I’m surprised that CU MSFE has better placement statistics than
CMU MSCF. I attended
CMU MSCF and had many friends from CU MSFE. The numbers given by quantnet contradict what I heard and observed.
1. The employment rate after graduation is unfair for programs with an earlier graduation date. CU MSFE calculated the statistics as of February 2019, one month later than
CMU's graduation date.
2. According to MSFE's website, only 63% of MSFE students reported their compensation. Assuming students normally report compensation along with job search status, I'm curious about how you get the 93% employment rate for CU MSFE (93% is even higher than MSFE's self-reported 90%), is the rate calculated only from students who responded? If so, this is unfair for
CMU MSCF, because we have a much higher response rate for compensation (91%), which indicates that our statistics are much more reliable.
3. Different programs have different standards to report their placement statistics. While MSCF strictly follows the rigorous mbacsea standard, most programs fail to do so. Quantnet should really take the quality of placement statistics into account next year.
4. Why not including internship statistics? This is another important part of placement record.