Tech IndustryMay 19, 2019
Amazonquartobe

Will Bloomberg pay tuition for MFE?

Hi BB folks I’m interested in finance, so soon I’ll jump to BB as software engineer. However my long-term goal is to be quant or quant developer. (I like math) So very likely I’ll start a part-time MFE study at Columbia or NYU in future. And I’m wondering if it’s possible that BB will pay the tuition, as part of employee benefit? Also how many people around you have chosen this path, is it really feasible (work daytime and learn math on night or weekends)? Hope you guys can introduce your story of such further education at BB or any financial institution. Thx!

Google Ace of ♤♠ May 19, 2019

Let's count the mistakes committed: 1. Assuming that you'll like "finance" 2. Leaving Amazon for Bloomberg 3. Thinking a quant does "math" 4. Pursuing MFE to become quant

Google Ace of ♤♠ May 19, 2019

1. The lack of specificity suggests that OP might end up anywhere (bond valuation, data cleaning, Excel scripting, model validation, portfolio optimization?) 2. Why not another company? Or work at ML team (e.g. at FB/G) and study math leisurely at one's own pace after work 3. Algebra, analysis, geometry, number theory, topology... are virtually never used by quants 4. Networking is a more effective use of time. MFEs are the new CFAs and MBAs, diploma mills that delve little into core financial engineering skills unlike what one learns at programs such as Princeton's PhD in ORFE or a graduate degree in physics at Caltech/MIT.

New
tQIi02 May 19, 2019

Damn dog you salty

Zynga Rajarara May 19, 2019

No

New
Screwy May 19, 2019

Like Math is not equal to Like MFE. Check out NYU Courant course work for example - check out few subjects. Then make an educated decision

Google Ace of ♤♠ May 19, 2019

This, is the more informed perspective.

Amazon quartobe OP May 19, 2019

Yes I've done homework, like Columbia MFE/MAFN, NYU financial math..At least MAFN and NYU-FM offer part-time degree. My only worry would be the difficulty of getting into that program, which usually has very high standard and I need to re-take GRE...which i hate. lol

Apple tinyballer May 19, 2019

Contrary to what others have expressed, I think joining Bloomberg is a great decision especially if you’re interested in finance. You learn a ton about finance, engineering standards are high, and access to a terminal is incredibly valuable.

Apple tinyballer May 19, 2019

Also Bloomberg will pay the tuition up to $11,000/year

Amazon quartobe OP May 19, 2019

Thanks a lot. That sounds cool! If I really enroll into the program, and only take at most 1-2 courses per year (I won't have that much time), then I think 11000 should cover all of them? I won't mind paying part of tuition by myself, if I'm really determined for the part-time degree. Are you also from Bloomberg before coming to Apple? If so, how many people around really choose this career path? Is it really doable? thx

Bloomberg cap777 May 19, 2019

OP I know a guy who did his master's and BBG paid for it. He is in my group