# DISCUSSION on second rated MFE programs

#### B.R.Aravind

So Wat kind of Job Can I get if I do this course From texas A&m Commerce ....I am Also a Guy with Electrical &Electronics engineer with MBA Finance.......

#### Andy Nguyen

For the kind of jobs you can realistically expect, the more appropriate place to find out is the website of the programs in question. As both Fordham and Texas are not particularly well known programs around here, there isn't much data to discuss. I don't think anyone here can say much about your job prospect from those programs.

B.R.Aravind;24402 said:
So Wat kind of Job Can I get if I do this course From texas A&m Commerce ....I am Also a Guy with Electrical &Electronics engineer with MBA Finance.......

*Shrug* Difficult to say. First of all, don't do it. As you already have an MBA in finance, it certainly won't improve your situation. Speaking more generally, in today's tight job market, what hiring there is will be for people with strong programming and math skills. MFE quants will probably crowd out people holding more general finance degrees -- at least, that's the way I see it. Finance has been changing, and is becoming ever more programming- and math-based. So shy away from programs that don't emphasise this. Caveat emptor.

#### B.R.Aravind

hii this is aravind and I have got my admission for fordham's program so i jus neeed few information regarding the same .....Quality of the program ,recognition in the market.. also if u can give ur email ID it would more helpful for me to discusss.....

B.R.Aravind;24429 said:
hii this is aravind and I have got my admission for fordham's program so i jus neeed few information regarding the same .....Quality of the program ,recognition in the market...

#### dstefan

##### Baruch MFE Director
Tigga, are these Spring applications that you are talking about?

From early reports, application to MFE programs this year has decreased across the board. The old adage "down market, back to school" may not hold true specially for programs that cost $50K/year or more with no proven placement record. Have any numbers? It'd be interesting to see the magnitude of the decrease. #### ExSan which ones are still alive ? Here are the firms and areas in which our first year students will be working; I can also share some of the firms for permanent placement of our second-year students if you are interested: Goldman Sachs Asset Management (NY) Goldman Sachs FX Strategy (London) JPMorgan Sales & Trading (Hong Kong) JPM Investment Banking/Corporate Finance (Hong Kong) JPM Chase Treasury Strategies (NY) Lehman Bros. Asset Management (Chicago) Lehman Bros. Interest Rate Strategies (NY) Lehman Bros Structured Trading (NY) Merrill Lynch Sales & Trading (London) Merrill Lynch Quantitative Research, (NY) Morgan Stanley Investment Management (NY) UBS Sales & Trading (Stamford) Citigroup Structured Products (Hong Kong) Hagin Investment Management (NY) Constellation Energy Trading Desk (Baltimore) Banco de México Wendell Collins (Princeton) #### DHaynes From early reports, application to MFE programs this year has decreased across the board. The old adage "down market, back to school" may not hold true specially for programs that cost$50K/year or more with no proven placement record.

yay, less competition!:smt024

#### doug reich

##### Some guy
I worked with someone who had been at Kaplan. He said in a down market they saw an immediately increased demand for GRE, GMAT, a 1-year lag for LSAT, an d a 2-year lag for MCAT. (Based on the turn-around time for getting all the prerequisites down). We are already 1-year into the down-cycle, so many of those getting re-educated applied to the current entering class.

There is also the obvious fact that some people have been listening to bbw (or other people who hold that opinion) and don't think there is a future here.

#### Tigga

Tigga, are these Spring applications that you are talking about?
I refer to programs that have their deadline in early Dec for the Fall admission.

#### Andy Nguyen

Have any numbers? It'd be interesting to see the magnitude of the decrease.
Here is something Wendell from Princeton emailed me this morning.

We have received almost 600 applications this year, which is only slightly down from last year and significantly up from years before. Our job placement efforts are continuing full force, with students receiving job offers daily. We've had a record number of speakers from all areas of finance speak at the Bendheim Center for Finance this year, and I've also met with many new recruiting contacts this year in London, Hong Kong, Greenwich, Chicago, LA, Washington, Baltimore, and of course New York City, all on behalf of our program.

Wendell Collins
Director of Corporate Relations
Bendheim Center for Finance
Princeton University
609 258 9865
Bendheim Center for Finance - Bendheim Center for Finance - Princeton University

#### buddyforall

Its really surprising that Princeton can still manage 600 applications for 25 seats in such a market.Its down from 750 to 600.

#### Andy Nguyen

It's down from 650 last year. We still don't know how many offers and admits Princeton have this year.