First of all, Stanford University
Financial engineering/financial mathematics is a new subject in the 1990s. This major uses mathematics and computer technology to solve financial problems. Because graduates go to the financial sector for employment. Gold * * */gold number is usually located under the engineering college or mathematics department, and is jointly taught by engineering college, business college and mathematics department.
The financial mathematics project of Stanford University is located under the Department of Mathematics, with a duration of 65,438+0-65,438+0.5 years. Without scholarships, the course is very theoretical and research-oriented. For example, you can choose the doctoral course of Professor Duffie from Stanford Business School. He is a world-class master of asset pricing theory. This program enrolls 30 students every year, and a small part of it is aimed at Stanford undergraduates.
Among many schools offering MFE programs, Stanford is not the most competitive, but the admission criteria are the most stringent. Applicants should have a very good mathematical foundation and a good understanding of the financial industry. Some people who were rejected by it were admitted to more competitive schools, which shows the strictness of Stanford.
Second, Columbia University.
China students majoring in financial engineering (MFE) at Columbia University have applied for a lot. First, introduce the general situation of MFE application in the United States, and then understand the professional situation of MFE in Columbia University and related issues.
The MFE system in the United States is short, 1-2 years, and most schools do not provide scholarships. However, this major has a short investment cycle and a quick return. Graduates have the opportunity to enter financial services industries such as investment banks, fund companies, risk management departments or other related industries to engage in quantitative and technical work, which also provides opportunities for people with science and engineering backgrounds to change careers.
There are not many schools offering MFE in the United States, and there are many applicants. The competition is fierce. MFE likes students with engineering background (of course, students with financial background are admitted every year, but they are all excellent or have taken many math classes). Applicants should have very high GPA and G/T scores, internship experience in finance and excellent personal statement.
Columbia University, located in Manhattan, new york, is an Ivy League school. It is very friendly to the people of China and very popular with us. It has two projects, and what we are talking about now is MSFE, which is located under the IEOR department of the Institute of Technology. /kloc-There are only a few scholarships since July, 2000. The course pays more attention to practice and requires strict background of applicants, preferably in mathematics or physics. There are 80 applicants (MFE Class One), which is the largest number of applicants in the MFE program. The competition is not as high as Princeton, new york University and Stanford, but it is not low. Although there are many students in the class, after all, Ivy League is a prestigious school and in Manhattan, the employment prospects are quite good. But note that this project is 1 year, and there is no internship time.
20 12 experience in choosing a popular major in studying in the United States: finance major
Third, new york University.
Financial engineering/financial mathematics/computational finance majors in the United States have higher requirements for mathematics. Here is a brief introduction to the financial mathematics major of new york University. NYU is one of the golden number schools.
New york University is located next to Wall Street-the best geographical location envied by countless people. NYU's golden digital project is located in Courant Institute of Mathematical Sciences, new york University. It is a 65,438+0.5-year program with a strong mathematical flavor. The courses are basically fixed, with no selectivity and no scholarships.
Scholars in Courant are descendants of the classic Gottingen school of mathematics in Europe, and they are the top applied mathematics research departments in the world. Only about 30 people are recruited, so the competitive application for this project is as difficult as Princeton. It is said that in order to select the best applicants last year, the last batch of candidates were basically GPA3.7, GRE 1400, and then the winner was decided through personal statements. This project attaches great importance to the applicant's mathematical background.
New york University is closely connected with the financial industry, and the employment rate of graduates is not much better. This is one of the reasons why it is so popular. This year it has admitted more people from China (there used to be a large number of French people).
4. University of California at Berkeley
The academic system of financial engineering in the United States is very short, mostly 1-2 years, and almost no scholarships are provided (with a few exceptions). However, financial engineering projects have short investment cycle and quick return. Graduates have the opportunity to enter financial services industries such as investment banks, fund companies, risk management departments or other related industries to engage in quantitative and technical work, and also provide opportunities for people with science and engineering backgrounds to change careers. So the number of applicants for this project is very large, and it is increasing year by year.
The University of California at Berkeley is second only to Stanford in the western United States. Berkeley. The MFE project is the most famous in the United States and is the chief representative of this project. Located in Haas Business School, the 1 year program seems to have no scholarship, but only spring admission.
Berkeley's MFE attaches great importance to practice, and because it is the boss of MFE, its reputation is unknown, and its graduates have very good employment. Recruit 60 people every year and attach great importance to work experience, which has become an invisible standard for admission to Berkeley.
Different from other cattle schools, Berkeley does not demand applicants in some details, but attaches importance to comprehensive indicators and practical ability.
Verb (abbreviation for verb) Carnegie Mellon University
Carnegie Mellon University is a leader in metalworking and mathematics, especially the starting salary of graduates in previous years. In 2006, the average starting salary of graduates majoring in computational finance was $95,886. In addition, 965,438+0% graduates can get an average bonus of $30,389, so a newly graduated student can get a high salary of nearly $654,380+3,000.
The MSCF project of computational finance of Carnegie Mellon University is a pioneer of American financial engineering and has a long history. MSCF is located under Tepper Business School and accepts GMAT scores. 1.5 year project, the tuition is extremely expensive but the scholarship is the most generous. The course pays more attention to computer programming and financial practice, and is one of the best courses in all MFE projects. Carnegie Mellon University ranks first in computer science in the United States, and Tepper Business School ranks in the top 20. In addition, MSCF has a long history and high popularity, so it is very popular and graduates have good employment. MSCF has two teaching areas, one in Pittsburgh (headquarters) and the other in new york (distance education). Two districts and one * * * enroll more than 70 students. It likes students with good computer background, attaches importance to work experience, and interviews candidates, which makes it more difficult to apply. Its review materials are slow and there are many rounds.
Carnegie Mellon computer finance major was established in 1994, and its main research content is quantitative analysis and information technology. Carnegie Mellon University ranks first in the United States in computer major, Stanford and Mali, and its mathematics major is also very famous, and its business school is also the strongest in the United States. Computer finance, which combines the three characteristics, naturally becomes a strong specialty with outstanding statements. Many professors in this major are top experts in this research field.
Of course, it is quite difficult to apply for such a major. Among the students enrolled in this major in 2007, the average GRE score was 566 for speech and 792 for quantification; The average score of students who submitted GMAT was 72 1, of which 39 were spoken, 50 were quantitative and 5.0 were Awa. In addition, applicants must major in mathematics, computer science, engineering or economics at the undergraduate level. In addition to being required to excel in mathematics and statistics related disciplines, applicants must also be proficient in computer programming languages such as C and C++.
The enrollment of this major in 2007 was 35, and the competition was fierce. In other words, a few students have the opportunity to get MSCF scholarships. This scholarship is only available to the best students, so it is not easy to stand out among the top students. In addition, although the school does not require applicants to have work experience, a good work background will add weight to students' admission and scholarships.
6. University of Chicago
Characteristics of the University of Chicago: It is a doctoral program with a five-year academic system. It is the first university in the United States to train potential scholars to become global innovation researchers. It runs through the whole process of practical research and practice.
Requirements: Bachelor degree, average GPA of 3.5 (3.0-3.9), TOEFL 600/250/ 100, IELTS score, GRE/GAMT (more willing to accept GRE score), unlimited scores; Small paper; Interview; Letter of recommendation; 5-6 years working experience on average; Resume.
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