COMPARE Columbia University MFE vs MIT Master of Finance

Rank
Program
Total Score
Peer Score
% Employed at Graduation
% Employed at 3 months
% Employed in the US
Compensation
Cohort Size
Acceptance Rate
Avg Undergrad GPA
Tuition
Rank
5
Massachusetts Institute of Technology Cambridge, MA 02139
3.77 star(s) 26 reviews
5
Massachusetts Institute of Technology
86 3 76 97 66 154.9K 118 8.73 125.4K
Rank
6
Columbia University New York, NY 10027
3.18 star(s) 11 reviews
6
Columbia University
85 3.6 37 100 56 152.1K 123 10.52 93.02K
The current result seems to contradict with the previous post on COMPARE. Guys, feel free to share some comments/explanation for your votes so that others can refer in the future ;)
 
Just to clear some misunderstandings:
1. As far as I know, for quant positions, the reputations of Columbia MFE and MIT MFin have roughly no difference in HK. If you target IBD and S&T, MIT will be absolutely better but this is not the case for quant positions.
2. The class size of Columbia MFE and MIT MFin are roughly the same according to QuantNet information. I heard that for the Fall 2021 entering class of MIT MFin, a majority (70-80%) of students were interested in quant tracks. So the class size should not be a huge difference.
3. It is true that Columbia's career service is incomparable to other tier1 MFE programs, but it is being improved. The career support of MIT MFin is also not that competitive either according to comments in QuantNet.
Back to your question, I totally agree that for quant finance career, Columbia MFE is more rigorous. So your choice should depend on whether you want the bright title of MIT, or the solid preparation in Fin Eng by attending Columbia.
 
I've been accepted to MIT MFin too. I'm confident in the program for quant finance. They have strong quant and financial engineering courses that you can take on and you can register for maths/stat/CS courses at MIT if you think it's not enough, so you'd definitely have all the resources you need. And of course MIT is a brilliant accreditation and both MIT and Sloan are renown for their contributions to finance and financial engineering (Thorp, Black and Merton, Cox, Cootner, etc).
 
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