Odds of enrolling into MSc Finance in top UK universities / potential other options

Hello there,

I've obtained an MSc degree from a low-ranked university somewhere in Europe in a non-finance/economics and  non-quant area (had statistics though).

I had to finance myself by working full-time through college and by excelling in my work role in a mid-sized business, I have started handling a lot of corporate development related stuff, and I have a total of three years of relatively okayish working experience.

The main issue is that my grades suck ass due to that, and they are slightly below what are the usual requirements of pretty much every UK university for their Master's degrees in Finance.

What are the odds I can enroll into a target/semi-target school with these not-that-great grades (considering my GMAT score is top-notch, and considering I have an okay explanation for why my grades weren't that good)? Also, I will finance the MSc with the funds I managed to earn through investing, but I am unsure if that helps my story.

I would try enrolling into several UK unis that seem as best options, but also other stuff (Bocconi, SSG, SSE).

10 Comments
 

Based on the most helpful WSO content, here are some insights and advice regarding your situation:

Key Points to Consider:

  1. Grades and GMAT Score:

    • Grades: Your grades are below the usual requirements for top UK universities.
    • GMAT Score: A top-notch GMAT score can significantly bolster your application. As mentioned in the WSO threads, a high GMAT score can sometimes offset a lower GPA, especially if you can explain the reasons behind your academic performance.
  2. Work Experience:

    • Corporate Development: Your three years of work experience in corporate development and handling related tasks can be a strong point in your application. Highlighting your professional achievements and responsibilities can help demonstrate your capabilities beyond academic performance.
  3. Explanation for Low Grades:

    • Context: Providing a well-thought-out explanation for your lower grades, such as working full-time to finance your studies, can be crucial. Admissions committees often appreciate understanding the context behind an applicant's academic record.
  4. Funding:

    • Self-Financing: Mentioning that you will finance your MSc with funds earned through investing can add to your profile, showing financial independence and responsibility.

Potential Strategies:

  1. Strong GMAT Score:

    • Aim for a GMAT score that is significantly above the average for the programs you are targeting. This can help mitigate the impact of your lower GPA.
  2. Compelling Personal Statement:

    • Craft a personal statement that clearly explains your academic journey, work experience, and how the MSc in Finance aligns with your career goals. Emphasize your resilience and ability to manage both work and studies.
  3. Targeting the Right Schools:

    • While aiming for top UK universities, also consider semi-target schools and other reputable institutions like Bocconi, SSG, and SSE. These schools may have slightly more flexible admission criteria and can still offer excellent opportunities.
  4. Supplemental Courses:

    • Consider taking additional courses in finance, economics, or statistics to demonstrate your academic capability and commitment to the field.

Additional Advice from WSO Threads:

  • Holistic Application: Admissions processes are often holistic. Highlighting your work experience, GMAT score, and personal story can help create a compelling application.
  • Networking: Engage with alumni and current students from your target programs. Networking can provide insights and potentially strengthen your application.

Conclusion:

While your grades may be a concern, a high GMAT score, strong work experience, and a compelling personal statement can significantly improve your chances of enrolling in a top MSc Finance program. Consider applying to a mix of target and semi-target schools to maximize your opportunities.

Best of luck with your applications!

Sources: Ask mbaMission about Business School Admissions, Extremely Low GPA to MBA Success Story, Ask mbaMission about Business School Admissions, Low GPA/High GMAT, Can an “excuse essay”/ life story help me get into a target/semi-target MSF?

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

I didn't even think about that option a lot. Two main reasons from my POV:

  • I have a feeling MSc Finance would give me better hard/quant skills for the finance world (IB/HF down the road)
  • I also think most MBAs are significantly more expensive than Master's degrees. I expect to have around 70K EUR from my investing which is about/close to enough for the tuition and the living costs (UK is just one year, and Bocconi costs only 17k EUR per year, while SSE is on the other hand free for EU citizens). MBAs are a bit far away for me at the moment.

I'd love to hear if you think it makes sense - I'm not against that option, potentially my reasoning is invalid :)

 
Most Helpful

Makes sense.
The reason why I mentioned MBAs is because most of the programs you mentioned are pre-experience - so it’s likely that you’d be disqualified from attending due how much work experience you already have (usually max is 2 years, and some programs are quite strict).
I know LBS and Cambridge offer post-experience MFins, but I’m not super knowledgeable on that space - and from what I can remember, LBS’ MFin was close to 60k in tuition already, which is already getting close to the realms of MBA fees

 

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