The following is from Global Derivative. MFE - University of California, Berkeley
Positives
• Housed in the Haas Business school which promotes the MFE program • More business oriented perspective • Balanced program instead of being math or computation focused • Tailored FE program is helpful to students with non-finance background • Excellent reputation in NYC • Strong alumni network and the UCB brand name • 1 year program, march-march session • program fee ~ $47,000 (partial internship offset + lower living costs)
Other Features
• Location – west coast (Away from the financial hub of NYC) • Bigger class size (60) – Director plays an important role in placements to offset locational disadvantage • Sponsoring this course is made easier by Haas: loans are available to even international students without any credit requirements.
Best suited for: • Mid-career professionals with some prior work exprerience (relevant preferred)/PhDs/Fresh graduates with steller academic records and some exposure to the industry. The average entrant age is 29 years.
MSCF – Carnegie Mellon University, New York/Pittsburgh
Positives
• Excellent placement services, Housed in the Tepper Business school • Business perspective • Computational finance focused • Tailored FE program is helpful to students with non-finance background • Excellent reputation in NYC • Manageable class size split (35+35) • Strong alumni network • Special Networking opportunities for NYC campus • Financial aid/waiver available for some
Other Features
• Program fee ~ $63,000 (partial internship offset + aid/schol for some) • 1.5 year program, September to January session • Limited access to professors (NYC Campus)
Best suited for: • Mid-career professionals with some prior work exprerience (relevant preferred)/Fresh graduates with steller academic records
MSMF – New York University
Positives
• NYC placement (100% record) • Excellent reputation of the Mathematics dept (Great names) • Structured curriculum as opposed to wide range of electives • Mathematics focused yet practical • Excellent reputation in NYC • Small class size (30)
Other Features
• Program fee ~ $45,000 (internship offset but Higher NYC living costs) • Lesser university brand name worldwide than some of the ivy’s • 1.5 year program, September to January session
Best suited for: • Freshers with excellent mathematical background/Professionals with 1-2 years of experience
MSFE – Columbia University, New York
Positives
• NYC placement • Good for those in the field prior to the program and want to get back quickly • Wide range of electives •  ractical program • Excellent reputation in NYC • Strong alumni network • Brand name in the US • 1 yr program, June–June session
Other Features
• Program fee ~ $43,000 (no internship + Higher NYC living costs) •  lacement scene competitive (MBA, MAFN, MSFE) • Biggest class size (80)
Best suited for: • Freshers with excellent academic background/Professionals with 1-2 years of experience
MSFM – Stanford University
Positives
• Reputation of Stanford and GSB world over • Exclusivity (hard to get into) • Great range of electives/flexibility • Program fee ~ $35,000 (Internship + Lowest total expenses + Lower living costs) • Small class size (25) • Flexible duration, 9 months – 1.5 years
Other Features
• Location – west coast • Very Mathematically rigorous •  rogram not evolved fully, sailing on Stanford brand
Best suited for: • Freshers with excellent mathematical background/Professionals with 1-2 years of experience
MFin – Princeton University Positives
• Reputed as the best Masters in Finance program (not FE) • Exclusivity (very hard to get into) • Greatest range of electives/flexibility including FE and Asset Management tracks • Employment opportunities in IBD (Corp Fin) as well as Quant Finance • Stress on economics • Program fee ~ $35,000 per year (Internship + Lower living costs) • Smallest class size (25)
Other Features
• Duration maybe 1 or 2 years (depends on the admissions committee) • Theoretical focus •  rogram not evolved fully, sailing on Princeton brand
Best suited for: • Freshers with excellent mathematical background/Mid career professionals with 1-5 years of experience |