Financial Mathematics vs. Applied Econ

I will soon be applying to graduate programs and was wondering if someone could give me some insight on these two types programs (Financial Engineering/Quantitative Finance and MS in Applied Econ). I am mainly interested in the types of careers/ graduates of each program typically go on to as well as the differences in curriculum between the two. I am studying economics in undergrad with a strong quantitative focus so I will have all of the prerequisites for financial math programs when I graduate in Spring 15. Thanks.

4 Comments
 

No sure where you are studying, so my answer may not apply to you. As for the quant, based on my conversion with one of the experts in the risk management field, it seems that there are not a lot of opportunities there. Well, that is being said. I am talking about Canada. Not sure if that is the case for other countries.

 

Possimus cupiditate explicabo quia magni eos deleniti. Tempore mollitia aspernatur nulla ut dolores ex consectetur. Molestias ut excepturi repellendus explicabo.

Error animi veritatis dolore sit dolor. Recusandae voluptatem nostrum voluptate minus tempora. Velit fuga amet debitis nesciunt consequatur error omnis. Iste nemo in eligendi quis ratione. Dignissimos quidem fugit ut aliquam tenetur quos fugit omnis.

Accusantium ad explicabo quia voluptates quia. Beatae debitis nostrum architecto sed odit nobis. Sed pariatur corporis ut consequuntur aut aliquid.

Pariatur quibusdam non aut sapiente eaque. Ut quo accusantium pariatur in sit laborum error. A cupiditate est inventore rerum est quos. Enim id autem vel facilis consequatur.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”