Quotenoexpert,I hate to bust your bubble, but a PhD in engineering from an Ivy ain't worth shit in finance. If you were getting a PhD from MIT, that might be a different story.Once you get your PhD, you'll need to get your MS in financial engineering before anyone seriously looks at you - like it or not, that's the way it is.nLooking at the placement stats of PhDs in ORFE (i.e. Engineering) at Princeton, several people have done very well for themselves in Finance/Wall St. Assuming "N" was only referring to other engineering programs, It's hard to accept (in fact even think) that engineers from ivy leagues aren't worth much in Finance considering there are tons of them with big positions on Wall St.Of course, adding the no. of engineers from ivy leagues on Wall St vs number of engineers from MIT on Wall St, it's not hard to imagine that former would have more people than latter (8 vs 1)....just stating facts.Coming back to the original post, there isn't much academic value associated with MS in Financial Engineering programs. Although it's true that several people go for them after their PhD, it's equally true that several of them have taken positions in quant finance without them and will continue to do so. Just take a few courses in finance at your uni during your PhD and that should be fine. Speak to the people/alumni in your department or professors in your uni interested in quant finance. They'll give u a good idea on what to expect at this time. It's slightly late for this summer but if u try hard, you can get something (may be at a small fund or even a large bank). If you're done generals, try for internship during fall. It's not late for that at all.