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Quantnet provided a rankings of MS in Financial Engineering programs, which can be used for reference. More generally, this really depends on what area of quantitative finance that interests you: If you want to work in developing valuation and pricing models, than one of these programs will be very useful. If you want to work in quantitative trading, it's ...

Try this: if you win this, you are really good ;) The Heritage Health Prize, is a contest to predict the admission of patients. The company provides you historical data. This is a very interesting exercise where you can apply AI and statistics/econometrics http://www.heritagehealthprize.com/c/hhp if you are looking for different projects, why not join ...

It's often hard to give a definite answer to such "what is top programs" questions. When we did the Quantnet MFE ranking in 2009, it was more or less as a guide for people new to this field since it's hard to find information on these MFE programs. A lot of your choice will come down to personal preferences such as location, tuition, length, program ...