Finance - course 14 or course 15?

cellardweller
Fri, 27 Apr 2012 10:22:54 +0000

The days are well over when you could pretend to apply for a quantitative finance position with just a BS degree in math, physics or computer science. Strong quantitative skills are necessary but far from sufficient. The field has become immensely more sophisticated in the past decade and most applicants have PhDs or advanced degrees in finance/financial engineering.

The idea that one would have more credibility in quantitative finance with a general degree in math than from Sloan is simply silly. MIT’s finance group within the Sloan School is unquestionably among the most advanced groups in the field of quantitative finance in the world. It offers MS in Finance.
[About Us - Finance Group](http://mitsloan.mit.edu/finance/about/index.php)
It may be possible for undegrads to do research in the Laboratory for Financial Engineering run by Nobel Prize laureate Robert Merton. I would guess that it would be restricted to Course 15 majors because of course pre-requisites.