Hi everyone,
I plan to apply MFE program next year and I want to assess whether I'm aiming too high given my profile below..
Academic Background:
Fresh Actuarial graduates with minor in statistics (Major GPA: 3.4/4) from a Top 10 school in Asia
Studied courses below:
C++ / Data Structure: (Grade: B-/B)
Linear Algebra: (Grade: A)
Multivariate Calculus : (Grade: A-)
Algo Trading, Arbitrage: (Grade: A)
Other statistics courses, e.g. Time Series / Machine Learning: (Grade ranging from B+ to A-)
Didn't study ODE/PDE formally.
Projects/Competition:
1. [Course Project] Studied and implemented various pricing methods on Asian options in Python (incl. Monte Carlo Simulation, PDE, Edgeworth series expansion, etc)
2. [Course Project] Built a statistical arbitrage trading model based on Johansen test and Engle Granger test
3. [Competition] Implemented Vine Copula framework in Python to analyse cryptocurrency return dynamics and make trading decisions based on it. The competition is a local competition and our team only ranked middle..
4. [Personal Project] Working on HMM model to analyse market regime of the US stock market. Based on simulation result in each market regime to make informed trade.
Working Experience:
Working as an Actuarial Analyst in a life insurer for a year, focus on pricing insurance products and assessing pricing assumptions in group medical/life product.
Professional Qualification (if it matters):
near-ASA, with only modules left
Target School:
UC Berkeley / UCLA MFE
NYU / NYU Tandon MFE
NCSU MFE
Georgia Tech MFE
I have checked the class profile of these MFE program, and I see most of them have a UG GPA above 3.7 and exceptional achievement (e.g. rank top 10 in a highly-regarded trading competion) , so I highly doubt that I have any chance to study in one of these programs. Appreciate some advice and honest opinion about this. Thank you so much!
I plan to apply MFE program next year and I want to assess whether I'm aiming too high given my profile below..
Academic Background:
Fresh Actuarial graduates with minor in statistics (Major GPA: 3.4/4) from a Top 10 school in Asia
Studied courses below:
C++ / Data Structure: (Grade: B-/B)
Linear Algebra: (Grade: A)
Multivariate Calculus : (Grade: A-)
Algo Trading, Arbitrage: (Grade: A)
Other statistics courses, e.g. Time Series / Machine Learning: (Grade ranging from B+ to A-)
Didn't study ODE/PDE formally.
Projects/Competition:
1. [Course Project] Studied and implemented various pricing methods on Asian options in Python (incl. Monte Carlo Simulation, PDE, Edgeworth series expansion, etc)
2. [Course Project] Built a statistical arbitrage trading model based on Johansen test and Engle Granger test
3. [Competition] Implemented Vine Copula framework in Python to analyse cryptocurrency return dynamics and make trading decisions based on it. The competition is a local competition and our team only ranked middle..
4. [Personal Project] Working on HMM model to analyse market regime of the US stock market. Based on simulation result in each market regime to make informed trade.
Working Experience:
Working as an Actuarial Analyst in a life insurer for a year, focus on pricing insurance products and assessing pricing assumptions in group medical/life product.
Professional Qualification (if it matters):
near-ASA, with only modules left
Target School:
UC Berkeley / UCLA MFE
NYU / NYU Tandon MFE
NCSU MFE
Georgia Tech MFE
I have checked the class profile of these MFE program, and I see most of them have a UG GPA above 3.7 and exceptional achievement (e.g. rank top 10 in a highly-regarded trading competion) , so I highly doubt that I have any chance to study in one of these programs. Appreciate some advice and honest opinion about this. Thank you so much!
