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I feel like the headline glosses over some details. The article is about one extremely small [1], highly selective masters program, not the much larger undergra
by junar 4y ago
I feel like the headline glosses over some details. The article is about one extremely small [1], highly selective masters program, not the much larger undergrad population at the school.
> Baruch’s financial engineering course is ... also extremely hard to get into. The acceptance rate for the ’23 crop of 25 students is roughly 8% — similar to the one for a traditional two-year MBA at Wharton. These days, more and more Baruch MFEs are coming from overseas. Ten years ago, most Baruch students studying to be financial engineers were American, many from New York. Now, the majority are from China, with some coming in from countries including Switzerland and Russia, Stefanica says.
> Virtu [a big high-frequency trading firm] interviews a lot of people, Drake says, but Baruch stands out. “We turn down people with high GPAs from Stanford, Harvard, MIT,” he says. “Baruch’s program is so selective, they do a lot of the filtering for us.”
[1] Looking at the 5 most recent years of data, the largest class is 40 students. https://mfe.baruch.cuny.edu/admission-data/ https://mfe.baruch.cuny.edu/admission-data/