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I think the thing that differentiates a Cambridge History Grad from a top MFE grad is not so much that the former is considered very smart and the latter isn't. It's more the kind of smart the latter (top MFE grad) is considered: unidirectional; while the former is considered 'generally' smart. To be attractive for jobs outside of your core competency you need to be (or atleast the perception others have of you needs to be that of) a more well-rounded kind of smart. Plus, of course, there's brand. The top MFE programs are mostly all 10-15 years old (time is a factor) and as yet lack a strong universal brand strength.Which brings me to think that the top Statistics Grads, who get an education of a pretty similiar type as MFEs, are not thus hindered. Is there a lesson there? Just guessing.
I think the thing that differentiates a Cambridge History Grad from a top MFE grad is not so much that the former is considered very smart and the latter isn't. It's more the kind of smart the latter (top MFE grad) is considered: unidirectional; while the former is considered 'generally' smart. To be attractive for jobs outside of your core competency you need to be (or atleast the perception others have of you needs to be that of) a more well-rounded kind of smart. Plus, of course, there's brand. The top MFE programs are mostly all 10-15 years old (time is a factor) and as yet lack a strong universal brand strength.
Which brings me to think that the top Statistics Grads, who get an education of a pretty similiar type as MFEs, are not thus hindered. Is there a lesson there? Just guessing.