1. Tips for Applying for MFE
于洪晨
经济学院金融系 2006级

2. What is MFE? MFE: Master in Financial Engineering Alias:
-MMF: Master in Mathematical Finance
-MFM: Master in Financial Mathematics
-Master in Computational Finance
-Master in Quantitative Finance

3. The subject is an interdisciplinary mix of physics-inspired models, mathematical techniques, and computer science, all aimed at the valuation of financial securities.
Dr. Emanuel Derman
Director & Professor, IEOR, Columbia University
Author, My Life as a Quant

4. A Glimpse at MFE Curriculum
1. Derivative Securities 2. Risk & Portfolio Management with Econometrics 3. Stochastic Calculus 4. Computing in Finance 5. PDE for Finance * (3) 6. Interest Rates & Credit Models(1,4) 7. Scientific Computing (4) 8. Advanced Risk Management (1, 2, 4) 9. Continuous Time Finance (1,3) 10. Time Series Analysis And Statistical Arbitrage (1,3,4,7) 11. Case Studies in Financial Modeling(3,4,9) 12. Computational Methods in Finance (7,9) 13. Project & Presentation 14. Financial Engineering Models for Corporate Finance (1,2)

5. Career Opportunities for MFE
Investment Banks
Hedge Funds
Software and Service Providers
Insurance Companies
Consultancies

7. Available Programs MS, Finance, Princeton University
MS, Computational Finance, CMU
MS, Mathematics in Finance, NYU
MS, Financial Engineering, UC-Berkeley
MS, Financial Mathematics, Stanford University
MS, Financial Engineering, Columbia University
MS, Financial Mathematics, U of Chicago
MEng, Operations Research (Financial Engineering Concentration), Cornell University

8. Available Programs(cont’d)
MS, Financial Engineering, Michigan University
MA, Mathematics of Finance, Columbia
MS, Financial Engineering, Baruch College
MS, Mathematical Finance, Boston University
MS, Quantitative and Computational Finance, Georgia Institute of Technology
MS, Financial Engineering, UIUC
MS, Mathematical Finance, U of Toronto
……Purdue, USC, Rutgers, Oxford……

9. Application Materials
Application Form (online)
1 Official Transcript (Translated in English, in a sealed envelope)
3 Letters of Recommendations (paper/online)
GRE (within 5 years)
TOEFL (within 2 years)
Personal Statement/ Statement of Purpose
Resume/ CV (1-page)
Application Fee
Others

10. A Successful Applicant Profile
Strong academic record, particularly in math courses
Proven English ability
Demonstrated interest in area of study
Attention to detail and deadlines
An all-around “good fit”

11. My Background School of Economics, Department of Finance
Accumulative GPA: 3.73; Rank:12/55
School of Mathematical Sciences (Second Major in Statistics)
Courses Taken: 9; Straight A
GRE:
TOEFL: 113 ( )
Two Internships, One-semester TA experience

12. My Advice for Fin/Stat-Majored
Take more math courses with high scores
A GRE Math Sub score also works
Do as more internships as you can
Learn computer programming (C/C++/Java)
Familiar with at least one statistical analysis software (SAS/STATA/Matlab)
Think yourself as a PACKAGE

13. Recommended Links Official Website of each program
Recommended Books on Quantitative Finance

14. THANK YOU & GOOD LUCK!