University of St. Gallen Master in Banking and Finance
I am a bit confused right now. I just completed the online application for University of St. Gallen and apparently it is not much of an application. Basically at the end of the application process, it asked me to send in the required documents and enrollment fee in order to complete my enrollment process. Does that mean the program is non competitive? So it is just a matter of completing the application form, having a GMAT above 650 (i have a gmat score of 700) and paying the enrollment fee? I was under the impression that the program is well reputed in Europe, hence would expect a more tedious application selection process.
Am i getting this all wrong people? Help me out here.
Thanks!!!
applications for European schools generally aren't as convoluted as they are for American schools. a lot of them don''t give a flying fuck about essays revealing your homo-erotic desire to one day run a non-profit organization or your other exaggerated and fabricated noble life aspirations.
the schools care about the tangibles: your undergrad grades, your GMAT, recommendations from past professors (usually) and your resume.
It has nothing to do with the quality of the programme or the competitiveness of the selection process. You certainly aren't guaranteed admission by meeting the listed minimum requirements, the requirements simply give people an idea of whether they should apply or not.
also, St. Gallen is a very good MSc finance programme.
a lot of them don''t give a flying fuck about essays revealing your homo-erotic desire to one day run a non-profit organization or your other exaggerated and fabricated noble life aspirations.
hahaha good old "homo-erotic"
Also I have never heard of this university
powerhouse business school of the german speaking world a top European MSc Fin programme good name cachet in europe, not so much in USA
solid school, maybe its just the app fee?
It stated explicitly on their website that if one has a GMAt above 650, enrollment is guaranteed as long as other supporting documents are in order. Does that mean I am in already, pending enrollment fee of CHF 250?? It just seems a little bizarre.
I would look at the second part of the stipulation which says that you must also meet the other requirements, admission is not guaranteed just for having a 650. I think that the avg GMAT score for most international applicants is around a 700.
http://www.studium.unisg.ch/org/lehre/soe.nsf/wwwPubInhalteEng/Internat…
The other requirements seem rather basic, especially if you've done an undergrad in Economics or Business and have a decent GPA. That pretty much covers their requirements. For some reason i expected a bit more competitive application selection process. I've applied to Bocconi Finance program and RSM, and their process seems competitive. I am just a little confused I guess.
I am from Europe and I can confirm that european schools mostly look at your grades, test scores and where you have gone to school. Although I don't know that much about St. Gallen, I think that they are one of the best schools in Europe. I think if you would want to work in Frankfurt or Zurich, there's simply no better place to be at.
I completely agree, stick with Bocconi for a large "relevant market"
I've got a buddy who got his MBA at St. Gallen. Of course, he was an American living in Germany with a German wife. As far as I know, a good school as long as you want to stay in Europe.
St Gallen is definitely a top school in Europe for anything finance related.
St. Gallen postgraduates are not that competitive to get in. If you have a 650 GMAT you are automatically accepted as long as there are places available (since there is a % cap in international students more places "open" as more domestic students enrol).
However, there are many Asian and Latin American students with GMATs of 600 or even lower. This is because the university has a policy of considering these people in order to foster diversity (otherwise all the internationals would be Germans and Austrians).
St. Gallen is the Harvard of the German speaking world, but for some reason it's unknown anywhere else in Europe (Netherlands, Spain, etc) and even in London there is a lot of people who have never heard of it. Hence, if you don't speak German or intend to work in German speaking Europe, it may not be a great idea to study in St. Gallen.
Wow, that's awfully low standards for a Harvard equivalent of German speaking world. How can the program hold any reputation if it accepts pretty much everyone it can take?? I just don't get it. I am looking at reputed MSC Finance programs in Europe (not just UK) that will help me land offers in IB/consulting/assetmanagement. track.
Average GMAT is 720 - that's pretty competitive - this is similar to LSE MSc finance and only lower than Oxford average in Europe.
LSE might be a better option if you want to break into banking in UK, US etc
I recently graduated from CEMS (see cems.org) which was ranked as the beste Master of Management by FT in 2009 and I know many people going into IB as a result. Now I am in the Msc Finance/Investments at the Rotterdam School of Management which you might want to check out as well. Finally HEC is always an option as well as Cologne
I applied to the RSM program recently. Waiting to hear back. What's your opinion on RSM so far? How do internationals fare in the job market at RSM Finance/investment program?
The RSM itself has ranked consistently among the top 10 of best european business schools. Furthermore the Finance msc is together with CEMS probably the best masters offered at the RSM. I know that RSM has strong ties with several IB´s and the strong performing students do get into IB, most often in London or an Amsterdam office...might wanna check with the international office as well ([email protected])
Thanks!!!! Anyone else with knowledge of St. Gallen Banking and finance program, please let me know. I am debating whether to even pay the chf 250 enrollment fee needed to process my application. What do people think??
Go for it, its one more open option.
St. Gallen is undoubtedly number 1 for most matters concerning Masters degrees in the GERMAN speaking parts of the world. The english program is likely to be reputable too but I have the feeling it really hangs onto the reputation for the schools main and german programme.
Plus you should also consider culture... the Swiss (especially at St. Gallen) really have a sort of germanic mentality that, depending where you come from, you might not enjoy.
Best of luck
if you enjoy throwing jews in ovens, you will likely have an enjoyable time.
it's a good school, and one of the few that actually properly puts their MBA students to the test. Not sure if they do this for MSc's as well but I think anyone doing this kind of post grad course should be able to with-stand a 90 minute viva right? http://stgallenmba.ch/studentblog/2012/second-half-of-the-mba-journey-i…
Just how hard is it for an International to get a job from the Master in Banking & Finance program at St. Gallen's? The reason I'm keen on this program is 1) Relatively Inexpensive 2) Switzerland is a haven for Asset Managers/HFs 3) Great specialized curriculum.
I'm extremely interested in Global Macro Investing. My goal is to get a position at the global macro research desk of a bank/hedge fund/asset manager.
I'm seriously considering doing an MIM or MSF to that end, primarily because such roles are impossible to find in my home country (India).
With the weak job market in EU/US, things get all the more harder for Internationals, so I'm skeptical about spending a ton of money. I'm fairly confident of getting admits to schools such as LBS/LSE/HEC/St Gallen. Infact, a senior from my school in India got a 50%+ scholarship at HEC. However, at this point of time I wouldn't spend that kind of money on anything but an M7 MBA, so unless I get a decent scholarship at LBS/LSE/HEC, its a tough call. I have friends (Indians) at LBS/LSE/Oxford struggling to get jobs, so spending a lot of money on those programs seems unjustified.
I'd highly appreciate if somebody could throw some light on the recruiting scene for Internationals in Europe from St Gallen.
Dear Tentop,
my name is Ninett and I am an admissions officer at the University of St.Gallen.
Just to point out a view things: Admission to the Master in Banking and Finance is not that easy. There is a selection process for every applicant. The GMAT of 680 (GRE 160)!! are the minimum eligibility requirements to apply for the program. Also note further application requirements: -Grade average at Bachelor's Level -Motivation letter -Extracurricular activities
Please watch out that you have a look at the special admission requirements for the correct Master program: http://www.unisg.ch/Studium/ZulassungUndAnmeldung/ZulMasterStufe/MBF/MB…
If there are further questions please don't hesitate to contact the admissions office of the University of St.Gallen directly: [email protected]
Regards Ninett
the german/HSG system is different from UK/US in the sense that getting in is easy but getting through is difficult(i.e. you have to do fuckloads of work, 1/3 of the undergrad class fails the 1st exam and leaves after 6months in HSG), whilst in the UK getting in is hard and getting through is very easy.
I am interested to join the English-language Master's in Banking and Finance (MBF) course conducted by the University of St Gallen. In this reference i have observed that the specific admission criteria awards 45 points to a candidate scoring 730 marks in the GMAT exam (i beg to inform that I fulfill this criteria). Further it states that : Art. 7. 1 The Admission Committee shall select applicants in accordance with the admission criteria stipulated in the above Section IV. The points to be awarded shall be added up. a) Applicants who score a minimum of 70 points pursuant to the criteria listed in the above Art. 4 (a) and (b) shall be admitted directly.
Now my principle query is that i have scored aggregate 63.7% in my graduate exams( Bachelor of Commerce with Honours,University of Delhi) in which all papers were directly related with business studies, economics and accountancy , and I was wondering how the same translates into the Swiss 6 point academic scale?. As per the of a Thai university a greater than 60% in Indian measurement corresponds to a 3.5 grade on the US scale which in turn translates to a 5.5 score on the Swiss scale. This would mean that i shall be entitled to 25 points on the criteria 4 (b). I just wanted corroboration of the same for your end as to whether the University of St Gallen (USG) accepts these conversion figures or not. If the USG has some other basis for conversion then please be kind enough to inform me the same.
I think you should just contact the admissions office how they convert your Indian GPA into their Swiss one.
i apologize if i've broken any rules of the forum... i have already written twice to the admissions office, they are yet to respond ... as there are very few places where st gallen is discussed on the net...just thought someone here might be able to throw some light on it... although everything about the MBF brochure is tempting ..what with CHF 97000 avg pay packet and full employment.. i wonder if english speakers have the same avenues as those speaking german
Thinking of doing the Master in Banking and Finance (MBF), University of St.Gallen (Originally Posted: 10/22/2012)
Hey guys,
I'm very interested in doing the Master in Banking and Finance from the University of St Gallen. I'm currently doing my pre-master at another university in switzerland where I've "almost" finished my bachelor degree in economics; I passed all my exams but I still have to write my bachelor degree paper. So I'm looking to apply to the MBF for September 2013.
What do you think of this program? It's currently among the top finance programs in Europe, it's #5 in the Financial Times' list of Masters in Finance Pre-experience 2012.
I think it would be ideal for me. I would get to stay in the country, it wouldn't cost too much cuz I could come home every now and then, it's only about 3 hours away by train. So it's not like I'd have to leave the country to study, I woudn't have to take care of too much paper work, etc...
Also, it's very cheap, about 1'300 swiss francs per semester which is nothing compared to UK/US master programs. I'd have to find a flat and I'll have expenses but it's so much more cheap. I couldn't afford to go to a UK program for example, unless I get a loan, and I don't want that.
Plus I'm looking for a challenge. The university I go to is pretty good, not the best but still good. It's just that I pretty much managed to get by with "minimal" effort, I'd study 1-2 weeks before the semester exams and I'd manage to pass. I didn't really have to bust my a$$ to get this degree. I'm still proud of myself but meh, you know what I mean. I feel like I have so much more potential. The master in accounting and finance here (which I started as a pre-master) is ok but not great, nothing near St-Gallen, plus I don't like accounting so I don't like the focus they put on accounting (they only have this degree that incorporates finance at my uni...) I could finish my master degree here and not "lose" a year but I think the benefits of going to St-Gallen would heavily outweigh the benefits of staying here.
What do you think?
At the moment, I'm only planning on applying to St-Gallen. Do you think I should look at other unis?
Her's the application page:
University of St.Gallen | Degree courses | MBF admission process
The application deadline is April 30th so I still have some time to think about it.
I've already done the TOEFL (got 104, so that's ok)
My grade average isn't great but it's ok, I don't think it'll be a problem.
I still would have to do the GMAT or GRE.
Also they have some awesome exchange opportunities with some of the best unis in the world. I could potentially go a whole semester and study abroad. St-Gallen has exchange programs with the LSE, Duke, Kellogg school of management, NYU Stern, Booth school of business and the University of California Anderson School, just to name a few. It would be a dream to study at one of these for 6 months.
I'm so motivated, I don't want to end up with a shitty job at KPMG or something like that.
I'm willing to go balls deep here my fellow monkeys.
Anyway, thanks for your help in advance guys, I really appreciate it.
Sorry for the long post guys.
If you don't have relevant work experience I don't see a point in getting a second master degree. Get a job at KPMG and try to leverage that experience. If you do have relevant work experience (or if you can do an internship during your master degree at st. gallen) you should go for it! St. gallen is a big name in Europe and will help you to get a sweet job after graduation. If you decide to go for it start studying for the GMAT asap! I believe st. gallen requires a gmat score above 650 (which can be tough when English isn't your first language)
Thanks for the info!
To be clear, I wouldn't be getting 2 degrees but only the St.Gallen one. Once I finish my bachelor degree thesis at my uni, I'm be finished in February-March I'm guessing, I'm not planning on doing the full 2 years required to do my master degree (courses + master thesis that takes about 6 months to do). I'll most certainly study and try to pass the january and june exam sessions if ever I go to St.Gallen and it doesn't work out, I can come back to my current uni and at least I will have done some of the degree already.
But my plan is to go to St.Gallen, study my a$$ off, go balls deep and be rewarded with a sweet ass job. Cuz if I stay here where I'm at right now, there's now way I'm ending up in London/NY/Zurich with a sweet finance job. If you get a degree at my uni, you work at audit firms and maybe you can manage to get a job at one of the big two (UBS and CS).
I'm so freaking scared of mediocrity, I don't want to end up in my mid 30s with a shitty job back here in my region.
also I tried to contact the uni of St.Gallen to ask if they preferred the GRE or GMAT but I got no answer. I have a GRE studying book but if the GMAT is the better option then I'll study for it.
I'm a bit better at math than english but I think that if I study I can manage to pass. I'm bilingual english, french and got 104 on my TOEFL so it should be ok.
thanks
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