COMPARE UCB MFE vs Carnegie Mellon University MSCF

  • Thread starter Thread starter JDMe
  • Start date Start date
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
3
Carnegie Mellon University New York, NY 10005 | Pittsburgh, PA 15213
4.70 star(s) 53 reviews
3
Carnegie Mellon University
93 4.2 89 99 97 165.2K 101 16.8 100.6K
Rank
4
University of California, Berkeley Berkeley, CA 94720
4.17 star(s) 41 reviews
4
University of California, Berkeley
88 3.6 79 92 83 168.2K 86 17.96 82.90K
I would hesitate to do an MFE online. If the F500 company was in the bay and you could do Berkeley part time in person it may make more sense. I voted for CMU given the facts you've presented.
 
On one hand, I think the online MFE could a better option if you were later in your career and in a more relevant job but wanting a promotion or more job security. Working for an MFE part time in a non-quant role makes less sense unless you really needed the money to make it through the program.
I will also gain experience and promotions as I complete my degree. However, I just feel like I won't be able to utilize Berkeley's resources to their full potential.
I don't think you're going to get multiple promotions in the first two years of your job, straight out of undergrad. Even if you got close, is IT at an insurance company what you want to end up doing? I don't know the particulars of the role, but I think devoting yourself to full-time study is a better option.

Plus, more experienced users (read: have graduated, and from top programs) say that you really can't do an MFE and a full-time job at the same time if you want to do it right. One or the other would have to give a little, but maybe the nature of your role and the ability to work from home most days counteracts this.
 
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