Master's in Financial Engineering Program


Student Profile: MFE Class of 2005


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MFE Class of 2005
Students Applications Received: 251
Number of Admits: 73
Enrolled Students: 60
Women: 20%
Men: 80%
Countries Represented: 14
Average Age at Enrollment: 30
Average Years of Post-University Experience: 5.11
Undergraduate Institutions Represented: 51
Average Undergraduate GPA: 3.43
Graduate Institutions Represented: 31


Quantitative Scores in Percentiles*


  • Average Quant: 91%
  • 99: 8%
  • 97-98: 12%
  • 94-96: 12%
  • 90-93: 30%
  • Under 90: 38%

Degrees Held:


  • Bachelor's: 38%
  • Master's: 52%
  • Ph.D: 10%

Majors


  • Engineering: 42%
  • Mathematics: 2%
  • Economics: 15%
  • Finance: 5%
  • Natural Sciences: 18%
  • Computer Science: 10%
  • Business: 5%
  • Humanities: 3%

Location of Undergraduate Institutions


  • Domestic (26 students)
  • International (34 students)
    • Asia: 28
    • Europe: 4
    • Latin America: 2
    • Middle East: 0
    • Africa: 0
    • North America: 0
  • Breadown of Asia
    • PR China: 13
    • Taiwan: 2
    • Korea: 2
    • India: 8
    • Japan: 1
    • Other Asia: 2

Selected Prior Employment


  • Engineering: 23%
  • Marketing/Sales: 0%
  • Information Systems: 12%
  • General Management: 0%
  • Finance: 33%
  • Research & Development: 13%
  • Project Management: 0%
  • Consulting/Management Services: 8%
  • Planning: 2%
  • Other: 9%

*29% of students who took the GRE got a perfect score

 

Profile
Luca Barone, MFE '05

Luca Barone, MFE 05

"The theory we learned from Professor Mark Rubinstein and his colleagues deals with state-contingent claims, the elementary particles of 'nuclear financial economics'. This theory is especially useful for practitioners because it provides a production technology for duplicating the payoffs of any contingent claim by using an appropriate dynamic strategy. It can also be used to solve the inverse problem of inferring risk-neutral probabilities from the simultaneously observed prices of options and other derivatives"


Current Position:
Exotic Credit Derivatives Sales Strategist, FICC
Goldman Sachs International
London, UK