MSF at IU Kelley or USC Marshall

Hi all! I recently received admits to both IU Kelley and USC Marshall for their MS in Finance programs and want some insights.

Background:

  • Engineering undergrad from India
  • 2 finance-related internships (credit risk + commodity futures trading)
  • 1.5 year of full-time experience in a family business (non-finance)
  • CFA Level 2 cleared, planning to take Level 3 this August

Goal:
I'm targeting equity or fixed-income research roles in the U.S., with the long-term aim of moving into asset management.
I care more about career outcomes and favourable role than specific location preference (East/West coast/Chicago, etc)

Given all this, which program do you think better positions me for breaking into the research/asset management space in the U.S.?

Would love to hear thoughts on:

  • Strength of alumni/network in research/AM, and school's reputation
  • Relevant placement of candidates
  • Any personal experiences

Thanks in advance!

2 Comments
 

Based on the most helpful WSO content, here's what you need to consider when deciding between IU Kelley's MSF and USC Marshall's MSF programs for your goals in equity or fixed-income research and asset management:

  1. Alumni Network and Reputation:

    • IU Kelley: Kelley has a strong reputation for finance, particularly in investment banking and corporate finance. Its alumni network is well-established in the Midwest and has a solid presence in major financial hubs. The Investment Banking Workshop and other finance-focused initiatives at Kelley are highly regarded.
    • USC Marshall: USC Marshall benefits from its location in Los Angeles, providing access to West Coast finance opportunities. Its alumni network is robust, especially in California, and the Trojan Network is known for being tight-knit and supportive.
  2. Placement in Research/Asset Management:

    • IU Kelley: Kelley has a history of placing students in front-office roles, including equity research and asset management, though its strength leans more toward corporate finance and investment banking. The Midwest location may limit exposure to West Coast opportunities but offers strong connections in Chicago and other regional financial centers.
    • USC Marshall: USC's MSF program is newer and may not have the same level of established placement in asset management or research roles as Kelley. However, its proximity to major West Coast financial firms and the growing finance scene in LA could be advantageous.
  3. Program Fit for Your Background and Goals:

    • With your engineering background, CFA Level 2, and experience in credit risk and trading, both programs could help you pivot into equity or fixed-income research. However, Kelley's structured finance workshops and focus on technical skills might align better with your goal of breaking into asset management.
  4. Location and Long-Term Goals:

    • If you prioritize breaking into asset management and are open to working in the Midwest or East Coast, Kelley might offer a slight edge due to its established finance reputation and placement record.
    • If you see yourself building a career on the West Coast or leveraging the growing finance opportunities in LA, USC Marshall could be a better fit.

Recommendation:

Given your focus on career outcomes in equity or fixed-income research and asset management, IU Kelley may provide a stronger platform due to its established reputation, structured finance programs, and proven placement in front-office roles. However, if you value the West Coast network and opportunities, USC Marshall could still be a viable option.

Sources: MSF Class of 2018, Kelley School of Business at Indiana University or University of Florida?, Dilemma- USC MSF/ WUSTL MSFC/ NYU MBA?, How To Get Into IB From Kelley, UCLA vs IU Kelley

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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