Worth Pursuing A Masters in Finance with Investment Banking Experience?
Current Investment Banking Analyst 1 in a fairly small boutique investment bank. I enjoy my co-workers and pay is on par with street. However, I don't feel like I'm truly close to them (different personalities) and it's been hard making friends being in Atlanta (where I literally have no family or friends). With that being said, I'm trying to move to a city closer to my college buddies and thinking of doing an MSF.
Further, I'm from a non-target, so I thought I could also use re-branding. Do you guys think if I go for a (Target/Semi-Target) MSF I could lose my ticket in IB? I'm not so much scared of starting as an An1 again or interviewing, but full-on losing banking due to age.
While I have good deal experience for lateralling, the coverage groups in the my friends' cities are basically non-existent at my firm.
Apologies for the lack grammar, duel handing this while working.
Bump…wondering the same
Bump
I think it may be worth it at the right programs. USC for California, UT-Austin for Houston, Vanderbilt for Northeast/Southeast, MIT for BB/EB anywhere. Other programs may be helpful for regional placements, and new alumni networks can help you out more if they know you have some experience.
Edit: also Duke MMS is good for BB placement if you have experience. Look at their employment reports
Thanks, couple questions. What do you think the odds of getting into MIT coming from an average IB shop? Is it as difficult as getting into it's MBA program? I was pretty impressed by there brochure.
What i know about the MIT MFin program is that the cohort runs very young, and lot of internationals. There are majority of students coming into it right out of undergrad.
I'm not really sure about the odds for that program, but I do know they are mostly international and highly competitive. The program also seems to place a focus on quantitative backgrounds. I think with 2 YOE (most MSFs dont take people witth more than 2 years) and good GMAT/GRE scores (especially quant), you could likely get in.
Bump any other insight would be appreciated
Also another program to look into is Emory's Mastsrs of Analytical Finance (MAF). It seems like a good program, and it is almost all international students. They had an average GMAT of 734 for last year's cohort, so I never applied (I had 700 and didn't want to pay the app fee)
Seconding Emory MAF. very new program but they’ve had a couple good IB placements in us/eu
How good of IB placements? Are we talking about like multiple kids to evercore?
Go to Georgetown MSF. You’ll find many people there who have IB/PE/PC experience who are looking to rebrand/do the MSF instead of an MBA. Also a good number of people who didn’t recruit well after undergrad/are non targets who are leveraging the MSF to get into banking.
If you’re a non target undergrad, you can place into a MM shop; if you’re a semi-target/target undergrad you can place into a BB/EB.
I worked at a developer (think construction management) and went straight into infra PE out of the Georgetown MSF. Chose the program for the technical skills and alumni network and everything worked out for me.
I've talked to their advisors in the past actually, however, I'm slightly skeptical, it sounds like they accept everyone with reasonable experience and their online. Also what does the feasibility look like for EB/BB placement, I don't think spending a ton of money is worth the masters otherwise since I'm already in MM IB.
I’ve met a good amount of people who came from the Georgetown MSF. I’ve heard they operate in a hybrid structure (i.e. there’s periods of mandatory, in-person class work) so the networking aspect isn’t as bad as I initially thought. They also pride themselves on being the only program with a dedicated MSF career services office, which could be beneficial for EB/BB networking. Roger Altman, Evercore founder & chairman, went to GT as well so I’d assume they hire from there fairly extensively.
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