Frequently Asked QuestionsMFE SteeringCommitteeThe active participation <strong>of</strong> membersfrom industry is essential to ensuringthat graduates <strong>of</strong> the MFE <strong>Program</strong>have the requisite skills to be successfulin their future careers. The MFESteering Committee is composed <strong>of</strong>finance faculty and prominent members<strong>of</strong> the financial risk managementcommunity. The committee acts in asimilar capacity as a board <strong>of</strong> trustees,focusing on the curriculum and strategicgoals <strong>of</strong> the MFE <strong>Program</strong>.2006-2007 MembersJohn O’Brien, MFE Faculty DirectorLinda Kreitzman, MFE ExecutiveDirectorArmen Avanessians, Goldman SachsTerry Benzschawel, CitigroupGifford Fong, Gifford Fong AssociatesJim Gilliland, Barclays Global InvestorsJoseph Langsam, Morgan StanleyChuck Lucas, AIGDavid Modest, JPMorganScott PinkusMark Rubinstein, Pr<strong>of</strong>essor, UC BerkeleyAamir Sheikh, Merrill LynchErol Hakanoglu, Goldman SachsRichard Lyons, Pr<strong>of</strong>essor, UC BerkeleyVictor Masch, AIGMFE <strong>Program</strong> SponsorsSpecial thanks to these firms whosedonations help maintain the MFElaboratories.Founding SponsorsAIG Inc.Barclays Global InvestorsBARRA Inc.Gifford Fong AssociatesGoldman SachsMoody’s KMVMBIA Inc.Morgan StanleyQuantal International Inc.The Dean Witter FoundationWachovia SecuritiesWR Hambrecht + Co, LLCSponsorsAXA Rosenberg InvestmentManagement LLCBank <strong>of</strong> America Corp.Bloomberg LPFair, Isaac and Company, Inc.GW Miller FoundationThe Pinkus FoundationFor the full list, visit http://mfe.haas.berkeley.edu/faqs.html.What careers has the MFE led to?Recent graduates have found employment inrisk management, fixed income, structuredproducts derivatives, credit risk, market risk,consulting, corporate finance and financialprogramming. For more detailed informationplease visit our web site at http://mfe.haas.berkeley.edu/faq39.html.What are the differences betweenthe MBA <strong>Program</strong> or Ph.D. <strong>Program</strong>and the MFE <strong>Program</strong>?Please visit our web site at http://mfe.haas.berkeley.edu/faq6.html.Is work experience required?Work or research experience in a quantitativefield is recommended, but not required.Students in our 2006-2007 class had an average<strong>of</strong> almost four years <strong>of</strong> work experience beforejoining the program.What is the academic calendar?The <strong>of</strong>ficial schedule for 2007-2008 isnot finalized. Please visit our web site athttp://mfe.haas.berkeley.edu/curriculum.htmlfor the most up-to-date information.When are the application deadlines for theprogram year 2007-2008?The program admits students over fourdeadlines: January 17, 2007; March 17, 2007;June 23, 2007; and October 1, 2007.Applications received after October 1, 2007 willbe reviewed on a space-available basis. Classesbegin in March 2008.How many people do you admitat each deadline?We only admit the best candidates at eachdeadline. Students may be placed on hold orwait-listed at any time during the admissionsprocess, whether or not there is still space availablein the class. Because there are only 60 spotsavailable, we admit students until we have 60who have committed to attend.Do you recommend preparatory classes?For students who have not taken math, statistics,or financial programming courses in more thanthree years, we do recommend our refreshercourses in order to excel in the program. If youare required to take a pre-program course aspart <strong>of</strong> conditional acceptance to the program,we will accept grades from any accreditedcollege or university. We <strong>of</strong>fer courses infoundation math, statistics, and financialprogramming at UC Berkeley and online.For details visit http://mfe.haas.berkeley.edu/preprogram.html.Where do I order GMAT/GRE reports?Please visit http://www.ets.org for informationon taking GRE and http://www.mba.com/TaketheGMT for information on taking theGMAT test and ordering reports.Is the MFE <strong>Program</strong> <strong>of</strong>fered part-time?No.Are fellowships, scholarships, orassistantships available?There are no fellowships, scholarships, orassistantships associated with the MFE <strong>Program</strong>.For information on UC Berkeley GraduateDivision awards and fellowships visit http://www.grad.berkeley.edu/admissions/pdf/guide_support.pdf.For updated information on financialaid, please see our website at http://mfe.haas.berkeley.edu/faid.Do you <strong>of</strong>fer financial aid?Federal financial aid in the form <strong>of</strong> loans isavailable for most students. See page 12 fordetails, or visit http://mfe.haas.berkeley.edu/faid.html.16
Other Educational<strong>Program</strong>s at theHaas SchoolFull-time MBA <strong>Program</strong>The Full-time MBA <strong>Program</strong> is atwo-year program during the daywith approximately 480 students.Although different application materialsare required, the Full-time andEvening & Weekend MBA programsshare the same curriculum, faculty,and admission standards.Evening & WeekendMBA <strong>Program</strong>Three-year, part-time program forworking pr<strong>of</strong>essionals. Offeredon campus and in Silicon Valley.Ranked in the top three in the US.Berkeley - Columbia ExecutiveMBA <strong>Program</strong>Earn two MBA degrees simultaneouslyover 19 months from the HaasSchool <strong>of</strong> Business and ColumbiaBusiness School. For experiencedexecutives.Ph.D. <strong>Program</strong>For students who desire an academiccareer by preparing them toadvance theory and knowledgein the disciplines underlying thepractice <strong>of</strong> business.Undergraduate <strong>Program</strong>Two-year bachelor’s program forjuniors and seniors. Ranked amongthe top three US programs.Executive EducationHelps individuals, teams, and entireorganizations achieve their goalsthrough customized programs andopen enrollment courses taughtby Berkeley faculty at the workplaceor on campus.Because the faculty and administration <strong>of</strong> the Haas School <strong>of</strong> Business are continually reviewing the MFE<strong>Program</strong> to give its students the best possible educational experience, the school reserves the right to change atany time any <strong>of</strong> its provisions, statements, policies, curricula, procedures, regulations, or fees.NONDISCRIMINATION POLICY STATEMENTThe University <strong>of</strong> California, in accordance with applicable federal and state law and University policy, prohibits discrimination, including harassment,on the basis <strong>of</strong> race, color, national origin, religion, sex, physical or mental disability, medical condition (cancer-related or genetic characteristics),ancestry, marital status, age, sexual orientation, citizenship, or status as a covered veteran (special disabled veteran, Vietnam-era veteran orany other veteran who served on active duty during a war or in a campaign or expedition for which a campaign badge has been authorized). Thisnondiscrimination policy covers admission, access, and treatment in University programs and activities.Inquiries may be directed as follows: Sex discrimination and sexual harassment: Nancy Chu, Title IX Compliance Officer, 1-510-643-7985.Disability discrimination and access: Ed Rogers, A.D.A./504 Compliance Officer, 1-510-643-5116 (voice) or 1-510-642-3172 (TTY).Other inquiries may be directed to the Academic Compliance Office, 200 California Hall, #1500, 1-510-642-2795.Marketing andCommunicationsRich KurovskyCraig KaufmanDesignCuttriss & HambletonPhotographyJim BlockEd CaldwellPrinterFong & FongCAMPUS SAFETYIn accordance with the Jeanne Clery Act, the University maintains a reference guide <strong>of</strong> safety information and procedures, annual campuscrime statistics, and emergency-disaster preparedness information. For a copy <strong>of</strong> this report, Safety Counts, call (510) 643-6442, e-mailucpolice@uclink.berkeley.edu, or write the Police Department Campus Safety <strong>Program</strong>s, University <strong>of</strong> California, Berkeley, Police Department,1 Sproul Hall #1199, Berkeley, CA 94720-1199. The report is also posted on the UC Berkeley Police Department web site.Copyright© 2007,UC Regents.All rights reserved.