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克莱蒙研究大学金融工程项目情况1
以下是克莱蒙研究大学,Claremont Graduate University金融工程项目的相关情况,内容包括该项目的师资、课程设置、学习内容以及就业服务等相关情况,希望可以给大家一个参考。

  This review was submitted on 1/24/2010 at 18:02:31 by a student who studied full-time in the program from 9/2009-5/2010*

  Can you tell us a bit about your background?

  I graduated in Physics from Harvey Mudd College and went to work for a year in a small business software company as a consultant.

  Did you get admitted to other programs?

  No

  Why did you choose this program (over others, if applicable)?

  N/A

  Tell us about the application process at this program

  I secured admission before leaving my undergraduate program. It was very easy to apply because Harvey Mudd and Claremont Graduate University are just across the street from each other. Thus, most of the admission process was carried out in person. During the rest of the admission process e-mail and phone communication was prompt and helpful. There were no problems with the admission process as the online application was straightforward and well thought out. I did enroll as part of a 4+1 year masters program available to undergraduates of the Claremont Colleges.

  On a scale of 1-10, how would you grade the accessibility of the faculty and staff?

  6

  Programs like Baruch MFE, UCB MFE have refresher courses for incoming students. Does this program offer such courses? How useful was it?

  While the program itself does not have refresher courses, taking courses at the undergraduate institutions of the Claremont Colleges is both possible and encouraged.

  On a scale of 0-10, how would you grade the usefulness of these refresher courses?

  0

  Tell us about the courses selection in this program. Any special courses you like?

  There is a set curriculum of core courses taught in a specific order. Of the 12 required courses, 8 are mandated parts of the curriculum and 4 of the courses are electives. Selection of elective courses is highly teacher specific. If a good teacher is teaching a class it will be gold. The courses I especially like were Financial Accounting (a required part of the curriculum) and Fixed Income (an elective) and I liked those courses because the teachers in the courses were excellent.

  On a scale of 1-10, how would you grade the flexibility of the curriculum?

  9

  Tell us about the quality of teaching

  The teaching quality is quite variable. One of my favorite teachers has won 14 teaching awards during his time at several of the Claremont Colleges. The other favorite teacher is a retired accountant and has put in the effort to write his own book that we use in the classroom. Due to both natural ability and conscious effort, he is an excellent teacher. Other teachers I have encountered have been ‘good,’ although one teacher was terrible. These solidly good teachers give instructive classes but would could to put more effort into coordinating their classes, better tailoring their homework problems, and sharing more ‘pearls of wisdom’ from outside the textbook.

  My teacher rating of 8 indicates that there are at least two excellent teachers, and the majority are good teachers.
 

 

  On a scale of 1-10, how would you grade the quality of teaching?

  8

  Materials used in the program

  Shreve: Stochastic Calculus for Finance I and II

  Hull: Options, Futures and Other Derivatives

  Ferris and Wallace: Financial Accounting for Executives

  Ross, Westerfield and Jordan: Fundamentals of Corporate Finance

  McDonald: Derivative Markets

  On a scale of 1-10, how would you grade the practicality of the curriculum?

  3

  Programming component of the program

  This is the biggest weakness of the CGU MFE program. Little to no programming is done in the core curriculum and the possible programming electives are not well taught nor tailored to finance. The good news is that this weakness has been recognized and is starting to change this year. An independent weekly workshop in C++ is being tested this semester and the Financial Derivatives class from this semester onwards will include a weekly VBA lab.

  Languages: C++, VBA, MATLAB

  Projects

  Two projects are offered. In the asset management class, the endowment for the Peter Drucker School and Masatoshi Ito school is partially managed by teams of MFE’s mixed with MBA’s. There is also a research project in Financial Derivatives.

  Career service

  The career services coordinator is incredible. He and his staff work very hard and he has significant connections with companies ranging from Disney and Barclays. The Claremont Colleges all share the same career services jobs and internships network, thus graduate students can also pursue opportunities from Claremont McKenna College and Pomona.

  There is a small but growing web of alumni contacts, and Professors do pass along job prospects from time to time.

  It is easy to find an internship or full-time position if you take charge. There is not as much active assistance as in other programs I have heard about but the resources are here if you put in the effort to make use of them.

 
On a scale of 1-10, how would you grade the career service for internship and full-time job?

  6

  Can you comment on the social interaction between students of different ethnics, nationalities in the program?

  The CGU MFE program is predominantly foreign of which the majority are Chinese. The program itself is nearly majority Chinese. There are several MFE program-wide events during which interaction occurs between all groups. On a day-to-day basis none of the groups all sit together in cliques.

  What do you like about the program?

  CGU’s best attribute: There are at least two excellent teachers, the majority are solidly good, and a terrible teacher can be easily avoided because they are only teaching elective classes. The teachers are accessible.

  Second best: The high proportion of Chinese students allows for an intimate exposure to China. I sure will use my contacts in China in the future and I have been able to ask colleagues for their opinions on all news I get from China.

  Others: The integration of the CGU job posting network with those of the excellent undergraduate universities nearby allow for a much broader range of opportunities. There is a lot of freedom to take advantage of the resources offered by the school, but the onus is on you.

  On a scale of 1-10, how would you grade the value of the program for the price tag?

  5

  What DON’T you like about the program?

  The fact that programming is not well integrated into the courses and homework is a severe shortcoming. Also, the program is quite theoretical and should be more applied. It many respects the program is a series of classes connected only if the courses are taught by the same teacher. Better integration of the classes into a coherent program would be desirable. There was an attempt to have the Mathematical Finance class integrate with the Numerical Methods for Finance class, but due to a lack of communication between the different professors the classes complemented each other very little.

  Suggestions for the program to make it better

  The suggestion that more programming be introduced into the curriculum has already been somewhat addressed with an independent C++ workshop and weekly VBA lab period. The integration of classes into a coherent program with a single well designed syllabus is a must.
 On a scale of 1-10, how would you grade your experience in the program?

  7

  What are your current job status? What are you looking for?

  The connections the CGU MFE program has in East Asia have been invaluable. I have an internship lined up in Tokyo with Barclays Capital for the Summer of ’10. The internship is in Fixed Income IT support.

  Since I trained as a physicist and worked in business software for a year, I am not sure where I want to head. I will be better informed after my internship.

  On a scale of 1-10, would you recommend this program to others?

  9

  Other comments

  This program is very close to making it big. The alumni network is growing under the expert management of the current career services office, and programming classes are being incorporated into the curriculum. I expect my degree to be worth much more than I paid for it in 3 to 4 years as those graduates in my class and the year before begin reaching high-level positions. I plan to be actively involved with the school in the years ahead and am working to improve the program myself.

  以上克莱蒙研究大学,Claremont Graduate University金融工程项目的相关情况介绍希望能给大家一个参考。