July 16th, 2002, 5:04 pm
In regard to the comments about programs taking place in the evening providing equal access to practioners as well as full-time students. This situation is pretty muchthe same everywhere. In New York, at Columbia and NYU the programs all are in theevening no matter if you are full or part time. I too don't like this but there you have it.I am sure that other schools do not do this but when you attend school in one of the worldsleading financial centers this is what you get.I am surprised to hear some of the comments relating to City since for the most part peopleseem to speak quite highly of the program in general; however, no program is perfect and to be frank I have never really liked any of the schools I have attended not the least of which was Columbia. I guess once you attend some place you get to know all the dirty secrets etc ... andpeople and places never look as good close up as it were. In general you only get out what youput in no matter where you go. My sister attended Cambridge and had mixed feelings also regardingher experience because the degree is ultimately what you make of it I suppose. Relating to Math Finance programs I was actually not all that impressed with the caliber of studentsat Columbia. While some of them were quite bright a goodly number of the other students were sort ofOh my God! how did this guy get in here! I guess it is the same everywhere. A good friend of mine went toStanford for Math Fin. and was less than impressed with the experience as the faculty basically admitted thatonce you graduate you are on your own as far as finding a job. Additionally, a lot of the courses were apparently to theoretical and they were just taking math classes with engineers, scientists and mathematiciansso the finance applications were virtually not present. It is a real crap shoot my friends at Columbia FE the program basically is an OR degree with a bit of FE thrown in for fun. In any case, if your school has a halfdecent reputation I guess and is in a good geographic location, I suppose you can get a job. Also, if you can do your dissertation with an organization that is pretty good so I guess I wouldn't complain to much especially if it leads to a job. Anyway, it seems that City has a good rep. in the City supposedly; however,it seems like it puts more emphasis on the applied finance side of things and maybe sacrifices a little of themath rigor since it is not in a math dept. I am only guessing.take care a