Don't even think about MSc Finance in UK !!

Question

It sucks .. totally sucks

I am going to sue the University of Edinburgh for giving me the extremely low-quality lecturer and assessment. 

Contact me if you are news reporter. I have a very astonishing news about my programme.

Hjort · Answer

Could you elaborate on your experience?

siamman · Answer

Sure

In addition to this

https://www.gmatclub.com/phpbb/viewtopic.php?t=33696

the programme director, who teachs 3 courses for the programme, has only bachelor degree (and not even in Finance!). He has work experience as a portfolio manager and has only 2-year experience as a part-time lecturer. Often, he emparrasingly has no answer for student's question and says "that would be a great dissertation topic".

His marketing skill is very excellent; no wonder why he could convince the University to allow him to be a programme director. However, his background in Finance is so weak - no even fundamental knowledge in Economics.

About the problematic lecturer that I mentioned to in the link above, his teaching skill is so bad. All of his lecture notes contain errors. He carelessly marked students' assignments. Most importantly, his last-year exam answers contain so many errors. I don't understand how the examiner approves the mark!!!

Hjort · Answer

It is unfortunate that you have had such a negative experience. There appear to be some odd administrative practices at work in this program- it is unclear why someone would place a PhD student in charge in this manner. To be fair, however I believe this individual has a CFA and has worked for years in the field. Indeed, the school emphasizes the fact that it offers a practical education so valuing experience over education is not inconsistent with this philosophy. Do you know of similar problems in other MSc programs in the UK?

siamman · Answer

Sorry I don't know about other schools. Anyway, since this is one of the top ten UK Universities; what can you expect from other schools?

In fact, practical education is not that valuable for Finance. It might be so more or less for Marketing, HRM, etc; but absolutely not for Finance & Econ. These practitioners just know how to trade, how to make a deal, how to make fun for their clients, etc. 

When it comes to the question that "what's the difference between maximize expected utility theory and prospect theory?", "why do we use risk-free rate to value future contract?", etc, these guys pathetically answer that "this is a good question for doing your dissertation".

I'm so sick of them

Hjort · Answer

I'm not arguing with the value (or lack thereof) of experience in finance simply that the program's description suggests that it might have a practical emphasis. 

"It will give a global perspective on investment markets and asset classes, provide practical knowledge on the processes and mechanics underlying investment, and build on students' existing numerical skills so that they are able to understand and practice investment-related mathematics."

thaihoang305 · Answer

well done man !!!

thaihoang305 · Answer

I'm seeking for this information

Don't even think about MSc Finance in UK !!

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