"What is financial engineering?"
Probably a Soros thing...........
Posted on 11/06/2017 7:59:55 AM PST by Governor Dinwiddie
Back when I went to school (60s) foreign governments sent their brightest student to USA because there were no better colleges than those here. Many of those students chose to remain in the USA because of $$$$ salaries. Since then I think many US student choose law and medical degrees for the same reason....$$$$$$. STEM degrees require as much hard work and not nearly competitive salaries.
Absolutely true. I know Chinese kids whose parents have mortgaged their homes (and grandparent's homes) in China to collect the $150-$200K or more to afford this. I know some of these people will stay in the USA, others will return to their home countries. If you think "globalism" is hitting the USA, its affecting places like India and China much more. In both places, having foreign experience is critical for a resume and these returnees are viewed as smarter and more sophisticated. Moreover, these people look to the USA for education because it is the most open education system in the world. If they want to work for a corporation or tech company in Mumbai, having a US Degree is by far the first choice.
I went to graduate school back in the 90s, and I was the only American grad student in the department, to the best of my recollection.
For that matter, when I was an undergrad back in the 70s, I worked with three post-docs in a chemistry lab and then in the engineering lab. Even back then, two out of the three were from other countries.
"What is financial engineering?"
Probably a Soros thing...........
Universities are the arsenals of cultural destruction. In that they are resembling Mosques.
"foreign grad students entered the country legally; got an excellent education in their countries rather than the pap taught in our public schools grade one through college."
You make a great point. Foreign K-12 is focused on straight math, science, and language. I pity, absolutely pity, American school children with the useless crap that is packed into their heads. Truthfully, the most useful skills to be taught to youngsters in readin', writin' and 'rithmetic. Most of the poor public school youngster's day is packed with propoganda and brainwashing.
And it only gets worse at the college level. STEM takes a lot of work. Foreign countries don't saddle their engineers with unrelated propoganda "core" courses designed to idelogically indocrinate. American undergrad students are forced to take courses on "divirsity' and other useless ephemera.
We were pleasantly surprised at the financial package our son received for his graduate studies. He earned a BSE and has gone on to a PhD program in Physics. He has a full tuition stipend, signing bonus, and will earn enough through assistantships that he anticipates coming out of grad school pretty much revenue neutral. He's in a great location for outdoor sports that he enjoys and even with the cost of some of those activities and high rent in the area, he should be OK financially. When he first started talking about his plans I thought he'd be taking on loans or drawing down his savings, but it doesn't seem so.
In Jindal's case, his mother was already pregnant when she came here.
In Harris' case, her parents married after graduating and had a baby a year later.
-PJ
Marxism.
American universities prioritize foreign students over American students.
The AMERICAN graduate student is being replaced by foreigners. This has been going on for a long time.
Nothing new about this. Been that way at least since the ‘70s. Had a good friend that was awarded a Teaching Assistant Scholarship. Shortly before the term started, he was called in and asked to relinquish it so that it could be given to “a more deserving foreign student”.
He refused, but they saw to it that he only lasted one year.
I received an NIH pre-doctoral and later post-doctoral fellowship for Medicinal Chemistry graduate studies. These were not offered to foreign graduate students.
The Shah of Iran sent gobs of students here on scholarship. Led to his downfall. The women were beautiful.
In the oil and gas industry an engineer with an MBA is management material.
Had to work my way through because in my generation NSF and NIH fellowships were preferentially given to affirmative action students
One of the biggest reasons for the foreign dominance that graduate engineering has become a funded research business for professors so they preferentially recruit grad students who bring their own funding.
Most foreign students are fully funded by their home governments or some sponsoring organization. Hiring fully funded grad students extends research budgets and allows more summer consulting dollars for the PI.
Highly qualified American students with fellowships or industry funding get snapped up quickly, especially if the score high on diversity points.
However, the number of fellowships and scholarships is limited and the number of genuinely brilliant foreign students on foreign full rides is seemingly unlimited
We really need to figure out a way to better fund American grad level education so more high achieving Americans can attend grad school because short term it’s hard to justify on cost - benefit return on investment
In the long term though, it’s really bad for the countries future to have 80% of your advanced degree grads leaving to go home to help their country compete with the US and for the US to depend on foreign born, US educated expats for the majority of our advanced level technical talent
This is a very good reason to expand the H1B visa program to keep as many of these foreign students in the US after graduation in the short term, but we really need to figure out how to fund our next generation of US born advanced technical talent
As it is, US educated foreigners are making huge strides in transplanting US technical skills and education systems in their previously backwards home countries, as any review of research publications proves
This is true. At some point, the STEM university faculty will be mostly foreign-born and, when offered enough salary and lab infrastructure, will go back home (likely Asia), taking that expertise with them.
In this way, US dominance in r&d will be lost.
>>What is financial engineering?
Maybe it's like a cross between an ACORN farming sanitation "engineer"...
and an M.B.A....
M.ore B.ullshyte A.bove
Both seem to "engineer" pretty much the same thing these days.
Masters in financial engineering?
The Nigerian kids must really go for this.
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