Summary of All about MS in Financial Engineering | MBA vs MFE | Top 11 universities

Main Financial Strategies and Market Analyses

The video emphasizes the distinction between career paths for MBA graduates (leadership roles) versus MS graduates (technical roles). MS programs focus on quantitative finance, data analysis, and financial modeling, while MBA programs cover broader business management and leadership skills. The video highlights the strong job placement rates and high starting salaries for graduates of these programs, indicating a demand for technical skills in finance.

Differences Between MBA in Finance and MS in Financial Engineering

• Curriculum Focus:
  • MBA: Broader business management and strategic finance.
  • MS: Quantitative finance, programming, and mathematical models.
• Skill Set:
  • MBA: Leadership and management of financial teams.
  • MS: Technical skills in data analysis and financial engineering.
• Career Paths:
  • MBA: Investment banking, financial manager, CFO roles.
  • MS: Quantitative analyst, risk manager, financial engineer.
• Work Experience Requirements:
  • MBA: Typically requires several years of work experience.
  • MS: Can be pursued with less work experience, often requiring a strong technical background.
• Target Audience:
  • MBA: Professionals seeking senior management roles.
  • MS: Individuals interested in technical finance and data science.

Top 11 Universities Offering MS in Finance Related Courses

• MIT Sloan School of Management: Master of Finance, $150,000 average salary, $88,000 tuition.
• UC Berkeley: Master's in Financial Engineering, $155,000 average salary, $80,000 tuition.
• Columbia University: Master's in Financial Engineering, $153,000 average salary, $88,000 tuition.
• Princeton University: Master in Finance, $62,000 tuition.
• Stanford University: MS in Financial Mathematics, $67,000 tuition.
• NYU Stern School of Business: MS in Mathematics in Finance, $67,000 tuition, $140,000 average salary.
• University of Chicago: MS in Financial Mathematics, $77,000 tuition.
• Carnegie Mellon University: MS in Computational Finance, $83,000 tuition.
• Cornell University: Master's in Financial Engineering, $125,000 average salary, $85,000 tuition.
• UCLA: Master's in Financial Engineering.
• Baruch College: Financial Engineering, $50,000 tuition, strong placement record.

Additional Programs Mentioned

• Georgia Institute of Technology
• NYU Tandon School of Engineering
• North Carolina State University
• University of Washington Seattle
• Rutgers University
• University of Illinois Urbana-Champaign
• Fordham University
• University of Minnesota
• Boston University
• UC San Diego

Conclusion

The video provides an informative overview for prospective students considering a Master's in Financial Engineering or related fields, highlighting the differences from MBA programs and detailing top schools and their offerings.

Presenters/Sources

Nisha from Scholar Strategy and 24 Notar.

Notable Quotes

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Category

Business and Finance

Video