Toronto MathFin UofT MMF Students

[jondan]

Haha...no it is not!

I wish it was!


Are you an MMF applicant?

Yeah I am but I haven't received a decision yet

 

[Dismantler]

What is your background ?

 

[jondan]

What is your background ?

undergrad from CAD uni, 1 year experience as junior analyst in IB, GRE 800 (quant), I got admitted to many uni in US but my financial situation is horrible and I cannot get a loan without cosigner to study oversea (even though my parents are citizen of Canada, they are all in Hongkong and not working here) so I have no choice but to stay and study in canada

 

[Dismantler]

undergrad from CAD uni, 1 year experience as junior analyst in IB, GRE 800 (quant), I got admitted to many uni in US but my financial situation is horrible and I cannot get a loan without cosigner to study oversea (even though my parents are citizen of Canada, they are all in Hongkong and not working here) so I have no choice but to stay and study in canada

That serious sucks!

Do you have relatives in Canada?

 

[jondan]

That serious sucks!

Do you have relatives in Canada?

No I am alone

 

[Dismantler]

No I am alone

I am sorry to hear that.

Is it not possible for your parents to take out the loan for you ?

 

[hangkevinD]

February 27. I was the first to be interviewed.

Hello ,Dismantler,are you living in toronto area?

 

[jondan]

I am sorry to hear that.

Is it not possible for your parents to take out the loan for you ?

believe me, i have tried all possible ways It is simply not possible to get such a loan without a cosigner with good credit and I've talk to the bank, they don't even want to give loan for MFE, the more common one is for medical school only

 

[fjia]

believe me, i have tried all possible ways It is simply not possible to get such a loan without a cosigner with good credit and I've talk to the bank, they don't even want to give loan for MFE, the more common one is for medical school only

Hope you hear from them soon Jondan!

 

[Dismantler]

Hello ,Dismantler,are you living in toronto area?

Yes, I correctly go to school in Toronto.

believe me, i have tried all possible ways It is simply not possible to get such a loan without a cosigner with good credit and I've talk to the bank, they don't even want to give loan for MFE, the more common one is for medical school only

I mean if your parents are in China can you/they get a loan from China?

 

[Yang_Pop]

hey guys, just to let you know even though my UT app is still pending, I have decided to go to Chicago MSFM. Good luck everyone! all the best!

Cong~Chicago MSFM is great~

 

[Ji Yan]

believe me, i have tried all possible ways It is simply not possible to get such a loan without a cosigner with good credit and I've talk to the bank, they don't even want to give loan for MFE, the more common one is for medical school only

Tuition and living cost for one year study of MMF at least would be 35k (assume that living cost is 1k per month and you get internship). That's not a small amount of money.

From MMF website, it mentioned that "Canadian citizens and landed immigrants are invited to apply to ScotiaBank for a professional student loan on very favourable terms."
Probably after you get in, you can get loan from ScotiaBank.

 

[jondan]

Tuition and living cost for one year study of MMF at least would be 35k (assume that living cost is 1k per month and you get internship). That's not a small amount of money.

From MMF website, it mentioned that "Canadian citizens and landed immigrants are invited to apply to ScotiaBank for a professional student loan on very favourable terms."
Probably after you get in, you can get loan from ScotiaBank.

Oh yes, if I study in Canada there is no problem with getting that professional student loan because I worked and have a decent credit history in Canada, I am canadian btw

 

[Ji Yan]

Oh yes, if I study in Canada there is no problem with getting that professional student loan because I worked and have a decent credit history in Canada, I am canadian btw

oh, I see

you are worrying about the tuition if you go to States, right?

 

[jondan]

oh, I see

you are worrying about the tuition if you go to States, right?

yes exactly!

 

[Dismantler]

yes exactly!

There is always a way. However, I hope you get into UofT.

 

[doraton]

hey guys I have completed the assingment as well as the interview but did not hear anything from them since then.. So frustrating with the wait, don't know why they take this long to process the applications

 

[Ji Yan]

hey guys I have completed the assingment as well as the interview but did not hear anything from them since then.. So frustrating with the wait, don't know why they take this long to process the applications

I am waiting as well.
totally understand your pain...

I think it's because that there are 480 applicants this year.
I guess that's why it takes longer this year.

 

[doraton]

oh well, the interview was scheduled like very last minute, I had to take emergency leave from my work to attend it, and then it takes so long to wait for result, I really regret not applying to Waterloo this year

 

[Umnik]

Wrote to Petra, her answer was:

Thank you for applying to the Mathematical Finance Program at the University of Toronto. The admissions committee is currently in the process of evaluating 480 applications. A selected group of candidates will be invited for an interview, either by phone or in person.Interviews are conducted throughout the month of March. After that, decisions are released by email starting mid-April. At this time, no final decision has been made on your application although you have not appeared on our interview list. Therefore it seems unlikely that you will receive an offer of acceptance to the Program.Regards,Petra_