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FAMS
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 11th, 2005, 7:00 am

Hi,I have recently finished MSc Finance, now I haved been offered PhD Finance from Third Tier University. 1st is it worth doing a PhD from that kind of university, any of you had any expereince. Is it true they say MSc (Masters) is judge on University and PhD on the supervisor when going for a job. Any comment and experience will be appericiated. Thanks
Last edited by FAMS on July 10th, 2005, 10:00 pm, edited 1 time in total.
 
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AlphaNumericus
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 11th, 2005, 10:46 am

The schools would like you to believe that once you get a graduate degree from a 'brand name' school, all your problems will be solved. In reality, having a degree from a recognizable school sure helps, and having an advisor whose name is recognized also helps in landing your first job, but it's neiher sufficient, nor all that's necessary.
 
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FAMS
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 11th, 2005, 10:49 am

Yaa, Your right... Thanks
 
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mj
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 11th, 2005, 11:43 am

a famous supervisor is not all that's necessary but it is necessary
 
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DrMMonteCarlo
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 12th, 2005, 11:27 am

Who would be a 'famous' supervisor to have at IC (in stats and math. fin. sections)?
 
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DrMMonteCarlo
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 12th, 2005, 1:13 pm

Prob(getting response|question asked)=?:-)
 
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player
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 12th, 2005, 1:27 pm

davis, albanese to name but 2....The problem with ahving a famous superviosr is that they tend to be incredibly busy.....although given the fact that most superviosr are "busy" I guess this doesnt really come into teh equation
 
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mj
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 12th, 2005, 2:25 pm

QuoteOriginally posted by: playerdavis, albanese to name but 2....The problem with ahving a famous superviosr is that they tend to be incredibly busy.....although given the fact that most superviosr are "busy" I guess this doesnt really come into teh equationdavis , albanese are the obvious two
 
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DrMMonteCarlo
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 12th, 2005, 2:42 pm

what about in the stats section?
 
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ppauper
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 12th, 2005, 7:29 pm

>>Third Tier Universitywhat might be a example of a third tier university ?names please !
 
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N
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 12th, 2005, 11:51 pm

ppauper,Usually, third-tier depends on the department. For example (PhD programs only), schools like ETH, Columbia and Princeton are clearly first-tier on average, but in mathematics it's recognized (by the in-crowd) that they are no better than third-tier (laughable dissertations).The main problem is that they believe their own bullsh*t. I see by far the best work coming from "third-tier" schools.(this may seem harsh, but unfortunately it's all too true)N
 
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DominicConnor
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 13th, 2005, 10:45 am

I know that some people feel they got their jobs because of the status of their supervisor.As player says correctly the great and the good often have little spare time.If you're good enough to impress a top tier academic so that he is prepared to be your supervisor, then a future employer will be quite rational to take that as a good endorsement, especially in the absentof a grading system for PhDs.The brand value of the university does count, but it's a very noisy signal, and the opinions on the relative merits vary wildly.I think few hiring managers have the time to keep track of the 5,000 or so maths, physics and economics departments in the global top three tiers in any way that allows them to make any useful judgement.Even in america alone, you're dealing with hundreds.I think that either they've heard of your supervisor, which is usually good, or almost certainly they haven't. That is a lost opportunity to get points, but since I guess <0.1% of newly minted PhD's have a supervisor that have any useful public image, it isn't something to sweat over.
 
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DrMMonteCarlo
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 13th, 2005, 11:04 am

Infinite thanks DCFC.I have sent you a private msg...
 
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ppauper
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 13th, 2005, 12:21 pm

QuoteOriginally posted by: N Usually, third-tier depends on the department. For example (PhD programs only), schools like ETH, Columbia and Princeton are clearly first-tier on average, but in mathematics it's recognized (by the in-crowd) that they are no better than third-tier (laughable dissertations).that's nice to know !Any ETH, Columbia or Princeton grads here
 
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N
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Is it worth doing PhD Finance from Third Tier University, Is it true the PhD judge on supervisor when going for a job.

July 13th, 2005, 12:32 pm

Any ETH, Columbia or Princeton grads here pp,I really doubt there are any. They cannot make money as buy-side quants! (Anyone can be a sell-side quant, so sell-side quants don't count).