While we've been dicussing the Fordham program, I just found out today that another eerily similar program is set to admit its first cohort in Jan 2009 : UCLA Anderson MFE program. (http://mfe.anderson.ucla.edu)
The website looks slick. The brochure is very glossy and nice.
Here are a few things that reminds me of Fordham:
1) No C++ course offered (admission requirement : familiarity with Matlab and SAS)
2) Teach Corp finance and Accounting
MFE 237A - Fundamentals of Corporate Finance and Accounting This course provides students an understanding of the fi nancial statements and tax liabilities of firms.
3) Internship is an integral part of the program 
MFE 237N - Applied Finance Project Every MFE student will be required to complete an applied quantitative finance project that explores a quantitative finance problem that might be met in practice and involves the development or use of some of the tools developed in the MFE program. Participation requires prior approval of the project by the supervising faculty member.
The Internship/Applied Financial Project is an integral part of the MFE program. Students gain practical experience applying their financial engineering knowledge in a
real-world setting.
4) Full time only
5) 1 year long
6) 50K tuition
7) Housed inside business school
8) 2 co-directors
If this is good, then UCB got some competition in the west coast region. If not, then this is just another attempt by business school to jump into the MFE bandwagon.
