just have to wait. In the mean time, we will keep the data on the ranking fresh.
Why the need for a "proprietary" algorithm? Because we had other business plans for our algorithm and the MFE ranking is just an example of its use. We can rank anything that has enough data points.
Privately, people from other programs have tested our methodology after the ranking came out and they came up with the same ranking so we are certain people who understand our methodology can recreate it. We reveal as much info on the methodology as possible without jeopardize our business plans.
But it's irrelevant now to talk about Xmarks since the company just announced that it will consider closing down at the end of the year.
Xmarks Blog
One thing you can be sure is that our next ranking won't rely solely on Xmarks data (or at all). What and how, you will just have to wait. In the mean time, we will keep the data on the ranking fresh.
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Seeing is believing.
Like I said before, you have our methodology to play with and I'm looking forward to seeing your method on how to game the data and the system. Would you single-handedly be able to game it all or you need a team of people to pull this off?
Nothing is more interesting to us than to read a well explained research from you. We ALWAYS welcome flaw findings, comments.
Like I said before, you have our methodology to play with and I'm looking forward to seeing your method on how to game the data and the system. Would you single-handedly be able to game it all or you need a team of people to pull this off?
Nothing is more interesting to us than to read a well explained research from you. We ALWAYS welcome flaw findings, comments.
cestlecutee
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Is QuantNet working on a new version of MFE program Ranking? I'm looking forward to see a 2011 version.
Also, I wonder why this 2009 version only included 23 programs. Are these 23 programs meant to be the top 23?
Also, I wonder why this 2009 version only included 23 programs. Are these 23 programs meant to be the top 23?
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Yes, there will be 2011 version of the MFE ranking.
Look for the methodology on why those programs are there and how we came up with the ranking.
Look for the methodology on why those programs are there and how we came up with the ranking.
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To receive advanced notice of the 2011 MFE ranking before we make it available to the public, please subscribe to our newsletter. We usually give our newsletter members first look at all upcoming important events
Subscribe here http://eepurl.com/hekE
Subscribe here http://eepurl.com/hekE
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The 2011 Quantnet MFE Ranking process is well underway. This year, we request relevant admission/placement data from MFE programs and many of them have submitted their data.
As always, subscribe to our newsletter and be the first to know about the new ranking
Subscribe here http://eepurl.com/hekE
As always, subscribe to our newsletter and be the first to know about the new ranking
Subscribe here http://eepurl.com/hekE
cestlecutee
MFE Student
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Just connect you at linkedin. haha
cestlecutee
MFE Student
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WOW!~
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Good catch
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That status was set over a week ago. I wonder who will be the first to spot the new 2011 ranking
Andy, is it going to be posted here on the 19th or do I need to subscribe to see it?That status was set over a week ago. I wonder who will be the first to spot the new 2011 ranking
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@Andy Nguyen
Did you find all the the data you needed from the schools?
Did you find all the the data you needed from the schools?
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Yes. The level of participation from programs in our 2011 ranking is very high.
Can everyone do me a favor? Please take a look at the 2009 ranking, and let me know if any of the tuition is no longer correct. I updated a few programs recently but haven't got to all of them yet.
The more accurate data we have there, the better.
Can everyone do me a favor? Please take a look at the 2009 ranking, and let me know if any of the tuition is no longer correct. I updated a few programs recently but haven't got to all of them yet.
The more accurate data we have there, the better.
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