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<p>The economic crisis was caused by less-than-intellectually-informed financiers who plugged in equations and models derived by scientists and physics and chemistry students, forgetting about the caveats and assumptions that the scientists had explicitly stated.</p>
<p>This is why financial firms are still hot on engineers and science students. They actually know what they’re doing, and they think more critically. In a sense, MIT has as good a finance programme as Wharton. Except that MIT’s “finance programme” consists of thermo, statistical mechanics and heavy quantitative modelling.</p>