I am going to be applying to various graduate programs in mostly analytics/quantitative fields, however I had a few questions for post graduate job opportunities for each of the programs (generally speaking not based off of placements) and the value of the degree. I am very keen on these three programs however I will be applying to various other programs as well.
Purdue: Computational Finance (either through the Mathematics or Stats dept) Statistics | Academic Programs | Graduate | Specialization in Computational Finance Computational Finance Program
(elective classes to be potentially taken would be more programming/financial mathematics based)
Carnegie Mellon: MISM Business Intelligence and Data Analytics (BIDA) MISM BIDA Sample Schedule
(elective classes to be potentially taken would be more programming based)
Columbia: Industrial Engineering (Emphasis in Regulated Industries) Operations Research (Emphasis in Optimization or Derivatives Pricing) MSIE Concentration in Regulated Industries M.S. Operations Research
My background is in Electrical Engineering from Purdue (out of state with loans)
I do realize that Purdue is not really known for its "quant" program and ranks between 20-22 and is not near a financial hub which may pose a disadvantage(Chicago is the nearest location 2hrs away). However, if I apply to Purdue I can potentially be FULLY funded if I get in. CF programs are generally expensive (and extremely difficult to get into i.e. IVYs) however I do have a passion for using my computer programming skills and applying it to financial markets. CFs generally get paid a lot if they are able to land a good job (again plausibility of that from Purdue?). I want to get an MBA later (Investment Strategy Track)
Carnegie Mellon's brand name weighs alot in the tech realm and I am also very interested in this program. However what are the job prospects if I do this program? Are there any advantages/disadvantages job perspective wise compared to getting a CF from Purdue? One of my concerns is that I'll be slaving away at a tech corp for a sub avg salary for years. Only stipulation, my eventual goal is to be in finance (get an MBA etc).
Columbia's brand name weighs alot also. I do realize they have an MFE program as well, however I am not sure what the likelihood of be getting accepted is. Please let me know what the job prospects of getting a degree in this program are. (However, my eventual goal is to be in finance and get an MBA later also)
I know there are "other" schools for MFE but right now my concern is evaluating these three schools (job prospects, stability, salary etc) and the best bang for the buck with the goal of getting an MBA after a few years.