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COMPARE BU Mathematical Finance vs. Claremont Financial Engineering program

D C

Grad Student
Joined
3/29/10
Messages
187
Points
28
I have a choice between attending either Claremont's Financial Engineering program or Boston University's Mathematical Finance program. Claremont gave me 35% Tuition whereas BU gave me a staunchy 6K.

I like BU's program better than Claremont's because it has a better integration of programming with the curriculum. Also, I like Boston's proximity to NY/CT/NJ, thus post-graduation will make interviews easier. I've also sat in on a class at Claremont and was satisfied with the rigor of the coursework

I am considering Part-Time options with both schools since I'm currently employed with a good company.

In terms of Employers, how do the two schools stack-up against each other on a CV? I've been thinking that though BU offered less money, it would be a school worth going to. But I'm not entirely sure. Going to Claremont would be less money, loans, etc.

What are your thoughts? I'd love to hear them.
 
I've been thinking that though BU offered less money, it would be a school worth going to. But I'm not entirely sure. Going to Claremont would be less money, loans, etc.
Your reasoning is flawed. The amount of money offered is a function of how much the program can do away with its tuition.
Majority of programs never give any tuition discount in the form of scholarship, fellowship, etc.
We have reviews for both programs here
Program Review | Quant Network
 
@Andy : you're right, but I don't think I'm necessarily wrong - we're looking at the same thing from 2 different perspectives...myself on the side of the person paying the loans and you from the school's financing perspective.

And thanks for the links...I read them both.

I'm pretty sure I'm going with BU, I guess I was looking for further justifications of this decision. I'll pay a little more, but I think there are many advantages.

Anyone else have a personal anecdote that relates?
 
@Joy : thanks for that! already finding it useful.

@Andy : my current role is pretty flexible and my employer is open to discussing Boston further, since we have an office there. Though the details haven't been worked out yet (this week). I'm currently in Los Angeles. Also, this makes Claremont accessible as well.

So really location isn't an issue. But you have hit a chord with mentioning time commitment - this is something I've been thinking about. To do the academic program justice I would need to cutback on hours at work. But by how much I'm not sure...
 
Help me with some stats or info

I have been admitted to both U Mich and Boston... I have no clue which school is better..
Placement is the key issue for me an i am taking a big risk coming to US for education..Please help me out with some facts...
 
If placement is key, going to a school without knowing its placement record is very unwise. Do they publish their placement on their program website? If not, it's the first warning sign.
Contact their program and if they are not forthcoming with any info you request, it's another warning sign.

In general, I won't recommend going to any program that is not transparent with this kind of info. The info should be public and available for all to see. You don't have to work hard to find these info. The fact that you are asking people about this info says a lot about the programs.
 
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