Advice for the preparation of Worldquant MFE

[Vasili]

Hello to all
I am interested to join the Worldquant MFE. May I ask for a few advices?
I have an Msc in Financial Management from a former UK Polytechnic and currently unemployed in my sector. I discovered Worldquant university by chance.
What courses do you suggest me in order to prepare for the quantitative entrance test? I have already bought courses in Calculus, Linear Algebra and Python from Udemy.
I will also use Khan Academy and Mit open courseware. I am looking for free courses.
I intend to work in a greek risk management firm or a maritime company. Also this degree could be used to land a data scientist/analyst job. I have nothing to loose and I have decided to try my luck.
This is the official guidance for the test

“The Mathematics section comprises 20 questions, covering differential calculus, integral calculus, matrices and linear algebra, set theory, differential equations, complex numbers, sequences and series, logic and proofs, multivariate calculus, convergence of sequences and functions, and partial differential equations.
The Statistics section comprises 20 questions, covering exploratory data analysis, elementary probability, univariate random variables, bi-variate random variables, generating functions, statistical estimation theory, hypothesis testing and confidence intervals, and simple linear regression.”

Thanks for your precious time

 

[Vasili]

well.. none???

 

[aryan_heisenberg]

I gave the test on 27th September, 22. There were 60 questions (20 Maths, 20 Probability and stats, 20 programming MCQs). I would say the difficulty level of test was easy (maybe because I have been coding in Python since last 2 years and the maths section was easy for me because of IIT-JEE preparation during high school).
"Also this degree could be used to land a data scientist/analyst job" - I am not sure what to respond but my primary motivation is to explore this field and it looks decent to me. It totally depends on your needs but I don't think this degree will help you in getting calls from recruiters.

 

[Vasili]

I gave the test on 27th September, 22. There were 60 questions (20 Maths, 20 Probability and stats, 20 programming MCQs). I would say the difficulty level of test was easy (maybe because I have been coding in Python since last 2 years and the maths section was easy for me because of IIT-JEE preparation during high school).
"Also this degree could be used to land a data scientist/analyst job" - I am not sure what to respond but my primary motivation is to explore this field and it looks decent to me. It totally depends on your needs but I don't think this degree will help you in getting calls from recruiters.

Thanks for your reply

 

[hmmashmmm]

I gave the test on 27th September, 22. There were 60 questions (20 Maths, 20 Probability and stats, 20 programming MCQs). I would say the difficulty level of test was easy (maybe because I have been coding in Python since last 2 years and the maths section was easy for me because of IIT-JEE preparation during high school).
"Also this degree could be used to land a data scientist/analyst job" - I am not sure what to respond but my primary motivation is to explore this field and it looks decent to me. It totally depends on your needs but I don't think this degree will help you in getting calls from recruiters.

what college you in?

 

[mauriziotiso]

The MSFE program at WQU has unfortunately turned into what feels like a scam. The administration recently changed the grading policy due to the widespread use of AI by students. With the current faculty body, it has become impossible to fairly assess and grade the large number of students enrolled in the program.

Now, submissions are penalized by 25% or more if they detect even a hint of AI-generated content. False positives? That’s the student’s problem. Attempts to have an open discussion with the faculty or the dean are dismissed or blocked, seemingly to minimize their workload.

As a result, more students are being rejected, while only those who strictly comply with the constantly changing rules are allowed to proceed.

Academic integrity and honesty appear to be severely lacking. My advice: stay away from this program. Consider other online options if you want a more valuable and properly accredited degree.

 

[kqjGGjNqtFoED]

I'm around 1 year (mid-way through) in the program and I must agree with the above comment (I won't outright call it a scam though):

- The sheer volume of the students is a big challenge for the WQU administration.
- The students' usage of AI/LLM is quite the mess as well. As the program requires them to post on a forum for each module, many students would just copy paste something from AI/LLM to be their topics and questions and comments.

Group work is the worst aspect, in my opinion. You might get: unresponsive team member; bad output team member; AI/LLM leverage without thinking team member; very very rarely that you find interesting people, who actually want to learn and contribute (like for 1 year and 6 groups later, I met one person who's serious with the study).

Despite all of that, I still think WQU MFE isn't a bad program: it's free, but the quality isn't bad and what you learn is quite applicable. It helped me a lot in my interview with a local (3rd-world) quant trading position.

Going back to OP's question on math, I think you (or the reader who found this) can go through an example test document, Enrollment Quiz WorldQuant University MScFE Program | PDF | Differential Equations | Function (Mathematics), and take a stab yourself. I think ChatGPT/Claude would be able to help you quite well with the preparation.