Do I need a masters in Finance to get into FO?

I am a May 2018 Graduate from a no name Maryland State school.
3.6 GPA but lots of good extra circulars and leadership roles.
I work at JP Morgan in a back office, Financial Control Role in Delaware (interned previously)
I passed CFA Level 1; have Bloomberg certification, and manage my own 15K portfolio 20% return in 2 years.
Have not taken GMAT yet but I'm 90% sure i will score at least a 650; and I would say 25% chance I score over a 700.

Currently I am seeking to obtain a front office firm preferably IB at a BB or MM. I do not think my resume is nearly at a level where I could be in the running for those jobs.
So my initial thought is that I should apply for a 1 year Masters in Finance Program to basically get a redo of my senior year and hopefully apply to these new Jobs with a much better school on my resume.

Questions:
Is it necessary for me to go get a 1 year MSF in order to get a FO job?
Is paying $50,000+ for a 1 year MSF worth it?
What schools from my below list are either out of reach for me or not a good program?

Any advice for me in general about moving into a better role?

 

msfs rarely land FO banking roles since there is usually no internship portion of the program. If you really want FO IB your best bet is to continue working a few years, then apply for a T15 mba.

 
Most Helpful

Rerum rerum quaerat totam optio. Aperiam qui voluptatum ut cum. Sunt pariatur quia eum praesentium aut. Minus amet quia autem soluta eligendi quisquam reprehenderit. Explicabo omnis est id iure. Dolor natus animi sunt nemo fugit et laudantium. Quos voluptatum quam omnis nam voluptates.

Rerum non suscipit est. Omnis veniam modi exercitationem est.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
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...”