I keep reading this on this forum. I understand that the best reason to do an MFE would be for the sake of education and finding the material interesting. But in terms of GETTING IN to MFE programs:
1) The universities seem very focused on careers - application forms ask for your career goals.
2) Universities care a lot about placement once you get in.
Given these 2 points, surely you must gear your statement of purpose towards mainly talking about your professional experience/career goals, right? Or are you meant to be talking about a particular academic theory/model (say, GARCH) that has caught your interest?
I just don't get this advice that keeps being given on these forums - to forget the career side and focus on the academic side - when the universities seem to only ask about your career aspirations.
Bear in mind, I can very easily get a job in trading straight out of undergrad (indeed, a lot of my friends have and I turned down an offer at an IB), but I am going for a Masters program to further my academic knowledge. However, my statement of purpose is almost entirely based around the fact that I want to be a trader.
I AM NOT TALKING ABOUT how useful an MFE is when you're working as a trader or anything like that, I am talking about ADMISSIONS into MFE programs and how your statement of purpose should be geared.
1) The universities seem very focused on careers - application forms ask for your career goals.
2) Universities care a lot about placement once you get in.
Given these 2 points, surely you must gear your statement of purpose towards mainly talking about your professional experience/career goals, right? Or are you meant to be talking about a particular academic theory/model (say, GARCH) that has caught your interest?
I just don't get this advice that keeps being given on these forums - to forget the career side and focus on the academic side - when the universities seem to only ask about your career aspirations.
Bear in mind, I can very easily get a job in trading straight out of undergrad (indeed, a lot of my friends have and I turned down an offer at an IB), but I am going for a Masters program to further my academic knowledge. However, my statement of purpose is almost entirely based around the fact that I want to be a trader.
I AM NOT TALKING ABOUT how useful an MFE is when you're working as a trader or anything like that, I am talking about ADMISSIONS into MFE programs and how your statement of purpose should be geared.