Columbia University (CU) and National University of Singapore (NUS), the two top-ranked institutions, are partnering to launch the double Professional Degree in Financial Engineering.Graduates of the joint venture will earn: * Professional Degree in Financial Engineering by Columbia University * Professional Degree in Financial Engineering by the National University of SingaporeVisit website for more details:http://www.rmi.nus.edu.sg/DPD/index.htmlComments?

Hello,any comments anyone? Do you think this degree will increase your knowledge and your career prospects?The Professional Degree is pitched at a level between a Masters and a Phd. At best, this is a Phd without a thesis and at worst, this is a degree that goes deeper and is more vigorous than a Masters. The only issue is that this program is new and first of its kind (so I understand).

It may be pitched between a Masters and PhD, but that really is not the same as being seen as between the two.Calling it a "professional degree" does not help. Maybe it sounds better in the language of the person who thought the idea up ?The term "Columbia University (CU) and National University of Singapore (NUS), the two top-ranked institutions, " is a bit dodgy. They confess later that NUS is 19th...Such is the demand for MFE courses that I have no doubt that they will get enough applicants. But they have not bothered to explain what they are doing to anyone, because they are assured of the money. Anyone who has done standard economics will recognise what is going on here.And yes, I mean me, amongst others. I talk to people from many of the big courses, a few of the smaller ones, and teach on the CQF, anyone who can't find me is not trying very hard.That sounds arrogant, and for the avoidance of doubt is a valid accusation But I try harder than other HHs to understand what students are actually learning, and I will share that until this thread this course was off my radar.If I don't know, few others will, and there are sad odds that the first any other recruiter hears of it is when the CVs reach his Inbox. I'd guess 70% of applications from people of this course will be thrown away unread, simply because they will fail the ">= MFE" filter that a lot of HHs, HRs and hiring managers use.It's sad, because in a competitive market, I agree with their blurb that more training may give you an edge. The course itself, begs a few questions, since you're supposed to have an MFE before you start.Although it is as thin on detail as any other MFE brochure, they do mention CAPM twice Does someone with a decent MFE need two more opportunities to grasp CAPM ?Perhaps that is how it adds value ?Some people have MFEs from unknown places, maybe the idea is to let them correct that branding issue at a price of US $ 55, 000Also they don't mention C++As a matter of policy now I now never recommend any MFE if it has no C++