Chances of MSF or MSA or MMS
I am gonna be a 3rd year at a non target, which I will graduate in the spring of 2015. I am wondering what my chances of getting into a target MSF, MSA, or MMS.
-I havent taken the GRE. But I will start studying it in the winter.
-My GPA is currently 3.32 ( will go up after this summer due to summer school).
-I have great extracurricular activities. I am currently a member of the NCAA cross country team. I am a officer for a finance club (VP of Finance is my role). I was a member of a business honors fraternity. I also will be tutoring other students in business courses this coming semester.
-I am currently interning at a wealth management, financial planning firm doing sales and marketing, which is a BO job. I know I have to start somewhere, but this is valuable experience for me. I also did work for WSO(idk if that counts)
Base on my credentials, I am wondering if I can get accepted to these programs:
MSF: Vanderbilt, Texas, Villanova, Purdue
MMS: Duke
MSA: Im currently an accounting major and I'm wondering if I can get a MSA. I have heard something that accounting majors cant get a MSA or finance majors cant get a MSF.
I recently graduated from a top MSF program and I did my undergrad at a non target school... so it's all up to you... IMO, a bunch of those that get MFE/MSF are non target students that want to reset their careers...
I'll take a stab at the MSA - you absolutely can get an MSA as an undergrad accounting major (I would guess 90% of those I know with an MSA got an undergrad in acct). Some schools do prohibit the double accounting but that doesn't stop you from going to any of the other great schools.
If you're going the accounting route I would suggest you not look at private schools but if there are any in-state public schools with great recruiting by the big 4 I would suggest that over any school. I say this because you will end up in the same place whether you spend 40k or 10k a year.
If you're dead set on going the TS/CF route then maybe shop around and see which schools have had success placing students in advisory roles in big 4 (assuming that is what your goal would be with the MSA).
Majority of MSAs are ex accounting majors. Also, none of the top MSFs put a limit on UG majors. You'll be fine. MSA/MPA/MAcc programs place well into TAS. Over 90% of these grad accounting students go to Audit, because that's where they want to go.
MSF/MiM/MMS/MSA choice would depend on what your end goal is.
I'd wait until ANT chimes in for the final word.
You score a 650 or better on the GMAT or GRE equivalent score and you'll be competitive at all those schools, getting into a bunch of them. The better the GRE the better the chances. Your ECs and internships help a lot. GPA is slightly lower, but as you said it will go up.
You're in a good position.
As TNA pointed out, you should be competitive. I would, however, strongly suggest getting an internship related to what you want to do FT.
Let me elaborate now that I am awake.
1) NCAA Cross Country is great. A guy in my class had a similar profile and now works for a large, European bank in NYC. Being an athlete is a huge plus.
2) PWM role isn't BO. It is outside of this classification. Try and land an unpaid internship related to something capital markets. IB, Asset management, credit, whatever. Something with more analysis.
3) Take Purdue off your list.
4) Accounting majors go for MACC degrees all the time. Non finance majors can get into MSF programs. You will be find applying to both.
Appreciate all you guy's comments.
The company i'm interning for is a independent wealth management, financial planning firm. I will be doing sales/marketing work, which at the same time I will learn about some concepts of accounting and finance. I also get paid $8 per hr and part time. As some people told me, I have to start somewhere. Hopefully next summer my goal is to earn a better internship such as working at the Big 4 doing audit or a finance job
I'll consider taking purdue off. I have added BC to the list. I am thinking of CPSLO (Backup), Indiana, and UMICH for masters of accounting.
Its been a while, but heres the update. -GPA is now 3.33. No W's so far (considered it for one class but things went well). -This semester has been rough for me, but hopefully I'll pull through. - Currently doing work for my business club as VP of finance, but unfortunately I'll have to quit that role and club because it conflicts with athletics. So I will have to find a club that doesnt interfere with my schedule too much. -Still looking for internship, all i care is something better than my previous -I am now considering these schools, Vanderbilt, Duke, USC, WashU stl, Claremont Mckenna, Texas, and BC -Will take GRE in the summer. -Currently in Acct major. I plans are with MSF, Ill go IB, HF, AM, PE. Without MSF Ill plan to go into Big 4, Corporate, Banking, or at worst Comerica's Credit Analyst training program. -Currently tutor business students.
Don't bother with an MSF. Without an internship I don't see a reasonable chance of your going into PE or a Hedge Fund. You'd have a chance at banking or asset management, but it isn't an absolute. The roles you say you'll do without an MSF are roles that MSF students often pursue. If you can get them without doing a masters then don't do one.
You're trying to say that kids with MSF are trying to go for financial analyst jobs at tech companies like Cisco? Thats the plan w/o MSF..With an MSF my top goal is IB.
I would make Texas the top choice personally... Name brand is INSANE!!!!!! Alumni at pretty much any bank or fund you would want to work for
I'm currently at an MSA program that is placing a lot of students in the Big 4 transactions groups. PM and I can give you some insight.
Having IB as a goal is fine, but you need to be realistic with other options. I wouldn't consider a financial analyst at a f50 company to be bad. Honestly, if you have that on lock I'd suggest taking it over an MSF.
Ya thats pretty much my plan...
Thinking of Wake forest msa concentrating on transaction services
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