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: 580+800+4.5 TOEFL: 113 (29+28+26+30) 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 http://www.markjoshi.com/RecommendedBo oks.html http://www.markjoshi.com/RecommendedBo oks.html http://www.global-derivatives.com

14. THANK YOU & GOOD LUCK!