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Lots of people won’t be able to handle to academic rigor of either of these programs or other similar ones at age 40, no matter how good they were when they were 20. These are NOT like MBA programs (or executive MBA programs) where networking is the #1 priority.
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I attended one of the other top quant master’s programs and there is no question in my mind that Princeton >>>>> MIT for their respective quant finance masters programs. Princeton may be a small program, but it is very elite and everybody knows it. MIT is one of the newest programs out there and in my opinion, primarily living off the MIT brand for the time being. The two most important factors for these programs is quality of students and strength of the career center. Princeton wins in the first category and MIT will need a couple years before catching up to ANY of the older programs with established networks.
If I didn’t know any better, turning 40 is a death sentence with no further potential. I bet there are plenty of 40+ year olds out there that can compete just fine with the mid 20 crowd.
I looked at the Princeton program and you guys act like it’s rocket science. The core classes look easier than a sophomore year electrical engineering program. I understand that the students are probably some of brightest in the world, but an engineering degree from any reputable school is probably more difficult.