Here is a letter from a US professor who is retiring after 40 years of teaching. He complains of the sense of entitlement among today’s students and says he “grew increasingly weary of all the whining, crying, excuse-making, and general lack … Continued
A phrase that pops up regularly in Chinese financial and economic commentary is the internationalisation of the RMB (renminbi – the people’s currency). What does this actually mean? Internationalisation is not an official or recognised economics term but China uses … Continued
The myth of the scheming woman is one that pops up in many cultures. In the UK, for example, we talk of Lady Macbeth when we want to describe a devious woman who is held responsible for a hapless mere … Continued
Introduction Conventional finance theory is based on the microeconomic theory of consumer choice under uncertainty. This is a long established theory with some serious weaknesses. On the MFin we have a core course called “Economic foundations of finance” which shows … Continued
Despite far too much rain, the graduation of last year’s MFin class was a great and memorable event. It was crowned by a reunion gig after dinner in the beautiful Queens College Old Hall, by the MFin band put together … Continued
Next year’s class is still work in progress as admissions don’t close till the end of May. Last year we closed at the end of June (*) so we don’t have a like for like comparison, and there was quite a … Continued
When we launched the MFin in 2008 I think most of us had in mind as typical students people who were looking for jobs in the private sector. It was partly the fact that it is a “premium fee” (i.e. … Continued
Globally, applicants to MBA programmes take the Graduate Management Admissions Test (GMAT). Those applying to other sorts of graduate school often take the Graduate Record Examinations (GRE). If you want to enter a US college you usually need to take … Continued
A core part of the MFin curriculum is that students produce an equity research report on a company that we choose for them and present their buy or sell recommendation (no holds allowed) to a panel that includes external investment … Continued
I wish the MFin fees were lower but they are set in line with the market. And student fees are the main source of revenue for Cambridge Judge Business School. The School gives some scholarships and of course there are … Continued
MFin applications are open this year until the end of May, one month less than last year. We currently offer a place to everyone who meets the necessary standard. This could change if we had so many successful applicants that … Continued
Econometrics is a branch of applied statistics that deals with the sort of data found in economics (including finance). I believe it’s important for anybody aspiring to a senior position in finance to understand the basic elements of econometrics. These … Continued
It’s not something readily spoken of, but one reason for doing and MBA (or MFin perhaps) is to find a wife or husband. Very few people will own up to this, though I have had someone personally tell me this … Continued
A long standing theme in macroeconomic policy is the question, when is it best for policy makers to be tied to a rule and when should they have freedom to decide what to do (“discretion”). It’s easiest to see why … Continued