I am finishing my first year of the Rutgers MQF program now, and I have to say that I like it for the most part. The administration is very nice and effective. Moreover, Dr. Wu allows you to substitute both core courses and electives with similar courses in the New Brunswick programs. I will admit, while many of our courses are very good, some of the MQF courses could be a little more rigorous. However, since students can easily swap some of the weaker MQF courses with more rigorous courses in NB, many students still come out of the program with all the coursework necessary succeed in the job market.
By the way, I know that our program is only awarding about half the admission offers in 2013 compared to 2012 so I would expect the class size to be considerably smaller.
Another thing worth noting is that the placement this year is mediocre, mostly due to a sharp increase in the student body and some unlucky breaks with company relations. However, we do have a very dedicated director of career services that provides us with good opportunities at target companies. Also, the smaller class size next year will help incoming students obtain jobs. Therefore, I would expect placement to be much better next year.
Hope this helps guys!