UCONN MBA
I am completing my MBA with a concentration in finance from UCONN in May 2012.
I have been hearing mixed opinions, some saying I should have went to a better school and some saying UCONN is a decent school.
why I won't have recruiters from larger firms at networking events, will having a UCONN MBA not help me as much as I thought it would?
edit: should note I choose UCONN because I do not pay to go here since I am a veteran. I had strong undergrad GPA and a good gmat score where I could have went to a better school, but didn't want to have debt coming out
its good for corporate finance and insurance but otherwise no wall street love except for RBS -- and im sure thats only for undergrads... no idea what the MBA recruiting is like. what kind of large firms are you talking about? whered you go for undergrad? whered you intern?
Outside of a top MBA program, an MBA from a school like UConn is only going to help you with F500 or something like that. Finance jobs like a brand and a network, both of which are lacking at UConn.
What are your goals? If you want to be a manager or move up the chain at a company it is fine and a well known name. If you want to work at Goldman you are going to be regretful.
youre also doing a part time MBA which is a totally different focus than doing a full time MBA program -- they arent made for career switchers and more so for advancing within the same firm. non top tier program+part time = dead in water ;\
Large firms being Goldman, JP, MS, etc.
I went to UCONN for my undergrad as well...major in Business and Technology just to finish out my undergrad and go for my MBA. I wanted to get done sooner than later being that I was in the military then decided to complete all my degrees.
As for internships in finance don't have any as my background is in IT. I had a job in IT and was laid off in march 2010. I graduated in May 2010 and decided to just go for my MBA full time after (part time program in Stamford, but doing it full time).
I was told try to get an operations job at a hedge fund to get some experience, but wasn't sure if that would be a good path or not.
should I plan on going for the CFA then since my b-school isn't a selling point?
operations/back office isnt going to get you near front office, esp after already having your MBA. what year did u grad? and you went to hartford or waterbury campus since you did B&T? youre still doing the part time program even if youre doing it full time and not getting any benefits of the full time, so for all intensive purposes youre a part time MBA student. what year did u grad uconn, i was done in 07. also the 'lack of experience' despite the job+military is going to be another issue. CFA is good for equity research but again gonna be hard without the experience... CFA used to be a good 'foot in the door' thing but now it needs to be complimented by a stronger MBA progrma usually
mind you not saying anything is possible just the stars arent aligning for you :)
I hate to be the douche, since OP is a vet and all, but if you are just now asking what you can do with your part time MBA in finance from UConn, then you are exactly the kind of recruit that is intended to get weeded out. You took on a huge investment of time and money without having any idea what the potential return would be, or if there would even be one. You said you had the credentials to go to a better program, but wanted to avoid the debt - that shows a lack of simple cost benefit analysis:
A) Go to UConn for cheap, come out making $60k (maybe, if you can even find a job) B) Spend $100k on top 10 program, come out making $100k+, with known placement stats
The information to make that decision is widely available to the public. And honestly, if I'm looking to hire you into a position where I need to rely on your judgement, you've already failed that test.
Again, don't want to be the one to flat out say you made a terrible choice, but I suppose I'll have to suck it up and be that guy.
well he didnt have the WE or the gmat (650 - might have been able to get a top 25 or 30 program? mendoza/mcdonough) for a top program and like many thought going back to school would be a good way to wait things out. partial ignorance n not knowing better maybe hit up happypantsmcgee and ask him for tips as a vet as to what to do but like i said behind the curve a bit on this.
and cmon our undergrads can get 55k jobs in corp fin no issue, i think the mbas do like 85k in corp fin senior analyst roles? :P
what DO you want to do? what are you aiming to do? we can try to make a roadmap and say if something is possible or not from there.
I got a 680 on my GMAT so getting into a better school wouldn't have been an issue.
I am going to the Stamford campus and did my undergrad there as well. I guess on positive I have still is that I can delay my graduation from May till December and do an internship over the summer.
I graduated back in May '10 and just went for my MBA directly after. When I got out of the military I worked in IT for a year and a half full time as a network admin. While doing my undergrad I worked there part time during the semester and full time during breaks.
I was offered a coop position doing corporate finance next semester and am going to take it most likely.
Djfiii, don't feel like a douche...its your opinion and you are entitled to it. If i was afraid of what people would say or if I didn't want to hear opinions I wouldn't be asking if what I have done is bad/useless. I've lurked around the forums a bit and I am aware people are honest and say what they think. Also, I would rather have something said blunt than have it sugar coated....use to it from being in the military as well.
corp fin @ ge? united tech? insurance? where? def take what you can.. PM me if you want. obv what you did isnt necessarily ideal and you would have done things differently but cant do much now so gotta see what you want n whats possible n what you can work with now.
I would definitely take that co-op. That's the only glaring hole in your profile if you want to get a corporate finance gig after graduation. You have the military background, and the MBA will be good to land you some place as an analyst as shorttheworld pointed out. In all fairness, I was probably more negative than necessary. It doesn't sound like you're expecting the uber elite MBA type jobs anyway, which is really what I was referring to. As others pointed out, you have a fine profile to land in a F500 corporate role. So, I'll take that douche award after all.
no he said he wants to do forex trader or an associate position in IBD :P so he still wants high end but i think corp fin analyst mmuch more reasonable and possible for him
ah, yea, well pretty much zero chance at IBD, especially in this market.
MBA Uconn (Originally Posted: 07/24/2015)
I'm thinking about going for an MBA from UConn or Sacred Heart University. I have 5 years of experience in accounting but would like to switch to a Financial Analyst position. Before I take on a lot of debt I wanted to know if an MBA from one of these schools is worth it? Will I be able to switch industries and get a decent job after graduation?
IDK why'd you want to go in as Fin Analyst after 5 yrs of experience. From what I understand those positions are for ppl with no experience (coming straight out of Ugrad or Grad/ MSF programs). As far as an MBA from UCONN: I'll give you the same advice that I've got on the forum: Definitely aim for top 20/25. Outside of those your ROI decreases. You shouldn't even think about quitting your job if it's not a T50 MBA program (which UCONN isn't btw). Better do PT MBA and then try to switch to finance.
I would go with UCONN over Fairfield. It's a no brainer.
dhman06 where are you getting your info from. Although UConn might not be top 25, it usually makes the top 50 in many rankings.
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