MSF at UF?

Hi, I'm a current undergrad at UF, heading into my sophomore year. I'm very interested in something in I-banking, trading, or consulting (at top institutions), which I will narrow down as time passes. I'm majoring in economics (may switch to finance) and mathematics.

I just found out about the MSF program here about a week ago and have been doing some research on it. Now I realize that it's not necessarily the greatest MSF out there, but it would be very inexpensive for me (in state, kinda strapped for cash), and would only add a year of school on for me, meaning I could graduate in 2016 with an MSF. The couple things that I like about it are that the internship placement over sophomore & junior summer would probably be better than what I could get now (they do have a few that place impressively, Cof15 MSF had 1 GS, 1 JPM), the school seems to focus/help out MSF students more, and you can take MBA program classes. However, and maybe this is completely wrong, it seems like with an MSF there is no point in then going to grad school or pursuing an MBA (as I said, may have read this completely wrong)?

I know UF is definitely not a target school, but it is a large state school with a huge variety of networks to chase after. My question is would I be better off with just graduating undergrad normally (and risking not getting good internships) and then look at grad school, or should I go for the MSF (get good internships + post grad job) but then not pursue grad school (at more of a target institution than UF)?

One other question is, my GPA right now is pretty bad (banking on really good finance related ECs/work to get me into MSF) bit higher than a 2.8, had some problems adapting/medically freshman year. I know I can get 4.0s at this school, and I'm hoping to have 3.4ish by end of fall, 3.55ish by end of spring. I read somewhere that getting into the MSF is like resetting your GPA? What exactly does that mean? Is it because you can then list your GPA on resume as 1) undergrad total and also 2) post MSF admission courses? Because that'd probably help me a lot.

Thanks in advance.

 

I heard Wells Fargo recruits from the MSF program at UF. They pick students who are literally the best though, and they've had other internships at comparable firms prior in all likelihood. Your only shot out of UF will be if you are a top 5 student in the program. There are too many other well known and competitive programs out there to pull from instead (you'll be competing against Ivies, MIT etc)

 
westcoaster:
I heard Wells Fargo recruits from the MSF program at UF. They pick students who are literally the best though, and they've had other internships at comparable firms prior in all likelihood. Your only shot out of UF will be if you are a top 5 student in the program. There are too many other well known and competitive programs out there to pull from instead (you'll be competing against Ivies, MIT etc)
I wouldn't be surprised if they did, because they are pretty big throughout Florida and are linked into the University as the official bank. I'm actually hopeful on working there this year, part time teller/part time helping out with more finance/banking related things.

This isn't very encouraging news though, as I'm definitely aiming higher than Wells Fargo post graduation.

In other words though, would you say I'm better off going through undergrad with the econ/math double major and then aiming for a nice grad school that is more of a target than UF?

Or should I take the MSF, study my ass off to do really well in school and graduate at the top? (Also, am I right in saying once you have the MSF, you don't really do grad school/MBA)?

I'm just unsure on which path would lead me in the better direction. I have a pretty decent network to draw from...UF alumni, fraternity alumni, I was also born in Switzerland and my parents have a fair amount of connections throughout, especially in Zurich where much of the financial stuff takes place.

 
Best Response

Just graduated from UF majoring in Finance and started my FT position with a top MM bank.

Wells Fargo and SunTrust both recently started recruiting at UF so it its becoming a semi-target. The MSF program can offer some great networking opportunities, but it by no means guarantees an entry into ST/IB. As an undergrad, I was heavily involved in student organizations, a collegiate sport, got a couple decent internships, networked hard, and had a strong GPA. Along with myself, there were 4 other undergrads who broke into FT banking; most of them had similar GPAs and involvement to myself.

On the other hand, the MSF class placed 8ish graduates in banking for full time. The program is great from an academic standpoint and offers some great classes and modeling experience that you won't get as an undergrad; however, there are some drawbacks. You won't really have the time to get involved with any of the student organizations or become a finance TA. Additionally, it is a combined degree degree program so it does not add a year to your studies. You also have to weigh whether or not the added tuition expense is worth it since bright futures will not fully cover it. You should also look at the long term, since many MBA programs shy away from MSF applicants because they want to be able to offer your something that will be useful. Also, the head of the MSF program does her job well, but is very selective with applicants. Typically, you need an A in FIN3403, a 3.7+ GPA, a 650+ GMAT, and a top notch mission statement.

As an undergrad at UF, you can definitely secure a top internship and a FT offer if you get involved, network like a fiend, and bring up your GPA.

I was able to secure a PWM internship, an F500 SA internship, then network and attain the FT IB offer.

If you have further questions, please feel free to ask!

 
THE PsYcHoLoGy:
Just graduated from UF majoring in Finance and started my FT position with a top MM bank.

Wells Fargo and SunTrust both recently started recruiting at UF so it its becoming a semi-target. The MSF program can offer some great networking opportunities, but it by no means guarantees an entry into ST/IB. As an undergrad, I was heavily involved in student organizations, a collegiate sport, got a couple decent internships, networked hard, and had a strong GPA. Along with myself, there were 4 other undergrads who broke into FT banking; most of them had similar GPAs and involvement to myself.

On the other hand, the MSF class placed 8ish graduates in banking for full time. The program is great from an academic standpoint and offers some great classes and modeling experience that you won't get as an undergrad; however, there are some drawbacks. You won't really have the time to get involved with any of the student organizations or become a finance TA. Additionally, it is a combined degree degree program so it does not add a year to your studies. You also have to weigh whether or not the added tuition expense is worth it since bright futures will not fully cover it. You should also look at the long term, since many MBA programs shy away from MSF applicants because they want to be able to offer your something that will be useful. Also, the head of the MSF program does her job well, but is very selective with applicants. Typically, you need an A in FIN3403, a 3.7+ GPA, a 650+ GMAT, and a top notch mission statement.

As an undergrad at UF, you can definitely secure a top internship and a FT offer if you get involved, network like a fiend, and bring up your GPA.

I was able to secure a PWM internship, an F500 SA internship, then network and attain the FT IB offer.

If you have further questions, please feel free to ask!

Awesome post, thanks a ton.

I definitely think I may stray away from the MSF then. I really don't want to leave myself too limited especially when I'm still not 100% on if I want to do banking, consulting, or trading.

Plus, I think econ(or finance) + math is a pretty marketable degree, and it's just a matter of getting my GPA up. I have really good non GPA stuff for my year.

Thanks again, I'll probably send you a PM in a little bit when I have some more research done.

 

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Get out of UF, graduate early and do a MSF at as good of a school as possible. Don'T worry about the debt. You will be able to pay it off as soon as possible.

Everyone can say as much as they want, but UF's brand sucks.

 

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