Kellogg Or Wharton for Finance PhD

martinwang83

偶尔机会和中欧一些教授聊过，他们今后希望招的是要了解中国business的（也就是楼主说得能忽悠的）
同时还能出top pub的，不是美国出好了回去不出啊，回去也要出。收入绝对不会比美国的差，这个不要担心。

Mengsk

谢谢楼上，中欧长江好像都很牛，给的比美国还多（但黄明这样不是全职的）。top10夸张了吧，国内一向都是小姐脾气丫鬟命。清北好像还没有能招到top20的金融phd吧。反正在他们的web上我没查到（光华，经管）。主要应该还是钱给不上来，和经济系一样40来万怎么招人。人家还不如随便找个业界的工作呢。重赏之下才有勇夫。

我不觉得Fund和paper是互斥的。Grossman有hedge fund，照样是超级学者。美国很多教授也有自己的hedge fund，做consulting，也很active。总之还是要增强自己的水平，idea啊。大家加油吧。哈哈

edog

Haha, OP you've been quite active on a number of boards now - ranging from Test magic, Econ Job rumors and now Chase Dream. I have a somewhat similar choice to make (Chicago v MIT), though I've worked in industry. I would actually recommend that you gain some industry experience first if your ultimate goal is to work at a hedge fund. That'll help you really understand what you're passionate about  / good at and also help with your choice of school. Did you ever consider working at a top IB / PE / HF for a few years between undergrad and PHD?

Mengsk

I think MIT Econ > Chicago Finance > MIT Finance.在我眼里 纯学术来讲 MIT Econ >= Harvard Econ = HBS > Stanford Finance = Chicago Finance > MIT Finance = NYU Finance > Duke Finance = Kellogg Finance = UCLA Finance = Berkeley Finance= Columbia Finance = Wharton Finance

Mengsk

I came in undergrad wanting to do hedge fund, but I don't see that option coming out of undergrad (at least I can't get it). I don't think becoming a banker and doing spreadsheets will help me get an idea of how to start a hedge fund. I did a banking internship. But I don't see it giving me a path ahead. Except for learning that less sleep is not good, I don't feel I learned much useful. Plus, I thought starting a hedge fund at china would be different. So I thought i rather go straight to grad school.

shaorubing

oh, you two got all top PhD Offers: MIT, Chicago, Wharton, Kellogg, Columbia, NYU, UCLA and etc.

edog

Yes, I'm leaning towards Chicago. If you end up at Kellogg (and I at Chicago), we should talk / get to know each other. My dilemma is really to make the decision to leave my current job at a top firm, where I'm already earning close to what an AP in finance makes (and with a lot more upside potential). But the thought of learning from the preeminent minds of finance academia is very alluring. On the other hand, I don't think it is easy to go into a top firm in industry after a PhD since phD's are easily pigeonholed into the quant / research corner with less vertical mobility within companies. So I would do it only because I want to be in academia.

Also, I come to the conclusion that pedigree matters most in the admission game - I too am from one of H, S, M.

fxygsm

finance phd这些年没有那么吃香了。去年北大光华有一个kellogg的去面试，清华经管全职招聘了一个maryland的finane phd。

Mengsk

抱歉说错了，看来北清是有一个top20的finance phd。估计是全top20做得最差的那一个。呵呵。

fxygsm

在学术界做成功随后转去做hedge fund确实是一条路。但是从历史经验来看，并非学术成就越高，在业界就能混得更好。举例来说，grossman的学生周忠全的学术地位根本无法跟他老师相比，但是周的基金的业绩要远远超过grossman的基金。