[学校专业] MWM面经（失败三次了，最后发一次。。。） [复制链接]

jackiezhan007
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电梯直达

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发表于 2014-3-7 20:30:30 |只看该作者 |倒序浏览

MWM interview
1. Tell me about ur work experience
2. Why apply MWM
3. Career aspiration
4. What did u do in investment (personal wealth management)
5. Personal financial status(this is very important, for the whole fee is about 60k sing dollar)
According to what interviewer said
Scholarship: is very very competitive.
Placement: Do not focus on big investment banks, more likely to be in Asian banks
大陆学生从MWM毕业后大多数回国工作-because most of these candidates were supported by their employers like China bank and China construction bank.
CFA level ，面试官说这个对找实习会很有帮助.

Other than program fee: MWM次年3月安排去swiss wealth m institute和yale u的field visit话费大概6000新，according to what I found from their former graduate, it takes about 8000 sing dollars.

The following conversations is what the fox say: ding ding ding ding………..
if you are aspiring towards equity research/ analyst to hopefully progress to fund manager its much better to do their Msc in app finance. Much more technical and helpful.

masters in WM is basically for those existing financial advisors, probably with existing base looking to serve those high net worth individual kind. The good thing about SMU though is that they have ****load of connections. Someone I knew did this masters and got a job in the back office of a foreign private bank.
Actually I had a friend who did this.. ended up as an assistant relationship manager... still he was an anomaly cause many of his batch mates also ended up in back office as well .. and definitely hes nowhere near the portfolio manager that this course is suppose to train one to be

WM - as the name implies, it is for wealth management, which specifically, means that one aims to become a private banker for VHNW (very high net worth) people. So in addition to managing their money, you basically have to be at their beck and call. It's not everyone's cup of tea, but for those who likes it, the return is good, especially since the program has the endorsement from MAS and WMI (Swiss institution if I'm not wrong).

My understanding is every student in the program is either sponsored by company or on some kind of scholarship with bond (that is at least what happened in its earlier batches); if you are self-financing, my humble opinion is that it is not worth the money. Additionally, it can also be alarming if the scholarships are drying up - inter alia, it could mean that demand is drying up or the past graduates were not up to mark. Talk to someone who is in the program or who has graduated to find out more.

Applied Finance - nice title, but is in essence just a watered-down version of CFA prep. The nice thing is one'll still get a Master (not too shabby) even if one does not go on to get the CFA charter. Like I said before, it is a great insurance, albeit a tard exorbitant. At S$20+K, you are better off doing CFA on your own (which, if one study hard and pass at every stage, will not cost more than $5K. Actually you got to fail the CFA exam diligently to spend S$20K). Why get a surrogate when one can get the real McCoy, cheaper?

NUS/NTU MFE - see earlier posts. Not recommended for various reasons.

Also, consider NUS MSc Maths (Specializing in financial maths) - At $5K+, it is a bargain!

its good if u intend to stay in pte banking. that would be the best way to enter the industry for guys with non-finance background. also the mkt is heating up and they are hiring.
however, most of the banks would require u to deliver the revenue in 1 yr.
hence u'll need to get lots of high net worth individuals with minimum of $0.5m onwards in liquid spare cash and the total Assets under Mgmt (AUM) would have to hit your budget. The AUM is usually high at a min of US$20m in your first yr. that means the turnover rate is very high. How many pte banker can hit US$20m in first year?

Below is comparison between
NUS MFE, NTU MFE, SMU MAF and SMU MWM

NTU MFE course for 2003.

Most graduates go on to do Risk Management, Winnie do not know or have an impression of anyone doing Derivatives trading directly after graduation. About joining hedge funds, that's new info for me, which ones? Any names like Vanguard, or Mercury AM etc? I mean big names, because hedge funds can have quite small operations, unlike investment banking. of course, the question is whether it is necessary to go after big names at all.

The classes conducted by the NTU faculty are just so-so. If you see the faculty's resume, they do not exactly apply their knowledge on derivatives. This is one comment I've heard from 2 graduates, one was the top student who graduated in 2002. Another one is a student graduating in 2003 summer.

The 7 weeks in Carnegie Mellon is the highlight of the course. It will synergise all they have learnt in the past 30 weeks.

Winnie said that 100% of the graduates got jobs upon graduation, but of what job nature and pay level or whether they got , I am not sure.

Comparison between NUS & NTU MFE

In terms of concept, both are similar, NUS emphasis more on Maths, NTU more on finance.
NTU taught more quan, NTU teach C++, java
NUS teach basic Matlab & VBA
Both course are comparable, but NTU emphasis more on the Equity Portfolio,
NTU win because of the CMU project
NTU teaches slightly more stuff than NUS, Both are comparable to CFA syllabus in this case.
NTU win because of the CMU module. Both the two NTU modules are comparable to NUS
NUS teaches more depth in this case
NUS teaches a lot of finance-related stuff to CFA, NTU doesn’t have an equivalent module on this
NUS have no module on this. Compared to CFA is too basic
Comparable. Not much difference. Syllabus very close
In this case, NUS teaches more quan than NTU
NUS covers more topics than NTU in this case.
FE5216 Financial Technology Innovations Seminars (Princeton University) by NUS MFE
Portfolio Management, Asset Allocation, Behavour Finance

Compared NUS and NTU MFE with CFA Level 1 & 2 (100% default for CFA)

CFA Fixed Income & Derivative L1&2
NTU: 65%
NUS: 50%

Quan part:
NTU: 65%
NUS:100%

CFA Quan Level 1
NTU: 150%
NUS: 80%

Programming:
NTU:100%
NUS: 30%

CFA Derivative L1&2: N/A
NTU:550%
NUS:400%

CFA Corporate Finance L1 & 2
NUS: 75%
NTU: 100%

Numerical Method and Quan
CFA:N/A
NUS: 80%
NTU:100%

Risk Management
CFA:N/A
NTU: 60%
NUS:100%

Equity Analysis and Portfolio Management
CFA: 100%
NUS: 60%
NTU: 25% (finance part only)

FSA
CFA: FSA Level 1&2
NTU:20%

Stochastic Calculus
NTU:110%
NUS:100%

Financial Time Series
NUS: 120%
NTU: 100%

CFA :Fixed Income Level 2 (CDO)
NTU:200%
NUS:300%

Term Structure
NUS: 40%
NTU:100%

Compared SMU MAF with CFA (70% of CFA syllabus)
CFA Fixed Income & Derivative L1&2
MAF: 70%

Quan part:
MAF: 70%

CFA Quan Level 1
MAF: 70%

N/A
CFA Corporate Finance L1 & 2
MAF: 70%

CFA:N/A
MAF: N/A
CFA:N/A

MAF: 40%
CFA: 100%
MAF: 90%

CFA: FSA Level 1&2
MAF: 90%

CFA: FSA Level 1&2
NTU:20%

Compared SMU MWM to MFE and CFA

Fixed Income & Derivative
MWM: 1x
NUS: 20x (more depth)

Quantitative
MWM: 1x
NUS: 15x

Structured Product
MWM: 1x
NUS: 25x

Corporate Finance & Risk
MWM: 1x
NUS: 2x

N/A
Risk Management
MWM: 1x
NUS: 25x

Equity Analysis and Portfolio Management
MWM: 1x
NUS: 10x

Overall

Quan (Maths):
NUS: 90%
NTU: 100%
MWM: 1%
MAF: 10%

Compared to CFA Level 1&2 (Finance): 100%
NUS: 40%
NTU: 50%
MWM: 25%
MAF: 70%

Programming:
NUS: 30%
NTU:100%
SMU MAF: 0%
SMU MWM:0%

All the information is collected from internet, I'm not responsible for any of the above saying, just for your personal reference...