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Someone just dug out a posting on finance programs that was published in 2012, or more than seven years ago. The information provided is not accurate at points and also is quite outdated by now. We would like to briefly respond to one or two of the followup postings there regarding the following programs: Kansas University, Temple University, UTD, University of Tennessee, Drexel University, and Syracuse. In terms of placements, UTD, Kansas, and Temple are clearly the best among these (for details, see our Placement Rankings), and therefore are supposed to be the most competitive. For a more nuanced comparison, one needs to check out each of them, but UTD should be the strongest. Also note that each of them has risen rapidly in recent years. The program at University Tennessee is also outstanding (its alumni placement record is available online), but it is fairly small in size and does not seem to be known that well among the Chinese. Drexel and Syracuse are very similar with respect to placements although the latter does better (again, please refer to our Placements Rankings). Drexel has several illustrous finance professors (this has been discussed before); its PhD program is good but has difficulty in placing graduates even at what we call "balanced" schools, and the finance professors seem to be more and more aware of this. Syracuse is best known for Masters programs; its PhD program is small and has had several first-rate placements in the past but seems to be going downhill.
All of the above are non-top schools, so we cannot expect their placements to be "phenomenal". But if you are admitted to UTD, Temple, Kansas, or Tennessee and do really well, then you have a fair chance of hitting a research school (even one ranking above each of these); for Syracuse and Drexel, the chance may be significantly reduced unless you are a "star', but it may not be that difficult to get into a "balanced" school.
By the way, terminologically the word 'balanced" is often a euphemism for "teaching".
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