August 22nd, 2007, 6:41 am
Computational FInance Hanken the facts:Unstructured programOn the finance side you miss fixed income, exotics, credit derivatives, real continuous times ( beyond basic ito and basic radon nikodem as in neftci you get nothing this is the max) and a lot moreOn the computational side, the courses are absurd, just a selection from a computer science department for undergrads, there is nothing related to financial applications. some intro java is the best you can getemployment record = terrible.the program was initiated not to teach comp fin but as a recruitment grounds for the phd finance program , hanken needs students bec the finnish rewards the universities for about 50k and 150k for each grad (MS and PhD resp)The name computational was chosen as a marketing name to appeal to student and it works well with asians as it seemed.In no way you can compare it to ETH and LSE and so on, you got to approach the content of the program and who teaches it in order to assess it. I admit the name is appealing and here is the catch..