UMiami MSF VS Babson MSF VS UT Austin MSF

Based on IBD placements, which program would be the best one to choose from?

A little bit about my background: 

Bachelor's degree in Electronics engineering from a top university in India; No work experience; Attempted CFA L1 in Nov'21, planning on giving another attempt this year as well.

I am more inclined towards UMiami owing to the city's fast growth as a major hub for FinTech, Crypto and Wealth Management. Smaller class size lets me network well and connect with professors too? I've heard that the university career centre makes sure that all the students get internships during the Winter semester. 

My plan is to go on the IBD->AM/PE route. 

Please let me know your thoughts.

Any insights are highly appreciated, thank you! 

 
Most Helpful

I'll try to help:

Most of the MSF programs use undergrad career services to assist MSF students with opportunities. Going off that, UT MSF should be your best bet - it's got the most alums in IB (by a wide margin). Networking is a numbers game and thus I would be a lot more confident in my ability to land an opportunity through UT given the vast alumni base. UT is also the closest one to an IB hub (Houston/energy). Florida doesn't have a big enough IB hub and neither does Boston (although NY is somewhat close, but you'll be competing with people from all across the US for those spots). 

However, getting an IB FT offer without an internship is tough - especially if your prior experience doesn't line up (which yours is, I assume, engineering focused and that you have no work experience, plus CFA isn't applicable for IB). Also, you mention that you want to get into IB but then say Miami is where you prefer because of the FinTech, Crypto, and WM scene - all things very different than IB. I implore you to explore IB and the way recruiting works and see if you have a solid game plan for getting that full-time offer.

I also know, as a fellow Indian & international student, that recruiting is extremely difficult for summer internships due to the need for sponsorship - and it is even more difficult for FT because the spots available are a small fraction. hence, I would consider choosing an MSF that also has the STEM designation (i think the UT one does). If you do decide on going down this path, try to get a summer internship in India before your master's in either IB or ER or PE (VC worst case). Recruiting for FT spots will have already kicked off by the first day of your classes so you need to have your resume on point and already have some experience you can point to. 

Also, out of curiosity, what was your GMAT and GPA?

 

Reiciendis pariatur qui animi adipisci delectus asperiores eum tempore. Reprehenderit totam aperiam quidem mollitia ducimus. Quis et et ab et sit quas. Est dolorem et commodi saepe non. Voluptate et magnam voluptatem sit quaerat enim accusamus nihil. Nesciunt quia quis soluta omnis.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”