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Hello,
Several of you have voiced concerns about employers’ ability to distinguish between the Mathematics in Finance Masters program at Courant (our program) and the Masters degree in Financial Engineering at NYU-Poly.
To address these concerns, please let me provide you with some background and addressed two specific questions in the NYU-Poly policy (how NYU-Poly students should refer to themselves, and availability of placement services). At the end of this e-mail, you will find my recommendations for you in order to make the most out of your degree.
Some background Polytechnic Institute of New York University (NYU-Poly, for short), formerly Polytechnic University, is since July 1, 2008, an affiliate of New York University. The institution, founded in 1854, is the nation’s second-oldest private engineering school. In addition to its main campus in New York City at MetroTech Center in downtown Brooklyn, it also offers programs at sites throughout the region and around the globe. Globally, NYU-Poly has programs in Israel, China and is an integral part of NYU's campus in Abu Dhabi.
The Department of Finance and Risk Engineering at NYU-Poly provides several academic tracks leading to a master's degree in financial engineering, including corporate finance and financial markets, computational finance, financial information services and technology, and actuarial science and finance.
Are NYU-Poly students also NYU students? In the FAQ section on the NYU-Poly site (see, http://www.poly.edu/about/affiliation/FAQ) the answer to this question is “Polytechnic Institute of NYU (Poly) is affiliated with NYU (vs. being fully consolidated as a school). During the affiliation period, you are a student of Poly. After the consolidation, students will be NYU students.” This means technically speaking that until the schools are fully consolidated, Poly students cannot refer to themselves as “NYU students.” However, given NYU-Poly’s affiliation with NYU, it is fully reasonable that students refer to themselves as “NYU-Poly students.” This is consistent with the policy at the Wasserman Center where students from NYU-Poly are asked to list the school on their resume as “NYU-Poly” or “Polytechnic Institute of NYU.”
Are placement services at the Wasserman Center available to NYU-Poly students? Yes, they are, see http://www.nyu.edu/careerdevelopment/about.php
So how can you distinguish yourself from similarly named programs (such as NYU-Poly's Financial Engineering program, or the Mathematics Department's regular MS in Mathematics program)? I recommend that you consider the following: -Include “Courant Institute, New York University” (not just “New York University”) when naming our school; -Include the full name of our degree (“MS in the Mathematics in Finance”) on your resume. Our degree is broadly recognized in the financial industry; -Consider including additional details of particular courses you took in our program (particularly advanced ones which are rarely taken by students in other programs).
Finally, I ask you to report to us should you come across students from any other schools or programs that misuse our school or degree. This way we can deal with such infringements in a direct and effective way with their respective schools.
Regards, Petter Kolm
Petter Kolm Director, Mathematics in Finance Masters program Courant Institute of Mathematical Sciences |
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