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Degree: MS in Management with concentration in Financial Engineering and Risk Analytics Link: http://www.lallyschool.rpi.edu/public/academic-programs/msprog/fera Location: Troy, NY, 3-4 hours by road to the Wall Street Faculty: Finance, Economics, and NYU's faculty. Offered by the B-school, Lally School of Management Tuition: $38 000 Duration : 1 year (3 semester, 30 credits, and 10 courses) Program started in Fall 2009. FERA students also took part in the National Financial Mathematics Career Fair, which is usually limited to the good schools. http://www.lallyschool.rpi.edu/Members/nashj2/news-items/lally2019s-ms-fera-program-participates-in-national-financial-mathematics-career-fair/
1)How long does it usually take people to finish the program, and What made you choose this program?
Usually, it takes ONE year to finish the FERA program. You will have 5 courses every semester and each course deserve 3 credits. So all together after one year study, you need 30 credits to get your MS degree. About the reasons why I chose this program, It's hard to say. Anyway, It is a good program, and it becomes better.
2) What is the quality of teaching? Are the professors helpful, with After-hours help, TA's etc?
The professors in Lally are all world-class professors. You can not only learn the acadimic knowledge but also be affected by their personalities. They are very nice and helpful teachers and friends. You as a MS may not be allowed to work as a TA. But there are many other on campus work chances.
3) What are the chances of fetching an assistantship/part-timer in any of the department of Lally or at RPI? And how much can one earn through them?
YOu need to contact the Lally admission faculty to ask for the information about assistantship or scholarship or other financial aids. I don't have any of them.
4)How understandable is the curriculum of the FERA? I have just completed my under graduation(mechanical engg)and I am preparing for CFA level I. Would CFA help? How strong of a component is programming? What programming languages are taught/used?
Well, don't worry about your just graduating from undergraduate. I am in the same situation. As long as you would like to contribute yourself into the study, you will be ok, and even be the best. CFA is a good choice. I'm glad that you are preparing for Level I. You can choose courses according to your interests and yoru background. And since RPI is famous for its engineering, you can also audit courses from other schools say Engineering or Math, and from which you can learn whatever languages you want to learn.
5)With the current economy it is hard to find jobs? How has this affected the FERA placements? What about internships? And is it really hard for the international students to find one? Did companies come on-campus to recruit? How strong is the Lally alumni connection?
It is not easy to find a job, especially for international student. But usually Indian students have good english speaking and writting skills, so you have much more chances then other international students.Since this program is only one year usually, you may not be supposed to find an internship but a full-time job. But you can if you want. There are many on-campus recruit activities and career fairs every semester. Just keep your eyes on such informations, don't miss any of them.
6) Are there a lot of projects used in courses or its basically midterm/final exam kind of set up?
Yes! The study work here is not a casual level, but a professional level.But each course has different course requirement. And your advisor will help you on choose courses which fit you best.
7) How much does it cost for living expenses per month, if staying off-campus? It depends. There are many different off-campus housing places. If you want to live alnoe, it may be more expensive. I suggest you find a roommate before you come here, and it will be much easier.
8) Also, FERA being a relatively new program, how far could one bank on the success of RPI and Lally? Well, this question need to be answered by yourself. How success do you bank on yourself? Lally and RPI will offer us good chances with their best efforts. Whether you can catch them and make best use of them is the key.
9) How many students are there in your batch, and have they received any job offer/offers? There are 7-9 FERAs this year I think, since we choose different courses, and we don't have much time to get-together. Others are all americans. And these days we are really busy preparing interviews and mid-term exams for courses. More detail information, you may want to ask the faculty.
RPI's FERA has its first graduating class this May. 5 out of the 7 graduating students have secured job offers and the rest have chosen a decision to pursue PHD.
Any more inputs about the program would be great enough for me to make a decision about the school I would be attending.
RPI没有商排是因为进入排名需要连续X年(具体几年不记得了)MBA毕业人数超过50人。 教授说如果有商排,RPI应该是前50的 The above is true.The undergraduate business school of RPI is NO. 31 in USA. It needs several years to have its ranking in Graduate school . You also can ask some big companies. They would like to recuit RPI student since the school has a good reputation. |
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