NTU MSc Financial Engineering

[vickymaj]

Hi Guys,

I am thinking of applying to the above program for the 2015 batch. First of a little background about me. I am from India and hold a Bachelors in Engineering, CFA L2, PRM. I am working in India with an US based Investment Bank in the Structured Trade Review Department.

Does anybody have any information about the NTU MSc Financial Engineering program?
1 - How's the reputation of this program in the ASIAN markets?
2 - Is it better than the NUS MSc in Financial Engineering ?
3 - How are the placements for both NTU and NUS course, like average salary etc. Couldn't find any placement statistics on the net for either of the two.
4 - If I decide to go with the NTU course will it be a good decision to opt for the "Foreigners with 3 years Service Obligation"?

I will be really grateful if somebody can help me out.

 

[vickymaj]

Hi, can anyone please help?

 

[Hemant Dua]

Hi. Check out the following threads:

https://quantnet.com/threads/ms-programs-in-singapore.9495/
https://quantnet.com/threads/discussion-about-singapore-mfe-programs.6208/
Also, http://d36av5f9zaworl.cloudfront.net/QuantNetGuide.pdf

The QN Guide has an entire section on Asian MFE programs. Could be useful

I see that NTU also has an exchange program kind of agreement with Carnegie Mellon University in Pittsburgh.

 

[vickymaj]

Hi Hemant,
Thanks for the links. But still no concrete info. Its really surprising that I cant find any solid info about the how the placements really are for the MFE courses in Singapore

 

[Andy Nguyen]

Usually, programs with strong placement stats or good career services will put up detailed numbers on their website. Absence of those info, it's indicative of many other things, none of it is boosting confidence in prospective applicants.
It's a problem with not only Singaporean programs but US-based as well.

 

[vickymaj]

Thanks for the reply Andy. And those are exactly my thoughts. I am interested in learning Quantitative Finance, but none of the courses out there are cheap and from the looks of things I hardly see many scholarship options as well. Without some detailed info regrading carrer opportunities its really becoming difficult to actually apply for any of the programs out there.

Even on LinkedIn I am unable to find the right people who would have done a MFE course from Singapore.

 

[vickymaj]

Today I got some replies to my email from NTU. After reading that I feel more confused than before . Please find excerpts below:

1 - Can you please provide me some Placement Statistics? I couldn't find any such information on the website. What is the average package 1 can expect after graduating from this course? Information on these lines will be really helpful.

2 - Can you please elaborate on "Foreigners with 3 years Service Obligation"? What are the job prospects under this scheme compared to the normal procedure?

Reply

Thanks for your interest in MFE Programme.


Regarding your queries:

1. Most of the graduates can find a placement within 3 to 6 months after graduated from the programme. This also depends on how well you carry yourself when you applying for jobs and how the market and economics performing.


2. You can find the information on the website: http://www.nbs.ntu.edu.sg/Graduate/MSc_Financial_Engineering/Admissions/Pages/Fees_Financing.aspx

 

[Keith Tan]

1. probably they dont track applications. you might want to contact a recruiter in singapore.

2. As part of the service obligation, the foreign student is required to work in Singapore-based companies upon graduation.

this means you need to work in singapore for 3 years after graduation to qualify for reduced tuition fees. this can be any company of your choosing. there is no additional advantage over regular job seekers. if you intent to stay in singapore for the next 3 years, then this scheme is good for you.

 

[Jfytus]

Hello - I have been accepted for the MFE programme 2017 - NTU. Currently have 4.5 years of work ex of which 3 years is in Goldman Sachs, Bangalore. Am currently a CFA - Level 3 candidate as well .Now trying to do some research whether I should go for the programme or not . Want to move towards Sales Trading side of the things (currently my work mainly revolves around data analytics and data mining etc for the PE group of GS) . If anyone can provide some insights on what are the job prospects in SGP after graduating from NTU , what approximate salary can I get (based on my prior work ex and profile) and whether it would be a good idea to leave my current job and go for this course , it would be really helpful.
Thanks