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Many students were asking about the job placement stats for FinMath Chicago program. I asked the director of Career Development to share some employment stats for current class. I thought this is very valuable information for students considering this program, especially since the deadline is tomorrow. Here is the reply that I received:
For the Class of 2013 see below information and please note, I have been granted two additional hires for the Career office. So the goal is to have you and classmates, ready to interview and network. Because before you know it, the year will be up and we will be working (as a staff) very diligently to make sure our students land at the best employers.
To that end:
The Career office provides resume, cover letter, networking, resume referral and as a student you will have access to two career offices. Additionally, we work with our campus partners (i.e. Graduate Student Affairs, central PSD administration and Career Advancement) to provide additional events and resources that will round out your time while in the program.
For the Class of June 2013
94 Graduates (Chicago and Stamford only; 93% of graduating class were international students)
16 have not responded to the survey
This leaves us with information for 78 graduates and a response rate of 83% and of that number:
________________________________________
• 27 or 34% are employed as “Analysts” (i.e. hedge funds, banks, energy firms, trading companies, human capital org.)
• 21 or 28% are employed as “Trader” (i.e. energy firms, banks, prop trading companies)
• 11 or 14% are employed as “Quant Developer” (i.e. banks, prop trading companies, behavioral economics, Grosvenor)
• 10 or 13% are employed as “Consultants” (i.e. Clearing Houses, Deloitte, Navigant Economics)
• 5 or 6% are employed as “Risk Management” (i.e. CME Group, local prop trading firms, Banks)
• 4 or 5% are employed as “Research Assistant/Associate” (i.e. Booth, NBER, Milliman, Energy Firm)
Lastly, 55% of the 78 that responded found employment in Chicago and 14% work in their home country. Additionally, 2012 and 2011 numbers are consistent with this data for this time of the year.
For the Class of 2013 see below information and please note, I have been granted two additional hires for the Career office. So the goal is to have you and classmates, ready to interview and network. Because before you know it, the year will be up and we will be working (as a staff) very diligently to make sure our students land at the best employers.
To that end:
The Career office provides resume, cover letter, networking, resume referral and as a student you will have access to two career offices. Additionally, we work with our campus partners (i.e. Graduate Student Affairs, central PSD administration and Career Advancement) to provide additional events and resources that will round out your time while in the program.
For the Class of June 2013
94 Graduates (Chicago and Stamford only; 93% of graduating class were international students)
16 have not responded to the survey
This leaves us with information for 78 graduates and a response rate of 83% and of that number:
________________________________________
• 27 or 34% are employed as “Analysts” (i.e. hedge funds, banks, energy firms, trading companies, human capital org.)
• 21 or 28% are employed as “Trader” (i.e. energy firms, banks, prop trading companies)
• 11 or 14% are employed as “Quant Developer” (i.e. banks, prop trading companies, behavioral economics, Grosvenor)
• 10 or 13% are employed as “Consultants” (i.e. Clearing Houses, Deloitte, Navigant Economics)
• 5 or 6% are employed as “Risk Management” (i.e. CME Group, local prop trading firms, Banks)
• 4 or 5% are employed as “Research Assistant/Associate” (i.e. Booth, NBER, Milliman, Energy Firm)
Lastly, 55% of the 78 that responded found employment in Chicago and 14% work in their home country. Additionally, 2012 and 2011 numbers are consistent with this data for this time of the year.
