COMPARE Rutgers University MQF vs NYU Tandon MFE

[Huijun Zheng]

Rutgers biz school is definitely a better option! Poly is low on reputation.

how low is its reputation?...

 

[sidg]

how low is its reputation?...

I wouldn't say I am completely sure but Poly's reputation is quiet low as compared to Rutgers in general. I might be slightly biased because I have been accepted for Rutgers MQF myself and I am taking it. Still waiting to hear from Poly. But I am sure that even if I get accepted at Poly, I would stay with Rutgers. Rutgers biz school is a better option hands down!

 

[Sonny D]

Depends what you want to do. A Rutgers mba will NOT get you an interview at a top bank (again, RU grad here) in M&A. If you have an undergrad in Comp sci, then an RU MQF or a poly degree will give you a better chance of a quant programmer.

 

[Huijun Zheng]

Depends what you want to do. A Rutgers mba will NOT get you an interview at a top bank (again, RU grad here) in M&A. If you have an undergrad in Comp sci, then an RU MQF or a poly degree will give you a better chance of a quant programmer.

Hi, I am a finance undergrad... what position can an RU MQF or a poly degree get me to?

 

[Huijun Zheng]

I have made an appointment with the director of Rutgers MQF, any specific questions I could help you guys ask about ? @LPM @sidg

 

[l_l_c_p]

I have made an appointment with the director of Rutgers MQF, any specific questions I could help you guys ask about ? @LPM @sidg

1-Since there is no TA/RA we would like to know what percentage of people do get into summer internships or full time internships after 1 or 2 semester of study?
2-What are the roles and positions do grads get after graduation I mean it from a work-type and compensation perspective. This matters because this decides on the impact of the MQF degree in the industry.
3-lastly,what is the break-up for international and domestic students to the numbers in above stated questions.

Thanks
LPM

 

[sidg]

I have made an appointment with the director of Rutgers MQF, any specific questions I could help you guys ask about ? @LPM @sidg

That's great, Hiujun. I think I would be very interested in knowing the things @LPM mentioned. Please share any more information that you're able to fetch! If you do decide to go for Rutgers MQF (which you should), I shall see you there :D

 

[Huijun Zheng]

@LPM @sidg
Here is some info,

1. employment rate. Can't get the exact rate, but about 1/3 of the international students managed to acquired jobs within the US. For Chinese students, the majority of the graduates work in Beijing and Shanghai
2. mid-office, back-office...there are students working in different positions. But not many students actually do FE jobs. The recent recruiters include JP Morgan, Moody's, S&P, Big four,etc.

And he told me about the new lady from Wall Street that runs the career service. She is quite experienced.

And another point he made is that school isn't the most essential factor when seeking jobs. Even some students from MIT cannot get good placement. At Rutgers...well, the situation of individual students differ greatly(some do really well while some unemployed)
Networking is what matters.

For me, the situation is 12000$ scholarship from Rutgers and 8000$ from Poly. So I don't know how to choose yet. those who see this post feel free to give me advice.Thanks.

 

[l_l_c_p]

@LPM @sidg
Here is some info,

1. employment rate. Can't get the exact rate, but about 1/3 of the international students managed to acquired jobs within the US. For Chinese students, the majority of the graduates work in Beijing and Shanghai
2. mid-office, back-office...there are students working in different positions. But not many students actually do FE jobs. The recent recruiters include JP Morgan, Moody's, S&P, Big four,etc.

And he told me about the new lady from Wall Street that runs the career service. She is quite experienced.

And another point he made is that school isn't the most essential factor when seeking jobs. Even some students from MIT cannot get good placement. At Rutgers...well, the situation of individual students differ greatly(some do really well while some unemployed)
Networking is what matters.

For me, the situation is 12000$ scholarship from Rutgers and 8000$ from Poly. So I don't know how to choose yet. those who see this post feel free to give me advice.Thanks.

Thanks a ton man. I also believe its all on you. There is hardly a huge difference that the uni will have on your career prospects . What matter is the experience,networking and knowledge that you possess.
This is what I have been apprised by one of my senior friend.
"Finding A job - The departments are of no help. The career service of nyu and mostly with all posts a lot of jobs but hardly anything is relevant. So, you are on your own which is pretty much the case in all US universities. There are universities like UCB where the director of the program takes personal responsibility of getting students a good job. So, with the benefit of hindsight, I will tell you this - if you are good and can find a job on your own, choose the cheapest program among these options. Paying more makes sense for something like UCB.
My guess would be that you might be one of the top candidates in your incoming class too. Everyone gets some job i think but if you want a good job, you are on your own. They have companies visiting for OCR interviews but most candidates don't qualify. I would say the resources exist but it's your hard work that would land you a job not any of these schools".
So no decision is absolutely correct/wrong . its all subjective

Hope this answers a lot.

LPM

 

[sidg]

@LPM @sidg
Here is some info,

1. employment rate. Can't get the exact rate, but about 1/3 of the international students managed to acquired jobs within the US. For Chinese students, the majority of the graduates work in Beijing and Shanghai
2. mid-office, back-office...there are students working in different positions. But not many students actually do FE jobs. The recent recruiters include JP Morgan, Moody's, S&P, Big four,etc.

And he told me about the new lady from Wall Street that runs the career service. She is quite experienced.

And another point he made is that school isn't the most essential factor when seeking jobs. Even some students from MIT cannot get good placement. At Rutgers...well, the situation of individual students differ greatly(some do really well while some unemployed)
Networking is what matters.

For me, the situation is 12000$ scholarship from Rutgers and 8000$ from Poly. So I don't know how to choose yet. those who see this post feel free to give me advice.Thanks.

I agree with LPM. It all comes down to how well you settle and perform at any school you go for. And networking is key. It is the trump card for landing a job.
I think wherever I go, I want to suck out all the good of the university and program and improve my horizon of knowledge so my job opportunities are not restricted to certain FE jobs or anything. You're on your own at the end of the day.
I will maintain that you should go for Rutgers! A better uni compared to Poly and might have a little more to offer on the career services part. Poly's CS is non existent. Plus the 12k scholarship is an inviting perk. I didn't get any scholarship.

Good luck with whatever you choose!

Sid

 

[C S]

There is hardly a huge difference that the uni will have on your career prospects .

That's not really true. Reputation is incredibly important for the MFE programs particularly. Sometimes I've even heard people say they're only interviewing people from certain schools ("Columbia and CMU only this year because we did NYU a lot last year" etc). A handful of schools get the most elite jobs and whatever remains goes to the best contenders from the "ok" programs.

I'm not interested in a debate. I've been around the block a few times by now. You can take what I say and use it or try to believe otherwise and proceed.

 

[Huijun Zheng]

That's not really true. Reputation is incredibly important for the MFE programs particularly. Sometimes I've even heard people say they're only interviewing people from certain schools ("Columbia and CMU only this year because we did NYU a lot last year" etc). A handful of schools get the most elite jobs and whatever remains goes to the best contenders from the "ok" programs.

I'm not interested in a debate. I've been around the block a few times by now. You can take what I say and use it or try to believe otherwise and proceed.

Whose reputation is a bit better? Poly or Rutgers?

 

[sidg]

Whose reputation is a bit better? Poly or Rutgers?

Whose reputation is a bit better? Poly or Rutgers?

I would say Rutgers for sure. Please let us know @C S

 

[Huijun Zheng]

@sidg

quick question:
"To accept our offer of admission, you are required to pay both a $3,000 non-refundable tuition deposit and a $700 non-refundable MQF activity fee within twenty-one (21) calendar days from the receipt of this e-mail. Please send a check (or money order) for $3,700.00 paid to the order of “Rutgers, The State University of New Jersey” to Office of Graduate Admissions, 1 Washington Park, Suite 124, Newark, NJ 07102."

Does it mean we have to mail the check to that address within 21 days??

 

[sidg]

@sidg

quick question:
"To accept our offer of admission, you are required to pay both a $3,000 non-refundable tuition deposit and a $700 non-refundable MQF activity fee within twenty-one (21) calendar days from the receipt of this e-mail. Please send a check (or money order) for $3,700.00 paid to the order of “Rutgers, The State University of New Jersey” to Office of Graduate Admissions, 1 Washington Park, Suite 124, Newark, NJ 07102."

Does it mean we have to mail the check to that address within 21 days??

Yes, you have to send them the check within 21 days for your admit. I have not done this yet. I shall do it next week since it has just been 12 days since my admit.

 

[IntoDarkness]

the fi desks of my place hiring PPL from all top 7 programs (however Princeton kids never accept our offers as far as the rumor goes). but some MD only want PPL from CMU, because its so easy to find qualified candidates from their program and they work like slaves!

 

[mhy]

some MD only want PPL from CMU, because its so easy to find qualified candidates from their program and they work like slaves!

Probably used to working like slaves. I feel like a slave at CMU LOL

 

[Huijun Zheng]

the fi desks of my place hiring PPL from all top 7 programs (however Princeton kids never accept our offers as far as the rumor goes). but some MD only want PPL from CMU, because its so easy to find qualified candidates from their program and they work like slaves!

May I ask what company are you in? So your place don't hire ppl from other than the top 7 programs?

 

[raghavsp]

hi
I have been admitted to these two programs
I want base my decision purely on placement criteria. It would be great if the current students can shed some light on situation of placements in these two programs which will help me decide

 

[liu-yunpeng]

if you are not worrying about the tuition in NYU, then NYU is a better choice than the Rutgers. Rutgers' mathematical finance is kickingass but the MQF, not so much.