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Baruch MFE Baruch MFE - Fall 2011 Admission Statistics

dstefan

Baruch MFE Director
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5/19/06
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Fall 2011 Admission Numbers, Baruch College Financial Engineering Program (Master of Financial Engineering program at Baruch College)

Overview
672 applicants
43 admitted (6% admission rate)
32 enrolled (25 full-time, 7 part-time; estimated)

Average GRE Scores - Admitted Students
794 Quantitative
577 Verbal

Majors - Admitted Students
16% - Engineering
29% - Mathematics
30% - Economics/Finance
9% - Physics
29% - Computer Science
5% - Other

Degrees Held - Admitted Students
57% - BS
33% - MS/MBA
10% - PhD

For the first time, the admissions process consisted of two rounds of interview before an admission offer was extended.

Highlights:
- the number of applications is an all-time record; previous high was 514 applications for Fall 2008
- the Fall 2011 full-time cohort is our second largest on record
- on paper, the Fall 2011 cohort is our most selective ever and arguably the strongest ever

More stats can be found on the Baruch MFE Admission Stats web page at Admission Statistics | Master of Financial Engineering program at Baruch College
 
Can anyone please comment on why there is a record-high applications this year?
Is it because of the economic conditions, more people decide to apply to graduate school?
 
It's a research subject and one I'm sure every program would love to have their hands on.
My reasons are the follow

1) Applicants apply to more programs than ever to hedge their chance due to the increasingly competition. As the result, the increase in applicant pool size may not be as pronounced as the increase in application number each program receives.
2) More awareness about MFE programs due to more marketing spending from programs
3) More people graduate from college each year (millennial generation?), coupled with media obsession with Wall Street/trader/quant after the financial crisis
4) The rise of Facebook/Twitter/LinkedIn so people is updated constantly with what their 346 Facebook friends are doing/studying at any moment
 
It's a research subject and one I'm sure every program would love to have their hands on.
My reasons are the follow

1) Applicants apply to more programs than ever to hedge their chance due to the increasingly competition. As the result, the increase in applicant pool size may not be as pronounced as the increase in application number each program receives.
2) More awareness about MFE programs due to more marketing spending from programs
3) More people graduate from college each year (millennial generation?), coupled with media obsession with Wall Street/trader/quant after the financial crisis
4) The rise of Facebook/Twitter/LinkedIn so people is updated constantly with what their 346 Facebook friends are doing/studying at any moment
Solid ... :)
 
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