December 16th, 2007, 8:24 am
One of the many problems with the "top school" notion is that there are several factors.Firstly, a university can be great in one area, and abysmal in another, hence my barbed remarks about Kings College CS dept, and not categorising Reading as a university.People here only really care about its MFE programme, although most places draw upon other departments for courses and lecturers.There is also the fact that no two hiring managers will form a consensus on the list of "top schools".One thing that makes me treat the THES list with scorn is the treatment of French engineering schools which have earned a reputation for hardcore teaching.I have yet to form a hard opinion on ETH for MFE.Certainly it is not a bad place, and the alumni I've spoken to seem rather better than average, but it is not on my "top" list because of my own ignorance in detail about the course.This will be rectified and I am beginning to observe an important separating equilibrium in my own perception of masters providers.After the most important bit, which is the quality of what they teach which I care most about, there is the interface with employers and of course headhunters.Some masters programmes (Imperial, Courant, Baruch, Chicago etc) have sought us out and worked on selling their students.Indeed, we had only just started up business when Courant found us, and explained what their students had learned together with a file of the students looking for work.Some places are largely indifferent to us, and the rest want to charge us money to communicate to their students.This matters more now than it did then.Smart kids from good schools can expect to do well, but even in a good market, you still want as many options as possible.But in a slightly rougher market, this can make the difference between being a front office quant, and software development in model validation.