COMPARE Rutgers University MSMF vs Boston University MSMFT
- Thread starter Minak
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🇺🇸
2025
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Boston University
Boston, MA 02215
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21
2025
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Boston University
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44
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2.5
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40
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90.83K
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88
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69.19
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~ Rutgers University
Piscataway, NJ 08854
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2023
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~ Rutgers University
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3
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25
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75
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29.35
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65.07K
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- Joined
- 3/21/10
- Messages
- 1
- Points
- 11
I recommend that you get in touch with the BU Admissions office to find out more about the program next year. They will be able to discuss with you at length the changes in the program. Since moving from the Arts & Sciences department to the School of Management (Business School) last year, significant changes have been made, and will continue to be made. Mr. Patel's comments are not accurate as he has not been with the program since December 08, when the shift to the Business School was made.
In regards to placement rates at Boston University, the past focus has been on internship placements. Last year 93% of students completed a summer internship. The other 7% had several interviews but ultimately it comes down to the individual to convince an employer to hire him or her. The largest change in the program involves a third semester in the fall, so that students can complete an internship, then have the fall to try to leverage that experience into a full time position.
As a disclaimer, I am currently in the program and would be happy to answer any questions about it. I can be reached at tmid@bu.edu.
-Trevor Middleton
In regards to placement rates at Boston University, the past focus has been on internship placements. Last year 93% of students completed a summer internship. The other 7% had several interviews but ultimately it comes down to the individual to convince an employer to hire him or her. The largest change in the program involves a third semester in the fall, so that students can complete an internship, then have the fall to try to leverage that experience into a full time position.
As a disclaimer, I am currently in the program and would be happy to answer any questions about it. I can be reached at tmid@bu.edu.
-Trevor Middleton
Sanket Patel
i do stuff
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That's a fair point - the transition to the School of Management was in process when I withdrew. For the sake of the current and future student, I hope the changes have been for the better.
Forget internships, what were placement for last year's graduates? Or the year before, for that matter? I find it rather curious that the University doesn't disclose these statistics and other statistics.
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I said it before and I'll say it again. It's a buyer market and people need to wake up to that new reality.
There is absolutely a waste of time to ask for placement statistics here or anywhere if the schools decide not to make it public.
I'll go a step further and propose a boycott of programs that do not want to make its info transparent to prospective students. Just think of what you could do if nobody applies to those programs.
And if you are going there, then enter it at your own risk and stop asking about the stats.
There is absolutely a waste of time to ask for placement statistics here or anywhere if the schools decide not to make it public.
I'll go a step further and propose a boycott of programs that do not want to make its info transparent to prospective students. Just think of what you could do if nobody applies to those programs.
And if you are going there, then enter it at your own risk and stop asking about the stats.
Joy Pathak
Swaptionz
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The main reason many universities don't put their Stats up is because they are just bad. I think it is a fair assumption that if stats are not publicly available then to assume they are not good and as Andy said enter at your own risk.
The real scary part is the ones that put up the Stats but do not explicitly underline the fine writing. E.G Rutgers Stats. Unless a university can put up the number of students in the class, and the number of students placed, and even maybe how many were international, etc it is hard to take any stats seriously. A random % rating is not alway sufficient. It could be that all students sent back surveys, it could be 3 students sent back surveys, there is no way of knowing.
When I called universities to ask about their placement stats I usually got pretty straight forwards answer. These ranged from "Sorry we donot keep stats" , to "They were ...% and %". Some also said the number of students placed and numbers not. CGU for example said that these many got jobs, but mostly in non-financial companies and government jobs and gave percentage of the class and # of students. Some say we have alot of international students so it's low.. Arizona said "many got finance related jobs in Phoenix area with more financial analyst and real estate, etc type of jobs and no wall-street positions"...etc etc etc
I think many universities do realize it is a buyers market and try their best to answer whatever you need and get you to come to their university. I think sometimes the best idea is to call to re-affirm the fact that the stats were bad indeed or ask what kind of placement services are provided ; what companies come to recruit, etc etc etc.
The real scary part is the ones that put up the Stats but do not explicitly underline the fine writing. E.G Rutgers Stats. Unless a university can put up the number of students in the class, and the number of students placed, and even maybe how many were international, etc it is hard to take any stats seriously. A random % rating is not alway sufficient. It could be that all students sent back surveys, it could be 3 students sent back surveys, there is no way of knowing.
When I called universities to ask about their placement stats I usually got pretty straight forwards answer. These ranged from "Sorry we donot keep stats" , to "They were ...% and %". Some also said the number of students placed and numbers not. CGU for example said that these many got jobs, but mostly in non-financial companies and government jobs and gave percentage of the class and # of students. Some say we have alot of international students so it's low.. Arizona said "many got finance related jobs in Phoenix area with more financial analyst and real estate, etc type of jobs and no wall-street positions"...etc etc etc
I think many universities do realize it is a buyers market and try their best to answer whatever you need and get you to come to their university. I think sometimes the best idea is to call to re-affirm the fact that the stats were bad indeed or ask what kind of placement services are provided ; what companies come to recruit, etc etc etc.
Ok Let me state some facts here about Rutgers.
I know only my batch mates which are from India so i can comment on their placement.
Dec 07/
1- Got job in Bloomberg and now working in some other financial company
Total 1
Dec08/ May 09 Graduates
1 - Working in hedge fund in Manhattan
2 - working in a financial companies in NYC/NJ Area
2 - Left for India ( 1 for personal reason and 1 could not find a job probably )
1 - Working in Software
Total 6
All of US did have opportunities to interview with Big Banks even when market was crashing left and right. I would say it all depends on you in the end how you do in your interview
Companies i know who interviewed:- Bloomberg, DB, Goldman, Barklays, Morgan Stanley to name a few. Not everyone knows but all these companies come to campus and Rutgers indeed have a lot of alumni working there and Rutgers have a strong name in the market.
I am sure people with US citizenships must have easily found jobs.
I am not sure about the current job scene at Rutgers.
I will not say it is a top notch program but it does provide opportunities and it all depends on you what you make of them..
If you have any more doubts post them here..
I know only my batch mates which are from India so i can comment on their placement.
Dec 07/
1- Got job in Bloomberg and now working in some other financial company
Total 1
Dec08/ May 09 Graduates
1 - Working in hedge fund in Manhattan
2 - working in a financial companies in NYC/NJ Area
2 - Left for India ( 1 for personal reason and 1 could not find a job probably )
1 - Working in Software
Total 6
All of US did have opportunities to interview with Big Banks even when market was crashing left and right. I would say it all depends on you in the end how you do in your interview
Companies i know who interviewed:- Bloomberg, DB, Goldman, Barklays, Morgan Stanley to name a few. Not everyone knows but all these companies come to campus and Rutgers indeed have a lot of alumni working there and Rutgers have a strong name in the market.
I am sure people with US citizenships must have easily found jobs.
I am not sure about the current job scene at Rutgers.
I will not say it is a top notch program but it does provide opportunities and it all depends on you what you make of them..
If you have any more doubts post them here..
I would have to respectively disagree with Sanket Patel's description of the Boston University Mathematical Finance program.
The program is rigorous and seems vastly improved from his description of the former program. Many students come from strong undergraduate schools and feed out into strong work positions.
While there are no job statistics I can say that students this semester have been interviewing with firms such as Goldman Sachs, State Street, Bloomberg, Jane Street, Ernst and Young, Oliver Wyman, and others.
If you have any further questions just pm me.
The program is rigorous and seems vastly improved from his description of the former program. Many students come from strong undergraduate schools and feed out into strong work positions.
While there are no job statistics I can say that students this semester have been interviewing with firms such as Goldman Sachs, State Street, Bloomberg, Jane Street, Ernst and Young, Oliver Wyman, and others.
If you have any further questions just pm me.
Sanket Patel
i do stuff
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As I said in a different thread, I hope the changes have been for the better. My opinions of the BU program are a result of what I experienced there during the Fall 2008 semester. The state of the program, that semester, was pathetic at best and I had no choice but to withdraw. It was the perfect storm - apathetic professors, rampant cheating, quality of teaching, lack of practical relevance of material being taught, quality of students...
That being said, it seems the program has undergone a makeover and hopefully the quality of the program has improved. In the end, though, I find it hard to believe the program can do a complete 180 in such a short time. If you're a current student, I'd love to hear more about this new and improved program.
Quantbuff: Could you please share your profile with me as to what you are currently working at. It will really be helpful. I got accepted by Rutgers and Boston.
Hello, I just received the admission of Rutgers MQF. I am eager to know more information about this school.Can you contact with the person in MQF ? And would you provide his or her MSN to me ? I hope to talk to him and really want to aquire some first-hand infromation.
Thank you very much!
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I'm heading to Rutgers MSMF. How is the program of your concern? Does it worth the money?
diegosanaz
BU MSMF
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The link dosnt work anymore.
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Fixed for you.
diegosanaz
BU MSMF
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thanks lots andy
Sanket Patel
i do stuff
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Keep in mind that my comments and opinions of the BU program reflect what I experienced Aug 2008 - Dec 2008. That's over four years ago and things have likely, at least I hope, changed.
diegosanaz
BU MSMF
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Yes, actually they even changed the program director. I believe with you was Andrew Lyasoff. Right now it´s a brand new director: Ahmad Namini. By the way, how was Baruch??
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I see lot of transparency in BU now. I was also very skeptic about BU before applying.
But once I was offered admit, the school has created a group in Facebook for admitted students. We have the director of the program along with few current students answering to all our questions about course, placements etc.,
But am still an outsider. I am not sure if I will even join BU. But I have gained confidence in the program now...
The present Director is an alumni of BU MSMF
So he knows what needs to be done more than anyone else.
I have a question about Rutgers,
- It has good brand name. It is rigorous. Location advantage.
- But it is in Maths dept i guess. I was advised by a former MFE stud(now working in MBS dept of a big bank) to choose B-School rather than course from Math dept. According to him, math dept courses will focus more on theory. And B-Schools scores well in selling you in market compared to math dept.
Can someone throw some light on the above opinion? Well the person didn't compare Rutgers and BU, but his opinion about general math dept courses.
But once I was offered admit, the school has created a group in Facebook for admitted students. We have the director of the program along with few current students answering to all our questions about course, placements etc.,
But am still an outsider. I am not sure if I will even join BU. But I have gained confidence in the program now...
The present Director is an alumni of BU MSMF
So he knows what needs to be done more than anyone else.I have a question about Rutgers,
- It has good brand name. It is rigorous. Location advantage.
- But it is in Maths dept i guess. I was advised by a former MFE stud(now working in MBS dept of a big bank) to choose B-School rather than course from Math dept. According to him, math dept courses will focus more on theory. And B-Schools scores well in selling you in market compared to math dept.
Can someone throw some light on the above opinion? Well the person didn't compare Rutgers and BU, but his opinion about general math dept courses.
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