<p>I have a strange application that I will be submitting in the Fall of 09. </p>
<li>College: University of California-Riverside (2000-2006)</li>
<li>BA Economics (2000-2004): 2.5/4.0 GPA</li>
<li>BA Mathematics (2004-2006): 3.7/4.0 GPA</li>
<li>GRE: 700 verbal, 790 quant.</li>
<li>Internship as an Entrepreneur and an intern at Merril Lynch.</li>
<li>Currently at Claremont Mckenna studying for my MS in Financial Engineering. I will graduate in 2009 and currently have a 3.7/4.0 GPA. </li>
</ol>
<p>Will my mediocre undergrad GPA ruin my chances from being accepted into the P.h.D program?</p>
<p>i dont think anyone here is the least bit qualified to answer your question. it seems like your stats have improved nicely over time but PhD programs are typically very competitive and they focus on experience almost as much as academics. good luck.</p>
<p>Getting a PhD takes 6 years. Different situation. Wall Street hasn't blown itself apart yet, and the economy's cyclical. if he get's his PhD by 2014, he'll have a couple of good years before the next downturn :)</p>
<p>You guys don't think derivatives trading will come under heavy regulation soon? And isn't a significant portion of the Financial Engineering curriculum on, oh I don't know, pricing derivatives?</p>
<p>If the dude wants to make money in finance (or make money, period), he wouldn't be wasting another 6 years of his life earning peanuts as a grad student.</p>