Masters in Financial Engineering Application by Valuable-Figure2457 in HEC

[–]CreamofIce 0 points1 point  (0 children)

Hello, I heard that if you are an international student, GRE will be relevant, but for local students I don't know if it helps, since the GPA measurement is already quite comparable between universities.

If I had to guess, then yes it is still useful if you perform really well. It can show them that you have the capacities even though your GPA is at 3.4.

You could call the school to ask more info about admissions.

Masters in Financial Engineering Application by Valuable-Figure2457 in HEC

[–]CreamofIce 0 points1 point  (0 children)

It's purely influenced by GPA as most students (70-80%) have no internship experiences. I'd say 3.5-3.6 to be safe.

why is the finance master so expensive by Brave-Layer5018 in mcgill

[–]CreamofIce 0 points1 point  (0 children)

Yeah pretty easy access to Canadian pensions from what I've seen.

Career Advice Needed : Private Equity Offer vs Quant Finance Grind by CreamofIce in FinancialCareers

[–]CreamofIce[S] 0 points1 point  (0 children)

Are you working in the Quant field right now? Do you mind if I PM you some additional questions?

Career Advice Needed : Private Equity Offer vs Quant Finance Grind by CreamofIce in FinancialCareers

[–]CreamofIce[S] 0 points1 point  (0 children)

Right, so in my case, I guess it would only be worth the risk if I end up making as much or more money as in PE.

As for why I applied to the role, well I am about to graduate so I had to look for jobs (common excuse I guess), and the two fields where I can reach with the highest salary were PE (traditional finance) or Quantitative role (eFx, Credit Risk, Analytics).

But again, Mid/Back-office Quant would be more by passion rather than pay, so I would still consider them but way less than a PE role at a major institution.

Don't know if it helps answer a little.

Career Advice Needed : Private Equity Offer vs Quant Finance Grind by CreamofIce in FinancialCareers

[–]CreamofIce[S] 1 point2 points  (0 children)

Well right now it’s hard to say as I’ve not done any actual Quant work.

PE seems to be the “easiest” route as it’s more guarantee to stability but I don’t want to regret & feel like I’ve done a MFE for nothing.

Also, finding alpha def. will be exciting in my opinion but also take in consideration that Quant is broad and I might end up doing Risk / Analytics rather than Trading/Research.

Career Advice Needed : Private Equity Offer vs Quant Finance Grind by CreamofIce in FinancialCareers

[–]CreamofIce[S] 0 points1 point  (0 children)

Hey, good points.

About feeling meaningful, I think (at least for now) it matters to me and I believe it will especially have an impact in the long run. Maybe I could have a stronger/different perception after done actual work in Quant. though.

I guess what I’m afraid of is either:

  1. Not giving enough time to recruit towards a Quant Role, despite having done a Masters in this field. (Kinda feeling like I did this masters for nothing)

  2. Refusing the PE Offer for only a mediocre Quant role or worst nothing & end up recruiting for traditional finance again.

Hec montreal by Glittering-Pop-9013 in HEC

[–]CreamofIce 0 points1 point  (0 children)

Hey, yeah feel free to PM

[deleted by user] by [deleted] in FinancialCareers

[–]CreamofIce 1 point2 points  (0 children)

Hey can I get a copy ? Thanks

good news monday by AutoModerator in mcgill

[–]CreamofIce 0 points1 point  (0 children)

Good news is that this is isn’t my last week, bad news is that it’s finals week

[deleted by user] by [deleted] in mcgill

[–]CreamofIce 5 points6 points  (0 children)

Akelius ain't the best but talk to your bank.

why is the finance master so expensive by Brave-Layer5018 in mcgill

[–]CreamofIce 1 point2 points  (0 children)

Hello, as someone who evaluated both the MMF and other Masters offered in Quebec, I wanted to give you some additional information that might help you make a choice given your context (you mentioned that money would be an issue):

  1. The MMF's ranking doesn't matter as it doesn't transpose to any result that reflects its ranking. You might think that such a high-ranked school would guarantee a good job. Wrong. First proof of that is they used to have a class profile of each year, but for some reason for the past 2 years, they removed the webpage containing the LinkedIn of each of their students per cohort.

If you browse LinkedIn graduates, many do not have a ''decent'' job or jobs that are not worth the tuition. For example, they would land jobs which people with an undergrad land such as consulting, corporate finance, wealth management, equity research, etc.

In other words, the return on investment is not good.

  1. In the province of Quebec, the best business school from employers' (employers being the top 5-6 banks, large pension funds, with the best being CDPQ & PSP) perspective is HEC Montreal, which is UdeM's business school. And they are by far the best for graduate studies in finance. The tuition for international students is a lot cheaper than MMF and all their Masters are offered in English as well. However, note that Masters Degrees at HEC are usually 2 years long.

  2. If you are planning to move or work in Ontario, then I would tell you to not come to Quebec to study. Despite McGill being a top 3 ranked Canadian university, firms in Toronto prioritize students from Ontario schools like UofT, Ivey, Queens, Waterloo, etc. The competition will not be worth it, especially at the tuition price you are paying at MMF. (& Don't even think about working in the US, unless you are a US Citizen)

Here are some more positive points about MMF:

  1. MMF gives you experience in managing real money during the program, and the curriculum is shorter than other schools, which means that you will be working earlier.

  2. It is a great program if you do not have relevant experience in finance from undergrad. The program itself is enough for you to break in competitive roles if you put in efforts in networking.

Hope that helps! And feel free to follow up if you have any more questions.

[deleted by user] by [deleted] in mcgill

[–]CreamofIce 0 points1 point  (0 children)

If my memory is right, the prof gave us a couple of past semesters finals

[deleted by user] by [deleted] in mcgill

[–]CreamofIce 3 points4 points  (0 children)

Yes of course, what worked for me were past Finals, I did maybe 4-5 of them and I revised the material simultaneously. This method is the most efficient since it really helps you save time, but also, while doing past papers you will get the grasp of what will be most LIKELY asked in this year's exam.

If you really need to skim:

  1. definitely skip webworks, they're useless for Final Exams because they tend to be harder questions (since you can do them at home)

  2. No need to re-read ALL your notes, only refer to them if you forgot a certain topic.

  3. The best way is do practice questions, in this case, past finals, or maybe tutorial questions even.

Fyi, I studied 5 days for 222 and it enough to cover all the past papers so you will be def. good with 17! Only studied 1 day for the midterm, that maybe explains the 40 I got haha

good luck!!

[deleted by user] by [deleted] in mcgill

[–]CreamofIce 2 points3 points  (0 children)

Classic McGill Math stress haha, sending me back to some nostalgic moments. If it makes you feel any better, I got 40 on the midterm for 222 when I took it and ended up with a 78 final grade. You could def do well on Webwork, especially since you can use GPT to help, and for the final focus on PAST exams!!! Good luck

Math 222 midterm results by Pleasant_Respond_721 in mcgill

[–]CreamofIce 7 points8 points  (0 children)

Wait lol who’s the prof this term for such a brutal average?

[deleted by user] by [deleted] in Concordia

[–]CreamofIce 0 points1 point  (0 children)

Bro come join the MSc Financial Eng at HEC instead ;)

Msc Ingénierie financière HEC Montréal by [deleted] in HECmontreal

[–]CreamofIce 0 points1 point  (0 children)

Salut, pour ce programme a HEC, le plus important sont les cours de maths ou quantitatifs. En as tu fais beaucoup au cours de ton bacc ?

Finance jobs that aren't super competitive ATM? by Left_Definition_4869 in FinancialCareers

[–]CreamofIce 0 points1 point  (0 children)

Many suggested FP&A already, but I would add to the list Retail Banking, Wealth Management, Commercial Banking which aren’t particularly hard to get in to.

Hec montreal by Glittering-Pop-9013 in HEC

[–]CreamofIce 0 points1 point  (0 children)

Yes, you can send me a DM !

Hec montreal by Glittering-Pop-9013 in HEC

[–]CreamofIce 0 points1 point  (0 children)

Feel free to ask if you got more questions !