- Joined
- 12/27/11
- Messages
- 42
- Points
- 18
Hi Everyone,
I was wondering if I could get any advice from those working in the quant field or active in the recruiting scene. I've applied to a whole bunch of universities for MFE/MathFin, but not gotten in at anyone yet.
I do have a possibility of considering MS in Applied Statistics at University of Michigan (my alma mater), with a concentration in financial statistics. It's ranked 12 on USNEWS:
Pros:
- Longer program (3-4 semesters) allowing for an internship
- Broader, allowing for a variety of stats/math-based job prospects
- More prospects with my former employer
- Hedging against the uncertainty of quant careers in the near future?
Cons:
- I would essentially be forgoing opportunities to go to Columbia MAFN, Chicago MSMF, Rutgers, GATech QCF if I get in (long story)
- Only a handful of financial math courses (stochastic calc, financial engineering 1 (?), options and futures in corporate decision making
- Longer program also means a little more spending. I'm ignoring opportunity cost of working salary, my Indian salary ain't fancy.
Here's the program link: http://www.stat.lsa.umich.edu/applied.html
I was wondering if I could get any advice from those working in the quant field or active in the recruiting scene. I've applied to a whole bunch of universities for MFE/MathFin, but not gotten in at anyone yet.
I do have a possibility of considering MS in Applied Statistics at University of Michigan (my alma mater), with a concentration in financial statistics. It's ranked 12 on USNEWS:
Pros:
- Longer program (3-4 semesters) allowing for an internship
- Broader, allowing for a variety of stats/math-based job prospects
- More prospects with my former employer
- Hedging against the uncertainty of quant careers in the near future?
Cons:
- I would essentially be forgoing opportunities to go to Columbia MAFN, Chicago MSMF, Rutgers, GATech QCF if I get in (long story)
- Only a handful of financial math courses (stochastic calc, financial engineering 1 (?), options and futures in corporate decision making
- Longer program also means a little more spending. I'm ignoring opportunity cost of working salary, my Indian salary ain't fancy.
Here's the program link: http://www.stat.lsa.umich.edu/applied.html
