Baruch College - MS financial risk management, is it helpful?

Hi all.

I'm planning to apply for the master in financial risk management program at Baruch College next year. The program is relatively less costly and it's STEM designated, in addition to being in the heart of new york. But I'm particularly reluctant because I haven't seen any "good" employment data about it, I hope some of you can help me. I want to break into investment banking, equity research or credit risk. I'm in my last year of undergrad, from a non-target in Egypt; GPA: 3.4, GMAT:700. I'm taking CFA L1 in Feb and planning to subsequently take L2&3. I have one internship at a commercial bank (top 15 in the middle east), and an internship at a big4 firm next summer (delayed from this summer). I can blend in perfectly in NY, so I can depend heavily on networking.

With that said, do you think this program will help me break into banking?

Thanks in advance



Comments (9)

  • Analyst 1 in IB - Ind
Sep 10, 2020 - 7:49pm

As a Baruch alumni, I strongly discourage it. Baruch's masters programs are catered to people that just want a masters for resume purposes. Recruiting is awful, and the education isn't that great either.

You have a high GMAT, and would recommend you apply to some of Columbia's programs instead.

Sep 10, 2020 - 7:57pm

First of all, thanks for your reply.

I'm thinking about Columbia, of course, but the program's tuition & fees are a huge setback, especially because I'm financing the greater bulk of the degree with a private loan. If the recruitment issue with Baruch can be solved by heavy networking, that's fine by me; otherwise, do you think Columbia is worth the cost?

  • Analyst 1 in IB - Ind
Sep 10, 2020 - 8:05pm

Everyone is networking heavily in NYC. People from NYU, Columbia, top schools in states close to NYC and farther out are definitely sending emails/calls and trying to land the same jobs you are.

Baruch alumni do not help each other out. The only time a Baruch alum helped me was when we were on the same level so to speak, worked at the same firm and I was going through the interview process at her firm. Outside of that, no one cares.


I don't know how many years of experience you have, but maybe you should consider an MBA? Increase your gmat to 730ish and you should be in a good spot for a top tier program.

Sep 10, 2020 - 8:21pm

I'm 100% doing a top MBA somewhere in the not-too-distant future, but not now, as I'm still undergraduate, graduating next summer. The reason why I'm taking a conservative approach to debt now is mainly because a regular Master holder is always in a place of uncertainty when it comes to H1B sponsorship. MBA's have it much easier, so the inordinate debt is less problematic. Also, I often see Baruch being listed as a top MO positions feeder. Is it true? If it is, do students still have to go through the same hassle?


I'm really annoying aren't I



  • Intern in PE - Growth
Sep 11, 2020 - 12:59am

I'm gonna level with you.
People have been very polite in telling you this program is a bit shit and won't get you where you want.
You probably should look to top MSF/MBA programs in US and Europe to have a decent shot. This random Baruch masters plan is pretty bad.

  • Analyst 1 in IB - Ind
Sep 11, 2020 - 6:50am

This is the same anon Baruch alum guy.

It's not easy to break into BO or MO. Baruch likes to use any statistic it can to market itself. The kids that break into MO from Baruch are really smart, have very high gpas, and had they gone to a better school they would probably be in a front office role.

Baruch's out of state tuition cost for its masters, plus living in NYC for 1-2 years wont be as affordable as you think. I like the advice someone else gave here, which was to attend a good European masters program or just work on breaking into one of Columbia's programs. 

Most Helpful
Sep 10, 2020 - 9:12pm
Start Discussion

Popular Content See all

This Fucking Sucks
+49OFFby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Why would any associate+ banker choose a BB over EB?
+32IBby Intern in Investment Banking - Mergers and Acquisitions">Intern in IB-M&A
PE isn’t the best way to get into b-school
+27BSCHby 2nd Year Associate in Private Equity - LBOs">Associate 2 in PE - LBOs
Share a day that looked like a Suits/Billions episode
+24IBby Intern in Investment Banking - Generalist">Intern in IB - Gen
What's Wrong with Warburg Industrial & Business Services?
+17PEby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A

Total Avg Compensation

February 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (31) $349
  • Associates (158) $231
  • 2nd Year Analyst (97) $151
  • Intern/Summer Associate (92) $144
  • 3rd+ Year Analyst (23) $145
  • 1st Year Analyst (366) $131
  • Intern/Summer Analyst (304) $82

Leaderboard See all

LonLonMilk's picture
Jamoldo's picture
Secyh62's picture
CompBanker's picture
redever's picture
frgna's picture
Addinator's picture
Edifice's picture
NuckFuts's picture
bolo up's picture
bolo up