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bakait
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Joined: January 11th, 2010, 4:34 am

career guidance

February 22nd, 2011, 7:52 am

Hi All,I am a passout from Indian Institute of Technology (IIT),Kanpur and am currently working with a finance startup firm in india as a Quantitative analyst. I am looking to apply for MFE this year. Following is a brief about my profile:Work Experience: 1. Current Firm: Working on valuation/pricing of various kinds of Interest rate/Currency, Overnight, Basis swaps. Worked on Hull White 1 Factor model to price Range Accrual and Callable swaps. 1. Previously firm: around 3 years of software development Experience in IT firm.Education: 1. B-Tech from IIT Kanpur 1. Appearing for CFA Level-3 in June'2011.During my Undergrad, i had done 3 math courses covering Linear Algebra, PDE. In these courses, i got A,B, and C grades.I have already appeared for GMAT 680 (50 Quant, 34 Verbal)I am planning to apply Berkeley, NYU, CMU, columbia, Princeton.I will have the recommendation from my company VP, and from one of the finance professor from a top B-School in USA.Now i would to like to know your response on the following: 1. I haven't done any course in particular on Stats and probability as such, but some of it was covered in CFA and rest of the part, i keep on reading as per work requirement. Do i really need to do any course in Stats? 2. I don't have any big company brand name on my CV, does it really make big difference. I can assure that the quality of the work in my current firm is of very high level. 3. What else do i need to do to improve my profile. 4. What are the chances of my getting selected to the above mentioned schools.Regards
 
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Hansi
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Joined: January 25th, 2010, 11:47 am

career guidance

February 22nd, 2011, 10:50 am

1) I'm sure that most of these programs have some refresher stats courses before joining the program and some required stats courses once you get started.2) Don't think it's that much of an issue, if they accept people directly from undergrad can't see why it would matter.3) Can't really think of anything of the top of my head.4) Can't comment on their admission policy but I'm sure if you apply for all five you'll get in to at least one.
 
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Quant0k
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Joined: January 19th, 2010, 7:50 am

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February 23rd, 2011, 6:38 am

NYU and CMU should be easy with your profile, I know fresh graduates from IIT who have made it. I think the big one there is Berkeley. You will need to work on that application.What I think you will need to clarify on are your low grades in Math courses. Also, what was your bachelors in? You say you have no stats, so probably wasnt in EE. There might be other quantitative courses that you may have done, like maybe FEM? You could talk about those. Highlight programming experience gained both on and off IIT. You have a good profile. Just make sure your SOPs look good.
 
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bakait
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Joined: January 11th, 2010, 4:34 am

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February 23rd, 2011, 8:41 am

Thanks for responding back. My bachelors was in Metallurgy, and yeah, apart from mandatory courses, i didn't do any other math courses. Even though i haven't done any particular course in Stats, but i keep on reading Stats material for example: Regression, various kinds of distribution, hypothesis testing during my work. I was thinking of going for "Stats and Probability" course offered by Actuarial Society of India. Even though, i won't be learning anything new in this course, but at least i will be having a designated course on my CV.
 
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bakait
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Joined: January 11th, 2010, 4:34 am

career guidance

February 28th, 2011, 5:27 am

I am also planning to apply to Oxford, Cambridge, and Imperial. Could anybody please tell me about my chances of getting into these schools. I have heard about Warwick, but don't know much about it? how is it?