I have got an offer from gatech for Ms in QCF.. Can anyone let me know how is the program in terms of curriculum and placements.Does Gatech offer any placement support for students enrolled in this program..??

Hi, I personally know the curruculum very well. I don't know the placement. The currulum is like a cocktail. They are not mathematially oriented. The financial engineering I covers only the binomial model. The interest rate courses covers the book by robert jarrow 's book on interest rate, which is roughly at the MBA level. I am from a less pretigious program. My financial engineering I course cover the book by Baxter & Rennie. Financial II covers Var, Extreme value theory, etc, Interest Rate course cover the monograph of Rebonato and implement of the Hull-White model, calibration of the longstaff/schwartz.

QuoteOriginally posted by: kuirulHi, I personally know the curruculum very well. I don't know the placement. The currulum is like a cocktail. They are not mathematially oriented. The financial engineering I covers only the binomial model. The interest rate courses covers the book by robert jarrow 's book on interest rate, which is roughly at the MBA level. I am from a less pretigious program. My financial engineering I course cover the book by Baxter & Rennie. Financial II covers Var, Extreme value theory, etc, Interest Rate course cover the monograph of Rebonato and implement of the Hull-White model, calibration of the longstaff/schwartz.Are you sure you know it so well? We do not have courses entitled Financial Engineering I and II...and what specific interest rate courses are you referring to? Before I jump to the conclusion that you have no clue what you are talking about, let me first make sure that you are referring to Georgia Tech's MSQCF program, and not something else. Please enlighten us as to how you know the program so well.......

Hi, When I say Financial Engineering I, I mean Stochastic Processes in Finance I, basically binomial model is discussed throughout this course whith little coverage of continuous models. The Fixed Income Securities course uses Robert Jarrow's textbook, which is at bthe MBA level. The math level at GaTech is not very high. I am from another program. I thought about transfering to tech but give up. Some of my fried have auditored these courses, so I know them very well.

Ummm, I still don't think you know what you are talking about...I took the class.......we talked about the binomial model for a bit more than 1 class lecture. Other than that, we covered many other topics (we used Ross's "Probability Models" and Neftci's "An Introduction to the Mathematics of Financial Derivatives"), including a review of probability theory, topics in discrete stochastic processes like Markov chains (discrete form), other topics like brownian motion, martingales, ito's lemma, stoch calculus, simulation techniques, an intro to the derivation of black-scholes (you see more of this in other classes), etc...In stochs 2, that's where you see continuous stochs models, using Shreve's book "Stochastic Calculus for Finance II : Continuous-Time Models". Yes, the program is not as mathematical as NYU or University of Chicago, but nonetheless, you have so many options on how you taylor your classes, that you can make it more mathematical or more MBA-like, depending on your preferences. You can also cross-register with GSU next door...they offer several good classes in their mathematical risk management program.Anyways, don't offer your opinion unless you know what you are talking about. One should not speak authoritatively unless he is an authority on the matter.

I am exactly from the "other program next door". Right now I am implementing the hull-white trinomial lattice to price a libor cap, and to use to price a libor swap using the parameters obtained in this method. The course is taught by a former tech professor, Ajay S.... . In the other FE II courses, I have just simulated the Var and expected short fall for equity-indexed-annuity, which looks like a look back option. The course is taught by the founder of Carnegie Mellon FE program, which is now Chairman of the ...... I actually worked in the Georgia Public School System, which can pay me tuition to take courses within the system. I have thought about enroling at tech, but I missed the application deadline. Well, things turned out not to be too bad. And after one semester, I give up the idea of transfering to tech. Sounds like you really want to be a quant. So am I. Have spend many sleepless evening to try to get into the field. Maybe we can be friend.

Hi, Buddy:After this semester, I would like to find a roommate who is a qcf major at tech. Do your guys have some bulletins?

Hey there,I hope I didn't come out sounding too much like an asshole. Anyways, have you taken the financial econometrics course yet? I was looking at cross-registering and taking that in the fall. Could you PM me with class-specific links that give course contents, etc...I was thinking of perhaps doing a second degree in either statistics here at GT, or the MRM program at GSU. I'd love to learn more about the program.Cheers,Rafael

Unfortunately there are not a lot of courses available this fall. The professor who is teaching financial engineering I is going to retire this year. So this course won't be offered this fall as usual. I think both Financial Engineering I and II will be offered AT THE SAME TIME next spring, which is going to be tough for students with a weak background. I was told that Financial Economics will be offered (by the economic department) for the first time this fall. Again they changed plan. If you are interested, auditoring Financial Engineering II RIGHT NOW is a good idea. The instructor was founder of the Carnegie Mellon FE program and is now chairman of ... He is a fantatic teacher. He has taught us a lot of stuffs that is difficult to learn from books. This semester we have done some interesting simulations of exotic options and its Var. Usually we will have some case studies first such as the Baring Bank and Nick Leeson, Orange County, etc, then we will learn simulatios techniques to evaluate these positions using Excel/C++ add-in. In the rest of the semester we care going to simulate interest rate exposures. We meet every Tuesday from 4:30-7:00 pm at class room south 300. Here is the link to the class schedule of spring, summer and fall semester :https://www.gosolar.gsu.edu/pls/bprod/b ... schedAfter you click to semester, under "sunject" choose, MRMGood luck