- Joined
- 2/10/12
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- 8
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- 11
Dear Community,
after searching through some of the old threads in this forum, I observed that the topic "PhD vs. MFE" is a quite common one. However, I did find little information about how a PhD (say in Math, Physics or Engineering) affects your chances when applying to MathFin or MFE-Programs in the US.
Let me examplify my question with my own background. I am a german PhD student of Mathematics, GRE V: 161 Q: 167, Undergrad GPA: 3.75 / 4.00, Masters GPA: 3.95 / 4.00 and intending to finish the PhD in April 2012 (I will be 24 then). I have no relevant (non-research) internships. However, as many other PhDs, I have some research stays at notable institutions (such as Princeton, Steklov Institute) and some publications resulting from that.
If you substract the PhD, I am sure that applications similar to mine would not be particularly competitive. However, this begs the question: What is the added value of a PhD in the eyes of admission commitees at some of the reputed MathFin or MFE programs?
To phrase the question in a more pointed manner: Is the overall value of a PhD in a quantitative discipline to the admissions process of most MathFin / MFE Programs just zero?
Yours Sincerely,
hammingbird
after searching through some of the old threads in this forum, I observed that the topic "PhD vs. MFE" is a quite common one. However, I did find little information about how a PhD (say in Math, Physics or Engineering) affects your chances when applying to MathFin or MFE-Programs in the US.
Let me examplify my question with my own background. I am a german PhD student of Mathematics, GRE V: 161 Q: 167, Undergrad GPA: 3.75 / 4.00, Masters GPA: 3.95 / 4.00 and intending to finish the PhD in April 2012 (I will be 24 then). I have no relevant (non-research) internships. However, as many other PhDs, I have some research stays at notable institutions (such as Princeton, Steklov Institute) and some publications resulting from that.
If you substract the PhD, I am sure that applications similar to mine would not be particularly competitive. However, this begs the question: What is the added value of a PhD in the eyes of admission commitees at some of the reputed MathFin or MFE programs?
To phrase the question in a more pointed manner: Is the overall value of a PhD in a quantitative discipline to the admissions process of most MathFin / MFE Programs just zero?
Yours Sincerely,
hammingbird