• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

Is MFE a good fit for me?

  • Thread starter Thread starter nezuko
  • Start date Start date
Joined
8/10/24
Messages
1
Points
1
Hi all,
I(21y/o Female) am a CS undergrad(2023) from a top university in India, with a low GPA(2.5/4). I am currently working in the data science field at a healthcare startup. I scored a 100 percentile on my GMAT FE.
Some background about me:
I've been an academically bright student all my childhood, and was extremely good at math back then. I entered engineering with confidence. In my first year of undergrad, my roommate(who was the topper of our batch) died by suicide; the following year my sister was diagnosed with Schizophrenia. All that had a major impact on me, I couldn't cope, and thought of the degree as a curse in a way(I regret it now). I thought of my 4 years of coursework as something that was to be finished asap and I never put effort into excelling. After my undergrad, I thought I wasn't good enough for CS and that I ruined my career. I gave my GMAT to gain confidence that I still have it in me to study.

My initial plans were to get into the management side and pursue MiM, to shift to consulting as love to work on data-driven strategizing. Now, my friends and family suggested that I check out the MFE program as it is essentially Math, Programming, and Finance. I took up one Finance course (Financial Institutions and Markets) in my last year of undergrad and that sparked interest in me.
However, I am aware that MFE is programming-heavy. I am scared of feeling the same as I did in undergrad again in the MFE program. The MFE courses seem interesting and rewarding but I'm not sure if I should be pursuing it. On the other hand, MiM seems good too; but the courses don't seem as rewarding to me as the MFE courses do. MiM seems like something I would be able to move forward with smoothly.

Another issue is that not all schools offering the MFE program accept GMAT scores.
Please give me any advice/suggestions you have; if you feel there are any points I am missing currently which would help me evaluate a little better. No matter what I choose, I want to do it happily with no second thoughts in my mind.
 
I think you should explore quant finance a bit more to get an idea of what its about and whether you’d like the work. If you like your work as a data scientist, quant is somewhat similar, although I doubt any career path post an MiM would be in any way comparable to either data science or quant. It’s a different world.

In a nutshell, quant is, essentially, the application of mathematics to formulate and frame a subjective problem in finance and then solve it programmatically. The programming involved would be quite different from something like CS or SDE and, I would think, a lot similar to data science.
 
Back
Top