[rumour]

Originally Posted by golugeek

Thanks a lot for the information. Could you all gimme me a heads up about the colleges which are good enough may not be the top notch in US wherin i can apply.. i am a software Engg working in the telecom domain.. and have a 3.5 Years exp .. i seriously want to switch to Finance now..

Well here is the link for the IAFE (International Association of Financial Engineers - About IAFE) web site there You will find the link for all the unis in world offering this course.
well Uni. California, Carnegie Mellon University, Columbia University, Cornell University, Georgia Institute of Technology, MIT, Stanford are few on the top...
Best of luck for in uer endeavour.

[vishalchopda]

I have been on PG from quite long now but never knew a thread on Financial Enginnering..
Anyways about me I applied to Columbia(MSFE), CMU(MSCF), Stanford(MSFM), NYU(MSMF), Michigan(MSFE) and UIUC(MSF) this yr..

I have a admit from Michigan MSFE, UIUC MSF and I am waitlisted at CMU MSCF..
Will be mostly going to Michigan if i don't covert CMU..
In very simple terms u can call Financial Engineering(FE) as application of maths in finance.. So basically u need to have interest in both quant and finance.. and this is certainly one of the upcoming fields..
I can help ppl in their application process but i wudn't be able to comment on how the course is, wat job u get, wat is the scope of it in india as i am still a outsider.. puys who are pursuing this course now or have completed it or working in this field can be a great help..
puys like rajatb, bizskool etc. can help us to a gr8 extent..

P.S. Mods, I realized there whr arnd 6 threads on financial engineering but cudn't figure out which is the most appropriate.. i request mods to close others if they are not in use and make this thread official for financial engineering..

Regards,
Vishal

[rumour]

Originally Posted by vishalchopda

I have been on PG from quite long now but never knew a thread on Financial Enginnering..
Anyways about me I applied to Columbia(MSFE), CMU(MSCF), Stanford(MSFM), NYU(MSMF), Michigan(MSFE) and UIUC(MSF) this yr..

I have a admit from Michigan MSFE, UIUC MSF and I am waitlisted at CMU MSCF..
Will be mostly going to Michigan if i don't covert CMU..
In very simple terms u can call Financial Engineering(FE) as application of maths in finance.. So basically u need to have interest in both quant and finance.. and this is certainly one of the upcoming fields..
I can help ppl in their application process but i wudn't be able to comment on how the course is, wat job u get, wat is the scope of it in india as i am still a outsider.. puys who are pursuing this course now or have completed it or working in this field can be a great help..
puys like rajatb, bizskool etc. can help us to a gr8 extent..

P.S. Mods, I realized there whr arnd 6 threads on financial engineering but cudn't figure out which is the most appropriate.. i request mods to close others if they are not in use and make this thread official for financial engineering..

Regards,
Vishal

Dude can you tell me uer score of GRE/GMAT (with sectional breakup) and is the Michigan MSFE having internship as the part of course structure..and will be great if u could tell us uer educational background.

[vishalchopda]

Originally Posted by rumour

Dude can you tell me uer score of GRE/GMAT (with sectional breakup) and is the Michigan MSFE having internship as the part of course structure..and will be great if u could tell us uer educational background.

Name: Vishal Chopda
Edu: B.E. Information Technology, Mumbai University
GPA: aggregate of 68%
GRE: V640/Q800/AWA 5.0
TOEFL: 277/300
Work X: Currently in Tata Consultancy Services from June2006..
Module Leader of my project..
Internship: 1] for 4 months with a IT firm whr i designed a website
for stock broker in my 3rd yr of BE
Others : Certification in Investment Banking from FTC, TCS
Certification in Derivatives market from Bombay Stock Exchange
Certification in Capital market from Bombay Stock Exchange

University Applied to: Columbia, NYU,CMU,Umich,Stanford, UIUC
Rejected: Stanford,Columbia, NYU
Accepted: UIUC, Umich
Waitlist : CMU

And yes Michigan has a internship.. the course starts in July07 and will end by Dec08..

[vin]

i m also someone who has been doing the research on those MFE programs for sometime now.......i wud be going for my mba in vgsom this july...hwoever MFE will be my long term target.....

let's me put the MFE courses of top instutites like LSB,BERKELEY,Columbia.

in these institues though it is the master's course..if you go through their websites and courses..you will realise tht it is not actually a normal masters program..

it is actually a phd in finance meant for commercial purposes....

if you see the profiles of the students especially in Berkeley and LSB

those guys have

1)masters or pHD already

2)they are mostly CFA level-2

3)have at least 2 years of exp in finance domain

so the point i want to make is in these top institues the MFE program is just not another master's program it's much more than tht..tht's why they have such strong profiles...

[Anra]

Try Global Derivatives - Index

[vishalchopda]

Originally Posted by vin

i m also someone who has been doing the research on those MFE programs for sometime now.......i wud be going for my mba in vgsom this july...hwoever MFE will be my long term target.....

let's me put the MFE courses of top instutites like LSB,BERKELEY,Columbia.

in these institues though it is the master's course..if you go through their websites and courses..you will realise tht it is not actually a normal masters program..

it is actually a phd in finance meant for commercial purposes....

if you see the profiles of the students especially in Berkeley and LSB

those guys have

1)masters or pHD already

2)they are mostly CFA level-2

3)have at least 2 years of exp in finance domain

so the point i want to make is in these top institues the MFE program is just not another master's program it's much more than tht..tht's why they have such strong profiles...

Hi vin.. What you sayin is not entirely correct.. Even if u are a fresher directly from ur BE u can get a admit into gud programs(with gud academics and strong SOP) .. Two of my friends have got into stanford and I myself have been waitlisted at CMU, the chances whose converting are decent.. All of us passed out in 2006 and when we applied we had workex of just 4-5 months..
What you are doing is also correct, many guys do MFE after MBA.. Infact I know few ppl from IIMA, XLRI, IIMC, IITD applyin for MFE after MBA..
But if u are so sure of doin a MFE, y don't do a FRM or CFA instead of doin a MBA.. Neways, u must have thot over it and its ur desicion.. atb..

Regards,
Vishal

[broh]

Hi Vishalchopra...

Have received an Admit from IIT Stuart with 50% aid.. How would u rate the placements there? is it close to impossible to find a job..

My profile is almost similar to urs..

Age : 23
Workex : 1 yr FT at NVidia
BE Comp Sci Pune Univ..
68% First class with Disti..

[vishalchopda]

Originally Posted by broh

Hi Vishalchopra...

Have received an Admit from IIT Stuart with 50% aid.. How would u rate the placements there? is it close to impossible to find a job..

My profile is almost similar to urs..

Age : 23
Workex : 1 yr FT at NVidia
BE Comp Sci Pune Univ..
68% First class with Disti..

See plz understand tht I am just a applicant like you and no expert, so any advice i am givin is based on my own research..
Ya the prob with IIT stuart is tht it has 3 similar courses with 100 students each so finding internship and placements for freshers like us is very difficult.. i knew this so i didn't apply there, i applied only to the top schools whose course i liked and plcmnts whr decent..
If u have time, I will advice u not to join IIT this yr and instead give a FRM/CFA(whichever u find more interested in and comfortable), add something more to ur profile and apply next yr.. But the only problem is in the no of applicants for FE are gonna increase each yr due to its hype so its not sure u get a admit next yr.. but with decent profile, gud recos and strong SOP, u can be optimistic..
P.S. I am vishalchopda and not vishalchopra

Regards,
Vishal

[broh]

oh ok... Have also applied to Gatech... What do u think are the chances there? GMAT : 700 [V:38 Q:47]