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COMPARE School (NYU or Rutgers) or work????

maciej

Joined
2/23/09
Messages
11
Points
11
Hi guys,

I've been accepted to Rutgers(MSMF) and NYU so far and am wondering if anyone can help me out with some concerns. First, I will graduate undergrad this May and with the current economy does it make sense to take on additional loans and pursue a math finance degree next year with no guaranteed job placement? Second, how would you compare Rutgers with NYU considering Rutgers is half price and I can live at home for Rutgers.


Thanks for the help,
-Maciej
 
Regarding the loans, it is up to you. Do you want to do it or not?

Regarding the comparison, What do you want to compare? What is your criteria?

The decision needs to be yours. We can't make it for you so you live with the consequences.
 
maciej said:
Hi guys,

I've been accepted to Rutgers(MSMF) and NYU so far and am wondering if anyone can help me out with some concerns. First, I will graduate undergrad this May and with the current economy does it make sense to take on additional loans and pursue a math finance degree next year with no guaranteed job placement? Second, how would you compare Rutgers with NYU considering Rutgers is half price and I can live at home for Rutgers.


Thanks for the help,
-Maciej
Click to expand...

As Alain said, you need to think about a set of criteria important for you. Once you have a clear list, you can find a lot of info on quantnet about NY area universities.
 
sorry let me just clarify a bit.....

Is it worth it to pursue a math Fin degree now even though the financial landscape may change drastically in the next few years with regulation or other events...
 
That's a loaded question. Read the many, many posts on this forum on that subject.
 
maciej said:
Is it worth it to pursue a math Fin degree now even though the financial landscape may change drastically in the next few years with regulation or other events...
Click to expand...

It all depends, is it worth for you? For a lot of people here it is worth the effort. It might not be worth for you because you don't think you are going to be very good at it and you think you will end up in the middle of the pack and don't get a job at the end.... or it might be really worthy because you think you are an ace and be able to crush the competition. That decision is only yours. Nobody here will answer it for you.

BTW, I might be wrong but from the post, I think you are more of a former so, due to the current market conditions, stay as far as Quant Finance as you can. If you don't think that's the case, you can prove me wrong and then your decision is already made. Hence, there is no need for an answer. :)
 
What kind of work options do you have? Have you had job offers, or will you need to find work? This decision really depends on your personal situation and how risk averse you are. No matter what, an extra degree will make you a more desirable candidate in the future job market. And if you already have job offers now, you should have more job offers then.
=D> Congrats on NYU acceptance
 
From my experience in a financial modeling course...I asked the director of Lehigh's "MFE" program what these programs were about, and in reality, they're all a stamp to go work, and if you wish to become a top quant, you can't do that in one year.

So if you have work already, that's a massive opportunity cost by going for an MFE that may (or may not) be obsolete in the next five years.
 
LT Nguyen said:
What kind of work options do you have? Have you had job offers, or will you need to find work? This decision really depends on your personal situation and how risk averse you are. No matter what, an extra degree will make you a more desirable candidate in the future job market. And if you already have job offers now, you should have more job offers then.
=D> Congrats on NYU acceptance
Click to expand...

Yeah thanks for the advice... I've sent out my deposit check
 
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