UT Austin McCombs MSF

I have taken an interest in the program. I would like to know what they look for in their applicants when they accept people. If anyone here has any info/tips please share (i.e. coursework they look for).
I'm in my Senior year in undergrad but I like to plan ahead

I looked at their website and this is the most useful piece of info I could find:
Class of 2014 Profile
Mean GPA: 3.44
Mean GMAT: 701
Average work experience: 11 months (work experience is not required for admission)

 

They're a new program - their first class graduates this June, so what info is on the website is literally all the stats they have so far.

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 

Oh I thought they had the program for a few years now. Thanks

Then nothingness was not, nor existence. There was no air then, nor heavens beyond it. Who covered it? Where was it? In whose keeping? Was there then cosmic water, in depths unfathomed? -- Nasadiya Sukta
 
zeropercentfinancing:

I have taken an interest in the program. I would like to know what they look for in their applicants when they accept people. If anyone here has any info/tips please share (i.e. coursework they look for).
I'm in my Senior year in undergrad but I like to plan ahead

I looked at their website and this is the most useful piece of info I could find:
Class of 2014 Profile
Mean GPA: 3.44
Mean GMAT: 701
Average work experience: 11 months (work experience is not required for admission)

That profile looks about what they admit. When are you planning on applying? It has been a little bogged down this year as a lot of people have applied and it is taking time to review all application.

 
<span class=keyword_link><a href=/company/trilantic-north-america>TNA</a></span>:
zeropercentfinancing:

I have taken an interest in the program. I would like to know what they look for in their applicants when they accept people. If anyone here has any info/tips please share (i.e. coursework they look for).
I'm in my Senior year in undergrad but I like to plan ahead

I looked at their website and this is the most useful piece of info I could find:
Class of 2014 Profile
Mean GPA: 3.44
Mean GMAT: 701
Average work experience: 11 months (work experience is not required for admission)

That profile looks about what they admit. When are you planning on applying? It has been a little bogged down this year as a lot of people have applied and it is taking time to review all application.

Prob around December of this year to start in summer 2015

Then nothingness was not, nor existence. There was no air then, nor heavens beyond it. Who covered it? Where was it? In whose keeping? Was there then cosmic water, in depths unfathomed? -- Nasadiya Sukta
 

TNA, I'm an international applicant based in London. I applied to UT Austin MSF in Round 1. Haven't heard back from them at all. Do you know if they have already sent all the admission decisions? If not by when do they aim to release admission decisions?

Could you please evaluate my profile. My gmat score is 710, I have BB experience of more than 3 years, undergrad and grad degree from India. Have worked in India and London. I want to switch to Investment management/Asset Management and that's why applying to MSF programs. Thanks!

 

Sorry to be off point but with your profile why are you trying to get an MSF especially one which is not very quantitative and where the program is designed to be for kids with little or no experience with a non-finance background? You are gonna be competitive at T15 MBA programs with your profile easily.

 

I do not know too much about what they look for, but I applied and was accepted and will being going there next year. I am an asian history major have a 3.65 gpa and scored a 710 on the GMAT. They interviewed me and asked about my internship experiences and my story . They said they wanted to see how I would interview with companies basically. Hope this helps

 
zeke121:

I do not know too much about what they look for, but I applied and was accepted and will being going there next year. I am an asian history major have a 3.65 gpa and scored a 710 on the GMAT. They interviewed me and asked about my internship experiences and my story . They said they wanted to see how I would interview with companies basically. Hope this helps

So you completed their prerequisites (econ, stat) in addition to your Asian History degree?
Then nothingness was not, nor existence. There was no air then, nor heavens beyond it. Who covered it? Where was it? In whose keeping? Was there then cosmic water, in depths unfathomed? -- Nasadiya Sukta
 

More will come on line. I have a good source that there should be another T15 B school rolling out an MSF in the next couple of years. I am waiting on Gtown and NYU to start one. Maybe some Cali schools to give Claremont some competition.

 

That would be great. UT has comparably low quant requirements(One statistics and one econ course) for admission compared to MIT and Princeton. They may be looking for a different model to attract a different set of applicants. Also saw that it is "explicitly designed for students from non-business backgrounds, or from business disciplines other than finance." which I thought was weird.

 

Umm, I didn't take Stochastic Calc in my MSF program either. Most have a stats and probability class, with a quant methods or something.

Princeton's program really is a hybrid MFE program, but gets lumped into the MSF realm. MIT is a true MSF though. UTA will definitely raise the bar with things. More programs, more graduates, more exposure.

I also recently blogged about Southern Methodist University which would be a good one to choose if you had interest in working in Dallas. Michigan State has a program that I just found also.

 
ANT:
Umm, I didn't take Stochastic Calc in my MSF program either. Most have a stats and probability class, with a quant methods or something.

Princeton's program really is a hybrid MFE program, but gets lumped into the MSF realm. MIT is a true MSF though. UTA will definitely raise the bar with things. More programs, more graduates, more exposure.

I also recently blogged about Southern Methodist University which would be a good one to choose if you had interest in working in Dallas. Michigan State has a program that I just found also.

Ah yeah, I'm looking at Princeton's program...seems that there are "true" MSF programs and hybrid ones like you said.

 

I'm really interested in this program, I just saw it on the msfhq site as well. I like the low quant requirements they have listed since math isn't my strongest area.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
 

I'm not a student at UT, but I was seriously considering the place for undergrad (I ended up going to my in-state school). From what I learned about by talking to people and reading up on it, UT's alumni base is phenomenal wherever you go. The Exes are a big draw, I'd say. While I can't comment on your specific cities, I'd be surprised if you couldn't get least 20 solid contacts at each of your places through your alumni base.

Hook 'em

 

If you are in accounting at UT and would like to work for a Big 4, you will have the opportunity to go to any office in the country with them. If you get through OCR, they will ask you which offices you're interested in and why (the why is crucial - make sure you have a good story). If they why makes sense, you will fly out to that office and have a good shot at getting an offer. You just have to make them think that you want stay in that office with that firm for the rest of your life.

As for other companies and jobs, I know they exist but can't comment as to how prevalent they are. My former company interviewed at UT and we were based in SF Bay.

 

Funny, I've always heard how big the UT alumni base is. I am in the DC market and have had 0 interactions with UT grads of any sort in 6 years post college. On the other hand, Texas A&M people I've met all over the place. In the DC market you have people from literally every college in America and yet I've never met a UT grad--ever.

 

Lol why do you have Priyanka Chopra as your display pic? But to answer your question, Big 4 recruiting is very regional. If you go to UT, it will give you the option to go outside of your school's core cities as long as you have a good reason, so I wouldn't worry too much about that. Most of the T10 accounting schools will place very well nationally if a student wants to go somewhere and can explain why.

The why is the key piece though. If you have significant ties to an area or have an interest in a specific industry there, those are the best reasons. Otherwise, a lot of people might just say they want to be somewhere and then leave after 1 year if they don't like it, which the firm wants to avoid. So really think about why you want to be somewhere else and as long as you come up with a good story, you'll be set.

 
Best Response

Since this is the 1st year of the program no one can really tell for sure. McCombs is a great school and a huge target in the Texas area. I'd imagine the alumni would be as receptive to you as any alumni are to MSF students. Get involved, be part of UTA and reach out to alumni like you would your UG school.

MSF programs are great for banking or F500. AM isn't a stretch, but I kind of feel like recruiting is a little different for this. Gut feeling. I am sure you could land something in Houston at a big bank, focusing on E&P or something. Try and layer on CFA L1 while doing your MSF.

Either way, the UTA program will be one of the top MSF programs in the country. Another great school to offer this up and coming degree.

 
TNA:
MSF programs are great for banking or F500.

Where did this fallacy come from? No MSFs place into IB (at least within the bulge bracket). Check the bankerella data. Verify it against the MSFs' own websites. Vandy, Princeton, etc don't put anyone into banking.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 

Villanova MSF Placements

Harris Williams - Banking Lazard - ER Barclays - ECM Stifel - Banking BMO - Banking BoA - AM UBS - Banking

This is only off the top of my head.

Claremont Mckenna Master in Finance

http://www.cmc.edu/mastersinfinance/career/placement.php

Bunch of banking

University of Florida Master in Finance

http://warrington.ufl.edu/graduate/academics/msf/placement.asp

tons of banking

Vanderbilt

I have placement info at home, but a friend of mine who went to the program over Nova is at Goldman in their RE group. Another guy on my linkedin is at Harris Williams. I know they place well into Wells/BoA in Charlotte.

And Princeton is a Math MSF. Placements are more quantitative. Where did you get your data from cause it is not complete nor is it representative of where people place from these programs.

 
TNA:
Villanova MSF Placements

Harris Williams - Banking Lazard - ER Barclays - ECM Stifel - Banking BMO - Banking BoA - AM UBS - Banking

This is only off the top of my head.

Claremont Mckenna Master in Finance

http://www.cmc.edu/mastersinfinance/career/placement.php

Bunch of banking

University of Florida Master in Finance

http://warrington.ufl.edu/graduate/academics/msf/placement.asp

tons of banking

Vanderbilt

I have placement info at home, but a friend of mine who went to the program over Nova is at Goldman in their RE group. Another guy on my linkedin is at Harris Williams. I know they place well into Wells/BoA in Charlotte.

And Princeton is a Math MSF. Placements are more quantitative. Where did you get your data from cause it is not complete nor is it representative of where people place from these programs.

HAHAHA he got his placements from that idiot admissions consultant that was on the boards a week ago.

'Before you enter... be willing to pay the price'
 

ANT -- how long have MSF degrees been around or been popular? I don't know anyone from one, but I'm a little older than average here, so that probably explains a lot. I seems to me that this would be a more appropriate degree for a lot of people looking to get into finance, than an MBA. The MBA degree just has a longer history, I guess. Just curious.

 
SirTradesaLot:
ANT -- how long have MSF degrees been around or been popular? I don't know anyone from one, but I'm a little older than average here, so that probably explains a lot. I seems to me that this would be a more appropriate degree for a lot of people looking to get into finance, than an MBA. The MBA degree just has a longer history, I guess. Just curious.

MSF is new in the US. MIT, the premier corp finance MSF is only a three or four year old. Vandy and Villanova are like five - six years old. The MSF used to be a pre PhD type degree and only recently became a degree of choice. In Europe the MBA is in the same position as the MSF is.

Right now most MSF programs, with the exception of MIT and now UT Austin, are semi targets. In say 5 years this will change. In my class half the students went in to banking, the rest into corporate finance.

 

UTA is a brand new program, but the UT Austin brand is pretty strong, Their MBA program is will ranked and regarded and they have a great UG B school. I think they will do strongest in Texas. UIUC is also a great school. They will have more of a Chicago/NYC focus.

Where do you want to work? What do you want to do? Etc. Need more info to say which is better. I think both will be decent for international students though.

 

Hey ANT! I was also very intrigued by UT-Austin due to their brand. Have you been able to contact anyone in their admissions department or admits for more details on the program (ie. if they are partnered with any companies and such)? I really like WUSTL due to their placements and currently research Villanova and Vandy more. I will message you soon by the way.

 

I go to UT as an undergrad and currently work in the undergraduate program office (academic advising office).

All I know is that it's a pretty new program but very useful because of the time frame for completion. What sort of information were you seeking?

Listen, here's the thing. If you can't spot the sucker in the first half hour at the table, then you are the sucker.
 

Thanks for the prompt reply. This is what I am looking for: 1) How are the professors? 2) Do they teach investing in special situations, like mergers, spinoffs, acquisitions. 3) Is there any class that deals with value investing, o value style? 4) Can you do the CFA exam immediatly? 5) Do you need GRE or GMAT to get into the program?

 
Juan Carlos-Gonzalez:

Thanks for the prompt reply. This is what I am looking for:
1) How are the professors?
2) Do they teach investing in special situations, like mergers, spinoffs, acquisitions.
3) Is there any class that deals with value investing, o value style?
4) Can you do the CFA exam immediatly?
5) Do you need GRE or GMAT to get into the program?

1) I believe in one of the reviews they mention the professors. Either way the grad office could answer that. UTA is a top institution so I would say the professors are very good.

2) Here is their curriculum:

http://www.mccombs.utexas.edu/MSF/Curriculum.aspx

3) Don't know.

4) Yeah, you can take the CFA while in the MSF.

5) GRE or GMAT

 
TNA:
Juan Carlos-Gonzalez:

Thanks for the prompt reply. This is what I am looking for:
1) How are the professors?
2) Do they teach investing in special situations, like mergers, spinoffs, acquisitions.
3) Is there any class that deals with value investing, o value style?
4) Can you do the CFA exam immediatly?
5) Do you need GRE or GMAT to get into the program?

1) I believe in one of the reviews they mention the professors. Either way the grad office could answer that. UTA is a top institution so I would say the professors are very good.

2) Here is their curriculum:

MSF/Curriculum.aspx" title="http://www.mccombs.utexas.edu/MSF/Curriculum.aspx" rel="nofollow">http://www.mccombs.utexas.edu/MSF/Curriculum.aspx

3) Don't know.

4) Yeah, you can take the CFA while in the MSF.

5) GRE or GMAT

Where are the unofficial placement stats on the site?

 

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