Baruch MFE Baruch MFE Employment Statistics for Dec'09 graduates

[dstefan]

Baruch MFE Employment Statistics for Dec'09-May'10 graduates

As of January 26, 2010, 16 of 24 students who graduated from the Baruch MFE Program in December 2009 have found employment in the financial industry.

The employment numbers for the previous graduating cohort are also included below:

First Year Guaranteed Compensation

Graduation Placement Rate Low/High/Average
Dec09 16 of 24 85K/112K/ 99K
Dec08-May09 19 of 21 65K/125K/ 92K

First Year Starting Salary

Graduation Placement Rate Low/High/Average
Dec09 16 of 24 80K/ 97K/ 90K
Dec08-May09 19 of 21 65K/115K/ 84K

First Year Starting Salary for graduates with no relevant work experience

Graduation Placement Rate Low/High/Average
Dec09 12 of 18 80K/ 97K/ 90K
Dec08-May09 16 of 18 65K/115K/ 82K


Clarification: The first year compensation reported here is the compensation guaranteed at the time of employment. It consists of the starting salary plus the signing bonus plus any first year bonus guaranteed in the offer letter, if any.

The annual performance-based bonus is not included here. In other words, the first year total compensation of our graduates is higher than the guaranteed compensation reported.

More detailed stats will be posted at
Masters in Financial Engineering (MFE) - Baruch College

 

[young]

The lower bound for the starting salary has shifted significantly to the plus side. Are there any significant or relevant reason for this? Im curious. Thankyou.

 

[dstefan]

One explanation could be that there are fewer jobs, but those that exist reflect real and immediate needs of companies, requiring solid skills and the ability to produce right away. And these types of jobs generally pay well.

 

[Andy Nguyen]

The latest stat was posted on Baruch MFE's Twitter yesterday.
Twitter exclusive. LOL

 

[dstefan]

That is why it pays to follow our Tweets

The number is now 21 out of 25. QuantNet exclusive

 

[dstefan]

As of March 20, 2010, 21 of 25 students who graduated from the Baruch MFE Program in December 2009 have found employment in the financial industry.

The employment numbers for the previous graduating cohort are also included below:

First Year Guaranteed Compensation

Graduation Placement Rate Low/High/Average
Dec09 21 of 25 75K/120K/100K
Dec08-May09 19 of 21 65K/125K/ 92K


First Year Starting Salary

Graduation Placement Rate Low/High/Average
Dec09 21 of 25 75K/110K/ 91K
Dec08-May09 19 of 21 65K/115K/ 84K

First Year Starting Salary for graduates with no relevant work experience

Graduation Placement Rate Low/High/Average
Dec09 16 of 19 75K/ 97K/ 89K
Dec08-May09 16 of 18 65K/115K/ 82K


Clarification: The first year compensation reported here is the compensation guaranteed at the time of employment. It consists of the starting salary plus the signing bonus plus any first year bonus guaranteed in the offer letter, if any.

The annual performance-based bonus is not included here. In other words, the first year total compensation of our graduates is higher than the guaranteed compensation reported.

More detailed stats will be posted at
Masters in Financial Engineering (MFE) - Baruch College

 

[Marko]

Reason

Our experience is that international students have a success rate similar ro that of US residents, the one major difference being that international students are rarely eligible for positions that have to be filled immediately?????????? Why?

 

[Joy Pathak]

Our experience is that international students have a success rate similar ro that of US residents, the one major difference being that international students are rarely eligible for positions that have to be filled immediately?????????? Why?

H1-B takes a while.

 

[subhrain]

But then you have OPT and you can start working immediately! You do not need to wait for your H1

 

[dstefan]

The comment was about opportunities that arise before students graduate and need to be filled immediately.

 

[dstefan]

Employment numbers (within three months of graduation) for the December 2009 - May 2010 cohort of graduates of the Baruch MFE Program

As of April 28, 2010, 27 of 29 students who graduated from the Baruch MFE Program in December 2009 and in May 2010 have found employment in the financial industry, 24 in the New York area.

The employment numbers for the previous graduating cohort are also included below:

First Year Guaranteed Compensation

Graduation Placement Rate Low/High/Average
Dec09-May10 27 of 29 75K/120K/96K
Dec08-May09 19 of 21 65K/125K/92K

First Year Starting Salary

Graduation Placement Rate Low/High/Average
Dec09-May10 27 of 29 75K/110K/ 90K
Dec08-May09 19 of 21 65K/115K/ 84K


First Year Starting Salary for graduates with no relevant work experience

Graduation Placement Rate Low/High/Average
Dec09-May10 21 of 22 75K/ 97K/ 88K
Dec08-May09 16 of 18 65K/115K/ 82K


Clarification: The first year compensation reported here is the compensation guaranteed at the time of employment. It consists of the starting salary plus the signing bonus plus any first year bonus guaranteed in the offer letter, if any.

The annual performance-based bonus is not included here. In other words, the first year total compensation of our graduates is higher than the guaranteed compensation reported.

More detailed stats will be posted at Masters in Financial Engineering (MFE) - Baruch College

 

[finenggr]

Thanks for this info. I believe it would very useful if information on profiles is also povided. Since there are only 27 students, it shouldn't be a huge task to collect the information on their positions (Analyst/Assoc etc) and desks (Fixed Income Trading, Equity Deriv structuring, Fix Inc Quant etc.). I think a few programs do provide that info on their websites.

Cheers !

 

[dstefan]

Positions (selected): Quant Developer, Associate; Market Data Specialist; Quantitative Support Analyst; Financial Software Developer; Financial Engineer; Risk Analytics & Modeling, Associate; Quantitative Analyst; Commodities Trader; Sales and Trading, Associate

The companies employing our graduates are major banks, hedge funds, and financial software or financial data companies.

---------- Post added at 02:12 PM ---------- Previous post was at 02:10 PM ----------

Thanks for this info. I believe it would very useful if information on profiles is also povided. Since there are only 27 students, it shouldn't be a huge task to collect the information on their positions (Analyst/Assoc etc) and desks (Fixed Income Trading, Equity Deriv structuring, Fix Inc Quant etc.). I think a few programs do provide that info on their websites.

Cheers !

It would be interested to learn such information. Which other programs do you know are making such information available other than those at CMU, Princeton, and UCB?

 

[finenggr]

Thanks for the info ! I am aware of only these 3 programs too which provide such info.