I've always liked math and want to go into finance but i have very little experience with math competitions/cos. In addition to seeking advice from fellow redditors, you should check out GRE Prep Club, which has verified student I honestly don't think ORFE (undergrad) is that narrow. Wharton on the other hand is just pure business. Princeton vs. princeton. Mar 19, 2009 · Looks like its as quantitative as any other MFE program. Open menu Open navigation Go to Reddit Home. Massey, Liu. But yes, ORF is more quantitative then Econ, and the required classes for ORF will be difficult, mathematical classes. And math majors are generally more successful at getting the most competitive trading and quant jobs. Feel free to pm me if you have any questions. Yes, you hear it right, a neurologist for a Fintech quant conference! And the picture is my $75 dollar food. Employer. drcandyman11. Flexibility - Only 5 of your 16 courses are compulsory, and the rest can be chosen independently. While still popular, banking isn't as dominant a force as it used to be pre-2008. I had offers for quant research, trader, and dev, and have noticed that the dev offers tend to be skewed towards base, trader offers tend to be skewed towards bonus, and research offers Jan 4, 2024 · French citizen. For context I’m an incoming sophomore at Princeton in ORFE - was considering COS but ultimately chose ORFE bc of the optimization/ML aspects. 18. Research at ORFE ranges from the design of large-scale machine learning algorithms to their mathematical analysis. My comment refers to the admission rates to Princeton University broadly. 2. Our more than 500 student organizations are created and run by students with support from the University. In general, the base was contained to $100k-$200k and the remaining was in the form of bonus, sign-on and performance. Mar 14, 2020 · Points. These are my possible choices for majors: Finance at MIT. MIT. I already hold an equivalent degree to a MSc in Mathematics. My main goal is to work at a hedge fund but I'm not really interested in programming, at least not spending most of my time programming, though I'm . CS majors are struggling with major layoffs. Source: Math major at Princeton, took many ORFE/COS courses with most friends in those majors. Yes, there is an ORFE student organization known as Princeton Operations Research Society (PORS). Operations research combines the use of optimization, probability and statistics to solve problems in contextual domains such as business, energy systems, health services, financial services, telecommunications and transportation. I’ve been getting a lot of DMs asking about the conference so I figured posting the notes would be useful for everyone. ago. For most people it’s the usual combination of high school math and sciences. Answer is A; quantity A gives 1 vs -1 in quantity B. Specific areas of research include high-dimensional statistics, nonparametric statistics, nonlinear time series, sequential learning, combinatorial statistics, longitudinal and functional data analysis, and robust statistics. Feb 19, 2013 · The ORFE program is a little more geared towards people going into academia or data science or logistics roles, and the MFin program is geared a little more towards preparing people for quant, banking, and PM roles. 2/22/21. and the quant world in general is a narrow career to which many people would be denied entry no matter effort put in, see some context here Pretty sure Penn, Harvard, and Princeton don’t compare to CMU in terms of just CS (ignoring other things like student life and such). You can do anything from an Econ to a CS PhD with it; given a Princeton ORFE degree and a decent GPA, you can find jobs anywhere from Google to WalMart to Goldman in that field. I also really like the curriculum offered by ICME. I like both schools pretty equally. 5. Hey all, I am in quite a tough situation having to pick amongst quite a few very good Ph. Since Princeton is currently rated number 1 for pure math, I suppose that should be my goal (but only for now). do cos, econ, or math. In my opinion, if you want to go for a PhD degree in this field, then go to Stanford. orfe is a complete waste. If you really like CS and you’re confident that you’re going to stick with it, CMU is a solid choice. Princeton has historically had strong placement into places like Goldman, JP Morgan, CS, etc. Degree programs may require Graduate School applicants, including master’s students and those not applying directly out of college, to submit valid test scores to be considered for admission. ), and quantitative approaches to capturing uncertainties in their demand and supply. I made my decision thinking Princeton is on par especially from a math standpoint and students tend to self select out of the finance industry, but I’m definitely second guessing myself and wondering if I messed up. I have been accepted for a Math PhD at MIT, a Statistics PhD at Princeton (ORFE) and a Math PhD at Oxford (UK). The only ones making big money are the quant traders. incoming freshman studying ORFE advice/tips? hello! i'm heading to pt in the fall (class of '26) and applied as an orfe major. Decision: Considering the cost of tuition, If I were you, I would choose St. ORFE is 29% female (60/207 in the classes of '18-'20). Princeton ORFE Ph. edu and look at the course requirements. Meaning, you 'just apply' first and then find an advisor later on during your first year. I came across the PhD in Operations Research and Financial Engineering at Princeton and I was hoping that someone knows something about this. COS vs ECE vs ORFE in terms of software internship prospects Academic/Career Incoming freshman wondering which major would be best for someone working towards an internship first/second year. It seems that quant firms prefer math, CS, and physics because they are more quantitative, but ORFE does give me a very solid stats background. 2/17/11. We would like to show you a description here but the site won’t allow us. Princeton ORFE will prepare you better and not limit ur options. Princeton's feeling the squeeze. AB requires 31 courses, but 4 semesters of independent work are not included so it's really like 35 credits. They mostly hire from Top 10 schools. #3. Funding is provided by the School of Engineering and Applied Science for theses which require financial support. What is your placement record? We would like to show you a description here but the site won’t allow us. Remember. Also there’s no street crime / culture of fear like in New Haven. The ongoing data science and machine learning revolution has had enormous impact on almost every aspect of society and the workplace. Faculty and students contribute to both the foundations of these three im a BSE major, probably ORFE or COS but not completely set on either, wondering if it is okay to push CHM 201 to sophomore year. It is not ideal, but you shouldn't have any problems. But if you arent set on IB, and just interested in finance more generally, id choose princeton because the limiting factor here is ur preparation in more technical Operations Research & Financial Engineering Sherrerd Hall, Charlton Street, Princeton, NJ 08544 609-258-0100 Clio Hall, Princeton, NJ, 08544. So far I am applying to Berkeley, Carnegie for its BSCF, Columbia for its BSOR:FE, NYU (not sure of any undergraduate programs), UPENN (not sure of any undergraduate programs), and Princeton for its ORFE. Operations Research & Financial Engineering Sherrerd Hall, Charlton Street, Princeton, NJ 08544 609-258-0100 Apr 6, 2024 · Our Mission. Also NYC is closer to Princeton (about 80 minutes on the train versus 140 to Yale). Math vs CS vs ORFE. I’d also say Princeton being so undergrad focused makes it less competitive and stressful than Harvard, based on my experience at Princeton and friends’ experiences at Harvard. Jun 29, 2010 · One thing to bear in mind is that ORF majors tend to work in all areas of finance (investment banking, mergers and acquisitions, sales and trading, etc. The conference was for undergrads trying to get into the quant field so it may be a bit amateur to those in the field. Also, I've come We would like to show you a description here but the site won’t allow us. math makes you smarter. This is from Princeton Review Premium Prep 2022 pg. No significant speaker, no companies for networking, only a few talks including a neurologist. Covered will be the physical, financial and social aspects of these technologies. I want to be a quant (QT or QR) and was wondering which major will prepare me the best. Contact: gs@princeton. You don't need research experience. 60% interested in hiking meaning 60 people 75% intrested in soft ball meaning 75 people. i made 501c3 and did lots of debate but i'm super nervous You're initial reaction is correct. An Interdisciplinary Approach. It’s also important to consider the job market right now, but in a few years it will look a bit different. If you're doing any of the technical majors, go into it telling yourself that becoming a fluent coder in one of the big 3 (Java, Python, C) is non-negotiable. Two 90-minute lectures, one 50-minute precept. Even just making a quant role with BC undergrad and without a strong PhD is quite nontrivial. , and to an extent these are self perpetuating. Welcome to the department, we wish you success as you pursue your graduate degree! This handbook describes the basic academic requirements and contains many tips and suggestions for new graduate students in the ORFE department. I'm a second-year Princeton MFin. Not saying stress doesn’t exist at Princeton, but especially if you aren’t pre-med or ORFE at Princeton, it’s easy to avoid high stress and competition. This course is an introduction to commodities markets (oil, gas, metals, electricity, etc. Nowadays quant finance and tech are increasingly a big pull. Best if you want to do a PhD (assuming you applied for a research degree) or if you want to work for Union Pacific, Trans Canada, or BP. Current ORFE senior here. Statistical research at ORFE is focused on the design of new statistical methods and their mathematical analysis. I do recognize that math and CS will probably be harder than ORFE. The data are finalized annually on June 15 and include only degree-seeking candidates. 1. 13. I took multi in high school but was talked into 201 because “Princeton math is different” and I didn’t learn anything new. Which one is more impressive (given you'll be pretty much doing the same type of research in both)? (Just asking out of curiosity; ofc I know I have to choose them based on whether they have good faculty working in my research topics and other stuff more. I would put ORFE and COS in the same difficulty and workload category. 3/13/20. 7. Upenn will be better for IB surely. I'll probably enjoy Harvard more since I have friends going to other schools in the area and I do appreciate the scenery of Boston. Yes this is what I figured. Dude the mid tier stuff far outnumbers quant stuff starting at $200k and all else being equal math or CS is more attractive than ORFE for DE Shaw and places like that. Data on the number of applicants, admitted students and yielded students (that is, admitted students who accepted the offer of admission) at Princeton University's Graduate School. Perspecta Labs. Whatever your interests are now, or whatever new ones you discover once on campus, Princeton offers extracurricular organizations, clubs and centers for you. Check out orfe. • 3 yr. Example: <Hudson River Trading> <Algo Developer> Jul 4, 2014 · An Intuition-Based Options Primer for FE Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Notes from the Princeton Quant conference. If you have already set up your mind for a PhD, go to Stanford. Hey everyone! I'm trying to choose between Princeton and MIT for college next year. Cornell ORIE Ph. Wharton on the other hand is just a pure business. Our Mission: The Princeton Fintech and Quant Conference seeks to bring together a unique cross-section of the leading experts from academia, industry, and government in a relaxed intellectual environment to catalyze discussions and strengthen ties across traditional boundaries. My understanding of it is like a more technical and quantitative "business" major. edu 4118 Maystar Way Princeton University (614) 805-7161 Hilliard, OH 43026 Jul 30, 2012 · Points. Quant roles are definitely competitive in US. I applied, haven't heard back. Princeton's ORFE major is more similar to Harvard's Applied Math concentration (without the economics component). the math classes are much much harder than orfe but they sure build your brain cells. 362. May 2, 2006 · Guys, I am considering both options of pursuing either a PhD or MFE. Historically, I have assumed ORFE all went the quant / hedge fund route. As someone who has taken the finance certificate, I have to admit that Princeton has some pretty bad finance classes (Eco 362 and Eco 363 are the core ones and get absolutely trash reviews; but they're The Program in Quantitative and Computational Biology (QCB) is intended to facilitate graduate education at Princeton at the interface of biology and the more quantitative sciences and computation. Though to their benefit, the curriculum allows up to 12 electives courses that can be taken from Just declined wharton as someone who wants to study finance. The ORFE guys are smarter; the MFin guys are a little more outgoing. From my experience and talking with others, math at Princeton is a very unique exposure to the topic. Regularly ranked #1 across several global academic rankings, Princeton BCF’s two-year Master in Finance program provides students with the necessary background in financial economics, data analysis and technology, financial engineering, and computational methods to earn competitive positions in both the public and private sectors. edu. Good on you for thinking about internships early! It states that Princeton covers the first year of funding, allowing students in the program time to think about thesis/dissertation projects and to secure an appropriate advisor. Gallen's MQEF program would cost you CHF 5,716 or 5,845 US dollars if you are a Swiss national and CHF 13,316 or 13,618 US dollars if you are a foreign national. I think you can tell a lot about a school by looking at their percentage of alumni giving. Princeton is consistently ranked number one in alumni giving. Princeton is a lot of fun socially, even if it’s small and academically rigorous. I had my first internship as a Data Analyst at Allstate, and since then interned at British Petroleum (bp) as a quantitative trading intern, as well as StoneX Group Inc working with Python as a Solution Analyst intern. Operations Research/Financial Engineering at Princeton. bluechimp said: Princeton's MFin claims to teach finance comprehensively -- this includes several subject that is viewed with slight disdain on QN (I think ): Corporate Finance, Accounting. View community ranking In the Top 5% of largest communities on Reddit Schools with programs similar to Princeton ORFE and Harvard AM/Econ I am trying to pursue a good mix of Math and Econ undergrad and I guessed since many quants have a similar grounding they might know a program or two 1. I chose Princeton with an intent to major in ORFE and minor in math. There are some quantative methods, OR classes offered but the structure is different as far as programs are offered in a sense that princeton’s ORFE has structure/classes specific to ORFE. Sort by: Add a Comment. Q. They generally look at top tier school. Additional financial support is also available through the ORFE department; contact the Undergraduate Administrator with a proposal detailing the research, reason Public Safety Non-Emergency 609-258-1000 Emergency 9-1-1. BSE requires 36 courses but 2 semesters of independent work are included (for ORFE). ORFE is really hard even by Princeton standards, but unless you are sure you’ll be in the 2-3% of candidates admitted, it’s not your problem. Would love any reasons behind why I should go to one school over the other! The course focuses on both the software and the hardware aspects of traditional aspects as well as the broader aspects of the creation, dissemination and human consumption electronic services. Administered from The Lewis-Sigler Institute for Integrative Genomics, QCB is a collaboration in multidisciplinary graduate education among faculty View community ranking In the Top 5% of largest communities on Reddit Illinois Tech Stuart-Princeton Fintech & Quant Conference Has anyone been to the Illinois Tech Stuart-Princeton Fintech & Quant Conference? May 1, 2008 · Points. ) while math majors almost exclusively go into trading. Quant traders are more like traders versus quants, just FYI. I mean a lot of middle/back office quant people or even desk quant in banks are barely making 200k per year after 5 years in the same position. will i struggle to… You don't need research or lab experience to be admitted to Princeton undergrad, for sure, either AB or BSE. We start from a financial perspective, and traditional models of commodity spot prices and forward curves. The financial aid packages are comparable, but Princeton is 3k less. First of all, is this a good option for someone wanting to enter the financial ORFE operations research and financial engineering - Princeton University SES social engineering systems - MIT Social sciences - Caltech I'm currently in my first year of a part time masters program in Machine Learning at Imperial college London and did my undergraduate degree in Math at an Ivy graduating Magna Cum Laude. If your native language is not English, you must meet English language proficiency requirements and may be required to submit TOEFL, IELTS, or DET test Princeton Fintech quant conference. Research Scientist. Quants - ORFE. Guys, I know it might be impolite but what the heck🐶. Physics and Chem here are harder than any high school level course just cuz of how fast it goes and the types of problems given even though the same general topics are covered. Even Bain consulting which is one of the better jobs on that list pays nothing near 200k What schools have good undergraduate programs in order to become a quant? Preferably in California, or around the New York/ New Jersey area. 2 Share. Feb 22, 2021 · Points. However, it is pretty much required that you identify a few professors you I’m an incoming freshman planning to concentrate in ORFE and I’m going to buy a new laptop this summer. ORFE students are encouraged to join via this provided application. ORF 455 / ENE 455. B. I only applied to CMU so can't speak of the others, but SCS here is amazing. I’d actually say the majority of engineers here haven’t come in with a significant engineering background. Department of ORFE ptian@princeton. But if you are looking for Quant they have the ORFE path. Nevertheless, I found it helpful. Double Major Bachelors Degree in Pure Maths / CS from Sorbonne University (Top 3 French University, Top 25 European) Mark average 18/20 (Top 2%) No prior work experience or Internships. Also, you may find it helpful to read this article about How to Increase Your GRE Quant Score Please reach out with any further questions. I think ORFE is a combination of data science and statistics, and maybe math and computer science. Columbia and Cornell are both excellent programs- when I was a summer intern, my roommate was an FE master's from Cornell who was interning in IPOs for a We would like to show you a description here but the site won’t allow us. Ekwedike, Emmanuel. . If you are a slow learner or don't hit the ground already running, at MIT you don't get grades the 1st year just Pass or Fail whereas you go stright to grade deflation at princeton from day 1. Message from the Chair & Director of Graduate Studies (DGS Intended career is quantitative research at an HFT/mm, or machine learning scientist/researcher, or algorithm dev, or data scientist Help me compare and pick which to apply to please! Thank you! Jul 12, 2005 · The difference is in structure of the two programs. If you want a ton of math based econ take ORFE. 16. in high school, i was super business orientated. -Applied math is a bit more theoretical and is intended to 1. I'll suggest you go to LinkedIn, search for <Company Name><Quantitative Reasearcher/Trader>. The Operations Research and Financial Engineering (ORFE) department's research, teaching and professional service focuses on the foundations of data science, probabilistic modeling, and optimal decision-making und To answer your question specifically, I didn't use this book for quant, so can't really speak for it. the 'soft' subjects, so to speak. 11. Either building a more well-rounded CV or doing ORFE should essentially safeguard you. Undergrad econ, even from Harvard, cuts off a lot of opportunities. Students who were quick to discover their interest in quantitative finance demanded programs that would give them the preparation they needed, and universities proved ready and willing 2/ Say you are given a chance to do a Princeton ORFE PhD or Princeton CS PhD. IMO M&T is a BA+BS program and it taking biz classes at wharton + physics/engineering classes. Columbia. D. Name drop them and any serious math major in other colleges will drool. It is very technical and also they offer chances for transferring to a PhD program. Grade Inflation=Easier (not easy) and more time to network and do things outside of just grinding. vs engineering, so you can stick with ORFE or pick anything else you want. I think I have a general understanding of what you should do to get into a good math program: maintain high gpa, get solid letters of rec, do well on gre (especially the subject test), take advance courses (preferably grad level Feb 9, 2010 · Princeton ORFE is designed for operations research. Feb 8, 2011 · Points. So there's nothing wrong with taking easier math classes on top of the ORF major, since you'll get lots of hard math with ORF. In the GRE, we take the principle root of the number which means the square root of 64 is + 8 and not -8 unless specified otherwise. 5/25/09. Hey all, I am a Feb 3, 2009 · Hi, I was wondering if anyone had applied for the following Ph. I def wouldn't say orf makes u more employable broadly especially in fields of like IB, or consulting or quantitativ analysis where hiring is largely based on pure merit. The ORFE Undergraduate program may be considered as the modern form of a liberal education: modern because it is based on science and technology, and liberal in the sense that it provides for broad intellectual development and can lead to many different types of careers. The eating clubs are somehow less weird and creepy then Yale’s frats and secret societies. 2/3 rd of people interested in softball also interested in hiking which is 2/3*75 = 50. Great peer group with diverse experiences - Students from the program are from diverse backgrounds with expertise in both quant and macro, so there is a great avenue to learn from your peers. Stanford MS&E Ph. Since you've said you can get into MIT, Harvard, Princeton, do it. The Operations Research and Financial Engineering (ORFE) department’s intellectual mission is to develop theory and tools in statistics, probability, and optimization to extract meaningful information from data, and to utilize information to make optimal decisions. >get my foot in the door QT is not foot in the door, it's the most prestigious top of the quant world. If you know the material and want to do heavy quantitative work like ORFE, I’d make sure I had the most rigorous grounding possible. r/ApplyingToCollege ORFE is the ideal major for going into finance. Right now I’m leaning towards buying a Mac… u/Funny-Smoke962 is right, but to answer your question on how to calculate the radius, just use the distance formula to calculate the distance between the origin (0,0) to the point on the circle given (7,4). orfe makes you more employable. I was considering trying to get into quant after undergrad to make some money and for the experience early, then transition into something else with CS later (would be more flexible if money isn’t the A. Don't worry about the sex ratio. Alumni participation indicates that people feel the time they had at the school was valuable to them. 4/8/14. For ideal majors, math or ORFE would both be great bets, and COS is good for that as well. From looking at previous years on gradcafe, OR departments send out interviews beginning of February and the first wave of A/R/W were around February 18th- 25th. Gallen's MQEF program over UCLA's MFE program. Answer is A because quantity A is 1 and B is -1 when simplified. Weighing ORFE vs Econ. I believe I can apply either for MFin or ORFE which one would you go with ? here is the page of the department : Princeton - Graduate School Announcement - Department of Operations Research and Financial Engineering Thanks. programs and received an offer of admission? Columbia IEOR Ph. Some minor differences: -Princeton's ORFE major requires taking a core course in financial engineering, Harvard's AM concentration does not have an analogous requirement. Optimal Decision Making via Stochastic Modeling and Machine Learning: Applications to Resource Allocation Problems an Sequential Decision Problems. ) Teaching and research in Operations Research and Financial Engineering (ORFE) focus on foundations of data science, probabilistic modeling, and optimal decision-making under uncertainty, with applications in economics and finance, energy and the environment, healthcare management, physical and biological sciences, social networks, and transportation. Dean Bogucki will email applications in early October and February. Target Schools: Princeton. Also, your admittance will have nothing to do with the second choice program you mark down on an application. We will cover subjects ranging from high-frequency Princeton really is a lifetime investment. #1. Areas o Princeton hasn’t accepted you as a specific major or even A. Look at HRT. Hey all. There are very few AB candidates here who are going to take 36 classes. As the finance industry becomes more competitive and more specialized, preparation for a career as a quant begins earlier and earlier. Edit: Even outside of the above majors, the ability to program is kind of a given in any of the hard sciences and engineering. SWE/Tech - CS/EE. In addition to seeking advice from fellow redditors, you should check out GRE Prep Club, which has verified student reviews of different GRE prep materials. programs: - Princeton Operations Research and Financial Engineering (with Gordon Wu Fellowship, the highest fellowship in engineering) - Stanford Management Science and Engineering (with SG Fellowship in Science and Engineering) At Cornell, I conducted research on Quant Trading and how to use linear regression to predict stock prices. Otherwise I vote for Princeton. The offers ranged from $250k-$500k. And i believe princeton’s preparation in these topics is better than upenn. Hence this: However, we believe that our students' comparative advantage lies in other areas encompassed within the modern investment bank such as asset management, risk management, derivatives pricing and trading, fixed income analytics and other areas where a quantitative background in theoretical and practical aspects of modern finance is essential. Advisor (s) Thesis Title. First Position Title. Students of many disciplines are drawn to ORFE courses because of the Quant can mean a lot of things depending on the firm. In addition, INFORMS is an international organization for operations research and management science. PhD Candidate @ Princeton ORFE | Research in Statistics and Quantitative Finance Princeton, New Jersey, United States 1K followers 500+ connections These are just a handful of the hundreds of eclectic student activities at Princeton. Consider the total people as 100. Jul 8, 2022 · For four semesters, the St. The recruiting numbers are higher here than Princeton's. Honestly, I think both Princeton and MIT will academically suit you. Thanks! Well, it's Harvard. But I did take the Princeton Review practice test and found the quant there pretty representative of questions on the real test. #7. If you are interested in doing PE / credit investing, you'll likely want to go the IB route, which means things like higher GPA matter (and econ works just fine given Princeton doesn't have an undergrad business school). jp nw ue yb qd iz py ub mu lm