Which Masters in Finance is better for an international student? Boston college (Carroll School of Management) or University of Rochester (Simon Business School)
I am graduating this year from a non-target undergrad (Completely unrecognizable, one of those universities that on rankings gets 250-300 rank) in the deep south, majoring in finance and minor in economics. I am originally from Latin America.
3.9 GPA, 680 GMAT, no work experience (except part-time jobs on campus), and about to graduate without any relevant internships.
I only applied to Boston College and to Rochester. Other schools did not have STEM designation, or I felt my low GMAT wouldn't qualify me.
Tuition After Aid
Boston College: $46k plus Grad Assistantship offer(6k extra in exchange for 12 hours per week)
University of Rochester: about $46k (no grad assistant position)
Rochester has an option to do the program in 3 semesters, allowing me to apply for summer internships as an analyst.
Boston College has the advantage of being located in a city, so it might be easier to attend events and interviews if I do get to that stage. I would have to apply to full-time positions without any internships, which might make it harder, but I would have a GA part-time job during the program so that might help on the resume over having nothing.
Rochester publishes data for employment outcomes (around 50% of international students find a job in the U.S (90% for Americans), the rest seem to go to Hong Kong and China mostly)
Boston College does not publish any data regarding the program but does publish MBA and accounting placements, so I imagine their placement is not the best even for Americans, which seems weird given their undergrad placement.
What is the general consensus regarding how both of these programs rank against each other? I see that many people on wso seem to rank BC on a similar level with low ivies, but Rochester below that. Is that reputation similar for a master's degree?
Is either of the programs known/respected or are they just seen as a cash cow for the universities and a way to get international students to pay $50k each?
Either university will give my resume a big upgrade compared to the no-name southern university I am currently attending, but I don't know which one might impact my career prospects the most.
Any opinions from people who have made a similar decision in the past, currently attending either program, have heard about the programs, have experience as a recruiter, or simply have an opinion would be greatly appreciated
Just to add: I would try to apply for jobs in corporate banking, wealth management, IB preferably Back and Middle office positions, consulting and finance positions in big 4 accounting firms or smaller accounting firms; but beggars can't be choosers, so honestly, I would be happy with a corporate finance job or whatever I can get to get started.
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