<p>I’m thinking of applying Ph.D to CUNY Baruch for Finance or Ph.D to CUNY Graduate Center for Financial Economics.</p>
<p>My career goal is to land in NYC Wall st. as a quant, associate or other stable field in finance sector in Wall st.</p>
<p>Due to special circumstance, I can not work and don’t have any work experience.</p>
<p>Do I have a chance of securing a job in Wall st. right after obtaining Ph.D in Finance given that my doctoral degree will be from CUNY?</p>
<p>Not sure if my response will help you - CUNY,especially Baruch is very well known in the NY metro area for its Accounting Programs and to an extent,finance programs too. However, this is for their MAster’s level programs,MS or MBA. I have never heard anything about PhD at Baruch.</p>
<p>Just wondering - will a MBA or MS not suffice for the kind of jobs that you are targetting?</p>
<p>^ I can’t get MBA without work experience. The only prog. that I can apply w/o work exp. is Ph.D. Baruch does have Ph.D for Finance that they accept only 3 students per yr. </p>
<p>Like I said, I can not work due to special circumstances.</p>
<p>Also, quant usually requires Ph.D. With a Finance Ph.D from Baruch will I have a competitive edge from Harvard UG?</p>
<p>You make it seem as if getting into Baruch’s Ph.D. program is easy. I personally don’t think a Ph.D. would edge you out compared to an undergraduate or MBA with substantial work experience.</p>
<p>Also, with no work experience, you better have a background in solid finance/economics research if you plan on applying to doctoral programs in business. There’s no really other way around it since the two types of Finance Ph.D. students are either mid-career changers or undergrad research superstars.</p>
<p>I agree with Oyama. You would need a strong background in business courses. You could also apply to MS programs without work ex. Baruch asks for Work ex even for their MS programs but you could look into other schools in NY like Pace/Fordham/NJIT etc for a MS. Then, after your MS you could go on to do your PhD</p>
<p>If you can’t work now, how will you be able to work once you complete your PhD? In either case, you may not be able to get an MBA but you can try for an MS in mathematical finance or statistics. There are many jobs in high demand with an MS in statistics or a related field, and if your eventual goal is to work on Wall Street getting a PhD isn’t the best way to get to that. PhDs are primarily for people who want to do research.</p>
<p>For example, Columbia offers an MS in financial economics (admitting its first students in the Fall of 2011 - but it’s Columbia, so it being a new program won’t hurt) as well as an MS in statistics an an MS in mathematical finance. Baruch has MS programs in financial engineering; quantitative methods and modeling; and statistics. Fordham has an MS in quantitative finance. Hunter College has an MS in applied statistics…check out other schools to see if they have similar programs.</p>