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(NA DEAC) Free tuition Master Degree
#1
Master of Science in Financial Engineering. An old program but i think it helpful for someone. Free tuition, taught by English, accepted international student, accepted any member NACES evaluation.
https://www.wqu.edu/mscfe
The barrier is:
Passing score on Quantitative Proficiency Test (75% or higher)
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#2
(09-02-2024, 09:10 AM)Penny15 Wrote: Master of Science in Financial Engineering. An old program but i think it helpful for someone. Free tuition, taught by English, accepted international student, accepted any member NACES evaluation.
https://www.wqu.edu/mscfe
The barrier is:
Passing score on Quantitative Proficiency Test (75% or higher)

The school is based in the United States, so a foreign degree evaluation by a NACES member evaluator wouldn't apply.
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#3
I have heard that the proficiency test is pretty hard
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#4
This is also not a self-paced program for anyone wondering. There isn't a way you can accelerate it as you have a weekly quiz on a weekly cadence. However, it is free, so I will take a stab at it.
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#5
Wow. It's accredited and free. Non-profit, private. I wonder who the donors are. Even though it's online, I'm sure it's not cheap to run. I found it funny that in the catalog, they have a "Refund Policy" section. They say they're unable offer refunds, because they don't charge tuition. lol. I might try this program after I finish my current one.
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#6
(09-02-2024, 05:11 PM)ifomonay Wrote: Wow. It's accredited and free. Non-profit, private. I wonder who the donors are. Even though it's online, I'm sure it's not cheap to run. I found it funny that in the catalog, they have a "Refund Policy" section. They say they're unable offer refunds, because they don't charge tuition. lol. I might try this program after I finish my current one.

No donors. It's run by WorldQuant, a massive hedge fund with many billions of asset under management. They can afford to run it. Also, it's mainly for tax reason so they write it off
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#7
It is free but....the entrance exam is really hard and the weekly workload is quite rigorous...there is a lot of reading...especially if you are new to finance. Weekly assignments and discussion posts.

So it is not as flexible, but it is an option. I had to drop out of it since I did not have the capacity.
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#8
Yes, it's a hard program to get into, I reported this a few times, here's the other threads:
1) https://www.degreeforum.net/mybb/Thread-...pplication
2) https://www.degreeforum.net/mybb/Thread-...ng-DEAC-NA
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#9
wtf is financial engineering?
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#10
(09-04-2024, 06:02 PM)NotJoeBiden Wrote: wtf is financial engineering?

It’s like regular engineering, but instead of bridges, they build complicated ways to make (or lose) money like crypto, call options, hedging, shorting (aka GameStop), DeFi, etc.
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