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Old 2007 February 17th, 02:54 AM   #31 (permalink)
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Originally Posted by zzwanforever View Post
Anyone knows about the PhD program in Finance at UW-Madison? I applied for both PhD programs in Economics and Finance.

Apparently, the finance program shows interest in me...Should I go for Finance or Economics? I am almost equally interested in both.
I believe UW-madison has one of the best finance progs in the US. Their placements are very good.
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Old 2007 February 17th, 04:44 AM   #32 (permalink)
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But, I think Chicago has the greatest first-year sequence. Can you imagine getting your core classes from a gang like this:

Gary Becker, Kevin Murphy, Roger Myerson, Hugo Sonnenschein, Thomas Sargent, Rob Shimer, Lars Peter Hansen, James Heckman, Fernando Alvarez.

I can do


I don't know if there is really much of an advantage from getting taught first year courses from these guys. I think the advantage comes later on in doing research under their guidence.

Also, Sargent is at NYU, so unless he is going to be visiting next year, I wouldn't go to chicago so that you can have him teach your core macro
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Old 2007 February 17th, 05:20 PM   #33 (permalink)
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I received an email from the Grad admissions coordinator at Madison yesterday saying:

"Decisions regarding admittance or non-admittance will be made in mid-March at which time you will be notified by letter of the decision."

Has anyone else received a similar email?


----------------
Admitted: Rochester (Tuition+16k)
Pending : 11 more!
Rejections : None (so far)

Last edited by anukriti : 2007 February 18th at 05:40 PM.
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Old 2007 February 17th, 05:32 PM   #34 (permalink)
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I actually received that email in early January. I think it was just a confirmation that all materials have been received.
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Old 2007 February 18th, 08:17 PM   #35 (permalink)
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Originally Posted by PCG View Post
I don't know if there is really much of an advantage from getting taught first year courses from these guys. I think the advantage comes later on in doing research under their guidence.

Also, Sargent is at NYU, so unless he is going to be visiting next year, I wouldn't go to chicago so that you can have him teach your core macro
http://ngandinh.com/sargent.html
Fun.
"This is Wold's thesis. You observe a sequence of yt. Now I am going to give you a free piece of data. The vector of ones."
"If I ask you to invert a 10 by 10 matrix in the midterm, you'll call Sonnenschein, and I will have to see Sonnenschein after the exam. But look at this. What if the matrix is diagonal. That's what came up in Wold' s mind. Maybe because he had such a midterm."
"So we talked about maximum likelihood. This is a macro class, but people told me sometimes it's hard to tell. So I am going to do this. Someone asked me to talk about Bush's tax cut proposal. I'll talk about it. But before I talk about Bush, I am going to talk about the lag operator. They are related."
"You substitute this baby in here. Then you see this. This does not converge. So solving backward is leading to a dead-end, we have to solve forward. President Bush told us: his policies are all about the future. That's a hint!"


http://economics.uchicago.edu/faculty_visiting.shtml
Visiting Faculty & Post-Doctorate Fellows 2006 - 2007
Sargent, Thomas
Visiting Professor
New York University

It seems like he comes every year.

Last edited by Cassin : 2007 February 18th at 08:41 PM.
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