Search results

  1. Andy Nguyen

    Aerospace to Quant analyst/dev

    Just type aero in the search bar, you will find that we have many members who have transitioned into this space. One of the long-time members @Uncle Max had an aerospace engineering degree, got his MFE from Baruch and has worked in finance space ever since. I know him.
  2. Andy Nguyen

    First Q/KDB+ Project

    Look at this as your Hello World project. Everyone has to start somewhere and you need this to get to a more advanced projects. I would suggest that you post your projects here and link to your github. It's easier for discovery and I can help promote it on LinkedIn for a better reach...
  3. Andy Nguyen

    Profile Evaluation for MFE Fall 2025

    I don't think you are ambitious enough. Apply to a few more top ranked programs, even Baruch. You did a few of they pre-MFE courses and did really well so they have some good idea of how you will perform if admitted. Goodluck.
  4. Andy Nguyen

    A tragedy

    If it makes you feel better, retake it. You can report the highest score on each section from these tests. GRE is a small part of your application so weight the pros and cons.
  5. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 10/3/24 Tower Research: Quant Trader Intern PhD, NYC. JPMorganChase: 2025 Quantitative Analytics Summer Associate Program Bank of America: Global Markets Sales & Trading Summer Associate Program - 2025
  6. Andy Nguyen

    A tragedy

    There are many ways you can ask the programs about this without emailing: during virtual information sessions, or DM them here. We have representatives from many programs here. Don't be afraid, they love questions like this from applicants.
  7. Andy Nguyen

    Profile Evaluation for MSFE US and Europe (Fall '24)

    Depends on the program. Some may not require it, and you have to take it if you apply to some that require GRE.
  8. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 10/2/24 Susquehanna: Quantitative Trading Discovery Day: 2025 UBS: 2025 Sophomore Internship Program - Global Markets - New York Piper Sandler: 2025 Summer Internship Program - Equity Sales & Trading
  9. Andy Nguyen

    Seeking for advice to enhance acceptance.

    GRE is a basic filter that will not signal or improve your profile. You are expected to do well on it, especially the quantitative part. If English is not your native language or you did not get your degree from an English-speaking institution, then you need to show adequate scores on TOEFL, GRE...
  10. Andy Nguyen

    Feedback about Quantitative Finance and Risk Management program at the University of Michigan

    This is the program you refer to https://quantnet.com/resources/university-of-michigan-ms-in-quantitative-finance-and-risk-management.61/ It was unranked in a few times it participated in the QuantNet rankings (2021, 2020) due to lack of data. Its acceptance rate is about 35-40%.
  11. Andy Nguyen

    MFE Profile Review

    Good advices above already so I just want to mention the TOEFL. Try to get 110+ on TOEFL when you retake them. It will satisfy English proficiency since you did not get a bachelor from English-speaking institution. This is important because many quant programs do not interview personally and...
  12. Andy Nguyen

    How to get your dream quant internship?

    This may be helpful to members who are currently looking for internships. Joy Pathak is a certified hustler and his true game is networking, networking.
  13. Andy Nguyen

    Baruch MFE The 2024-2025 Pre-MFE Program at Baruch College

    I found some recent reviews of the pre-MFE course from people on LinkedIn. https://www.linkedin.com/posts/eslifolkes_financialengineering-continuedlearning-professionalgrowth-activity-7184965190512168960-jHAb?utm_source=share&utm_medium=member_desktop...
  14. Andy Nguyen

    Investment banking is different from quantitative finance that many of our members aim for. You...

    Investment banking is different from quantitative finance that many of our members aim for. You dont need a quant degree. You need to graduate from a target school.
  15. Andy Nguyen

    Career between compliance and risk management

    Mine is one of many contributors here that you can ask question. Definitely use the search bar and go through many discussion. You will find many many useful bit of advice.
  16. Andy Nguyen

    Profile Evaluation for MSFE US and Europe (Fall '24)

    Some programs will filter out at 165 Q.
  17. Andy Nguyen

    COMPARE Cambridge Mfin vs Columbia MFE

    Regardless of which program, for your own survival in the job market, please build up a strong programming skill. Aversion to programming is seen as a huge red flag by many employers in this industry. If you are not interested in building complex models using C++, at least learn and be really...
  18. Andy Nguyen

    Career between compliance and risk management

    Risk management is a growing segment in finance where your quant degree may be relevant. I would say jobs are plentiful and easier to obtain. Good work life balance. Employers include insurance companies, fintech, etc. Many quant programs specialize in risk management. Follow @Ken Abbott for...
  19. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 9/27/24 Societe Generale - 2025 Masters of Financial Engineering - Global Markets Summer Associate Program - New York. This is an interesting posting as I have never seen any company using this exact name Master of Financial Engineering :) PIMCO - Summer 2025 Intern - Trading Analyst...
  20. Andy Nguyen

    MFE Profile Evaluation MFE / MFIN

    If you want my honest opinion, you need to strengthen your programming skill to get into these top programs. Take the C++ course here or at your local college. One Python course is nowhere near enough. Many of the internship positions these days will use online assessment coding test to filter...
  21. Andy Nguyen

    MFE Profile Evaluation MFE / MFIN

    I would be more confident if you plan for Fall 2026 given the time needed to really prepare for interview from day 1. Remember that Fall 2025 means you should be applying now and for the next few months. Once you start program next Aug, you need to apply for internship on day 1. This may should...
  22. Andy Nguyen

    MFE Profile Evaluation MFE / MFIN

    @staringfungus, meet @grxthy First class honour is rougly 3.8-4.0 in the US scale. You need some serious prep in order to get into those programs but @grxthy has pretty detailed plan. If you are planning for Fall 2026 cycle like he does, then I think this is doable. Aim for all those programs...
  23. Andy Nguyen

    How to verify your QuantNet account

    If you have a verified LinkedIn account and like to get a verified badge here please request per the instructions above. We have many new members coming from LinkedIn so please connect with me and follow QuantNet page. Follow me on LinkedIn
  24. Andy Nguyen

    Manchester Quant Finance

    Hey Nick, I created this page for you and your program. Let's help us update it as much as you can, https://quantnet.com/resources/the-university-of-manchester-msc-quantitative-finance.9254/
  25. Andy Nguyen

    The Chinese University of Hong Kong, Shenzhen - MSc in Financial Engineering

    Programme Overview Launched in 2015 by The Chinese University of Hong Kong, Shenzhen (CUHKSZ) in partnership with The Chinese University of Hong Kong (CUHK), the Master of Science Programme in Financial Engineering is benchmarked with similar master programmes in financial engineering in...
  26. Andy Nguyen

    The University of Manchester - MSc Quantitative Finance

    MSc Quantitative Finance programme is particularly suitable for students with a degree in Finance, Financial Economics, Actuarial Science, Engineering, and Mathematics, as well as relevant work experience (non-compulsory). It is also suited to those wishing to gain salary enhancements, or...
  27. Andy Nguyen

    A roadmap to Quantitative Researcher position at Verition

    The following advice is from Peter Lind who recently started as a Quant Researcher at Verition in their London location. This is one of the most coveted positions by MFE students. The link to his post on LinkedIn is at the bottom. As you can see, this is something that requires patience...
  28. Andy Nguyen

    Baruch MFE Feedback on plan for building profile for Baruch MFE Fall 2026?

    Did you sign up for the pre-MFE courses yet? They are open.
  29. Andy Nguyen

    2025 MFE Admission Roll Call

    As 2025 admission is open, let's get an early start on our QuantNet annual tradition going here so we can share the programs we applied to, the admits/rejects we received and the program we are ultimately joining. Let's keep the format uniform and discussions on their separate programs threads...
  30. Andy Nguyen

    GaTech QCF GaTech launches Center of Finance and Technology

    GaTech Scheller College of Business has launched the Center for Finance and Technology, a new initiative aimed at developing future finance professionals through hands-on experiences and industry connections. Supported by a significant gift from Mike and Jenny Messner, the Center was introduced...
  31. Andy Nguyen

    Profile evaluation - Fall 2025 MFE

    I have seen many cases where applicants chose Chicago due to their scholarship. Moving up on the ranking certainly doesn't hurt their reputation.
  32. Andy Nguyen

    Princeton MFin Princeton MFin Math Assessment

    I was wrong again. Or is it two wrongs make a right. The class size for incoming Fall 2024 is 35 despite the picture showing 26. Many people didn't show up for the picture day. This was confirmed by a current student in the program. This is the second largest cohort since record keeping began in...
  33. Andy Nguyen

    Python Option Pricing & Hedging Tool

    Posting this on LinkedIn for wider exposure. https://www.linkedin.com/feed/update/urn:li:activity:7244005638161231873/
  34. Andy Nguyen

    MFE Profile 2026 Advice/Areas of Improvement

    I like your attitude and approach. You are benefiting from years of mistakes and hindsights made by thousands of people that came before you. Many of us were in your shoes 5, 10 or more years ago. There is no excuse not to take advantage of these data. I see you have a good plan to address some...
  35. Andy Nguyen

    Advice from NYU Courant MathFin graduate

    I have the privilege of connecting with many QuantNet members over the year as they transitioned from a quant student into a practitioner. Many of them generously shared with me their experience using QuantNet to research the programs and the reality of the competitive job market, the skills...
  36. Andy Nguyen

    MFE Profile 2026 Advice/Areas of Improvement

    When I see Fall 2026 in 2024, I automatically like it :) This shows OP does the research earlier and gives himself enough much time to really strengthen the profile and address any weakness. Here is another of our members who are planning for the same set of programs...
  37. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 9/23/24 Federal Reserve Board, DC - Quantitative Risk Analysis
  38. Andy Nguyen

    Profile evaluation - Fall 2025 MFE

    This means state/public universities with good programs and not extremely selective. NCSU is a good choice. They have good relationships and alumni network with regional banks. A typical job profile will be a role in risk management with a regional bank in the area. I think it will be a good job...
  39. Andy Nguyen

    Individual Retail Quant

    Yes, there are million of retail traders/investors created during the Covid boom with the help of platform like Robinhood. For a more complex strategies, people don't usually trade solo since the capital and research involved to generate idea, backtest, execute in enormous. There are plenty of...
  40. Andy Nguyen

    COMPARE Worried Master's Programme is not good enough.

    Let us know how it goes at UCL. It's ranked #3 in the 2024 UK ranking so I think with great effort from your part, you should be able to take advantage of the courses and its alumni network. The job market in the UK is small so it's tougher to compete with the Oxbridge/Imperial graduates.
  41. Andy Nguyen

    Seeking Guidance: Best Colleges for Quant Finance

    In this context, you are only asking for input on the US programs. Select programs that have a proven track record with job placement. Select programs in the geographic locations you like to live and work. Select the programs that place graduates in the job profiles that match your preference...
  42. Andy Nguyen

    Duke MS Quantitative Financial Economics?

    You don't see much because it's already closing down. No longer accept applicants for Fall 2025 https://econ.duke.edu/masters-program/for-prospective-applicants
  43. Andy Nguyen

    How likely am i to be admitted if I meet/exceed the median requirements of the top programs (gpa, gre, internships)

    It depends on the programs. In general, the weaker your GPA, GRE, scores are, the stronger you need to make your essays. A balanced application is always ideal, no matter how moving your essays are, they will not make up for a lack of math, programming courses or low grades. Let us know which...
  44. Andy Nguyen

    Second master

    From this basic info, the info inferred is that you don't have a strong mathematical background (economics/MSFin) so doing another STEM degree is not going to help. You need to address your math and programming weakness. Are you on a student visa and need to enroll full-time?
  45. Andy Nguyen

    Math major, Math+CS double major, stat minor?

    If you are not planning to do MFE, how are you planning to get a quant trader job out of your undergrad? It seems to me you need to research those roles and see what is the requirements. There are wide range of knowledge required for such roles, it depends on the products, the firm, etc.
  46. Andy Nguyen

    Interviewing Hell for Quant Roles

    My take is that your experience is more common than you realize. You are able to secure many interviews in this market so your profile is good enough to get traction. You can keep applying, interviewing and hope your fortune may turn. It seems like you are not open to continue. A Master program...
  47. Andy Nguyen

    Princeton MFin Princeton Master in Finance admission results

    Admission for Fall 2025 admission is open. Anyone applying to Princeton is welcome to post on this master thread to discuss, share their experience.
  48. Andy Nguyen

    Princeton MFin Princeton Master in Finance admission results

    2024 incoming class profile 80% are STEM major $400,000+ in scholarship, a 4x increase from 2022 They mention they unexpectedly yielded a class of 40 students.
  49. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 9/17/24 State Street Internship Interactive Brokers Jump Trading: QR in Hongkong
  50. Andy Nguyen

    Is it necassary to have a high CGPA in order to apply for masters in the US

    If all your core math courses are A then you may have a chance. Retaking the courses with low grades is another option. There are some programs with high acceptable rate you can get in but I wouldn’t recommend. If I were you I would remake my profile, spend another year to address any weakness...
  51. Andy Nguyen

    New Quantnet members say hi

    It would be really great if we can keep this tradition going where new members introduce themselves in this thread. This allows more opportunities to get to know each other and build a professional network. Tell us about you, how you end up here and your plan.
  52. Andy Nguyen

    Understanding the industry and it's many moving parts.

    This is an interesting point, probably true. I haven't seen any active channel from people currently working in trading or any other roles.
  53. Andy Nguyen

    Is an insurance underwriter internship relevant to applying for an MFE?

    I would argue this is your advantage over applicants who have no internships, no?
  54. Andy Nguyen

    Profile evaluation MSFE 2025 fall (pre-application)

    All your goals are doable, timeline is hard to know. To me, it seems you know what you want and the most important task is to find out which programs provide the needed support. Do your homework on this and we may provide input.
  55. Andy Nguyen

    Profile evaluation MSFE 2025 fall (pre-application)

    Your goal is the same as 100,000 others. Let have a discussion to see if we can temper expectation. In my experience career services are very uneven at many programs. Some are nonexistent so you need to investigate this and not rely on some urban legends. If the goal is to have a well paying...
  56. Andy Nguyen

    Profile evaluation MSFE 2025 fall (pre-application)

    Lack some basic info such as your math courses, finance, programming. Did you have C++ or Python courses? Career path, job type short term and long term. Do you need comprehensive career services or you just need the knowledge and degree and can do the rest?
  57. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 9/14/24 Barclays Risk analyst summer internship Schonfeld quant research internship Point72 Citadel Millennium AQR Balyasny
  58. Andy Nguyen

    Auto Rejects from T5 school

    Thanks for sharing. This must be pretty frustrating. I'm sure thousands of people are going through the same experience. I heard people applying to 500+ applications with no result. Couple of quick checks: Did you get your resume checked by your career services people? Did you customize your...
  59. Andy Nguyen

    Profile evaluation - Fall 2025 MFE

    Would be good to share your criteria on picking those programs (tuition, location, job prospect, etc?) so members can advice.
  60. Andy Nguyen

    Advices for an atypical profile looking for MFEs

    EU is clearly more affordable. Its programs are shorter (1 year vs 1.5 years in the US). There are some that are effectively free if you can get in like UZH ETH. The issue I see with many EU programs for applicants is that they have multiple programs from the same university, making it very...
  61. Andy Nguyen

    Profile evaluation - Fall 2025 MFE

    Which programs are you planning to apply?
  62. Andy Nguyen

    Advices for an atypical profile looking for MFEs

    I would start with where you want to do your master, Europe or US. They have unique flavors, culture and requirements. Imagine where you want to live and work 5 or 10 years from now. There are plenty of financial economics programs where there is a strong blend of finance and quant. Columbia...
  63. Andy Nguyen

    Stony Brook MS Quantitative Finance (QF) Program

    This is pretty good take @jarryds. Very valuable information for anyone interested in what SB has to offer. This reinforces my emphasis to prospective students over the year is to research, research, research the programs before they apply or join so there is no costly surprises when it's too...
  64. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 9/12/24: Equinor: Commodity trading internship
  65. Andy Nguyen

    The truth about working at Citadel

    Yes, it gets too much attention I guess.
  66. Andy Nguyen

    The truth about working at Citadel

    A post by a young quantitative researcher. He made his million after 2 years, quit and has been on anti depression medication for the last 4. He touched on various aspects of what it's like working there. Pretty interesting read. https://www.teamblind.com/post/My-experience-at-Citadel-xWczLRHp
  67. Andy Nguyen

    The Coming Glut of Financial Engineers

    It's coming in the 2025 ranking.
  68. Andy Nguyen

    Breaking into quant trading with my unconventional background?

    This is a niche industry and sometimes all you need is the right piece of clue.
  69. Andy Nguyen

    Breaking into quant trading with my unconventional background?

    You may find this reading informative.
  70. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 9/10/24: Verition Fund Management Databricks: software engineering Citizens Bank: Sales and Trading and Equity Research Analyst TD Bank: Quantitative Associate Rotation
  71. Andy Nguyen

    Advise on MFE programs in the Netherlands

    I have a feeling that many MSc programs in Europe focus on academic, highly theoretical, rigorous. Many students go on to PhD. They don't focus on career services, if any. The US programs are more practical, having many practitioners teaching in the program. They tailor the curriculum based on...
  72. Andy Nguyen

    The Coming Glut of Financial Engineers

    It is as relevant today as in 2010 when you wrote it. Can't believe this much time has passed.
  73. Andy Nguyen

    Book suggestion for beginner

    https://quantnet.com/guide
  74. Andy Nguyen

    Breaking into quant trading with my unconventional background?

    Yes. There are finance firms that expands into crypto. That is the most logical path in my opinion. Big firms have very rigid recruitment structure so small firms that have few hundreds employees or less is more flexible to untraditional applicants.
  75. Andy Nguyen

    Breaking into quant trading with my unconventional background?

    Your options is to network with folks in similar space or apply at a small firm as an experienced hire. Fact is there are lot of retail traders especially in the crypto space and unless they make a big splash in the news, it's really really hard to play the crypto game to the big league. Folks...
  76. Andy Nguyen

    New book - A Linear Algebra Primer for Financial Engineering - Dan Stefanica

    Amazon India? https://www.amazon.in/Linear-Algebra-Primer-Financial-Engineering/dp/0979757657/
  77. Andy Nguyen

    Career Advice

    Those programs are not very quantitative. They are from business school and have a flexible curriculum so I guess you would approach these programs different than you do Baruch, CMU, Chicago, etc.
  78. Andy Nguyen

    C++ techniques for $600K high frequency trading jobs

    Per the author's paper: Prefetching Prefetching is a technique used by computer processors to boost execution performance by fetching data and instructions from the main memory to the cache before it is actually needed for execution [22, 59]. It anticipates the data needed ahead of time, and...
  79. Andy Nguyen

    Career Advice

    Programming seems light. Maybe bolster it with C++. Your main objective would be to identify the programs that aligns with your long term career goal. It in itself requires thorough research. Some programs will get you a job but not a career so pay extra attention in this step.
  80. Andy Nguyen

    Stony Brook MS Quantitative Finance (QF) Program

    @jarryds @OldFinaceMan Your thoughts on this? We have very few students in the Stony Brook program, much less review so any piece of information whether true or not can be the only data people have to judge a program.
  81. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added 9/9/24: Quantitative Trader Intern from Tower Research Capital Quant Systematic Trader from Susquehanna International Group Wells Fargo Graduates program. Of interest to our audience is the Quantitative Analytics and Advanced Data and Analytics Program Ultramarin: Internship in Berlin...
  82. Andy Nguyen

    C++ techniques for $600K high frequency trading jobs

    Jobs involving C++ programming for high-frequency trading (HFT) firms and hedge funds can be highly lucrative. Recruiters estimate that total compensation, including salary and bonus, for these positions can reach over $600k, a figure that remains relevant today. However, simply being proficient...
  83. Andy Nguyen

    Financial Engineering Education as Gateway for a Quantitative Finance Career: Efficient Ways to Set Up a Successful Career

    This is a gold mine of advice from @dstefan, director of Baruch MFE program, the #1 ranked program in the US. Many excellent advice on preparing for MFE study and how to plan for a job toward a long successful career.
  84. Andy Nguyen

    Baruch MFE How to Improve My Chances of Getting into the MFE Program at Baruch College

    Per his comment above, I would suspect this is a small item you put in the positive column. Unlikely to be affect decision much but doesn’t hurt to have. If given a choice between FSA, I would spend more effort on other area such as programming and math courses.
  85. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added: Optiver Quant Trader Internship
  86. Andy Nguyen

    What should I do if my end goal is Portfolio management?

    There is no standard path to get there. I think the best way is to use LinkedIn to find profiles with this job type and look at their education and employment to get an idea. Also, look for job listing to see what education and job experience they require. The employers dictate what...
  87. Andy Nguyen

    What should I do if my end goal is Portfolio management?

    Sounds like you target a buy-side job in an asset management firm or the like. These are very competitive to get into. Getting some work experience before joining a master program will be beneficial. It makes your profile stronger for top program. That said it will take lot of relevant...
  88. Andy Nguyen

    What just happened to the tracker?

    The new Tracker will make use of many infographics like this.
  89. Andy Nguyen

    COMPARE UCB MFE vs. Princeton MFin vs. CMU MSCF w scholarship

    Do we have a 5 years report yet? How is our CMU vs Princeton bet doing?
  90. Andy Nguyen

    What just happened to the tracker?

    This should be updated now, right?
  91. Andy Nguyen

    Columbia MFE Columbia MFE admissions results

    I know everyone is joining a program at this point but I'm curious to know what happened to those with the Pending status as of August? Did their status change to something else or we are still hanging as people are applying for Fall 2025?
  92. Andy Nguyen

    Summer 2025 Quant Internship Thread

    Added JPM Quantitative Finance internship link. Credit: @markbogorad You can apply to max 3 positions to pick your most appropriate roles.
  93. Andy Nguyen

    Summer 2025 Quant Internship Thread

    I am going to use this post to list any 2025 internship openings to our members. If you come across any relevant positions, please let me know and I will add to the list. Happy hunting everyone...
  94. Andy Nguyen

    Do’s and Don’ts of MFE Applications

    Bumping this up for new crop of applicants. I worked with Bill a long time ago when I helped screen the applicants to the NYU Courant Math Finance program. His advice is to the point and applicable to all programs.
  95. Andy Nguyen

    Do these courses hold any value in admission process?

    From a cost perspective, these free online courses are a bargain. You can't beat getting knowledge from such famous institutions. In reality, its utility is as good as reading a book. There is no barrier of entry, no rigorous exam and so many people have these skills/certificates these days. It...
  96. Andy Nguyen

    How many internships would you say I need to be a qualified candidate for MFE?

    You don't need an internship to apply to MFE programs but having one, a relevant one is better, would be an edge for admission to competitive programs. It signals that you can handle the interview process successfully.
  97. Andy Nguyen

    Are MFE programs classified as STEM

    All MFE programs are STEM. Many Master in Finance programs in Business schools are now STEM designated as well. The reason is that they need to be designated to attract international students.
  98. Andy Nguyen

    Quant dev career advice

    I would try to focus on your programming skills, do some quant projects as portfolio. Research on the topics relevant to the industry. Then find a job before doing a master program. Try to get a few interviews under your belt so you know what to expect. Quant dev is just developers who work for...
  99. Andy Nguyen

    Profile evaluation for Quant Program 2025

    I would retake the GRE and get a 170 Q. 169-170 Q is pretty much expected to be competitive for the top programs.
  100. Andy Nguyen

    What just happened to the tracker?

    Each program will now have an Application tab where it shows applications from the Tracker to that program. Eventually, we will show up a chart up there with all the crucial stats, GPA, GRE and where each one performs...
  101. Andy Nguyen

    What just happened to the tracker?

    We just imported the Tracker applications into a new system. Those old pending applications that were not updated after a year will be automatically assigned to Rejected. The timestamp is of the time of import. I'll update the timestamps to show the 2024 applications first.
  102. Andy Nguyen

    Baruch MFE Feedback on plan for building profile for Baruch MFE Fall 2026?

    Pretty solid plan for Fall 2026. I like that you leave enough time to properly learn and prepare. This is the exact plan that I would do. Get distinction on all of your pre-MFE courses and Bob's your uncle. Don't forget the QBA.
  103. Andy Nguyen

    Are MFE programs only for rich kids?

    This is the tuition cost curves of the top 15 MFE programs. We track tuition data over the 10+ years. Some programs raise tuition cost 5% every year. It's fair to say many students won't get a good ROI. A lot of people coming into the degrees because they saw on Tiktok, Youtube, IG where some...
  104. Andy Nguyen

    Are MFE programs only for rich kids?

    This discussion is still relevant today as it was a decade ago. We have a surge of interest in quant finance industry from students whose household income is lower and $100K for tuition is a fortune. This causes a big dilemma of how to afford an MFE degree to then get a $150K/year jobs. The...
  105. Andy Nguyen

    Profile evaluation for MFE 2025

    Take the cost into consideration as well. Let say you get into all top 10 programs, are you comfortable paying $120K tuition for Princeton and MIT on top of living expense? There is a huge cost difference between them and the other programs. If you are from India, the financial consideration is...
  106. Andy Nguyen

    Resume Review for MFE Applications for the 2024 cycle

    It would be a big loss for the community if you haven't share these amazing result on the Tracker. Also be sure to let us know which program you joined.
  107. Andy Nguyen

    Profile evaluation - Fall 2025 MFE

    Take as much time as you need for the ID target programs phase :)
  108. Andy Nguyen

    Profile evaluation - Fall 2025 MFE

    Your competitive edge is that you guys are working, building up on your experience. This means you can take as much time as you need to complete any missing requirement (math/finance/programming) before applying. This will make you much stronger than other applicants who apply out of undergrad.
  109. Andy Nguyen

    How important are career services in MFE/MFin programs?

    There are several assumptions being made here. It would be beneficial to point out that career services are uneven. Some are like having a white glove service, others are more like assembly line with no personalized services. Career services people come and go which cause great disruption. Some...
  110. Andy Nguyen

    How to prepare for Financial Engineering programs, Part 1

    This may be useful for new members who want to get a rough idea of how to plan their preparation.
  111. Andy Nguyen

    Chances of MFin application

    Welcome to QuantNet. You will need to meet all the requirements for the programs you are interested in, mainly math. It may not something that you can fill quickly. In any case, if you have met all the requirements, go ahead and apply to the top 10 programs. Being an Aussie would be an asset for...
  112. Andy Nguyen

    Should I get a MFE or not?

    There is zero chance you get a job in the US without going school here. It's the world's financial center for a reason. This means you will be one among a couple of thousands quant students looking for jobs. Pay will be high. Competition is pierce. Welcome to QuantNet, the first step on your...
  113. Andy Nguyen

    Quant projects

    Good timing. We are opening a section for our members to put up their quant projects to share with other members. This is a great place to start. https://quantnet.com/resources/categories/projects.9/
  114. Andy Nguyen

    My chances of getting into a mfe program in US, UK

    It has the lowest acceptance rate but don't let that discourage you. As long as you meet all the requirement, they will consider and interview you. With the right preparation, you can make it there. They have no fixed class size and will admit anyone who is qualified. A lot of applicants make...
  115. Andy Nguyen

    My chances of getting into a mfe program in US, UK

    Sounds good. Add Baruch MFE to your list. You may have a good shot there.
  116. Andy Nguyen

    My chances of getting into a mfe program in US, UK

    Welcome to QuantNet @Abdo Yes, you will get admitted into many programs in the US/UK. Depends on your list of top programs, you may have to address any missing requirement. Your math background seems rigorous enough. You may need to take a C++ or Python course to strengthen your profile for...
  117. Andy Nguyen

    Chicago MSFM (27k) vs Yale AM (30k) vs NYU MSMF

    Didn't see this until now. Where do you end up?
  118. Andy Nguyen

    The case of disappearing MFE programs

    When you are outside of a large financial center or without a robust career support, the chance of survival is slim. The list of these programs is an example of that. I think many large business school would move in and fill the space. I have been wrong before (many times) but we will see.
  119. Andy Nguyen

    The case of disappearing MFE programs

    Same fate. Worcester Polytechnic Institute Master of Science in Financial Mathematics
  120. Andy Nguyen

    The case of disappearing MFE programs

    Looks like the New Jersey Institute of Technology MS in Mathematical and Computational Finance program disappeared. MS Program in Mathematical and Computational Finance
  121. Andy Nguyen

    Collection of important documents for risk management

    @Ken Abbott Any new reading on VaR being phased out and replaced by Expected Shortfall (ES)? When will MFE programs update their curriculum to focus less on VaR?
  122. Andy Nguyen

    Princeton MFin Princeton MFin Math Assessment

    Correct. The data you see there is following the naming of the yearly ranking. 2024 ranking tracks data for Fall 2023 incoming students. This is true and standard practice for most rankings. We surveyed and released the 2024 ranking in late 2023 and the latest admission/employment numbers...
  123. Andy Nguyen

    What can I do more?

    GPA from IIT, Peking, Tsinghua and the likes are well-understood by admission officers so I wouldn't concern about it. They have their own internal scale. Anything you can do from now is contributing positively to the profile. Paper publication is a good signal. Most applicants don't have that...
  124. Andy Nguyen

    What can I do more?

    For Fall 2026, you have a good amount of time to improve you chance and target more competitive program even Baruch. You said you know C++ so I'll take it that you can handle interviews where they ask hardcore C++. Take this Python course to complement your skills. It is a strong signal these...
  125. Andy Nguyen

    2024 MFE Admission roll call

    This profile has the most admits and scholarships in this 2024 roll call. @sliceofpi got a distinction in the QuantNet C++ course. Congratulations. Looks like you are joining Chicago. Enjoy your Chicago slide of pie.
  126. Andy Nguyen

    Internship Ideas to get into Quant down the line

    This is a very broad question about an industry that has a wide range of job functions. You need to narrow down some more specific roles in order to target and plan. You are still early in the process so no need to rush. The more prepared you are, the happier the outcome. I'll start with the...
  127. Andy Nguyen

    2024 MFE Admission roll call

    I am just happy for selfish reason that you are hanging around here longer.
  128. Andy Nguyen

    2024 MFE Admission roll call

    Smart move. I believe this time you will get into better programs.
  129. Andy Nguyen

    2024 MFE Admission roll call

    What is the final call?
  130. Andy Nguyen

    Maths or Programming competition at graduate level ?

    Here is a more comprehensive list, many of them are at undergraduate level. This is more of a trading competition list but it attracts the same crowd. https://www.linkedin.com/pulse/list-quant-trading-events-competitions-students-christina-qi/
  131. Andy Nguyen

    Princeton MFin Princeton MFin Math Assessment

    I was wrong in expecting a higher class size. Even they received over 1000 applicants, they admitted only 26 students in the Fall 2024 incoming class. Probably interviewed 100 people...
  132. Andy Nguyen

    Financial Calculations Packages

    Another Python package from Paul. Thanks for contributing. Let's them grow and the community will benefit.
  133. Andy Nguyen

    Are Stats or Financial Engineering Masters more valuable?

    Here is the latest placement info for Columbia MSFE (Financial Economics) PDF file. Link to Columbia Financial Engineering 2023 employment report. Hard to say which is better given these reports are a year old. We have some mixed reviews of the FE programs lately and very few for the MSFE. I...
  134. Andy Nguyen

    Suggestion on internship

    You have 2 internships which is 2 more than many applicants. As long as you can contribute and learn valuable lessons in those experiences, it will be a big plus in your applications. You are taking the QuantNet C++ course which will give you a leg up and a strong signal to programs that you are...
  135. Andy Nguyen

    Programs that don't weigh work experience heavily?

    No program requires work experience. It may help but not essential. Data point: 82% of CMU MSCF incoming class of Fall 2023 has no full-time work experience. Similar numbers can be found at other programs as well. The typical students in these programs are coming out of undergraduate. Applicants...
  136. Andy Nguyen

    Are Stats or Financial Engineering Masters more valuable?

    Have you consider the Financial Economics programs? There are a few of them that may lead to a PhD down the line. We have a few members here from https://quantnet.com/resources/columbia-university-ms-in-financial-economics.74/
  137. Andy Nguyen

    Profile Evaluation for Fall 2025 MFE and usefulness of MFE

    For your goal of moving to the US, MFE is the only way to go. I'm guess people discouraging you to take this path are still in Italy? There is no reason for any employers in the US to bring you or anyone with similar background to the US when there are thousands of MFE graduates coming from the...
  138. Andy Nguyen

    Wish list for QuantNet 2023 and beyond

    The search box is now having an auto complete feature.
  139. Andy Nguyen

    UCB MFE Should UCB MFE students take summer internship?

    Students usually applying for internship right when they start the program. Internship for Summer 2025 is opening right now for most firms. Being an incoming UCB MFE student, this would be entirely on your own without any support from the program. If you get an internship for next summer and can...
  140. Andy Nguyen

    Wish list for QuantNet 2023 and beyond

    A preview of the updated Tracker with many significant improvement over the current version. All Rejected applications are anonymous by default. This removes another barrier for members who may not use it for privacy reason. Only applications with Accepted/Enrolled show usernames. Even then...
  141. Andy Nguyen

    Wish list for QuantNet 2023 and beyond

    Done. You can select them on the bottom left footer of the page.
  142. Andy Nguyen

    Python Option Pricing & Hedging Tool

    Excellent Mark. This is the first of many projects you will be building I am sure. I hope other members take advantage of this to get idea on how to prepare for a career in quant finance. Thank you for your contribution.
  143. Andy Nguyen

    MFE Evaluation

    Don't worry about GPA. They don't scale with the US GPA. The admission committee at each program will use their interpretation. 1) Start with QuantNet Rankings: Begin your search with the QuantNet rankings for the best MFE and quant finance programs in the US or UK. These highly selective...
  144. Andy Nguyen

    Need advice on MFE programs I have a shot at

    Hard to tell. I would say apply to the programs you are most likely to attend. Don't apply to safety programs. Make a list based on tuition, placement, location, job profiles that fit your preferences. I'm hoping to unveil the new Tracker tool where you can calculate your chance of admission...
  145. Andy Nguyen

    Need advice on MFE programs I have a shot at

    If you aim to get into Baruch MFE and do everything needed to give it a best shot, you may not get into the program (6% acceptance rate) but will greatly improve your chance of getting into the other programs on your list. Take C++: Check. Your 1-month goal seems ambitious but can be done. Many...
  146. Andy Nguyen

    How good is Stony Brook QF program?

    Stony Brook is enrolling a class size of 18 FT, 1 PT this Fall 2024 compared to only 6 FT, 1 PT last year. As a MS/PhD offering by the Math dept, I don't expect a large class size anytime soon but it's good to see this growth in enrollment...
  147. Andy Nguyen

    LSE - MSc Finance and Economics

    This interdisciplinary degree, taught jointly by the Department of Finance and the Department of Economics, offers exceptional graduates from quantitative disciplines the opportunity to study in two of the most highly rated departments in their subject areas in the world.
  148. Andy Nguyen

    LSE - MSc in Finance

    The programme offers high level graduates, whose backgrounds may not necessarily be in finance, a unique opportunity to gain a comprehensive foundation and subsequent depth in the field. One of the most sought after degrees at LSE, the programme attracts some of the very best students from...
  149. Andy Nguyen

    Worcester Polytechnic Institute - MS in Financial Mathematics

    This program has been discontinued. The Financial Mathematics Professional Master of Science program will equip you with the quantitative and technology skills, knowledge, and experience that investment management firms, insurance companies, hedge funds, and financial technology developers are...
  150. Andy Nguyen

    Purdue University - MS in Computational Finance

    Placeholder
  151. Andy Nguyen

    University of Dayton - MS in Financial Mathematics

    Discontinued in Fall 2022 after experiencing a sharp decline in enrollment, averaging only 4 students per year since 2019. The attached PDF details the University of Dayton's decision to close the program. Enrollment in the program over the last five years, by year: 2018 (13) 2019 (6) 2020 (2)...
  152. Andy Nguyen

    Hofstra University - MS in Quantitative Finance

    This program has been discontinued as of 2022 due to low enrollment.
  153. Andy Nguyen

    EPFL - Master in Financial Engineering

    The Master’s program in Financial Engineering (MFE) provides financial education at the forefront of both academic thinking and industry practice and is the result of a multidisciplinary effort involving the Swiss Finance Institute at EPFL, the College of management of technology, and faculty...
  154. Andy Nguyen

    University of Connecticut - Applied Financial Mathematics

    The University of Connecticut’s Professional Master’s in Applied Financial Mathematics prepares a graduate for work in an analytic capacity across a wide spectrum of the financial services industry – investment banks, private equity, hedge funds, mutual funds, consulting firms, investment firms...
  155. Andy Nguyen

    WU Vienna - Master in Quantitative Finance

    In the WU Master’s Program in Quantitative Finance (QFin), you will gain strong financial and computational skills that will make you sought-after in the global finance sector. Study in a truly international environment and lay the foundation for your career as a future quant.
  156. Andy Nguyen

    University of Chicago - Master in Finance

    At Booth, we’ve designed a Master in Finance Program that will provide you with a broad finance education, so that you’re well prepared with the hard and soft skills necessary to navigate the intricacies of this multidisciplinary industry. Our rigorous and transformative MiF Program is for...
  157. Andy Nguyen

    Temple University - MS in Quantitative Finance and Risk Management

    The Master of Science in Quantitative Finance and Risk Management in Temple’s Fox School of Business. This 30-credit master’s degree program is the only program of its kind in the greater Philadelphia region, offering the ideal way to pursue your Financial Risk Manager (FRM) designation and a...
  158. Andy Nguyen

    University College London - MSc Financial Mathematics

    Students will develop a detailed understanding of the application of mathematics, statistics and computation to problems in finance, and will gain the necessary practical tools for the pricing, hedging and risk management of a diverse range of financial products in several asset classes...
  159. Andy Nguyen

    Maths or Programming competition at graduate level ?

    Rotman trading contest where global MFE teams compete every year.
  160. Andy Nguyen

    Florida State University - Financial Mathematics

    The FSU Financial Mathematics Master's degree program was established in 1998, with the cooperation of faculty from Economics, Finance, Risk Management, Statistics, and Computer Science. In 2002 a formal Financial Math PhD program was approved, with our first PhD granted in 2004. The department...
  161. Andy Nguyen

    Illinois MMF program has been discontinued

    Just want to update that this program has been put on hold since 2022. https://quantnet.com/resources/illinois-institute-of-technology-master-in-mathematical-finance.25/
  162. Andy Nguyen

    Erasmus University Rotterdam - MSc in Quantitative Finance

    The programme consists of seven core courses, a seminar (Financial Case Studies) and the master’s thesis. Each core course focuses on either particular econometric methods (including time series models, Bayesian techniques, and Machine Learning methods) or a specific area in finance (such as...
  163. Andy Nguyen

    How good is Stony Brook QF program?

    The unique nature of Stony Brook QF program where a mix of MS/PhD students in the same program reminds me very much of Florida State University where they have a very small class (10 students). Some of these will go on the PhD Financial Math program. They have a large Math PhD program which...
  164. Andy Nguyen

    Best double/triple major for a Quant Developer? interested in too many subjects!

    Read this for some idea on what the level of competition is out there. https://www.efinancialcareers.com/news/michael-khaykin-citadel
  165. Andy Nguyen

    Profile evaluation for MFE 2025

    You should get a >50% shot at some of these programs. I am sure you lowball this to be safe. I will release a tool to give the our members a way to assess their chance against all the applicants based on the data from our Tracker.
  166. Andy Nguyen

    COMPARE UCB MFE or Imperial College Math Finance

    If you have can share you final decision with us, it would be great. You must have a strong profile to get admissions from these 2 top programs. Many applicants would want to compare their profiles to yours so if you are willing, please add your timelines to the Tracker. Thanks
  167. Andy Nguyen

    Oklahoma State University - MS in Quantitative Finance

    The STEM-designated program is a 33 hour program, and students may design their plan of study using one of the three areas of specialization to tailor their studies to meet their professional objectives. Graduates are equipped to apply the tools of quantitative analysis in a wide range of career...
  168. Andy Nguyen

    UT Dallas Master of Science in Financial Engineering and Risk Management

    Looks like the Financial Engineering and Risk Management program is gone and replaced by Master of Science in Financial Technology and Analytics https://fin.utdallas.edu/ms-ftec/
  169. Andy Nguyen

    The case of disappearing MFE programs

    And an article was born. https://www.efinancialcareers.com/news/the-cheap-course-getting-students-hedge-fund-quant-jobs-might-be-in-peril
  170. Andy Nguyen

    HEC Montreal - MSc in Financial Engineering

    Thesis stream Supervised project stream 7 courses (21 credits) 12 courses (36 credits) Research Workshop Thesis (24 credits) Total: 45 credits Supervised Project: organizational intervention mandate, academic case study, specific research mandate or expert opinion (9 credits) Total: 45...
  171. Andy Nguyen

    Profile evaluation for MFE 2025

    A lot of people share your sentiments. Nothing is like home, having your family nearby. Thank you for sharing your advice and experience with people who just starting the same journey.
  172. Andy Nguyen

    Profile evaluation for MFE 2025

    Hey Phani, Welcome back. Haven't seen you for a while. I think keeping the Indian booming market in mind is a good idea as well. Often, MFE grads will work a few years here to pay back their education loan before moving back home. I know a lot of Indian students move back because the H1B process...
  173. Andy Nguyen

    CMU MSCF Difference in acceptance rates between the CMU NYC and Pittsburgh Campus?

    Welcome back :) I think he meant the types of jobs that international can do 20 hours/week while on campus such as working as a lab assistant, TA, etc while maintaining legal F1 status.
  174. Andy Nguyen

    McMaster University - Master in Financial Mathematics

    McMaster’s Master in Financial Mathematics (M-Phimac) program represents the next generation of training in quantitative finance. Like its predecessor, established at McMaster in 2007, the new M-Phimac provides an intensive one-year program that prepares our students for exciting careers in the...
  175. Andy Nguyen

    Washington University in St. Louis - MS in Quantitative Finance

    The MS in Quantitative Finance (MSFQ) program is a powerful combination of mathematical skills and a strategic understanding of financial business decision-making. Designed for students with a strong math background, the technical curriculum is ideal if your career goals include working in...
  176. Andy Nguyen

    ChatGPT

    The **Fichera function** is a concept that arises in the context of partial differential equations (PDEs), particularly in boundary conditions related to PDEs in finance and other applied fields. It is used to define appropriate boundary conditions for the problem to ensure well-posedness...
  177. Andy Nguyen

    UZH ETH - MS in Quantitative Finance

    Master of Science UZH ETH in Quantitative Finance (MScQF) is a highly international degree program offered jointly by the University of Zurich and ETH Zurich. It is ranked number 1 in Europe and on the 7th position worlwide in the RiskNet Quant Finance Master's Guide 2023. Highlights and...
  178. Andy Nguyen

    2024 QuantNet Rankings of UK Quant MSc Programs

    Thank you @blrichard for putting together the list. The great journey starts with this baby step. If you can help, we can create entries for these programs on our list with all the basic info (link, tuition, location, deadline, etc) and fill them over time. I assume you keep on your notes on a...
  179. Andy Nguyen

    Columbia MFE Columbia MFE admissions results

    It's not the end. https://www.nytimes.com/2024/08/14/us/columbia-president-nemat-shafik-resigns.html
  180. Andy Nguyen

    The case of disappearing MFE programs

    You probably are right @kombuchalover The first sign of a dying program, in my limited experience, is an abandoned website. If you see a program's website that still references stats that are several years old, it's a safe bet the program is not pretty good. Someone told me the Temple program is...
  181. Andy Nguyen

    The case of disappearing MFE programs

    Since I made this post on LinkedIn, I found out that the Purdue MS Computational Finance program is no longer accepting students i.e closing down. It has not accepted new students as far back as 2019 per waybackmachine. This is a program offered by the Math Dept. They seem to have another...
  182. Andy Nguyen

    NUS- MSc in Quantitative Finance

    The MSc in Quantitative Finance program at NUS is offered by three strong academic departments in NUS – Department of Mathematics in collaboration with the Department of Statistics and Data Science and the Department of Economics.
  183. Andy Nguyen

    Software engineer -> quant developer

    Your profile reminds me of this member who shared a similar journey. https://quantnet.com/threads/how-quantnets-c-certificates-got-me-a-job-on-wall-street.33504/
  184. Andy Nguyen

    Stony Brook University - Master in Quantitative Finance

    The Stony Brook Department of Applied Mathematics and Statistics offers both a Masters and PhD degree in quantitative finance. Located within a renowned research institution, the program offers a rigorous curriculum designed to equip students with the advanced quantitative and computational...
  185. Andy Nguyen

    education with no work experience

    Work experience is helpful but not a requirement unless specified otherwise by the quant programs. You just have to meet their admission checklist and create a good application to have a shot. Quant masters programs are meant to get you into the industry. If you plan a PhD, then some programs...
  186. Andy Nguyen

    Bocconi - Master of Quantitative Finance and Risk Management

    The Master of Quantitative Finance and Risk Management is a Specialized Master program taught entirely in English. It focuses specifically on quantitative finance and risk management and covers a broad spectrum of technical financial applications. Finance requires a rigorous math oriented and...
  187. Andy Nguyen

    Birkbeck College - Quantitative Finance with Data Science

    The program MSc Quantitative Finance with Data Science program started in Oct 2023 and replaced the MSc Mathematical Finance program. All previous Mathematical Finance students will transition into the new program. Director: Simon Hubbert
  188. Andy Nguyen

    2024 QuantNet Rankings of UK Quant MSc Programs

    Do you mean a ranking for all European programs instead of just UK programs? It would start with a list of good competitive EU programs which frankly I don't have the bandwidth at the moment. If you are willing to put together that list, it probably has a higher chance of happening. Are you up...
  189. Andy Nguyen

    Stanford University - Mathematical and Computational Finance

    The Mathematical and Computational Finance Program at Stanford University (“MCF”) is one of the oldest and most established programs of its kind in the world. Starting out in the late 1990’s as an interdisciplinary financial mathematics research group, at a time when “quants” started having a...
  190. Andy Nguyen

    MFE at University of York

    Hi @jabbawabba Congrats on getting into York MFE. I don't think it has any tracker data yet. If you have a minute, can you please add your profile there?
  191. Andy Nguyen

    Texas A&M Quantitative Finance

    Use the resume book link I posted above and contact the MQF students directly for questions.
  192. Andy Nguyen

    Texas A&M Quantitative Finance

    Clicking on the link in the first post and it shows this on their site "The M.S. in Quantitative Finance is open to A&M Sophomores, Juniors, Seniors and other college graduates". They have a listing of current students with resume book showing 29 students with MQF track...
  193. Andy Nguyen

    Incoming PhD in Computational Materials Science at target school in UK

    Welcome to QuantNet. You have a great start by joining us. 4 years is a good stretch of time to get familiar with different roles, firms, skills required. I would start with the list of reading materials (many are free) here. This gets you the basic lingos and traditional roles. Strongly...
  194. Andy Nguyen

    The case of disappearing MFE programs

    In recent years, I've observed a growing number of MFE programs with shrinking class sizes. Many of these programs are relatively new, often emerging from smaller state universities, while others have been established for much longer. This trend appears to be a result of market dynamics, where...
  195. Andy Nguyen

    UCB MFE UCB MFE placement stats for class 2024 and Internship for class 2025

    I don't know when they will release it yearly on their website. This year seems to be more challenging than in years past in term of placement. Look at the recent reviews to get some more color from 2024 grads.
  196. Andy Nguyen

    Laptop Recommendation for Financial engineering grad student

    Owner of a 2021 M1 Pro 14" Mac entered the room.
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