I am considering Steven's Institute for FE program. Is it really good?. Is it worth the money?. How are the professors?. How long do you think it would take on average to complete the program?.
I'm in my second class there and so far its been good. The program itself is solid; unfortunately, its overshadowed by better-known programs in the NYC area--Baruch, NYU, Columbia. Here's my take:
* A well-respected engineering school, esp in the NY/NJ area.
* School is heavily recruited by most of the major Wall Street firms, esp the engineering, math and computer science graduates (Morgan Stanley is sponsoring their career fair this year, Barclays did last year I think)
* Some classes can be taken on their WebCampus, which is good for working folks who need to balance work/school/home, etc. That's precisely why I chose their program.
* Classes (at least the 2 I've taken) are taught well. The courses are very challenging.
* Some FE courses are offered during the summer, so you can utilize 3 semesters and finish your degree sooner.
* Its a new program, so little is known about it. They don't have admissions stats or job placement info posted yet, so not much is known about how graduates fair in the job market. From talking with other students, I hear they do well, but Stevens needs to post that info. My guess is that its getting more competitive, as more and more qualified students apply after they are turned away from the schools like Baruch (which has a 14% acceptance rate).
* They need more courses geared specifically to FE. For example, they have a class in PDE that is part of their math dept, but it'd be better to have a "PDE for Finance" class. I'd also like to see classes in stat arb, algo trading, etc.
I hope this helps. If there's any other Stevens students out there, please share your experiences.