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Old 03-30-2008, 07:38 PM   #1 (permalink)
thecandidate
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Financial Engineering vs Information Systems

Hi,
this is a little urgent.
I had a MISM acceptance from Carnegie Mellon earlier this year.
I also received a quick admission to Columbia Financial Engineering program.
I am tied to decide between two programs.
As far as I know MISM is highly reputed in the industry; though my friends in this forum suggested me that the ROI is not enough.
Financial Engineering is also a promising field and Columbia is an Ivy college but what are your opinions when those programs are compared?

ps: I know that there are fundemental differences between the two programs but my background allows me to choose both of them , in that I studied Computer Science and Bus. Adm.
Please pay attention to the Ret. of Inv while comparing the two programs.
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Old 04-02-2008, 01:21 AM   #2 (permalink)
CalmLogic
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I'm surprised you haven't gotten any responses yet. I guess it really depends on your long-term employment goals. You may want to also post in the economics forum. Certainly, I would think there are more H1B sponsorships for traditional IT jobs than financial engineering, which would probably favor the INI program at CMU in that circumstance.

Last edited by CalmLogic : 04-02-2008 at 01:43 AM.
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Old 04-10-2008, 08:33 AM   #3 (permalink)
thecandidate
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Hey man thanks again for the reply, I also made a little research and a masters degree in IT management is almost a necessity especially for an foreigner in order to get a consulting or audit job in IT sector, it is also beneficial (wrt the salary, bonuses etc...) for a US citizen; thus Ill go with the MISM program even if it is too expensive. the fin.eng. program is just too uncertain hence work exp. is much more important in that field.
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Old 04-23-2008, 10:26 AM   #4 (permalink)
finmathguy
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i dont know about the mism program but columbia's mfe program is not considered that much good as well as its' employment rate. i have read that there are problems about curriculum etc. it is not a that much good option if you intend to get in a master of financial engineering program.
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