LSE vs ETH vs Michigan

zack_wong

以下是引用pgstudent在2008-5-6 13:11:00的发言：

On the other hand, how is the reputation of the following economics graduate program

1. Duke Master of Econ (Major in Financial Economics)

2. LSE Master of Econ and Finnace

3. U of Michigan Master of Applied Economics

To speak frankly, I think u dont have to apply/consider too many schools and programs and just focus on ur current offers. Coz if u got those first three offers this yr, u can also get them next yr, I hope so. Normally, master of econ is the preparation for PhD rather than professional orientation. While, MFE/MMF is some kind of Quant but pure finance or financial econ is either for corporate finance or for academic orientation. BTW, those two econ offers in Duke and UMich are not difficult to get comparing to ur first three.

[此贴子已经被作者于2008-5-6 16:29:09编辑过]

myf1

以下是引用Huangzizeng在2008-5-6 15:12:00的发言：

米国似乎工作难找现在。。。英国那个工卡又不容易办了。

But all in all, Switzerland is the worst in working permit application.

zack_wong

Anyway, just choose one program whose curriculumn is not very tough. Then u can have relatively higher GPA and more time in job hunting. Difficulty is not everything.

pgstudent

yes, you are right....let me tell you a real story that there are only around 20% of Cornell MFE can secure an internship position in NYC.....the placement rate of U of Michigan MFE is also not so good at this moment....

Most of them also predict that the job market at London City will become worse in near future like NYC....

http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/04/19/ncrisis619.xml

http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/04/16/cncity116.xml

pgstudent

Actually, I already have a master of financial maths and statistics at HKUST....with a decent academic record...I have got many interviews from top tier I-banks like UBS, CS, DB, Barclays, SG....but failed....so I wanna equip myself with deeper understanding in particular the field of credit/market risk.

for Quant, you need to compete with PhD and top MFE from UCB,NYU, Princeton, Columbia....

for risk analyst, not many of them intend to join risk department due to the unattractive compensation system....(on the other hand, I wanna work as a risk analyst....and I believe that the risk management program at ETH should be one of the most structured program in this area...their renowned faculties in risk management like Paul Embracts, Philip Schbonchers, Delbaen.....)

the professors at HKUST told me that in term of course structure, ETH should be better than LSE and UMich...

but LSE has its brand name at London and the location advantage...but their faculties are not that strong in risk management...

UMich, only good thing is the interdisciplinary course structure with the back up from Ross business School....but their faculties in financial engineering/quantitative finance are not that well known as ETH and even LSE....(Unlike other top MFE in US, Columbia : E.Derman, Paul Glasserman, Steven Kou, Cornell: Robert Jarrow, NYU: Peter Carr, UCB: Mark Roberstein, Stanford: Duffy......

What's more, it is less risky to take ETH program as the tuition fee is cheap....and I may apply NYU, UCB, Princeton MFE upon completion of ETH program if I can not find a decent position in Quant Team.........

pgstudent

I wanna apply job in Hong Kong.....

pgstudent

But duke is a very top US school......Unlike UMich is just a top public school....

zack_wong

以下是引用pgstudent在2008-5-6 23:50:00的发言：
I wanna apply job in Hong Kong.....

Then forget ETHZ, just top 5 in UK or top MFE in US.

pgstudent

But, if I can find a job at Zurich, then I will work for a shortwhile first......

actually, I wanna apply European I-banks like BNP, UBS, SG, CS, DB, KBC etc.

pgstudent

On the other hand, it seems that you won't recommend any master of applied econ/financial econ over quantitative finance/financial engineering?