QuoteOriginally posted by: awm55QuoteOriginally posted by: meniscusQuoteOriginally posted by: sathishMeniscus, I disagree with your first point. I have seen candidates from Imperial MFE who are utterly useless. How did they get in to Imperial then?I take it that these candidates were those who completed the MFE at Imperial and not those just starting that course? You have to remember that the likes of Imperial and others are fundamentally academic research centres so it's not viable for all courses there to be a true reflection of what's going on on the trade floor even as I write this blurb.Consequently many who graduated from this course will not have the real world knowledge and to certain interviewers they may appear as useless.Also remember the fees at Imperial are very high and so from time to time they may experience shortfalls in applications from "preferred" candidates so they loosen the entry requirements to make up the numbers.Most people on these courses know nothing about the industry. They will know the technical and or theoretical aspects of many areas of finance but don't know how to apply any of it. These courses are used to get another shot at the application process, the knowledge you will learn won't be all that useful unless you plan to seriously get involved with modeling or other quant type work. From the perspective of a salesperson, trader, or structurer, I would not recommend it.I agree, I did my MFE at Imperial and it's highly technical and not even remotely practical and it just seemed like the people in charge preferred it that way or at least they didn't do anything to change it while I was in the program, despite numerous complaints from students. Another factor worth pointing out is that the 2007 intake was 50 students but the 2008 100 so they were definitely taking on more people with less relevant experience. Most people came directly from BSc and had little or no relevant industry experience (myself included)Would be interesting to hear from recent grads of the program if they are skulking about on here since apparently it's been restructured completely since I did it.
Last edited by Hansi
on December 6th, 2010, 11:00 pm, edited 1 time in total.