Deciding between an MS Finance from Georgetown or MS Finance from Indiana, before applying to MBA Programs

consultant120's picture
Rank: Gorilla | 696

I'm currently deciding between Georgetown and Indiana for a MS in Finance. I'm on the road 4-5 days a week as a travelling consultant so both of these programs being online really suit me. They're both part-time programs as well.

I'm not willing to leave my full time job for a MS and would only leave my current position if it was a full time MBA from a top school.

The idea is I complete a MS in Finance (within 2-3 years) and apply to a top MBA program around 27-28 years old.

During the MS Program, I would like to switch to Deloitte's S&O M&A team or Deloitte corporate finance group. Post MBA, I would like to work at LEK or possibly even try and target a Growth Equity or VC firm.

Columbia is my dream MBA program so anything I can do to strengthen my academic credentials prior to applying to B School is my intent. (I've already been admitted to a few average MBA schools based on the GRE score, not GMAT, including GW/UMD Smith - however opted out). My undergraduate GPA is 2.52 so I'm willing to drop 60-70K on a Masters to prove I can succeed academically and have since turned things around. I'm currently taking a standalone finance class and performing well.

Which school would you recommend? Also, would you recommend any other online part-time programs?

Comments (17)

May 7, 2017

@TNA , another member recommended that you give the best advice. I would welcome any advice you have :) thank you!

May 7, 2017

Georgetown is the best online option , IMO. There delivery method is really slick. The others use a pretty outdated platform (at least the last time I checked). Gtown has some immersion requirements so be mindful of that. You can also show up for classes as well if you have some time and desire. Provides a nice option for that true college experience.

May 9, 2017

@TNA , really appreciate your thoughts. Makes sense. Do you think the MS in Finance from Georgetown would be 'strong' enough to help me move into either Deloitte corporate finance or Deloitte's M&A team (part of S&O), or possibly even lateral into LEK?

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May 10, 2017

The Georgetown program has close ties and does projects with Deloitte in DC and NYC over the summer. So if working for Deloitte is your goal then it isn't a bad option. I'm not sure which departments within Deloitte they partner with though.

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May 9, 2017

Just an Idea but if you're willing to spend that kind of money to go to what is a relatively new and unkown MFin only to go back for an MBA then why not just do a PT MBA? there are a lot of top school like UT, Booth, NW, NYU that have these.

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May 9, 2017

Hi FaberGrad, the problem with a lot of part time MBA's is its very difficult to leverage a part time MBA to change a career trajectory. Also, since I'm travelling 80%-100% of the time, a part-time MBA doesn't make sense as I'd have to attend in person. I'd also be missing out on the clubs, activities, and networking opportunities in a part-time MBA.

May 9, 2017

Yeah I get that the travelling part kinda sucks but i still don't really think Georgetown's program is worth that kind of money (someone feel free to correct me here), especially when you'd basically use it as a stepping stone to an MBA where your combined tuition cost and foregone salary would easily total 300k over the two years.. I know Tepper and UNC have online MBAs if that changes your mind at all. I also think that at the end of the day, if you're happy with the job you have currently a PT MBA is worth it. Lots of people will disagree but your degree says MBA not PT/online MBA. Maybe another option would be to go to Georgetown and then wait a couple more yeas to do an EMBA? I believe these are somewhat easier to get into.

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May 9, 2017

What's the minimum ranked MBA that you'd go full time for 2 years?

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May 9, 2017

Well, I'm not going to get into Harvard/Stanford.

The only schools I'd consider leaving my job for would be Wharton, Columbia, Chicago, or Northwestern. Deloitte offers so many opportunities for growth. I constantly get to work with F500 companies and most of the time, get to work on super interesting projects and get to work with new emerging technologies including AI and Blockchain - so the value of implementing blockchain for a global bank is greater than an MBA from Georgetown or Emory.

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Best Response
May 9, 2017

Dude that's a tough list and you sound genuinely passionate about what you do so if you're just trying to get rid of that low GPA from the resume why not just do the CFA? The other thing you need to think about (I'm going through this too) is thinking how you're going to justify getting an Msc Finance first and then an MBA to the adcom. You really need to sell them on the fact that you need the MBA to do something the Msc can't get you which isn't impossible but it's another thing to have to tackle in your application.

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May 9, 2017
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