<p>Hey, does anyone out there have any advice or opinions regarding the schools which would be good for a Masters in Financial Engineering (MFE) and what we should major in prior to that? Thanks a lot in advance!</p>
<p>A lot of good ones out there. Of course in my opinion, the best one is University of Chicago for the simple reason that they started the program - but others on this site say it is no longer the best. </p>
<p>As a background, naturally a quantative discipline is in order. I would recommend either: B.Sc. Maths and Physics or Electrical Engineering. </p>
<p>I know a Ph.D in Electrical Engineering who was making 45-50K as an assistant prof. Due to budget constraints, he was not given tenure. He went to work for a leading bank in the trading division and now makes $350K as a quantative/risk analyst (he has gotten over the tenure thing). </p>
<p>Many Wall Street firms hire Ph.D's in Physics and EE without financial training. The background is well suited and it is a smooth transition to finance.</p>
<p>Try Columbia University.</p>
<p>Thanks a lot guys! I am actually planning to read Electrical Engineering. But I was thinking why not Operations Research and Industrial Engineering (ORIE) since financial engineering falls under the same department as it? (in Cornell as least)</p>
<p>Sorry Operations Research and Information Engineering I mean =p</p>