Seeking Guidance: Investment Banking Internship, Masters in Quantitative Finance, and Future Career
TL;DR: Landed an investment banking internship, now unsure whether to pursue a Masters in Quantitative Finance or focus on trying to land a full-time offer.
Hey WSO, I need some advice on my current situation. I'm a senior undergrad at a large non-target public uni on a full-ride, majoring in Finance. I scored an investment banking summer internship at a regional boutique bank (smaller than 15 people) with S&T and research divisions, and they've worked on some big deals in the past.
Now, I'm torn about my Masters program. I rushed into a one-year Masters of Science in Quantitative Finance at another large, public, non-target school. The program costs around $44k, but I have $20k saved up. I was late to the investment banking game, couldn't do an MSF, and thought the $20k was for education only (turned out it wasn't).
I was good at math in high school (last class was Calc BC), but this program would require me to learn stochastic calculus, Black-Scholes, Monte Carlo, and other advanced math. I have a basic understanding of Python, and I'm learning R in a systematic trading strategies class this semester. It's been challenging, but kinda fun. Still, programming doesn't come as naturally to me as finance and economics, and I enjoy modeling more.
So here's my dilemma: Should I stick with the Masters program, despite its limited relevance to investment banking, or focus on trying to land a full-time offer after my internship? I know my chances of getting a full-time investment banking role aren't amazing, so I'm looking for some perspective from you guys since I don't have anyone else to discuss this with.
Appreciate your thoughts!
Autem officia rem exercitationem quis sit reprehenderit necessitatibus. Sed deserunt at ullam ipsum animi. Distinctio unde consequatur harum blanditiis aut quae occaecati. Quia eum quia aliquam qui sunt libero vitae.
Necessitatibus tempora sit nihil alias et autem vel. Non esse quia laudantium nostrum dolore exercitationem et. Mollitia necessitatibus eos incidunt nihil quibusdam eligendi soluta.
Non hic voluptatibus et omnis blanditiis cumque sit ut. Reiciendis temporibus autem officia accusamus. Sit rem expedita tenetur ipsa officia voluptas. Ratione a amet eos iure et. Quod provident officia dolorem sunt. Possimus quasi vero reiciendis cumque. Atque distinctio ab aut quis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...