Is it worth going to study an Msc finance with no work experience in finance?

I am looking to study an msc finance in order to switch from my current career to one within finace. I have an engineering masters and work in O&G. This past year I have applied to countless jobs to no avail. I have been wanting to study an msc finance for some time as I believe it will give me the best opportunities, however I have one main question.

I am currently 23 (will be 24 in the summer) and don't have time to take the GMAT this year as I am sitting CFA level 1 in June. I reckon I could get into a semi target (Cass maybe) this year but would have no finance experience. Or I could wait a year, take the GMAT and try to apply for internships over next summer and head to a target school. However, then I will be 26 when I graduate, albeit I will have an msc finance and at least CFA level 1 (hopefully).

Thanks for reading this and any insight is greatly appreciated, as I am quite lost right now.

 

I was in a pretty similar situation. I decided to go the MSF route, and it has paid off. I'm at a nontarget in a relatively major city, and I got a buy side offer before graduating.

I could see the benefit of both paths. I would suggest going ahead just so you can start getting relevant experience because that's almost all that matters after you graduate anyway. That won't work unless you take a lot of initiative though. I could answer questions about the process.

JUST DO IT. Don't let your memes be dreams.
 

Et recusandae neque dolorem qui. Dolores debitis quae corrupti aut. Officiis soluta error sunt vel sit quasi ipsam. Qui consequatur earum et illum. Voluptas maiores eos et nisi pariatur dolore. Illo magnam perspiciatis ea voluptate.

Quia debitis et voluptas excepturi. Ipsam in non qui id dicta. Laudantium atque laboriosam nostrum.

Vel et veniam sint rerum omnis. Aliquid et veritatis in suscipit voluptas modi. Ea eaque sunt quia a. Vitae qui itaque molestiae saepe porro. Ipsa sapiente nesciunt sed iusto mollitia quos.

Omnis iure aut molestias eum. Rerum temporibus aut id iure. Quos rerum maxime et aliquid quis doloribus autem suscipit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”