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Goethe vs Mannheim

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New post 06 Jul 2019, 04:07
Hi all,

My name is Hoa. I was accepted into MMBR program, Finance track in Mannheim university and MMF program in Goethe university. I want to study Finance in Germany, particularly the more quantitative side.
Could you please advise me to choose which program? Personally related to reputation of the university, I would prefer Mannheim, but I heard that MMF in Goethe is famous in the financial/ banking industry in Germany. Both MMBR and MMF program are a bit more quantitative, but MMBR is just new, launched in 2016.

Much appreciated,
Hoa

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New post 06 Jul 2019, 13:37
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sieu wrote:
Hi all,

My name is Hoa. I was accepted into MMBR program, Finance track in Mannheim university and MMF program in Goethe university. I want to study Finance in Germany, particularly the more quantitative side.
Could you please advise me to choose which program? Personally related to reputation of the university, I would prefer Mannheim, but I heard that MMF in Goethe is famous in the financial/ banking industry in Germany. Both MMBR and MMF program are a bit more quantitative, but MMBR is just new, launched in 2016.

Much appreciated,
Hoa

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Hello sieu Hoa

Congratulations on admissions !

Quant side is the right side ;) :cool:

I went through both curriculum's....Finance track in Mannheim is not enough Quant for me :geek: :cool: for instance there is no Derivatives course, no Fixed Income, no Financial Risk Management etc., however I can see this is research program in Finance and great for PhD.

https://www.bwl.uni-mannheim.de/media/F ... an_FIN.pdf

MMF Goethe university website was not user friendly at all, a lot of dead links there and had to dig a lot, which is something I hate about school website not being transparent :x

https://www.wiwi.uni-frankfurt.de/filea ... er/MMF.pdf

https://qis.server.uni-frankfurt.de/qis ... &P.vx=kurz

https://www.wiwi.uni-frankfurt.de/filea ... ch_MMF.pdf

At least in Finance electives (Money electives were not interesting, at least for me ) you have some interesting courses to choose from such as : Banking Risk Management Frameworks, Big Data in Personal Finance, Complex networks - Methods and Algorithms, Financial Econometrics of High Frequency Data, Hedge Fund and Alternative Investments, Stochastic Calculus in Finance and Economics, Credit Risk Analysis in Structured Finance Applications, Derivatives II, Valuation of Financial Assets (by Zapatero Cvitanic book :thumbup: ), Credit Risk by Duffie and Singleton, Introduction to Computational Finance, Multivariate Statistics, Modern Portfolio Management, Multiple Time Series Analysis etc.

I am well aware of Mannheim reputation in Germany, however if you dont plan to go for PhD later, I would advise to go to MMF Goethe, it is more market tailored, you have much more interesting electives to choose and learn from and Frankfurt location as financial center, will certainly be very beneficial in job seeking.


My vote goes to MMF Goethe Frankfurt am Main :cool:


I am tagging my German friend Arro44, he can have more insights, or even different view.


To be fair, Mannheim Business School is not far from Frankfurt either. :)
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New post 06 Jul 2019, 20:21
Hi Billionare,

Thanks a lot for your inputs. Related to quantitative courses, I guess 2 programs are relatively comparable.

Related to applied statistics in finance, yes I totally agree with you that elective Finance courses in MMF sound interesting. But we still havent known about elective courses in MMBR. Let me ask them to send details of these courses.

If as for reputation of Mannheim in Financial industry, what do you think of it? It sounds like the reputation of Goethe is better than that of Mannheim in financial industry in Germany, right?

Thanks again,
Hoa

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New post 07 Jul 2019, 10:38
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sieu wrote:
Hi Billionare,

Thanks a lot for your inputs. Related to quantitative courses, I guess 2 programs are relatively comparable.

Related to applied statistics in finance, yes I totally agree with you that elective Finance courses in MMF sound interesting. But we still havent known about elective courses in MMBR. Let me ask them to send details of these courses.

If as for reputation of Mannheim in Financial industry, what do you think of it? It sounds like the reputation of Goethe is better than that of Mannheim in financial industry in Germany, right?

Thanks again,
Hoa

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As boring as it may sounds, you can´t go wrong with either school in terms of heading for the financial industry.

While Goethe has the benefit of being located in Frankfurt and thus naturally placing many alumni in the financial industry, Mannheim is considered the best school in German when it comes to business/economics degrees.

However, if you are looking for a more quant focus degree I would also opt for Goethe for the reasons mentioned by billionaire.
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New post 08 Jul 2019, 12:58
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sieu wrote:
Hi Billionare,

Thanks a lot for your inputs. Related to quantitative courses, I guess 2 programs are relatively comparable.

Related to applied statistics in finance, yes I totally agree with you that elective Finance courses in MMF sound interesting. But we still havent known about elective courses in MMBR. Let me ask them to send details of these courses.

If as for reputation of Mannheim in Financial industry, what do you think of it? It sounds like the reputation of Goethe is better than that of Mannheim in financial industry in Germany, right?

Thanks again,
Hoa

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Hello sieu

You can send/post details here about elective course, but as far I saw there are only two of them, I doubt they will be from practical side and change much of overall flavor.

Mannheim MMBR, as names says is research degree.

It is ideal for continuing education and pursue PhD in Finance, for instance (or any other specialization desired).

Mannheim is usually considered to be best business school in Germany, from Germany perspective.

Outside of Germany is not that well known.

Both Mannheim and Goethe will serve you well in landing a job there.

You should decide, what you find more interesting and appealing in terms of course.

The way I see it Mannheim MMBR is more theoretical and Goethe MMF is more practical.

If you are interested in Macro aspect of Goethe MMF as potentially working for ECB that would even more reason to go for it.


Now if landing a job is your only concern and deciding factor, I would pick let say your three dream institutions, three dream firms (or 5) in Germany and contact their HR experts with questions which degree will they prefer more. :idea:

If your are uncertain which one you like more, what they reply will help you to decide.

Send them links in email that I have posted above, so they can see course structure and answer you which one they see as more desirable in potential candidate. :idea:

My bet they will either go with Mannheim overall brand (superficial approach since brand of institution doesn't transfer necessary to strength of program) or with Goethe practical usage and ties with Frankfurt market.



Good Luck :cool:
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New post 10 Jul 2019, 08:08
Hi Areo44 and Billionaire,

Thanks for your inputs. Here is the module catalogue of Mannhein uni.

(Apologies for me cuz I cant post the link here. Could u please search Mmbr Finance track catalogue Mannheim?)

I guess there are more quant courses than Goethe. Yes, if location matters that much then I should opt for Goethe.

Many thanks,
Hoa

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New post 10 Jul 2019, 11:57
sieu wrote:
Hi Areo44 and Billionaire,

Thanks for your inputs. Here is the module catalogue of Mannhein uni.

(Apologies for me cuz I cant post the link here. Could u please search Mmbr Finance track catalogue Mannheim?)

I guess there are more quant courses than Goethe. Yes, if location matters that much then I should opt for Goethe.

Many thanks,
Hoa

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Hi sieu

This is the link :

https://www2.bwl.uni-mannheim.de/filead ... inance.pdf

I regret that literature was not provided.

I dont see more Quant specialized courses here at Mannheim.

I see general ones, theoretical, with only two electives to choose from :

Continuous-Time Finance

Risk Management in Banks and Financial Institutions

Derivatives I – Basic Strategies and Pricing

Bond Markets

International Asset Management


I have bold more important ones :geek: , as suggestion from which you should pick your two.

If you decide Mannheim is for you.



Good Luck with decision :cool:
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Goethe vs Mannheim   [#permalink] 10 Jul 2019, 11:57
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