求建议MIT MFIN VS CMU MSCF

evan1119

dude, CMU is the way to go. CMU prevails when it comes to job prospects.

if you don't like programming, suck it up for 16 months and get a S&T gig and your all set.

-- by 会员 小佳 (2011/4/15 10:58:31)

yes, but MIT has a bigger name which provide long-long benefit.

-- by 会员 evan1119 (2011/4/15 14:48:06)

the thing is, after securing your first job, school name will be playing a smaller and smaller role in your career advancement. ask yourself would you prefer to:
(1) start in S&T at DB/Citi/GS etc after graduation and build up a career there, or
(2) enjoy a "long-run benefit" while struggle to even land your first job

think about it man, and don't forget you could always get an MBA to re-brand yourself.

Regards,

-- by 会员 小佳 (2011/4/15 15:03:46)

Thanks for the constructive advice, very helpful.I am a fresh graduate with limited internship experience in IBD in China (not doing much). Considering my interest is in S&T and hedge funds CMU will definitely be a better choice.
But programming is really a challenge. CMU might lead to a programming intensive career, which is not in my favor. I think my background is strong in Finance and Econ, relatively weak in Math, and extremely poor in programming. In future job searching I believe apart from which program you take, it will also depends on how well you do in the program. I am more confident with my performance under MIT's curriculum.
Also, I did not get scholarship from CMU while many of those who got admitted also received $21K. If I got the scholarship I might tend to take CMU but now the cost of the two program is almost the same.

conrad2011

dude, CMU is the way to go. CMU prevails when it comes to job prospects.

if you don't like programming, suck it up for 16 months and get a S&T gig and your all set.

-- by 会员 小佳 (2011/4/15 10:58:31)

yes, but MIT has a bigger name which provide long-long benefit.

-- by 会员 evan1119 (2011/4/15 14:48:06)

the thing is, after securing your first job, school name will be playing a smaller and smaller role in your career advancement. ask yourself would you prefer to:
(1) start in S&T at DB/Citi/GS etc after graduation and build up a career there, or
(2) enjoy a "long-run benefit" while struggle to even land your first job

think about it man, and don't forget you could always get an MBA to re-brand yourself.

Regards,

-- by 会员 小佳 (2011/4/15 15:03:46)

Thanks for the constructive advice, very helpful.I am a fresh graduate with limited internship experience in IBD in China (not doing much). Considering my interest is in S&T and hedge funds CMU will definitely be a better choice.
But programming is really a challenge. CMU might lead to a programming intensive career, which is not in my favor. I think my background is strong in Finance and Econ, relatively weak in Math, and extremely poor in programming. In future job searching I believe apart from which program you take, it will also depends on how well you do in the program. I am more confident with my performance under MIT's curriculum.
Also, I did not get scholarship from CMU while many of those who got admitted also received $21K. If I got the scholarship I might tend to take CMU but now the cost of the two program is almost the same.

-- by 会员 evan1119 (2011/4/16 15:48:33)

小佳

^exactly

progamming - no worries, only 16 months of programming at CMU is not that bad if you could land a non-quant S/T gig afterwards

21k difference - again pretty negligible at this stage, you're essentially choosing among career paths, not schools

conrad2011

agree~

accajay

看牛牛的讨论受益匪浅~~~

zhaopenglu

Hey I went to school today based on what I heard from both program director and most current student, CMU placed maybe more than 50% on sales/trade 30 on risk management and the rest are asset management/others
I think it will be a good fit for you!

infu

30% on risk management doesn't sound good to me. I wouldn't be doing database-crunching having studied a professional-oriented master. Of course, unless you are interested in Risk Management from beginning.

As I said, the only benefit of going to CMU is doing an internship. However, you need to spend 16m months instead of 12 months at MIT.

With MIT, you are pretty open to any field of finance. CMU limite your choices to quant and trading roles. I want to emphasize that trading roles do not require heavy programming skills like CMU will be forcing on you.