The Master of Science in Financial Engineering, at Columbia (New-York, USA) is one of the TOP Programs worldwide.
With an extensive elective list, candidates have diverse choices to make. Columbia's location in New York also give it additional points, being close some one of the financial hubs of the world.
Here are some general statistics about the graduate program at Columbia:
Acceptance Rate: 27%
Annual Intake: 300
Application Deadline: Dec 15
Average Age at Entry:
Average Years of Work Experience of Class:
Dissertation/Thesis:
Duration of Program:
Entry Requirements:
--- Minimum GPA 3.0 in the applicant's undergraduate program (A high GPA, as close to 4.0 as possible is more realistic)
--- Bachelor's degree in Mathematics, Engineering, Computer Science, Economics, Statistics, Physics, or another technical discipline.
--- The prerequisites include completed courses in ordinary differential equations, linear algebra, and in a programming language such as C or Java.
--- No minimum GRE / TOEFL scores
GMAT: Not Accepted
GPA: Average - 770 Quantitative, 720 Analytical
TOEFL: Average - 539
International Students: 60%
Male-Female:
Placement Rate:
Required Courses for Completion: 36 credits (13 courses)
Student-Teacher Ratio:
Tuition (2007-08): $1,122 per credit ($40,392 for entire program)
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Here is the summary of extensive discussions from Global Derivatives Forums:
Positives
• NYC placement
• Good for those in the field prior to the program and want to get back quickly
• Wide range of electives
• Practical 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)
• Placement scene competitive (MBA, MAFN, MSFE)
• Biggest class size (80)
Best suited for:
• Freshers with excellent academic background/Professionals with 1-2 years of experience
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