EMEQU

Rust went to Yale in 1995 or 1996.

do you really think that this forum will convince you of anything at all???:hmm:

Where did you get this information? As far as I know, among the current second years, only one student was asked to leave.

What is the point of your argument?

This is information beyond my knowledge. What I do know is that econ students may take courses in the SDS department.

The most recent econ graduate did a finance-oriented paper for the job market. You'll find his name under the "econ job-candidates". There is no way you can miss him, as he is was the only econ candidate this year. My current view is now strongly biased in favor of CMU. I like the interaction between faculty and students. The program is so small that you get to know everybody. I like the fact that every Monday and Thursday we have the so-called tea time, where faculty and students meet together and have a cup of tea (or coffee) and cookies. This activity is sponsored by Tepper, and you may guess how attractive it is.

Do you mean econometric theory or applied econometrics? Wrt your second question the answer is yes. Econ students may take the same courses as fin-econ students. The boundary is not very visible. However, if you want to graduate as a PhD in finance, you must pass the finance qual at the end of the third semester.

If we talk about reputation, I'd like to add that the rational expectations revolution started in CMU with Muth and Lucas. Besides Muth, many other famous macroeconomists have graduated from CMU: Costas Azariadis, V.V. Chari, Dale Mortensen, Rajnish Mehra, Ravi Jagannathan, Wouter den Haan, etc.

Well, I would say that there are several differences between Wisconsin and CMU. The first one that comes to my mind is the number of enrolled students. At CMU, the number of students is roughly 30 (including those who study financial economics). I would guess that the number of students is way above 100. In terms of macro, I know Wisconsin had pretty good placements of macro/monetary graduates in recent years: Hernan Moscoso-Boedo (University of Virginia) Giacomo Rondina (UC San Diego) Ethan Cohen-Cole (FR Bank of Boston but he is moving to University of Maryland) Enrique Martinez (FR Bank of Dallas) On the other hand, recent placements of macro/monetary graduates in recent years at CMU include: Fatih Guvenen (formerly at University of Rochester, now at University of Minnesota) Takushi Kurozumi (Bank of Japan) Willem Van Zandweghe (FR Bank of Kansas) You have to consider that the number of job-market candidates at CMU varies between 1 and 3 per year (including financial econ). Since Wisconsin is a big program, I would say that the number of job-market candidates is in the neighborhood of 15. In terms of faculty, Wisconsin has Durlauf, Brock, West, Williams and maybe Engel and Chin (international economics). On the other hand, CMU has Mc Callum, Goodfriend, Kydland, Sleet, Yeltekin, Spear, Ales, Coen-Pirani + finance faculty. Yeah, I should say that some professors in these two sets may not be working with students anymore, but this is something you need to find out by yourself. In terms of stipend, I would guess that if Wisconsin is giving you X dollars, then CMU is offering 2X + laptop. Well, PM if you have more questions. Now I will enjoy my spring break :). EMEQU

412-268-1319 Doctoral program admissions

Sweet! Are you american or international?

I don't know how to prove or disprove your assertion. Of course, you are free to think whatever is convenient for you.

This is bad news dude, hope you get an admit soon.

You should contact the business school and find out what the status of your application is.

I assume you got a nice financial package aid, including a brand new laptop. Unless you have an offer from a way fancier school, you should consider CMU seriously.