p*****w
发帖数: 82 | 1 Talked to a professor from Univ. of West Virginia. He said it is a good
time to go into MFE program right now for several reasons.
1. The market down turn will not last for ever. Once the mess is cleaned up,
the market and new hiring will rise again. He predicts that the mess is
mostly likely over by end of 2008.
2. It is also a good time for those investment corps and banks to look back
their old models and methods to reevaluate their old methodologies. New
graduates will likely learn and abs |
Q*********r
发帖数: 93 | 2 I agree with the guy... except I hope the mess will be cleaned up within the
timeframe he predicts.
-brett
up,
back
【在 p*****w 的大作中提到】
: Talked to a professor from Univ. of West Virginia. He said it is a good
: time to go into MFE program right now for several reasons.
: 1. The market down turn will not last for ever. Once the mess is cleaned up,
: the market and new hiring will rise again. He predicts that the mess is
: mostly likely over by end of 2008.
: 2. It is also a good time for those investment corps and banks to look back
: their old models and methods to reevaluate their old methodologies. New
: graduates will likely learn and abs
|
b********e
发帖数: 41 | 3 Check the unemployment rate curve from 1960 to now, you'll know the trend is not good.
A sharp increase could happen any time from now (within two years).
http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?series_id=LNS14000000&data_tool=%22EaG%22
up,
back
【在 p*****w 的大作中提到】
: Talked to a professor from Univ. of West Virginia. He said it is a good
: time to go into MFE program right now for several reasons.
: 1. The market down turn will not last for ever. Once the mess is cleaned up,
: the market and new hiring will rise again. He predicts that the mess is
: mostly likely over by end of 2008.
: 2. It is also a good time for those investment corps and banks to look back
: their old models and methods to reevaluate their old methodologies. New
: graduates will likely learn and abs
|
p*****w
发帖数: 82 | 4 In your chart, feel like we are right after 9/11. |
b********e
发帖数: 41 | 5 It is not 911 but .com bubble that pushed the economy into recession.
Historical data shows economy is cyclical. |
b***k
发帖数: 2673 | 6 Although most of his words are encouraging, I would like to pick
them up cautiously.
Think if we treat MFE program as a business, professors will be
the sell side, no doubt they will always encourage people to enter.
up,
back
【在 p*****w 的大作中提到】
: Talked to a professor from Univ. of West Virginia. He said it is a good
: time to go into MFE program right now for several reasons.
: 1. The market down turn will not last for ever. Once the mess is cleaned up,
: the market and new hiring will rise again. He predicts that the mess is
: mostly likely over by end of 2008.
: 2. It is also a good time for those investment corps and banks to look back
: their old models and methods to reevaluate their old methodologies. New
: graduates will likely learn and abs
|
Q*********r
发帖数: 93 | 7 Is the guy a professor in the MFE program? If he is, blook's point is good.
If not, hopefully he's more objective.
-brett
【在 b***k 的大作中提到】
: Although most of his words are encouraging, I would like to pick
: them up cautiously.
: Think if we treat MFE program as a business, professors will be
: the sell side, no doubt they will always encourage people to enter.
:
: up,
: back
|
d****r
发帖数: 48 | 8 I am not so optimistic, since there will leave a lot of laid-off people on
the market, and they will take jobs too. Take a look at the bust of IT
bubble, it is till Dec 2004 that the market tends to pick up. Think about
the market of IT professionals, and the market for the MFE professionals.
Meanwhile, I really doubt how much new knowledge and idea can be taught in
schools during this period. It is hard for the professors to think of new
methods that are better than the old ones. In general, wh |
