University of Southern California Master in Finance Program **Updated**

USC is rolling out an MSF program now, giving the West Coast another much needed master in finance option.

The inaugural class is starting this May with 50 students. Right now GMAT/GRE is optional, but I would imagine that will change. I've reached out to admissions to get more information as the site is still in a process of development. Very exciting stuff.

http://msfhq.com/university-of-southern-california-master-in-finance-pr…

**** Update 2/5/13 ****

USC will NOT be rolling out a program this year. They are still discussing the possibility of starting a program and put the website up by mistake. There is a good possibility the program will start up in the future, but right now it is not happening.

 
lasampdoria:
Wow. Just in time.

Any word on GPA/GMAT targets? Would you expect them to be roughly equivalent to their full time MBA program. or the MACC?

Well it seems like their class is already full so I wouldn't get too excited. Not sure what to think right now. I've reached out to them and am waiting to hear back.

 
lasampdoria:
Would imagine that without GMAT/GRE, GPA would have to be 3.7+.

But would definitely bite the bullet and wait a year to improve my profile if this program is legit.

I know Marshall is semi-target for Cal / West Coast, but is it really that good of a school? I'm not trying to be a douche, I'm really curious.

'Before you enter... be willing to pay the price'
 
Best Response
BepBep12:
lasampdoria:
Would imagine that without GMAT/GRE, GPA would have to be 3.7+.

But would definitely bite the bullet and wait a year to improve my profile if this program is legit.

I know Marshall is semi-target for Cal / West Coast, but is it really that good of a school? I'm not trying to be a douche, I'm really curious.

Didn't get that impression at all BepBep12, no worries.

As a SoCal kid, I have seen first hand that for the LA IBD/high finance scene, USC/UCLA are more than enough to open the BB door. Is it that good of a school? It is certainly not as well regarded as Berkeley or Stanford, but it is certainly well-regarded by SoCal employers. If you want to go anywhere but LA/SF/San Diego, you might struggle competing with more grads from more prestigious schools.

USC usnews ranking: 24 USC forbes ranking: 95

For my goals and location preference, USC is definitely top 5.

"Come at me, bro"- José de Palafox y Melci
 

Guys, do realize a couple things.

1) This program is already full this year

2) It is very likely that this is an overflow for international MBA applicants

3) I'd say it will take a couple years for this to be more formalized

Happy to see the program and a great addition, just be cognizant of this.

 
TNA:
Guys, do realize a couple things.

1) This program is already full this year

2) It is very likely that this is an overflow for international MBA applicants

3) I'd say it will take a couple years for this to be more formalized

Happy to see the program and a great addition, just be cognizant of this.

:( Opps.

'Before you enter... be willing to pay the price'
 
ALF.:
Wonder what the tuition will be? Seems to be a little bit of a range when it comes to MSF programs.

Yeah I'd expect tuition to match their MACC program. ANT, do new programs initially struggle with offering scholarships/grant aid? Is this something that more mature programs tend to offer? Thanks again,

"Come at me, bro"- José de Palafox y Melci
 

Nothing. I hit them up on twitter and got no response. Site is still down. I think they just freaked out some. I was sending like 20 clicks a day at their link, who knows how many more went through Google.

 

Post the link when you get a chance, I wasn't able to find it on google. Thanks! Edit: Used your link. Nice website!

@TNA I'm actually really interested in this. How will this program place relative to other MSF programs? I did a finance undergrad at a state school and am in an FLDP w/ a F100, but curious about using an MSF to switch to IB. Any thoughts? I turn 24 in May 2014.

 

Not 100% sure since it is going to be a new, first year program. USC's brand and reputation is really good and there are going to be a ton of alumni on the street. The West Coast doesn't have a ton of MSF programs so this is a welcome addition. I'd look at it like UT Austins first year. You'll be leveraging the schools brand and alumni mainly since there won't be any historic MSF placements.

 

Heads-up, your MAcc site is down

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 

I'm currently a junior at a non-target,practicing my technicals, ramping up my networking, etc. so it is still possible for me to land IB straight out of undergrad...but damn I wouldn't mind going here. In the back of my mind I need to have plan B in case I don't get an internship this summer/FT recruiting doesn't go well.

Didn't want to borrow $30k/yr to attend there for undergrad but I'd borrow a decent amount of money for a masters there.

Thanks for the updates TNA

 

Just got an email from USC Admissions.

They said they received over 900 applications for this program. They will be sending out Acceptance letters in the next few weeks.

That is all I got from them. This is for the May 2014 Cohort.

Hope that helps

Good luck ALL.

 

SC got 900 applications specifically to its new MS Finance program? I wonder who all of those applicants were, because my impression has been that MSF programs typically get maybe 200-300 applicants and accept about a third.

 
undefined:

What the hell, the average GMAT for the masters of finance program for USC is higher than their MBA.

This does not surprise me as there is usually a large chinese (read: higher quant scores) contingent at these MSF programs. In fact, I would not be surprised if most of the top MSF programs have GMAT averages at or above their MBA counterparts.

Array
 

USC's MSF program is run by a professor. Professors tend to now focus on placements, but on admitting students with the highest scores and best stats. Why? Because education is the end in itself. Admissions officers tend to think about placements which means you admit someone with slightly lower stats, but the ability to place.

Because of this I think you will see less emphasis on placements from USC's program. Does this mean it is a bad program? No.

If you are a domestic student with a modicum of social ability you will be able to land top jobs from the USC MSF program. There was a posted who did their MAcc degree right before the MSF went live and he landed an IB job from the USC network.

USC has a ridiculous network. There MBA is strong in that area. The school is a semi target. Simply network, talk with the MBA career office and take advantage of OCR. You don't need historic placements to tell you that students can succeed from this program if they take advantage of the resources available to them.

 
undefined:

USC's MSF program is run by a professor. Professors tend to now focus on placements, but on admitting students with the highest scores and best stats. Why? Because education is the end in itself. Admissions officers tend to think about placements which means you admit someone with slightly lower stats, but the ability to place.

Because of this I think you will see less emphasis on placements from USC's program. Does this mean it is a bad program? No.

If you are a domestic student with a modicum of social ability you will be able to land top jobs from the USC MSF program. There was a posted who did their MAcc degree right before the MSF went live and he landed an IB job from the USC network.

USC has a ridiculous network. There MBA is strong in that area. The school is a semi target. Simply network, talk with the MBA career office and take advantage of OCR. You don't need historic placements to tell you that students can succeed from this program if they take advantage of the resources available to them.

agree with everything except below:

"Professors tend to now focus on placements, but on admitting students with the highest scores and best stats. Why? Because education is the end in itself. Admissions officers tend to think about placements which means you admit someone with slightly lower stats, but the ability to place."

I think they tend to look for people who overqualify. Since MSF is an afterthought to MBA and undergrads, if you don't have enough stats, you can't win in a dogfight of leftover OCR spots.

 
undefined:

Looks like they improved the general formatting of this year's resume book - last year's was absolutely terrible

agreed, the formats are much better. a few trends: maybe 50% is from USC undergrad?! and everyone has this USC MSF Association thing..

 

I think there is huge upside on the program given the USC brand name in LA but not for someone with 5 years of experience. 1-2 years (Maybe 2-3) is the max I would do for a MSF. More than that and you are being compared to MBA candidates and you have to sell an employer on how the MSF is better than an MBA for you (Difficult but not impossible).. 1 vs 2 years, Heavy Finance vs Management and basic finance, etc.

I would look at USC's MBA or UCLA's MBA if you are in LA... I am from LA but have never really tried going back so I don't know the UCLA vs. USC debate for business school

 

Are you recommending an MBA because OP is a career switcher + 5 yrs exp? Just for clarity, outside of IB, MSF can still hold value for experienced professionals already in finance (as we’ve seen with BC’s program), correct?

 

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