COMPARE Georgia Institute of Technology QCF vs Boston University MSMFT

[theKillerStrat]

Baruch has a batch size of 20~25. How high are the chances of an international candidate having 2 years of relevant work ex to get into Baruch MFE?

 

[IntoDarkness]

dat bu review was like watching a comedy. but yeah, out of top 7, you are kinda throw money away

 

[diegosanaz]

Although I agree with the premise that if admitted to a top 7 program you should go there, I would not rank BU as a bad program. I also took part of the 2014 class (just graduated), and I could say that I learned a lot, had a great time and did not cheat.

Although I decided to come back to my own country to work, I did have an offer to work in risk management in a major company in Boston but declined to join. Also, many friends (including international ones) have great offers in the US. I'd say the only waste of money is coming here and then cheat in homework and exams. People often forget that what you are paying for is education.

A number of programs are equally shitty (if not more so). It's just that people don't bother writing reviews. And a lot of the reviews one does see are obviously concocted, not authentic.

Also, as a counter argument to this, more often an angry customer writes a bad review on a product than a satisfied customer writes a good one.

 

[zyz]

@Andy Nguyen are these reviews and comments going to be reflected in the ranking? If so, can you tell us how?

 

[Andy Nguyen]

@Andy Nguyen are these reviews and comments going to be reflected in the ranking? If so, can you tell us how?

They are only useful metric when we have enough reviews for each ranked program. We have a way to go until that point.

 

[evan guggenheim]

@Andy Nguyen , What determinants do you use for the rankings? I know Carnegie is known for their quant departments, but I thought MIT or Columbia would be #1.

 

[Andy Nguyen]

@Andy Nguyen , What determinants do you use for the rankings? I know Carnegie is known for their quant departments, but I thought MIT or Columbia would be #1.

2014 MFE Programs Rankings Methodology

 

[l_l_c_p]

Even I assume that Boston MF would be a better choice as far as the curriculum is concerned. (at least the way it appears to me as an international student from India) . But the quality of teaching , reputation, ROI are also the things we worry about (only seniors can reply to this).No idea how the degree and the graduates are perceived in the financial industry particularly around the financial district which is not very inaccessible to MIT and Harvard grads

 

[l_l_c_p]

Admit from BU MF(with 10k schol) .. Waiting for NYU (both campuses), Columbia and Rutgers ..

 

[diegosanaz]

But the quality of teaching , reputation, ROI are also the things we worry about

I can say quality of teaching is very good (with the exception of a few courses). However, you need to be willing to bust your ass off. No one could come here and think they can take it easy and have a respectable GPA. I think this should be true for most FE degrees.

Reputation I can say is not the best. There are strong connections with few companies, but expect that to have a good placement after school you will need to network a lot.

ROI is unclear, it depends on each student. I have a very biased view on this since most of my friends already are placed with a good salary, but I know this is not true for everybody. Of course, for students who cheat ROI is incredibly low, not only because they are not learning anything, but also because they won't be able to speak intelligently about finance in an interview (so probably wont get a job); so basically they are paying for a sheet of paper and respectable GPA, but that is it.

 

[tableturner]

All BU admits for Fall 2015. Please join this Facebook Group. https://www.facebook.com/groups/333015256904703/

Cheers,

 

[l_l_c_p]

I can say quality of teaching is very good (with the exception of a few courses). However, you need to be willing to bust your ass off. No one could come here and think they can take it easy and have a respectable GPA. I think this should be true for most FE degrees.

Reputation I can say is not the best. There are strong connections with few companies, but expect that to have a good placement after school you will need to network a lot.

ROI is unclear, it depends on each student. I have a very biased view on this since most of my friends already are placed with a good salary, but I know this is not true for everybody. Of course, for students who cheat ROI is incredibly low, not only because they are not learning anything, but also because they won't be able to speak intelligently about finance in an interview (so probably wont get a job); so basically they are paying for a sheet of paper and respectable GPA, but that is it.

Thanks diego for the honest reply.. It seems you are a grad from the BU program ..but I got to talk to some seniors from other FE programs . This is what they exactly quoted "The program has a decent reputation in the industry but your prior experiences, networking matter a lot (in fact this is the maker or breaker when it comes to placement) " Since many people are out there who have relevant experience and complete know-how of the job market so reputation of the grad degree gives you an upper hand but nevertheless the vicinity to financial district and a holistic pedagogy adds to its advantage.
If possible , can you please throw some light on how effective the career service at BU is?

 

[l_l_c_p]

All BU admits for Fall 2015. Please join this Facebook Group. https://www.facebook.com/groups/333015256904703/

Cheers,

No one has joined yet?

 

[diegosanaz]

Yes, I am a recent grad form the program (just finished coursework last month).

The program has a decent reputation in the industry but your prior experiences, networking matter a lot (in fact this is the maker or breaker when it comes to placement)

I would not go as far as to say that is a maker or breaker, but prior experience and networking means a great deal

If possible , can you please throw some light on how effective the career service at BU is?

On the good side, the program director will make anything to get you placed if you go to his office and ask. Once I came to his office about a job posting I found online that I wanted, he made a phone call and got me the interview (I tried this one second time, but did not get as lucky). However, there is not a lot of active recruiting from companies on campus, so the career fair is not great. Getting an internship I would say it is harder than getting a job. Again, I might be biased in my view on this matter since I was a student that already had very relevant work experience.

Proximity to a financial city is great for networking. But to be honest, most of the times I preferred to do informational interviewing over the phone to not cast too much of a nuisance in the interviewee.

I have to add, I did have at the first semester doubts about the program. If you go deep enough into my postings at QuantNet, you will see that during my first semester at BU I applied to Columbia MA in Stats and got admitted. I decided to stay at BU and I do not regret my decision. I had great experiences with professors. For instance, I would be multiple times over 30 min with a professor in his office to discuss a project. One professor, Andrew Lyassoff, sometimes would give extra lectures to review some of the content during Fridays and Saturdays if he felt the students were not following the lectures (yes, his course is very very hard). Of course, there are many points in which the program could be better, but be sure that it will only be as good as the dedication you put into it.

I would be happy to answer any private messages for any question.

 

[l_l_c_p]

Yes, I am a recent grad form the program (just finished coursework last month).


I would not go as far as to say that is a maker or breaker, but prior experience and networking means a great deal


On the good side, the program director will make anything to get you placed if you go to his office and ask. Once I came to his office about a job posting I found online that I wanted, he made a phone call and got me the interview (I tried this one second time, but did not get as lucky). However, there is not a lot of active recruiting from companies on campus, so the career fair is not great. Getting an internship I would say it is harder than getting a job. Again, I might be biased in my view on this matter since I was a student that already had very relevant work experience.

Proximity to a financial city is great for networking. But to be honest, most of the times I preferred to do informational interviewing over the phone to not cast too much of a nuisance in the interviewee.

I have to add, I did have at the first semester doubts about the program. If you go deep enough into my postings at QuantNet, you will see that during my first semester at BU I applied to Columbia MA in Stats and got admitted. I decided to stay at BU and I do not regret my decision. I had great experiences with professors. For instance, I would be multiple times over 30 min with a professor in his office to discuss a project. One professor, Andrew Lyassoff, sometimes would give extra lectures to review some of the content during Fridays and Saturdays if he felt the students were not following the lectures (yes, his course is very very hard). Of course, there are many points in which the program could be better, but be sure that it will only be as good as the dedication you put into it.

I would be happy to answer any private messages for any question.

Thanks a lot diego ..This information is precious .. Thanks again . ATB for 2015

 

[Sasi Mishra]

Hey Seniors ,
I got the mail from Boston Mathematical Finance Adcom saying you have been put under waitlist for fall 2015 Round1 application. They said that final verdict will be out anytime before but not later than July.
So seniors please help :| what is the probability of an acceptance in such scenarios or this is an apparent "Reject" .
Do I need to wait almost till half of this year or post round2 deadline another round of decisions will be rolled out?
(PS:Boston Mathematical Finance is my first priority-fingers crossed )

 

[tableturner]

No one has joined yet?

Join man! I have just created the group, planning to create a Whatsapp Group as well. Thanks.

 

[l_l_c_p]

Suree..

 

[MiloRambaldi]

Also, as a counter argument to this, more often an angry customer writes a bad review on a product than a satisfied customer writes a good one.

You are way off there, because an MFE is not a product.

For example, no one worries about consequences or retaliation from writing a bad product review.

Also, doing an MFE can have a huge impact on your future (positive or negative). People are not going to be comfortable coming out and saying how much damage an MFE did to their life.

 

[theKillerStrat]

How is the University of Illinois, Urbana Champaign's MS -Financial Engineering as compared to Boston University's MS- Mathematical Finance and Georgia Tech's Quantitative and Computational Finance?