Hi monkeys
I recently received an offer by Rochester MS Finance and I am looking for any useful advice and information. I am an international student so Rochester's STEM designation is something important for me. I am interesting especially about what do you thing about the placements in IB in NYC. I am still waiting for answers from MIT, Nova and USC. Also my offer from Rochester includes a very high scholarship.
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Very underrated program.
if you're sure about NYC IB, I would drop Nova and USC with rochester on hand. Going to MIT, if you can, is more than obvious, Big scholarship as-is will help you offset networking expenses - just plan budgets as if you have to pay tuition.
Thank you for your answer. Yes, I totally agree about Nova and USC. Of course MIT will be my obvious choice ( I will know tomorrow). Regarding Rochester I have read very mixed reviews, both very good and very bad ones, so I am not sure yet. Most of the bad reviews are related with the lack of extensive OCR. What is your opinion about that? Is Rochester well respected in the street?
Go to Rochester because of the following:
1) STEM 2) Bigger name overseas
Do not expect NYC IB from the program. It is a fine school, but the rankings (MBA) have gone done over the years. Students place just fine from the program, but is has a massive class size, is mainly international and the school is in the middle of nowhere.
As for dropping Nova and USC. Nova places almost entirely into NYC. The program isn't STEM which will hurt you. That being said, they have a much smaller class size and limit the number of internationals to give those that are admitted a fair shot.
USC is the far better brand than the three, but if your goal is NYC, the choice is clear.
Thanks a lot for your answer. I have read many posts in your site and it helped me a lot during my research. My goal is NYC because I already have some network with finance professionals there in IB and it would be helpful at the beginning. By saying not expect NYC IB do you mean that it is impossible or that it would be difficult? I will have my own car there and I am aiming to visit NYC as much as possible.
If you have your own network and mode of transportation, you will be in a much better place. Most of the international students are land locked there. The airport is fine, but not idea. Amtrak takes you to NYC, but it is a round about way. You can also do Bolt Bus or Mega.
Rochester doesn't have the best OCR when it comes to IB. The program did better when they had their NYC MSF program since a lot of current working professionals did the program, providing an alumni augment from the main campus. Years ago it was a T20 MBA program so banking placements were most likely higher then. I consider it a F500 type MBA program.
That being said, everyone in NYC will know Rochester and you are closer than save USC, Vanderbilt, or other MSF programs. There is some finance in the city if you want to try and intern and if you know people in NYC you'll have a leg up. With the scholarship and other schools you are looking at, UR is the obvious choice.
OCR is something you cannot get away. Basically it's this - you're in the pecking order with undergrad recruiting. There is no "MSF recruiting" and you can't compete with Simon MBAs. Your big scholarship check on resume will help you stand out, but you're never guaranteed to have OCR offers anywhere even with MIT. The counter to OCR is networking, which needs location, reputation, alum loyalty and time.
IB are heavily internship dependent and you'll have to open a wider net if you dont have a thing. ER, CorpFin are both good waiting spots for IB.
Rochester is not disrespected on street. But NYC is a hot destination. Outside of the NYC regulars (NYU, Columbia, Cornell, even Yale & Penn) there are still 20+ schools that can ship graduates to NYC all the time.
Lastly, talking a lot doesn't mean expertise. after Stanford, MIT equivalents and ivy league, international reputation of US schools drops faster than the it deserves. If you want reputation then Nova is gone first, and USC/Rochester just gets "Oh ok" type of reactions. That is from my dozen years living overseas.
Bear Stearns and Lehman Brothers recruited heavily from Rochester. So obviously the business school took a big hit from the financial crisis. That said, the MBA program has very solid placements and the MSF graduates get a fantastic education. They also benefit from the large presence in NYC. Unlike many other programs, the MBA and the MSF are fairly integrated (Alumni don't really discriminate).
I've worked with quite a few Rochester MSFs at Deloitte. Most went into IB after 1 year stint in Bval. One went straight to UBS after 8 months. Just some anecdotal evidence for you to consider.
Thanks! Very interesting facts.
Hi monkeys,
I hope you are all well
A quick update for my situation. After getting all my results I rejected by MIT and I accepted by Rochester, USC, Villanova and Duke MMS.
As I told you some weeks ago the most possible outcome for me would be to accept the offer from Rochester but under the new info and especially acceptance from Duke I would like to hear again your opinion about that.
What do you think about the trade off between an MMS instead of MSF and the brand difference of Duke against Rochester?
Duke's MMS offers you nothing. It's just a cash cow for the school. An easy way to profit off of its brand. Go with Rochester, get OPT, get a fantastic education but see if you can leverage Duke's offer into $$ at Simon.
when you interview without finishing a class, it is about the brand sadly. USC and Duke are both good levers, use them with each other may help $$
Also to note that from those programes only Rochester is STEM
If your goal is to get employment in the US, I'd say STEM should be the most important factor. A friend of mine from UG currently doing the Duke MMS and she's still struggling with securing a job
agree with this. If you have STEM, firm basically doesnt have to worry about sponsorship and it makes a BIG difference during recruiting.
can u plz share ur profile?
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