I may be wrong, anybody feel free to correct me:

I feel like buy side companies are more keen to hire CS/Stats/ML grads. Amongst the MFE programs with the best buy side placements are Princeton and CMU, which proposes many courses in programming, statistics and ML (the P-quant stuffs, you may want to listen to this

Podcast: Princeton’s Carmona on the future of quant education - Risk.net ).

From a Quant Research Job post from DRW : "A degree in a technical discipline with a focus on statistics, machine learning, signal processing, optimization". Though, DRW is more of a quant shop than a traditional hedge fund hiring quants to build tools, but it does not mention financial maths.

From what I've heard at my company too, people do use a lot of statistics, numerical & computational maths, but not much stochal/PDEs.