Are MSFs worth it?

Question

Hi everyone. Thanks for your help so far

I graduated with a major in liberal arts and I’m having trouble finding finance jobs. I went to a nontarget (Big 10 state school) and graduated with a 3.5 GPA.

The application cycle has started for MSF programs and wanted to get your opinion on whether MSFs are worth it? My goal is IB then hopefully the buyside so ideally I’ll like to get into as an analyst. So I’m considering getting some finance experience then apply to a T16 MBA program.

What are your thoughts?

Blank999 · Accepted Answer

The answer is “it depends”. If you have zero experience and a limited network from UG, the degree can have a lot of worth. It ultimately comes down to what you do with it and how you capitalize on it.

Expecting IB from an MSF with no relevant internships or experience is a bridge too far. You can definitely set yourself up with a good first step job and move closer to your goal, but go into the degree with an open mind.

I’ve seen MSFs succeed and fail. Honestly, the difference is preparation and networking. Also, having a concrete plan and how you’ll achieve that plan is important.

BobTheBaker · Answer

It depends on what you have on the table after undergrad and what your goals are. Will say that just because of the way IB recruiting works (Junior SA -- senior year -- full time usually at the place you did SA) it is difficult to get in out of an MSF (Vanderbilt/ MIT are probably exceptions here). Other finance careers that can lead to FT IB (CF/ ER/ RE/ Valuations/ TAS etc.) are more attainable.

Esuric · Answer

If you can't find a job and you're interested in finance then yes, the MSF is for you. This is the function of the program/degree - to help the helpless. Crush the GMAT, get into a top program and you'll have approximately a 35% chance of IB success. There are other, more roundabout avenues available if you strikeout in IB (TAS/Bval/AM, etc.).

+69	Wealthy Parents / Jaded	22	17h
+48	How are hours rn for SA (interns)	29	5h
+45	Venezuela Debt Restructuring - LAZ vs CVP	20	4h
+40	Background check issue IB Full Time	23	17h
+36	A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING	8	1h
+30	Boutique firm wants access to my LinkedIn?	13	9h
+27	Investment Banking in Mexico	7	1d
+25	MM bottom bucket bonus	9	2d
+24	UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week?	12	13h
+21	Excel macros for QOL formatting	0	2d

1	redever	99.2
2	Secyh62	99.0
3	BankonBanking	99.0
4	kanon	99.0
5	Betsy Massar	98.9
6	DrApeman	98.9
7	dosk17	98.9
8	CompBanker	98.9
9	GameTheory	98.9
10	Mimbs	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Are MSFs worth it?

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Are MSFs worth it?

Trending Content - Investment Banking Forum