Msf/Mfin ultralow GPA, possible?

After looking fruitlessly for gainful employment in finance I was wondering, if I could score a 700+ on the GMAT (with a high quant score) is there a chance I could get into a upper tier program?

Some of the schools have GPA requirements, should I just avoid those? Most of the schools mention a capacity to do the coursework - which I'm thinking a 2.3 cumulative GPA doesn't inspire much confidence...

Comments (8)

Jul 3, 2011 - 3:42am

Never

For a Master in Finance ? You need a 3.0 GPA upwards

http://www.madhedgefundtrader.com/ http://www.tradersmagazine.com/
Best Response
Jul 3, 2011 - 3:55am

Also, don't listen to the guy who posted above me, lol. A couple more points:

Don't think you need to go to an awesome school. Its just an MSF, and its just long enough to give yourself a new GPA to leverage into internships and fulltime offers. One day, you can still go back for an MBA.

You don't need to take the GMAT. Take the GRE before August 1st, before they change it.

If this does work out for you, take my advice and leave your old GPA off the resume. If someone asks you about it, lie and say you got something in the low 3's.

Finally, PM me. I think I have a way for you do get some decent standardized scores with minimal preparation.

Array

  • 3
Jul 3, 2011 - 4:04am
Cries:
Also, don't listen to the guy who posted above me, lol. A couple more points:

Don't think you need to go to an awesome school. Its just an MSF, and its just long enough to give yourself a new GPA to leverage into internships and fulltime offers. One day, you can still go back for an MBA.

You don't need to take the GMAT. Take the GRE before August 1st, before they change it.

If this does work out for you, take my advice and leave your old GPA off the resume. If someone asks you about it, lie and say you got something in the low 3's.

Finally, PM me. I think I have a way for you do get some decent standardized scores with minimal preparation.

Good advice, when it works.

But he needs good mathematical skills...

http://www.madhedgefundtrader.com/ http://www.tradersmagazine.com/
  • 2
Jul 3, 2011 - 11:36am

A 2.3 will hurt you, but if your finance/math GPA is higher make sure you emphasize that. You HAVE to knock the GMAT out of the park. Also, make sure you have at least one finance internship under your belt.

MSF programs like to increase their GPA and GMAT average. If you can bump the GMAT average most programs will offset your GPA with another student. The killer is when you have a low GPA and GMAT.

When applying to programs, cast a wide net. The main programs get a lot of applicants so you might not get in to them, but there are dozens of US programs that are lesser well known and would be more willing to take a shot on you. The school name matters some, but you need to focus on improving your GPA.

  • 3
Jul 3, 2011 - 12:13pm

What ANT said.

I can't stress the utility of the UIUC MSF program enough. Its definitely not a top school or top program, but holy shit...the networking opportunities are endless. UIUC has pumped out so many undergrads/MBAs that are in high places in Chicago, its pretty much impossible to not get in contact with them.

I just completed the MSF a month ago. My only regret is that I didn't come to UIUC for undergrad. Its borderline impossible to come out of this school without a job(unless you are international). The grade inflation is ridiculous. The alums wanna help. The professors in the program have industry experience/contacts. And finally, the top shops in chicago absolutely love UIUC and U of Chicago. They pretty much do all of their recruiting from these two schools.

I was able to do 3 co-ops at 3 different places during my 12months in the MSF, simply because the MDs/principals were alumni.

Array

  • 3
Jul 3, 2011 - 2:23pm

Thanks for all the information guys!

@ANT,
Do you have any programs you think I'd have a chance for? I've read many of your other posts and I recall you mentioning the program is regional - should I apply to north eastern schools or set my sights elsewhere? Do you have a list of schools you think I should try? I believe I have the gumption to score a 700+, is that sufficient, or do you think I need a higher score to offset my GPA?

I currently have had an internship at a conglomerate in accounting, and an unpaid one in a small small houston hedge fund - is that sufficient? I heard somewhere that for an MBA I shouldn't mention the hedge fund exp, is that true here too? And if I did some work for an RIA, should I include that?

@ Cries,
I hear you regarding UIUC - but my my freshman GPA was 3.5, and my senior GPA was low 3s, it's the in between that kills me - although sophmore year was the worse.

I see what you are saying regarding the bringing up the GPA using the Msf - that was my plan too. Considering the proximate location of UIUC, are you on the east coast? I hear the GRE is easier than the GMAT, but I was kind of looking forward to the challenge.

I'm PMing you now.

Looking for a Finance Job - currently unemployed.
  • 2
Jul 3, 2011 - 2:28pm

Rerum qui quae excepturi est et molestias sint. Sed error similique repellat autem.

Nihil voluptates dolor ea blanditiis eaque rerum rerum. Qui aut quisquam natus et. Omnis cumque praesentium et tempore asperiores vel. Et earum ipsum id quisquam corrupti.

Start Discussion

Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (20) $379
  • Associates (142) $239
  • 2nd Year Analyst (84) $153
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (291) $142
  • Intern/Summer Associate (63) $143
  • Intern/Summer Analyst (223) $89