The 10-year mark is the first major milestone for any program. That anniversary was celebrated by 105 faculty, alumni, and current students of Baruch’s Master of Financial Engineering (MFE) Program on Sept. 24.
The high standard to which this program is held is reflected in its admissions and employment outcomes. For the fall 2012 class, 640 people applied, 37 were admitted, and 31 enrolled. Of the December 2011 and May 2012 graduates, 95 percent were placed in financial engineering positions with an annual average salary of $100,000. “Employers do not just hire our students. They actively seek them out,” says MFE Program Director Dan Stefanica.
All are quick to acknowledge the essential role MFE alumni play in the program’s success. “Alumni’s continuing support for and participation in the MFE program is what really differentiates it from the others,” says MFE Professor Jim Gatheral, one of the world’s top quants. “New students can and do take full advantage of the experience of their predecessors, and all students, past and current, have access to a uniquely valuable network.” Gatheral joined the MFE faculty after 17 years as managing director at one of the world’s leading investment banks.
—Diane Harrigan
Learn more about the program at www.baruch.cuny.edu/mfe.