They do get engineering grads from other schools, to do the derivatives pricing and programming. Something like 48% of MIT grads went to Wall Street during the

They do get engineering grads from other schools, to do the derivatives pricing and programming. Something like 48% of MIT grads went to Wall Street during the 2000s. Considering the dearth of academic positions, it's one of the only places for surplus EE, math and physics PhDs can even get a reasonable job. In regards to Ivy Schools, they are generally ranked top 10 in most non-engineering subjects in the USA, including math, physics and economics. An Ivy grad is a reasonable guarantee that you are getting top class talent.