master in finance as an insurance?

I got a shitty ass GPA (3.0) - still made it to a few super day interviews surprisingly

but it seems BB or EB are rly difficult to break in - so considering master in finance as my insurance plan

is it possible to go to a decent master in finance program with that GPA;;? or should I start working in a small ass boutique with 5-10 people and try to move up;;

 

Very possible to get into a good (if not top) MSF with a 3.0 gpa. Just make sure to kill the GMAT/GRE, write good essays, and pick up some extracurriculars. If you’re able to get a solid internship or two while still in undergrad, that’s even better. GPA is just one factor in the admissions process, as long as the rest of your profile is good, it shouldn’t derail your chances.

 
Most Helpful

Top MSF programs: MIT and Vanderbilt Good MSF programs: Villanova, Boston College, WUSTL (slightly overrated), Notre Dame (more so regionally), UT-Austin (more so regionally) Average, but do well regionally: Ohio State, Penn State, University of Illinois, Michigan (Master of Management - finance track)

There are a ton of other MSF programs, but I would avoid them if your goal is IB unless you want to work in the local IB scene of the university. I actually go to an MSF that I didn't list above, but I had 0 interest in doing IB in NY. Someone below said MSF programs are expensive, they absolutely are, but many are generous with scholarships for domestic students. Someone also said that recruiting for IB from an MSF is very difficult, that is absolutely true. Most banks accept MSF students but don't actively recruit them, so you need to be proactive with networking. This is especially true considering most MSFs are one year programs so there isn't room for an internship (MIT has an 18 months option, BC has a part-time option), and a lot of IB specific resources at these schools are exclusive to undergrads. With that said, it's not impossible, just don't become complacent and realize from now that an MSF does not elevate you above the undergrads, it leaves you even at best unless you have strong internship experience from undergrad already.

 

no chance to work in IB or PE (meaning front office roles) with a MSF? - i mean, i think these programs heavily rely on quantitative stuffs, but i am interested in IB or PE and trying to use MSF to get that kind of jobs u kno..

 

IB mostly accept master student in front office is Quant Strats and Quant Trader, which requires MS in Financial Engineering or Mathematic Finance. Usually MSF would not be very quantitative.

 

Iusto cupiditate illo illum aliquid ullam. Aperiam quod itaque maxime ducimus hic.

Ipsum assumenda ipsam quia consequatur est accusantium. Ea at quos sed quod possimus. Voluptatem sit aut saepe cupiditate ad nostrum ipsam vel. Sunt voluptas cupiditate eum nihil tempora.

Occaecati nostrum repudiandae id impedit omnis. Sunt voluptatem et inventore et officia eos. Totam provident consequatur minus.

Ratione molestiae distinctio sint aliquid. Minima perferendis voluptas magni. Laudantium voluptatem possimus quia ducimus ex.

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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”