Anyone out there do or know a lot about ORFE?

Colleges and Universities A-Z Princeton University
1

<p>Hey, I'm possibly interested in doing ORFE at Princeton or Wharton at Upenn.</p>

<p>I've read through some threads on ORFE in this forum and wanted to know what people think of ORFE, how hard it is to get into, and any other things I possibly interested student should know to evaluate the program.</p>

<p>Anyone know the ED stats on the program?</p>

<p>I don't really know what questions to ask about this to see if I'd like it, but from what I've read I get the feeling that ORFE offers a much more well rounded education than Wharton in terms of liberal arts, but Wharton does more practical approaches.</p>

<p>Any comments, opinions, or ANYTHING would be greatly appreciated.</p>

2

<p>During the admission process, Princeton asks us to put down the "likely" major (where you can put in as many as 3-4 majors) I am planning to do ORFE and had ORFE as one of my options. The reason for mentioning this is because I doubt that princeton specifically admits students for orfe. I mean, ofcourse they take that into consideration to avoid a whole batch full of ORFE or a batch without single orfe student - but i doubt that ED stats for probable orfe major is any different that any other ed admit.</p>

<p>as far as wharton, the M&T program is a very good program and has many similarity with ORFE at Princeton. Both schools have excellent faculties for FE and good offerings of courses. The difference is in structure of the two programs. IMO M&T is a BA+BS program and it taking biz classes at wharton + physics/engineering classes. There are some quantative methods, OR classes offered but the structure is different as far as programs are offered in a sense that princeton's ORFE has structure/classes specific to ORFE. Ofcourse, wharton's finance faculties are awesome - so if you are interested in plain vanilla finance (without the technicality of FE) it is second to none.</p>

<p>if you are interested in ORFE (which is bringing applied math+physics+finance+economics+statistics+etc together) ORFE at Princeton or M&T at UPenn are both great choices...depending on how much structure you'd like</p>

<p>(i am an '09er, so havent attended any classes...this is just a recollection from my research a year ago...current students are the best sources)</p>

3

<p>What is FE?</p>

4

<p>FE = financial engineering (like in ORFE = operations research and financial engineering) :)</p>

5

<p>yeah princeton has an "open door" policy. you don't apply to specific programs, persay. you apply to princeton and you can do whatever you want if you're accepted. HYS are the same way, you just state the major you're most interested in at the moment (hence there are no statistics for "ORFE" applicants as they technically don't exist).</p>

<p>this is unlike UPenn, Columbia, or Cornell, where you apply to specific programs.</p>

6

<p>Can anyone concentrate in ORFE or do they select a limited number of people, like Woody Woo?</p>

7

<p>anyone can...</p>

8

<p>woody woo is the only selective major at princeton.</p>

9

<p>They're making Finance (a certificate program) selective as well, but those are the only two, I believe.</p>

10

<p>are they really? where'd you get that info? (nooo i wanna believe you're mistaken, but phil is the most credible '09 source there is)</p>

11

<p><a href="http://www.dailyprincetonian.com/archives/2005/01/14/news/11811.shtml%5B/url%5D"&gt;http://www.dailyprincetonian.com/archives/2005/01/14/news/11811.shtml&lt;/a&gt;&lt;/p>

<p>It's not exactly "selective," but it enrollment has become limited, yes. I don't think it'd be too terribly difficult to get in, but there is an admissions process.</p>

12

<p>Bah! I don't like these things where you have to do more applications. Wasn't it hard enough to get into pton? Why more apps? Wahh</p>

<p><em>Returns to writing freshman seminar essays >.<</em></p>

13

<p>Haha, I know! The Finance people claim it's to cap exploding enrollment, but...bah humbug! And yeah, I've started writing my FRS essays too, zant! Such insanity! Haha.</p>

14

<p>oh it also says thats only if you major in ORFE or Econ. isnt getting a finance certificate as an ORFE or Econ major kind of redundant?</p>

15

<p>I guess it would be very easy for them to get the finance certifice since they have to fulfill the same requirements for ORFE or econ, so that's why they're limiting it. Makes sense</p>

16

<p>Aren't most of the finance certificate-receivers econ and ORFE majors? That would make the new admissions policy make sense, anyways. If not, then there's no reason for Bendheim Center to have done what it did, haha. In any case, for econ concentrators, finance provides a more "practical" versus theoretical concentration of study if they're interested in showing that to prospective employers. <em>shrug</em></p>

17

<p>OR/FE is a great major (OK I'm biased with two OR degrees). A bunch of other top flight schools have great OR and/or FE undergraduate programs ... you may want to also check out Cornell, Stanford, Berkeley, UMich, and Columbia among others.</p>

18

<p>finance is a good complement to a BSE</p>

19

<p>So FE is a different concentration than finance? I thought you would cover the same stuff. Can you get the finance certificate in addition to doing FE?</p>

20

<p>yes you can get a certificate in finance in addition to getting a BSE in ORFE. ORFE as i mentioned before goes into a lot more technicality of finance than the normal finance stuff. it is like a marriage between finance and physics.</p>