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Comments (259)

Dec 20, 2012 - 3:05pm

Will post in a couple months when round 2 admissions are released

"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." - Bertrand Russell
Dec 20, 2012 - 10:21pm

denwhat:
In at Villanova MSF and Duke MMS. Where do you plan to go futurectdoc? I haven't 100% decided yet.

Probably Duke, when they called you did they tell you your merit offer? Only Villanova or UVA could possibly change my mind. I'm waiting to hear from Villanova, withdrawing from UIUC (would take OSU over them), waiting on UT (may withdraw, great school, but not sure about Texas long term), not going to submit to SMU and late recommendations bumped me into the next round at UVA.

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Dec 20, 2012 - 4:21pm

Oscar_chow:
Does MSF stand for Masters in Finance NOOB ALERT

Yes.

"Come at me, bro"- José de Palafox y Melci

Dec 21, 2012 - 12:31am

Hey futurectdoc, why are you withdrawing from UIUC?

"Come at me, bro"- José de Palafox y Melci

Dec 22, 2012 - 11:55am

I applied to Villanova, Vanderbilt, WUSTL, MIT, LBS, and LSE. I did not bother applying to Duke or UT. I feel like Duke's MMS is just a money machine, especially since article like this one keep popping up. UT had some pretty abysmal placement stats. I got in at Villanova and have interviews scheduled with Vanderbilt and LBS. I am still waiting to hear back from WUSTL, MIT, and LSE. MIT would be my first choice, but I feel like I lack the quantitative skills necessary to gain admittance.

Have any of you Villanova admits heard back regarding the fellowship program?

Dec 22, 2012 - 12:18pm

KKS:
I applied to Villanova, Vanderbilt, WUSTL, MIT, LBS, and LSE. I did not bother applying to Duke or UT. I feel like Duke's MMS is just a money machine, especially since article like this one keep popping up. UT had some pretty abysmal placement stats. I got in at Villanova and have interviews scheduled with Vanderbilt and LBS. I am still waiting to hear back from WUSTL, MIT, and LSE. MIT would be my first choice, but I feel like I lack the quantitative skills necessary to gain admittance.

Have any of you Villanova admits heard back regarding the fellowship program?

For LBS, don't you have to have couple of yrs of work experience? Would you mind to share with us your background?

It's not about the money. It's about the game between people.
  • 2
Dec 22, 2012 - 12:25pm

Ichan:
For LBS, don't you have to have couple of yrs of work experience? Would you mind to share with us your background?

The LBS MiF requires work experience, but the MiM does not, kind of like how Duke's MMS requires no work experience, while their MBA does. I was initially attracted to the MiM and LSE's MSc in Finance because of their placement stats.

I got a 700 on the GMAT, have a 3.6-ish from a non-target, studied abroad, have had two IB internships at small boutiques, and have some nice ECs. I think LSE is the same way, but LBS really stresses the whole international experience.

I hope that helps.

Best Response
Dec 22, 2012 - 12:55pm

KKS:
Ichan:
For LBS, don't you have to have couple of yrs of work experience? Would you mind to share with us your background?

The LBS MiF requires work experience, but the MiM does not, kind of like how Duke's MMS requires no work experience, while their MBA does. I was initially attracted to the MiM and LSE's MSc in Finance because of their placement stats.

I got a 700 on the GMAT, have a 3.6-ish from a non-target, studied abroad, have had two IB internships at small boutiques, and have some nice ECs. I think LSE is the same way, but LBS really stresses the whole international experience.

I hope that helps.

Yes! It does, Thanx a lot. Wouldn't you possible leverage your internship experience to secure a full time at BB?

It's not about the money. It's about the game between people.
  • 3
Dec 22, 2012 - 2:47pm

KKS:
I applied to Villanova, Vanderbilt, WUSTL, MIT, LBS, and LSE. I did not bother applying to Duke or UT. I feel like Duke's MMS is just a money machine, especially since article like keep popping up. UT had some pretty abysmal placement stats. I got in at Villanova and have interviews scheduled with Vanderbilt and LBS. I am still waiting to hear back from WUSTL, MIT, and LSE. MIT would be my first choice, but I feel like I lack the quantitative skills necessary to gain admittance.

Have any of you Villanova admits heard back regarding the fellowship program?

I have only seen the one article about MMS being a fraud. So I think it is a bit unfair to say articles keep popping up. Most students have been honest saying it has work to do but their 2011-12 employment report cited 1 person going to each of MBB and a Deutsche Bank, JP Morgan and a Morgan Stanley. And the program isn't purely finance so to expect similar placements like an MFin would be unfair.

I think most of these top programs don't live up to their undergrad programs mostly because you are essentially going to be like an undergrad coming out of the programs. So if you could have gotten into the MBB's or the Bulge Brackets after undergrad like most of the top undergrads, why would you go back to school? That said, Duke certainly has to improve its ties with employers but one would think that should improve as time goes on and resemble something like UVA's MS in Commerce. You are just banking on this happening next year but I think Duke is right up there with a Nova or a Vandy if you have prior experience which really is the thing.

Dec 22, 2012 - 3:26pm

sporthenry:
I have only seen the one article about MMS being a fraud. So I think it is a bit unfair to say articles keep popping up. Most students have been honest saying it has work to do but their 2011-12 employment report cited 1 person going to each of MBB and a Deutsche Bank, JP Morgan and a Morgan Stanley. And the program isn't purely finance so to expect similar placements like an MFin would be unfair.

I think most of these top programs don't live up to their undergrad programs mostly because you are essentially going to be like an undergrad coming out of the programs. So if you could have gotten into the MBB's or the Bulge Brackets after undergrad like most of the top undergrads, why would you go back to school? That said, Duke certainly has to improve its ties with employers but one would think that should improve as time goes on and resemble something like UVA's MS in Commerce. You are just banking on this happening next year but I think Duke is right up there with a Nova or a Vandy if you have prior experience which really is the thing.

From talking to people who went to the program and others who researched it well enough before deciding against it, those people who got those prestigious offers got them for reasons other than the MMS. I just cannot see how someone could come from a non-target, even with experience, and compete with the UGs at Duke for spots. Why would an IB interview you when they could interview a slew of Duke UGs with two BB internships and a 3.8+ GPA?

Jan 8, 2013 - 1:04pm

KKS:
I applied to Villanova, Vanderbilt, WUSTL, MIT, LBS, and LSE. I did not bother applying to Duke or UT. I feel like Duke's MMS is just a money machine, especially since article like this one keep popping up. UT had some pretty abysmal placement stats. I got in at Villanova and have interviews scheduled with Vanderbilt and LBS. I am still waiting to hear back from WUSTL, MIT, and LSE. MIT would be my first choice, but I feel like I lack the quantitative skills necessary to gain admittance.

Have any of you Villanova admits heard back regarding the fellowship program?

Where did you get that UT had abysmal placements?

Jan 8, 2013 - 6:42pm

calikid3820:
KKS:
I applied to Villanova, Vanderbilt, WUSTL, MIT, LBS, and LSE. I did not bother applying to Duke or UT. I feel like Duke's MMS is just a money machine, especially since article like this one keep popping up. UT had some pretty abysmal placement stats. I got in at Villanova and have interviews scheduled with Vanderbilt and LBS. I am still waiting to hear back from WUSTL, MIT, and LSE. MIT would be my first choice, but I feel like I lack the quantitative skills necessary to gain admittance.

Have any of you Villanova admits heard back regarding the fellowship program?

Where did you get that UT had abysmal placements?

Calm down lol. I would have responded to your first post :P

I called UT and spoke with the admissions lady. She mentioned a few places where UT MSF students got offers from. Other than one going to GS, I did not recognize any IBs.

Dec 22, 2012 - 12:28pm

What is the thought process behind your decision of doing MSF or MiM? I can understand MFE though?

Which industry are you guys trying to get in with MSF or MiM? I am thinking about doing MSF, but still indecisive!!! would be appreciated any of your thoughts

It's not about the money. It's about the game between people.
Dec 22, 2012 - 12:33pm

MFE places into S&T. I want to do IB. When choosing a program, placement is what matters most to me. I do not see the point of paying $40,000+ for a year of education only to graduate without a job.

Dec 22, 2012 - 12:53pm

KKS:
MFE places into S&T. I want to do IB. When choosing a program, placement is what matters most to me. I do not see the point of paying $40,000+ for a year of education only to graduate without a job.

Why can't you do IB with out MSF? IB is not required you to have MSF.

It's not about the money. It's about the game between people.
Jan 8, 2013 - 11:59am

KKS:
Most of the programs have the placements on their websites. I got the ones for UT by calling UT's admissions office.

UT-Austin?

If so, how did you get placement info? They are in their first year of the program

Jan 8, 2013 - 12:20pm

calikid3820:
KKS:
Most of the programs have the placements on their websites. I got the ones for UT by calling UT's admissions office.

UT-Austin?

If so, how did you get placement info? They are in their first year of the program

There is no placement info yet. It is true for SMU as well

It's not about the money. It's about the game between people.
  • 1
Dec 22, 2012 - 3:17pm

People need to realize that professional masters programs exist as a way to increase tuition revenue. There are no rankings of these programs like there is with USNWR therefore there isn't really any pressure to admit a diverse class or provide substantial financial aid. They are looking for the best students they can get that will pay full boat.

These programs are good if you need a rebranding or another chance at job recruiting. However, it is a horrible mistake to think that you can just walk into the program without any prior internship experience and walk out with a top job. But just know that Duke MMS isn't nearly as prestigious as Duke undergrad or the Fuqua MBA program so competition in Durham will be very tough still because you are basically competing with the other undergrads at Duke.

Dec 22, 2012 - 3:56pm

Quaneaser:
People need to realize that professional masters programs exist as a way to increase tuition revenue. There are no rankings of these programs like there is with USNWR therefore there isn't really any pressure to admit a diverse class or provide substantial financial aid. They are looking for the best students they can get that will pay full boat.

These programs are good if you need a rebranding or another chance at job recruiting. However, it is a horrible mistake to think that you can just walk into the program without any prior internship experience and walk out with a top job. But just know that Duke MMS isn't nearly as prestigious as Duke undergrad or the Fuqua MBA program so competition in Durham will be very tough still because you are basically competing with the other undergrads at Duke.


I don't think the grad students care or would have it any other way. We want to be known for our research rather than our school. Princeton does not get you a nice job out of school; industry experience and research product gets you a nice job.

I just wrote an interesting research paper on how options volatility behaves after follow-on issuances. And it's going to turn a lot of options traders' heads sideways if I publish the strategy. I wouldn't have had the opportunity to do that in undergrad.

But that's not the biggest thing I'm working on. My biggest project is trying to punch a bigger hole in Modern Portfolio Theory than Behavioral Finance can on its own- and to actually show that vast majority of diversified portfolios are set up the wrong way. The data I'm finding is supportive but not conclusive. It might take a few more years of certain aspects of the economy behaving the same way for a few more years to either prove my thesis or dismiss it as the product of statistical noise.

Duke/Chicago/MIT/Princeton/Harvard/etc/etc is not valuable for the name but valuable because it gives you access to JSTOR, WRDS, and other people who've gotten papers published.

Dec 22, 2012 - 4:30pm

IlliniProgrammer:
Quaneaser:
People need to realize that professional masters programs exist as a way to increase tuition revenue. There are no rankings of these programs like there is with USNWR therefore there isn't really any pressure to admit a diverse class or provide substantial financial aid. They are looking for the best students they can get that will pay full boat.

These programs are good if you need a rebranding or another chance at job recruiting. However, it is a horrible mistake to think that you can just walk into the program without any prior internship experience and walk out with a top job. But just know that Duke MMS isn't nearly as prestigious as Duke undergrad or the Fuqua MBA program so competition in Durham will be very tough still because you are basically competing with the other undergrads at Duke.


I don't think the grad students care or would have it any other way. We want to be known for our research rather than our school. Princeton does not get you a nice job out of school; industry experience and research product gets you a nice job.

I just wrote an interesting research paper on how options volatility behaves after follow-on issuances. And it's going to turn a lot of options traders' heads sideways if I publish the strategy. I wouldn't have had the opportunity to do that in undergrad.

But that's not the biggest thing I'm working on. My biggest project is trying to punch a bigger hole in Modern Portfolio Theory than Behavioral Finance can on its own- and to actually show that vast majority of diversified portfolios are set up the wrong way. The data I'm finding is supportive but not conclusive. It might take a few more years of certain aspects of the economy behaving the same way for a few more years to either prove my thesis or dismiss it as the product of statistical noise.

Duke/Chicago/MIT/Princeton/Harvard/etc/etc is not valuable for the name but valuable because it gives you access to JSTOR, WRDS, and other people who've gotten papers published.

I think we are talking about two different things. I'm referring to the one/two year masters programs such as masters of finance, masters in management, financial engineering, etc. NOT the PHD/MBA/Law programs. Elite schools care massively about the latter and where they stack up, not so much the pre-professional masters.

Dec 22, 2012 - 9:35pm

Quaneaser:
People need to realize that professional masters programs exist as a way to increase tuition revenue. There are no rankings of these programs like there is with USNWR therefore there isn't really any pressure to admit a diverse class or provide substantial financial aid. They are looking for the best students they can get that will pay full boat.

These programs are good if you need a rebranding or another chance at job recruiting. However, it is a horrible mistake to think that you can just walk into the program without any prior internship experience and walk out with a top job. But just know that Duke MMS isn't nearly as prestigious as Duke undergrad or the Fuqua MBA program so competition in Durham will be very tough still because you are basically competing with the other undergrads at Duke.

Some very broad strokes in this comment.

1) No, there is no formal ranking right now. That is a good thing. Once there is you will see GMAT scores go through the roof like in the MBA programs which is pointless. The main MSF programs people always mention and apply to look at a lot of things when people apply, and one of the main ones is employ-ability. Since there is no rankings, students focus most on where people get hired and placement stats. If you just open the flood gates to every Chinese kid with a 720 GMAT you will have abysmal placements and US students will know this.

2) Many MSF programs offer fellowships and scholarships. Plenty of financial aid going around. And considering that these programs cost a lot less than an MBA, what people used to fall back on right away, I think it is a good deal.

3) As you mention, the MSF/MMS is great for rebranding, recruiting, fixing your GPA, advancing your career if you are in F500, stuff like that. A cheaper, more focused, mini-reset button, while still saving the MBA for later.

I think most people applying and entering MSF programs know what they are getting themselves into.

  • 2
Dec 23, 2012 - 4:18am

TNA:
Quaneaser:
People need to realize that professional masters programs exist as a way to increase tuition revenue. There are no rankings of these programs like there is with USNWR therefore there isn't really any pressure to admit a diverse class or provide substantial financial aid. They are looking for the best students they can get that will pay full boat.

These programs are good if you need a rebranding or another chance at job recruiting. However, it is a horrible mistake to think that you can just walk into the program without any prior internship experience and walk out with a top job. But just know that Duke MMS isn't nearly as prestigious as Duke undergrad or the Fuqua MBA program so competition in Durham will be very tough still because you are basically competing with the other undergrads at Duke.

Some very broad strokes in this comment.

1) No, there is no formal ranking right now. That is a good thing. Once there is you will see GMAT scores go through the roof like in the MBA programs which is pointless. The main MSF programs people always mention and apply to look at a lot of things when people apply, and one of the main ones is employ-ability. Since there is no rankings, students focus most on where people get hired and placement stats. If you just open the flood gates to every Chinese kid with a 720 GMAT you will have abysmal placements and US students will know this.

2) Many MSF programs offer fellowships and scholarships. Plenty of financial aid going around. And considering that these programs cost a lot less than an MBA, what people used to fall back on right away, I think it is a good deal.

3) As you mention, the MSF/MMS is great for rebranding, recruiting, fixing your GPA, advancing your career if you are in F500, stuff like that. A cheaper, more focused, mini-reset button, while still saving the MBA for later.

I think most people applying and entering MSF programs know what they are getting themselves into.

Agreed. I wouldn't go that far to say that these schools don't care as much about their professional masters programs compared with UG/Law/MBA. You're still carrying their name if you attend and will be a representative of the school, so I'd think it's still in the school's best interest to make sure they are admitting quality individuals.

Also, you're correct in saying that you can't just walk into Duke MMS and walk out expecting a top job. I don't think anyone is expecting that. The same could be said for Fuqua. Just because you get into Fuqua doesn't mean you'll land a top job either. You still have to work hard and utilize the resources that are given to you, namely OCR and networking opportunities. The MMS program there offers students that chance, which is what I think most of them are after anyway, regardless of how they stack up against UG/Fuqua students since they wouldn't even get the chance if they weren't in the MMS program to begin with.

Dec 25, 2012 - 2:43pm

The Situation:
futurectdoc:
MiMs.

wasn't sure what a mims was so I googled it...you're going to school for rap?

Funny dude.

"Come at me, bro"- José de Palafox y Melci

Dec 22, 2012 - 5:32pm

Again, I think every graduate student who isn't pursuing a degree that's expressly professional has the opportunity to do research.

And I think research can form a substantial pedigree no matter where you're coming from. Get a paper published in the Journal of Finance, and it really doesn't matter whether you're at UW Madison or a Rhodes Scholar in a lot of circles.

Dec 22, 2012 - 8:27pm

Applied to around 8, waiting on 7 decisions.

In at Pepperdine. Yeah, not that impressive haha.

"Come at me, bro"- José de Palafox y Melci

Dec 23, 2012 - 7:59am

No one has really given anyone the truth yet so I'll risk sounding like a jerk, but... if you can't place out of a MSF/MMS/MiM then that's on you. You either weren't honest enough with yourself before about why you didn't get a FT offer out of UG AND go about seriously fixing the issue(s) or you didn't sustain the effort for the full duration and expected to arrive and use OCR. If you don't place you did something wrong before, or during. I didn't get a FT offer in IBD, panicked and took a Corporate Finance 'gig, I sold myself short b/c I didn't like the ambiguity / job search. I chickened out and told myself the same lie everyday about how this was something positive until I started to believe it, thank god I got the sense knocked back into me. Don't do the same thing with an MSF/MMS and lie to yourself about the quick fix, if you're not prepared to compete w/ UGs that have solid CVs or your peers that are bringing excellent stats, don't waste your time and money. Hold out for a top MBA and fight-it-out in the corporate world.

As an aside, the nonsense about prestige at Duke is true/not true. True in the sense that your caught in between two solid programs and are the newest one, but not true in regards to OCR and related opportunities. Maybe you're a UG at Duke and pissed that there's more kids interviewing for your analyst slots or an MBA that thinks MMS'ers don't know enough, but they are having no problem w/ OCR interviews. The only issues I've heard about were international students getting fucked over b/c of visa/sponsorship issues. Let's face it, if an UG anywhere (not just saying Duke) is still recruiting in the fall they probably didn't get a return offer (there may be other reasons - but this is the minority). So the competition that MMS/MSF students have out there probably isn't the most top shelf and there may be some issues to exploit. You've got to have something that that UG doesn't... if they're bringing in a BB internship and you've got a boutique - were on a really small team, and did some meaningful shit then you should/can cite a 'Selected Transaction' on your resume and get detailed. Maybe the UG has some detailed experience or maybe they just have bland resume speak either way a simple focal point on your CV can boost you up.

Okay this has turned into a run on and I'm not sure how I got to resume pointers. Take home points: (1) It's your fault if you don't place (2) Placement stats. are not always indicative of opportunities (i.e. Duke's MMS has about 1/2 wanting to go to Consulting NOT IBD) (3) If you're not ready be painfully honest and battle it out till an MBA

Hopefully that was mildly insightful.

'Before you enter... be willing to pay the price'
  • 3
Dec 24, 2012 - 1:48pm

BepBep12:
As an aside, the nonsense about prestige at Duke is true/not true. True in the sense that your caught in between two solid programs and are the newest one, but not true in regards to OCR and related opportunities. Maybe you're a UG at Duke and pissed that there's more kids interviewing for your analyst slots or an MBA that thinks MMS'ers don't know enough, but they are having no problem w/ OCR interviews.

BepBep thanks for the post, really helpful info. Do you think you could share some more detail about how the MMS kids do with Duke OCR, specifically for IB. I am somewhat skeptical about the MMS, and would really appreciate some insight into that. Struggling with a decision here. Thanks

Dec 24, 2012 - 8:15pm

rcc_91:
BepBep12:
As an aside, the nonsense about prestige at Duke is true/not true. True in the sense that your caught in between two solid programs and are the newest one, but not true in regards to OCR and related opportunities. Maybe you're a UG at Duke and pissed that there's more kids interviewing for your analyst slots or an MBA that thinks MMS'ers don't know enough, but they are having no problem w/ OCR interviews.

BepBep thanks for the post, really helpful info. Do you think you could share some more detail about how the MMS kids do with Duke OCR, specifically for IB. I am somewhat skeptical about the MMS, and would really appreciate some insight into that. Struggling with a decision here. Thanks

I'm actually not in the program I'm just in contact with a current student, but also know another former MMSer from last year that also attended so I've talked a lot to them. I'm currently in the process of applying to the MMS in R2, so hopefully everything goes well and I'll be admitted. The thing that I think about and that everyone should really think about is how the MMS fits and relates w/ their background (I guess this is true w/ any program). However, I think that this is especially something to consider if your business whatever finance, accounting, etc. undergrad b/c it is an MMS and not an MSF. I mean Duke has great OCR, a great network, and the program seems at least a little interesting, but you've got to be convincing in interviews and throughout recruiting. You need to convince them that its not just need a 'do-over' or second-best. That's kind of nebulous advice, but probably the most important to understand if you're to choose between the MMS or another more traditional MSF program.

'Before you enter... be willing to pay the price'
  • 2
Dec 23, 2012 - 8:55pm

KKS:
Nice post BepBep.

Just hoping people don't make the same mistakes I did... my capacity for self-defeat is surprisingly strong.

'Before you enter... be willing to pay the price'
Dec 26, 2012 - 10:45pm

Applied to UT, Vandy and UIUC. Not quite sure how good my application is.

Bio:
A couple of years in equity trading for a European MM. 700 GMAT and a 3.0 GPA (studied abroad, no grade inflation)

CNBC sucks

"This financial crisis is worse than a divorce. I've lost all my money, but the wife is still here." - Client after getting blown up

  • 1
Dec 27, 2012 - 4:48am

Working9-5:
Applied to UT, Vandy and UIUC. Not quite sure how good my application is.

Bio:
A couple of years in equity trading for a European MM. 700 GMAT and a 3.0 GPA (studied abroad, no grade inflation)

I would think you would get into all three of those programs. Your GMAT is good and you have some good experience. Your GPA is a tad bit low, but I think that is offset by your GMAT.

Jan 1, 2013 - 4:21pm

Does anyone have any knowledge about University of Rochester's master's in finance program? 17 months long program ( they have 12 months as well), will give an opportunity to do an internship. As far as I know, you have to have an internship with BB's to get full time offer. Wouldn't this be a good program to launch your career?

It's not about the money. It's about the game between people.
  • 1
Jan 16, 2013 - 2:49pm

KKS:
Got into Vanderbilt with a scholarship. How long did it take Villanova to get back to those of you who got the fellowship? They never answer my e-mails :(

Congrats KKS.

"Come at me, bro"- José de Palafox y Melci

Jan 17, 2013 - 12:32am

I did not get the Villanova fellowship for this round :( They have another round of fellowship application reviews, though :/

I really wish all of the schools had similar deadlines and decision dates. It is annoying how some are in March, while many are now.

lasampdoria:
KKS:
Got into Vanderbilt with a scholarship. How long did it take Villanova to get back to those of you who got the fellowship? They never answer my e-mails :(

Congrats KKS.

Thank you :) Good luck with your applications.

Jan 22, 2013 - 1:02pm

In at Villanova! Will be sending in my deposit soon.

"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." - Bertrand Russell
Jan 23, 2013 - 11:19am

I just spoke with MIT admissions. Admissions interviews are not sent out all at once or in any order. They can come up until the acceptance deadline. Some interview invitations are sent out per their traveling schedule so that students can meet with them without having to travel to Boston. Skype interviews are also set up.

Be patient, interviews are coming.

  • 1
Jan 23, 2013 - 5:45pm

TNA, if you have not heard back from MIT, is that a good sign that you might get an interview? Or does MIT also reject people without an interview up until the acceptance deadline?

Does anyone know why WUSTL has such weird deadlines? They had one in November and then another not until February. Most schools have them closer together.

Feb 2, 2013 - 6:43pm

KKS:
TNA, if you have not heard back from MIT, is that a good sign that you might get an interview? Or does MIT also reject people without an interview up until the acceptance deadline?

I'm in the same boat with MIT. Quantnet seems to be populating some interviews for the next week or two so I'm assuming they are starting to shoot them out. I also wonder why they don't extend interviews at once unless they interview the top candidates and if they bomb, then they go down the list. Either way, no news is I guess better than bad news.

Also just sent in to UVA and will be applying to Duke, BC, and JHU.

Jan 23, 2013 - 6:41pm

Can anyone on here provide more info on Wake Forest's MA in Management program? I cannot seem to find any employment info on their website.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
Jan 24, 2013 - 7:42pm

jon1987:
Can anyone on here provide more info on Wake Forest's MA in Management program? I cannot seem to find any employment info on their website.

I met one of their students at Wells Fargo's superday last year, but am not sure if he got an offer. All of the profiles Wake Forest has online seem to want F500 jobs (like TNA said).

Jan 23, 2013 - 7:42pm

@KKS - I wouldn't worry right now. They are still extending interview offers and might be traveling to a city near you, which would be when they would try and speak with you. Hold tight.

@Jon - I forget where I saw placements, but they were a bunch of F500 companies. I don't think it does too much finance/banking type placements, but you could probably find something in Charlotte or other southern banks.

  • 1
Jan 24, 2013 - 10:11pm

Redline89:
TNA, do you know when i would hear back from Villanova if my application was completed last week the 15th?

Thanks


Not sure if this helps, but when I applied 1st round I got a response about 2.5 weeks later. However, the adcom there are very good with following up if you ask them for your application status so I would shoot them a email next week or so if you want to be sure.
Jan 24, 2013 - 8:21pm

@ANT - I recently retook my GMAT and boosted my score from a 720 to 760. If I contact MIT, will they accept my updated score or is it too late since I already sent in my application.

Also, do MFin programs look negatively upon students that finish their undergrad in 3 years instead of 4?

Jan 25, 2013 - 7:48am

CREDO:
@ANT - I recently retook my GMAT and boosted my score from a 720 to 760. If I contact MIT, will they accept my updated score or is it too late since I already sent in my application.

Also, do MFin programs look negatively upon students that finish their undergrad in 3 years instead of 4?

It is worth a shot. They might be receptive. And I think finishing early would be seen as a good thing.

  • 1
Feb 3, 2013 - 7:47pm

To anyone that got into Duke's MMS program - relative to when you submitted your application, do you remember when you were contacted for an interview? R2 applications were due 1/24 and I submitted 1/21; when can I expect a potential interview?

'Before you enter... be willing to pay the price'
Feb 3, 2013 - 9:23pm

rcc_91:
I had my interview like ten days before the deadline for round 1 decisions to be released. And I submitted my application pretty early. I think all the interviews were conducted around the same time.

Thanks

'Before you enter... be willing to pay the price'
Feb 4, 2013 - 3:08pm

I was going to apply to Virginia, Villanova, and Texas, but then I pursued a finance position at an F25 through a family connection and now have an offer which I am going to take. Yes, I could do an MSF and try to get a position in IBD but it's just too much risk that I end up with nothing when I have a job in hand.

  • 1
Feb 4, 2013 - 4:49pm

Thurnis Haley:
I was going to apply to Virginia, Villanova, and Texas, but then I pursued a finance position at an F25 through a family connection and now have an offer which I am going to take. Yes, I could do an MSF and try to get a position in IBD but it's just too much risk that I end up with nothing when I have a job in hand.

Congrats, what functional area?

'Before you enter... be willing to pay the price'
  • 1
Feb 4, 2013 - 5:46pm

BepBep12:
Thurnis Haley:
I was going to apply to Virginia, Villanova, and Texas, but then I pursued a finance position at an F25 through a family connection and now have an offer which I am going to take. Yes, I could do an MSF and try to get a position in IBD but it's just too much risk that I end up with nothing when I have a job in hand.

Congrats, what functional area?


FP&A. Not prestigious but it was the best I could do.
  • 1
Feb 4, 2013 - 8:28pm

FP&A is a common first step for many CFOs. Congrats man.

"Come at me, bro"- José de Palafox y Melci

Feb 4, 2013 - 8:46pm

Got my interview at MIT!

I am happy, but surprised because my GMAT score (700) is equal to the lowest they accepted last year, my GPA is below average for MIT (3.6), and my quant score (43) is lower than the lowest they accepted last year. I am white on top of it. I guess my essays and ECs impressed them.

Feb 4, 2013 - 8:57pm

KKS:
Got my interview at MIT!

I am happy, but surprised because my GMAT score (700) is equal to the lowest they accepted last year, my GPA is below average for MIT (3.6), and my quant score (43) is lower than the lowest they accepted last year. I am white on top of it. I guess my essays and ECs impressed them.

Congrats. And those numbers are only the middle 80% so you aren't too far off. Still holding out hope for a few more days as they seem to be throwing out some more interviews this week. Were they traveling near you or just the Boston/Skype options?

Feb 4, 2013 - 9:45pm

KKS:
Got my interview at MIT!

I am happy, but surprised because my GMAT score (700) is equal to the lowest they accepted last year, my GPA is below average for MIT (3.6), and my quant score (43) is lower than the lowest they accepted last year. I am white on top of it. I guess my essays and ECs impressed them.

That's fuckin awesome man... if you get in, I'll live vicariously through your postings. I was too chicken to even apply now but Fortes Fortuna Javat!

'Before you enter... be willing to pay the price'
  • 1
Feb 4, 2013 - 10:21pm

sporthenry:
Congrats. And those numbers are only the middle 80% so you aren't too far off. Still holding out hope for a few more days as they seem to be throwing out some more interviews this week. Were they traveling near you or just the Boston/Skype options?

Thank you. Are you in the USA? According to posts I have read on Quant Net and GMATClub, they seem to be going by country.

I was given an option to interview via Skype, in person in New York, or in person in Cambridge. I chose in person in Cambridge because I believe an in person interview sends a better message and shows how committed one is (yes, I know their website says they technically have no preference, but we know that is BS). I was able to use miles to book the flight, so it is not too bad.

BepBep12:
That's fuckin awesome man... if you get in, I'll live vicariously through your postings. I was too chicken to even apply now but Fortes Fortuna Javat!

Thank you! Honestly, I was not going to apply either, but Anthony (TNA) convinced me otherwise via e-mail. MIT waives the application fee for American studying at American universities and members of the military, so I really had nothing to lose (except the hour I took to fill out the application and write the essays).

Feb 4, 2013 - 10:49pm

I'm also the idiot who didn't realize the waiver was for all Americans. They must be perplexed why I threw $100 away. I'd probably hold that against me for being stupid. But I feel being American might be one of my best attributes. Program is only 20% American and when I visited, I believe I was the only American. Have to figure they don't want to go any lower especially with all the potential issues that internationals have with getting work here that could hurt their placement stats. At least that is what I keep telling myself.

Feb 10, 2013 - 3:23pm

The issue is there just isn't enough American students applying to all of these programs. Add to that enough students with the right scores. I would say than an MIT MSF will do well even if you have to go back to your home country though. MIT is world renowned.

Feb 10, 2013 - 6:26pm

Does applying in round 4 versus round 1 have any major affect of chances of admission? I was planning on taking off for one year to get some relevant experience in, but with applications to some places being open until April, I'm considering hitting the books and prepping for the GMAT now. I also don't want to make myself ineligible for UVA's MS in Commerce program.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
  • 1
Feb 10, 2013 - 7:32pm

jon1987:
Does applying in round 4 versus round 1 have any major affect of chances of admission? I was planning on taking off for one year to get some relevant experience in, but with applications to some places being open until April, I'm considering hitting the books and prepping for the GMAT now. I also don't want to make myself ineligible for UVA's MS in Commerce program.

I think the major disadvantage of applying late is fellowships/scholarship money. Really isn't a negative when it comes to getting into program as students accept and then rescind slots at a variety of programs.

  • 2
Feb 10, 2013 - 7:53pm

TNA:
jon1987:
Does applying in round 4 versus round 1 have any major affect of chances of admission? I was planning on taking off for one year to get some relevant experience in, but with applications to some places being open until April, I'm considering hitting the books and prepping for the GMAT now. I also don't want to make myself ineligible for UVA's MS in Commerce program.

I think the major disadvantage of applying late is fellowships/scholarship money. Really isn't a negative when it comes to getting into program as students accept and then rescind slots at a variety of programs.

I'll have to keep this in mind as I'm already worried about the cost of a specialized masters degree. Most run north of 50 or 60k with living expenses included. But given the fact that I need to "re-brand" and get a fresh start, cost will just be something that I have to suck up and deal with.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
  • 3
Feb 10, 2013 - 8:55pm

Depending on your scores and profile you can get scholarships/fellowships. I think the total cost of a program can be brought down some depending on how you go about applying and planning. Lots of schools offer money to students and you could also pick up PT work.

Not sure if we have talked already, but feel free to PM me with your stats and I can give you a better idea of how attractive you might be and if you might get funding.

  • 1
Feb 10, 2013 - 9:17pm

I'll shoot you a PM later, thanks.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
Feb 21, 2013 - 6:59pm

Interview time at 7:00, literally in a minute... hmm will report back on how it goes for you MMS guys still waiting to schedule your interview.

'Before you enter... be willing to pay the price'
Feb 21, 2013 - 9:34pm

TNA:
The issue is there just isn't enough American students applying to all of these programs. Add to that enough students with the right scores. I would say than an MIT MSF will do well even if you have to go back to your home country though. MIT is world renowned.

I assume that a lack of qualified American applicants must be a problem for MIT as well because the school is willing to waive their $100 application for any US citizen that is studying at an American university. Have the people in the admissions office given you any insight into this?

BepBep12:
Interview time at 7:00, literally in a minute... hmm will report back on how it goes for you MMS guys still waiting to schedule your interview.

Good luck! Which program are you interviewing for? I assume Duke, since you mentioned "MMS".

Feb 21, 2013 - 10:10pm

KKS:
TNA:
The issue is there just isn't enough American students applying to all of these programs. Add to that enough students with the right scores. I would say than an MIT MSF will do well even if you have to go back to your home country though. MIT is world renowned.

I assume that a lack of qualified American applicants must be a problem for MIT as well because the school is willing to waive their $100 application for any US citizen that is studying at an American university. Have the people in the admissions office given you any insight into this?

I wonder what the real issue is. Over at quanttracker, just about everyone from what I can tell has numbers over or within their numbers including the Americans. By numbers alone, I'm competitive and I haven't even heard back for an interview. So I wonder if they really want to increase it from 20% or just get better candidates for obvious reasons. I would assume too many Americans and their placements within the US might suffer because 120 people going for BB IBD won't all place. That also doesn't take into account how many go there and do more of the quant stuff but from what I can tell, they have enough American applications that they could increase the percentage if they really wanted to.

Feb 21, 2013 - 10:26pm

Yes, was interviewing w/ the Duke MMS program. Was standard fit / behavioral interview, heavy on leadership, team work, why Duke, and why the MMS. Pretty relaxed overall.

'Before you enter... be willing to pay the price'
Feb 22, 2013 - 11:30am

ssogj:
In at SMU and UT, got both acceptances within the last 2 days.

Congratulations! By "UT", do you mean Austin? I am just asking because UT Dallas (and maybe others in the UT system) offers an MSF as well.

Feb 23, 2013 - 1:28am

I want to corroborate some stuff and also get permission from people to post information.

1.) If you were accepted at HBS, Wharton, or Stanford, or better yet, attend on of these schools please PM me. I want to talk to you and get your impressions about admissions at Sloan.
2.) If you were admitted at MIT for MFin and had any frustrations about the options available to you, I also want to speak with you. Unfortunately, I can't get more detailed than this right now. PM me about your situation.

My beef, for the record, is not with MIT Sloan but mostly with their admissions department. MIT Sloan is a great school, but from what I have heard, there are issues with admissions.

Feb 23, 2013 - 3:00am

IlliniProgrammer:
My beef, for the record, is not with MIT Sloan but mostly with their admissions department. MIT Sloan is a great school, but from what I have heard, there are issues with admissions.

As in how they decide who to admit?

Feb 23, 2013 - 10:43am

KKS:

As in how they decide who to admit?

Nope. I want to cover their rejection mitigation attempts for color, but I think people have been aware of this stuff anecdotally for a good decade or so. The stuff I'm talking about has nothing to do with admissions decisions and it's a lot more... interesting.

Still, if you have information about MIT admissions- either for MBAs or MFins- I want to talk to you. Maybe you got into HBS but were rejected from Sloan. Or maybe you had a perfectly normal experience with MIT. I don't want to paint an unfair picture.

Feb 23, 2013 - 3:23pm

I'd be interested in hearing what is going on as I know the people in admissions pretty well and it seems like they are running a tight process. Just as in any top program I am sure they select people not just on stats alone, but on how they want the class to shape out. Much like NYU trying to move away from so many finance students during the downturn. No sense admitting 100 banker wannabees if you know you aren't going to place them, regardless of how good their stats are.

  • 1
Feb 27, 2013 - 1:59pm

Maybe this question should get its own thread, but is there any rumors of new MiM/MSF programs starting up? (as in ones for non-business majors) What ever happened with USC?

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
Feb 27, 2013 - 2:00pm

jon1987:
Maybe this question should get its own thread, but is there any rumors of new MiM/MSF programs starting up? (as in ones for non-business majors) What ever happened with USC?

USC is on hold for the immediate future. Santa Clare is new. UC Riverside is new. Notre Dame MS in Business is new.

That is about it right now.

  • 1
Feb 27, 2013 - 2:17pm

TNA:
jon1987:
Maybe this question should get its own thread, but is there any rumors of new MiM/MSF programs starting up? (as in ones for non-business majors) What ever happened with USC?

USC is on hold for the immediate future. Santa Clare is new. UC Riverside is new. Notre Dame MS in Business is new.

That is about it right now.

Thats what I thought. I'm hoping for a one year MiM at a school like UCLA, USC, or Cal, that would legit. I know USC has one listed, but it requires one year of an MBA program being completed to apply.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
  • 1
Mar 1, 2013 - 6:13pm

lasampdoria:
In at Utah MSF. Waiting on others.

Utah dog? lol. What are you thinking hah

Mar 1, 2013 - 6:26pm

TNA:
lasampdoria:
In at Utah MSF. Waiting on others.

Utah dog? lol. What are you thinking hah

I'm thinking I better get in somewhere else haha

"Come at me, bro"- José de Palafox y Melci

Mar 1, 2013 - 7:31pm

Anyone hear from UVa ms in commerce?
They were supposed to release decision for round 2 today.
I've already been accepted into Vandy MSF, think I might go there. Did anyone else get into Vandy? If so, could you please PM, I need some help regarding residence.

Mar 1, 2013 - 9:45pm

iamccyao:
Anyone hear from UVa ms in commerce?
They were supposed to release decision for round 2 today.
I've already been accepted into Vandy MSF, think I might go there. Did anyone else get into Vandy? If so, could you please PM, I need some help regarding residence.

That would explain why they emailed me. I heard back from them but they I'm applying for an exception so they just told me it was being reviewed by another committee. But that explains the random email on a Friday night.
Mar 1, 2013 - 10:29pm

sporthenry:
iamccyao:
Anyone hear from UVa ms in commerce?
They were supposed to release decision for round 2 today.
I've already been accepted into Vandy MSF, think I might go there. Did anyone else get into Vandy? If so, could you please PM, I need some help regarding residence.

That would explain why they emailed me. I heard back from them but they I'm applying for an exception so they just told me it was being reviewed by another committee. But that explains the random email on a Friday night.

Interesting. Why would they defer their decision?
My friend who applied for the program ( albeit for a different track) still hasn't heard from them as well.

Mar 5, 2013 - 3:00pm

Sooo.... I got waitlisted at Duke for R2. My stats:
1. Triple Major 3.74 UG (all business majors)
2. FP&A Analyst at F500 1 year
3. UG internships in Distress PE and Corp Fin.
4. Solid volunteer experience for 3 years (local HS coach)
5. 660 GMAT
6. 5 years military experience (reserves)

'Before you enter... be willing to pay the price'
  • 1
Mar 5, 2013 - 3:50pm

BepBep12:
Sooo.... I got waitlisted at Duke for R2. My stats:
1. Triple Major 3.74 UG (all business majors)
2. FP&A Analyst at F500 1 year
3. UG internships in Distress PE and Corp Fin.
4. Solid volunteer experience for 3 years (local HS coach)
5. 660 GMAT
6. 5 years military experience (reserves)

Your age and work experience must have been it. Otherwise, your profile looks great.

Mar 5, 2013 - 3:59pm

KKS:
BepBep12:
Sooo.... I got waitlisted at Duke for R2. My stats:
1. Triple Major 3.74 UG (all business majors)
2. FP&A Analyst at F500 1 year
3. UG internships in Distress PE and Corp Fin.
4. Solid volunteer experience for 3 years (local HS coach)
5. 660 GMAT
6. 5 years military experience (reserves)

Your age and work experience must have been it. Otherwise, your profile looks great.

Yeah, was really surprises and disappointed. All well, back to the applications game.

'Before you enter... be willing to pay the price'
  • 1
Mar 5, 2013 - 4:55pm

BepBep12:
Sooo.... I got waitlisted at Duke for R2. My stats:
1. Triple Major 3.74 UG (all business majors)
2. FP&A Analyst at F500 1 year
3. UG internships in Distress PE and Corp Fin.
4. Solid volunteer experience for 3 years (local HS coach)
5. 660 GMAT
6. 5 years military experience (reserves)

You have triple major? tripe area of concentration in a degree?

It's not about the money. It's about the game between people.
  • 1
Mar 5, 2013 - 5:10pm

Ichan:

You have triple major? tripe area of concentration in a degree?

Yeah, accounting, finance, and entrepreneurship

'Before you enter... be willing to pay the price'
Mar 5, 2013 - 11:00pm

Ichan:
BepBep12:
Sooo.... I got waitlisted at Duke for R2. My stats:
1. Triple Major 3.74 UG (all business majors)
2. FP&A Analyst at F500 1 year
3. UG internships in Distress PE and Corp Fin.
4. Solid volunteer experience for 3 years (local HS coach)
5. 660 GMAT
6. 5 years military experience (reserves)

You have triple major? tripe area of concentration in a degree?

You should try for MBA. If you still want to MSF, try some European program.

I was wondering whether they consider you as a over qualified person

It's not about the money. It's about the game between people.
  • 2
Mar 6, 2013 - 3:27pm

I'm going to be visiting UVA, UNC, and Wake Forest over my spring break, hopefully I can get clearer picture of what the programs are like and what not.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
Mar 7, 2013 - 4:59pm

Question: What MiM programs are the strongest placing in consulting?

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
Mar 10, 2013 - 9:44am

futurectdoc:
jon1987:
Question: What MiM programs are the strongest placing in consulting?

UVA and Fuqua then Wake Forest


Has anybody gunning for consulting considered an MSF instead of a MMS/MiM? Im not sure if ill get into Duke MMS and im wondering if anybody has gone the consulting route at something like UT/Vandy/Nova MSF. It seems uncommon due to the heavy IB placement, im curious to hear how one would fare in OCR
Mar 10, 2013 - 11:56am

I saw somebody mention that i another thread, the consensus seemed to be that although competition would be lessened, the degree is still primarily designed for banking/finance. I'm no expert though, so I'd ask TNA.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
Mar 10, 2013 - 5:07pm

jon1987:
I saw somebody mention that i another thread, the consensus seemed to be that although competition would be lessened, the degree is still primarily designed for banking/finance. I'm no expert though, so I'd ask TNA.

Other way around bro... Duke MMS is more geared to consulting versus banking/finance. The placements also tell a similar story. Out of 100 they only send 10-15 into banking per class (U.S. and Internationally), this isn't an issue of poor showing in banking so much as the students are gravitating towards consulting roles.

'Before you enter... be willing to pay the price'
  • 1
Mar 14, 2013 - 10:06am

hello everyone! I am an international student and got through WUSTL(Corp Fin & Investments track) and also University of Rochester(with scholarship). I want to work in asset management/corp fin in NYC or Chicago.....any idea which school is better for those markets? Is WUSTL MSF well known in NYC and Chicago job markets?

Mar 14, 2013 - 4:21pm

KKS:
Rejected post-interview at MIT :(

I will be attending Villanova.

Waiting on 'Nova, but looking forward to some WSO representation. Congrats.

'Before you enter... be willing to pay the price'
Mar 16, 2013 - 8:03pm

Got into WUSTL, but will decline. I find it amazing that they refuse to offer anyone scholarship money. They must lose top candidates left and right to Nova, Vandy, and other top MSF programs. Even MIT offers scholarships.

Elllo:
What's the benefit of applying earlier for msf?

If you apply late, you are pissing away thousands of dollars of scholarship money (assuming you are a competitive candidate).

Mar 20, 2013 - 1:13pm

In at 'Nova and matriculating... feels like the first big step in the right direction after wandering in the corporate finance wilderness for eleven months.

'Before you enter... be willing to pay the price'
  • 1
Mar 20, 2013 - 1:22pm

BepBep12:
In at 'Nova and matriculating... feels like the first big step in the right direction after wandering in the corporate finance wilderness for eleven months.

Sounds like that may describe me in year.
Mar 20, 2013 - 2:17pm

Thurnis Haley:
BepBep12:
In at 'Nova and matriculating... feels like the first big step in the right direction after wandering in the corporate finance wilderness for eleven months.

Sounds like that may describe me in year.

No worries bro, even though I hated CF it was still a decent experience

'Before you enter... be willing to pay the price'
Mar 20, 2013 - 1:28pm

In at 'Nova and matriculating... feels like the first big step in the right direction after wandering in the corporate finance wilderness for eleven months.

I am in literally the exact same position (down to the # of months) and feel the same way. Congrats. Look forward to meeting you on Apr 6 for the Nova MSF meet and greet.

"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." - Bertrand Russell
Mar 20, 2013 - 2:06pm

leveragealltheway:

I am in literally the exact same position (down to the # of months) and feel the same way. Congrats. Look forward to meeting you on Apr 6 for the Nova MSF meet and greet.

Thanks, unfortunately I won't be attending the event due to prior military commitments, but it looks fun. I've joined the WSO 'Nova group... feel free to PM me to share LinkedIN, etc.

'Before you enter... be willing to pay the price'
Mar 21, 2013 - 8:29pm

BepBep12:
In at 'Nova and matriculating... feels like the first big step in the right direction after wandering in the corporate finance wilderness for eleven months.

Im in at Villanova, still waiting to hear back from Vandy, and will probably eliminate Duke because I much rather do a MSF than a MIM coming from a finance/acct background. How much are you guys taking on in debt? Im likely looking at 30-40k which is a little intimidating, but hopefully the ROI is there.

Mar 22, 2013 - 12:59am

jss09:
Im in at Villanova, still waiting to hear back from Vandy, and will probably eliminate Duke because I much rather do a MSF than a MIM coming from a finance/acct background. How much are you guys taking on in debt? Im likely looking at 30-40k which is a little intimidating, but hopefully the ROI is there.

I could pay for the entire thing with cash, but seeing as I could get a ~6% rate on a student loan if a parent cosigns, I think I will leave the money in the market and make a profit off of the student loans. I think I will take out $30,000.

$30,000-$40,000 is a lot of money, but a worthwhile investment if you are planning on working in finance after your MSF. Plus, at least you are not out $150,000 like MBA students are.

Let us know which you end up choosing. I got into Vanderbilt too, but declined it for Villanova. Good luck!

Mar 22, 2013 - 3:52am

KKS and other matriculating into programs, first off congrats. Secondly, you mentioned you could pay it cash but would rather do it student loan. Can you elaborate further on that? I'm a noob with student loans (quite frankly terrified of taking one out) and I was planning on paying a good amount cash.

Mar 22, 2013 - 7:28am

Inception:
KKS and other matriculating into programs, first off congrats. Secondly, you mentioned you could pay it cash but would rather do it student loan. Can you elaborate further on that? I'm a noob with student loans (quite frankly terrified of taking one out) and I was planning on paying a good amount cash.

I've never used the student loans either so the whole thing is relatively new to me. I'm paying with a combination of cash and debt and the nerd in me has modeled it out with a number of sensitivities to get comfortable w/ the total amount. Might be something you want to do.

I don't know what your goals are, but I'm using this program first and foremost to land an FO position and then a distant second, to increase my knowledge. I'm not saying I won't learn in the program (I've heard the classes are formidable and I want to keep a damn near perfect GPA), but I'm really attending to land a position that I've been grinding towards for almost three years now. The 'Nova MSF is a huge catalyst for me, a tool to unlock value, so in my mind I was always prepared to use a significant amount of $ debt if I had to b/c I realize what a game changer this can be.

'Before you enter... be willing to pay the price'
  • 2
Mar 22, 2013 - 11:09am

BepBep12:
Inception:
KKS and other matriculating into programs, first off congrats. Secondly, you mentioned you could pay it cash but would rather do it student loan. Can you elaborate further on that? I'm a noob with student loans (quite frankly terrified of taking one out) and I was planning on paying a good amount cash.

I've never used the student loans either so the whole thing is relatively new to me. I'm paying with a combination of cash and debt and the nerd in me has modeled it out with a number of sensitivities to get comfortable w/ the total amount. Might be something you want to do.

I don't know what your goals are, but I'm using this program first and foremost to land an FO position and then a distant second, to increase my knowledge. I'm not saying I won't learn in the program (I've heard the classes are formidable and I want to keep a damn near perfect GPA), but I'm really attending to land a position that I've been grinding towards for almost three years now. The 'Nova MSF is a huge catalyst for me, a tool to unlock value, so in my mind I was always prepared to use a significant amount of $ debt if I had to b/c I realize what a game changer this can be.

In the long term I think it will be a good investment for me, the thought of loans just scares me because I have 0 UG debt. Finance is a world where your first job can put you on a completely different earnings track for the rest of your career and I dont think there will be many people drowning in debt 5 years from now from a Nova MSF. Look forward to meeting any of you attending the event 05/06

Mar 22, 2013 - 9:37am

Inception:
KKS and other matriculating into programs, first off congrats. Secondly, you mentioned you could pay it cash but would rather do it student loan. Can you elaborate further on that? I'm a noob with student loans (quite frankly terrified of taking one out) and I was planning on paying a good amount cash.

My portfolio earns well over 6% a year. Because of that, I would gladly pay 6% interest to be able to keep my money in them market.

Mar 26, 2013 - 8:32pm

Just so you guys know I will be closely monitoring your experiences with the Villanova MSF. If it's very successful for you it may sway me towards applying for 2014-15.

Mar 26, 2013 - 9:59pm

Thurnis Haley:
Just so you guys know I will be closely monitoring your experiences with the Villanova MSF. If it's very successful for you it may sway me towards applying for 2014-15.

Feel free to PM at some point before you apply. Be sure to reach out to the admissions people as well.

Mar 27, 2013 - 7:05am

Bep, KKS, jss... thanks for the replies! Yea. I'm really mulling this over for next year. I wanna give myself one more year at work though (moving from nights to days after 3 years). Want to apply for next year so I get all that application process outta the way, but can you defer? Again thanks everyone.

Mar 27, 2013 - 1:30pm

But can you defer
I'm not an expert but I would imagine not since the programs seem to be very stringent on time since graduation.
"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." - Bertrand Russell
Mar 28, 2013 - 1:42am

Well instead of needlessly starting another versus thread, I figured I'd just talk aloud here and bounce some ideas off you guys since you guys have been very helpful throughout. I'm down to BC or UVA. I'm hoping to do IBD somewhere in the mid-Atlantic or Northeast so I'm not too picky on location. My take seems to be that UVA's recruitment and placements seem to be better and the McIntire brand. BC has the better curriculum with less generalized classes and a few electives. It also has the opportunity for an internship which, for someone coming in with no finance experience could be important. And it has the location in a finance city which has to help.

I'm hoping to get an internship in some capacity this summer and I think I remember ANT saying that internships during the year aren't that helpful for recruiting which starts in September/October. So I guess I'm leaning towards UVA but was hoping to hear what you guys had to say.

Mar 28, 2013 - 8:38am

Not having seriously looked into either program, I'd say UVA from what I've heard in passing and on the boards. Since you were accepted to UVA I'm assuming you don't have a business background so UVA makes sense from an academic standpoint vs. an MSF. So UVA definitely fits your story, which is a huge piece in recruiting out of a masters program be it MSF or otherwise. Second, I think Boston is a more regional player looking at their placements for MSF and also Carroll as a whole. That being said I think UVA will give you a slight edge on the geographic region you want to end up in due to proximity. I think both are good programs, but UVA is more established (Boston going from PT to rolling a FT) and recruits where you want to be.

'Before you enter... be willing to pay the price'
  • 1
Mar 28, 2013 - 9:08am

UVA all the way. I really wish I would have majored in a science or other non-business field so that I could have applied to UVA. I know kids that majored in liberal arts or completely unrelated subjects and landed top IB jobs after getting their MS Commerce from UVA.

Mar 28, 2013 - 10:31am

Go with UVA. The program is very selective and placements are top notch. The commerce track is more in line with an MSF so your education will not suffer.

Apr 2, 2013 - 4:17pm

calikid3820:
Did anyone else apply R3 at Nova?

I got invited to the "Admitted Students Day" but I have not yet heard if I am in

I applied R3 as well. I got the Admitted Students Day e-mail a day or two before I was officially accepted.

Supposedly they just want you to keep the date on your radar while they review your application. That said, every case I've heard of so far where a candidate received the Admitted Students Day e-mail prior to receiving their official admissions decision has also been accepted into the program, for what it's worth.

  • 1
Apr 3, 2013 - 1:05pm

I visited UVA a couple of weeks ago and loved it. Sat through two classes and met with students and admissions people. I will be applying there for sure if my GMAT is high enough.

"There are only two opinions in this world: Mine and the wrong one." -Jeremy Clarkson
  • 1
Apr 4, 2013 - 2:39am

Got in at Vandy, WashU, & Rochester. Haven't quite decided where to go yet. Rochester's slipping in MY rankings, so I'm really just stuck trying to decide between WashU and Vandy. Anyone got any insights?

"There is only one way to avoid criticism: do nothing, say nothing, and be nothing"
Apr 4, 2013 - 9:43am

eggsandbakan:
Got in at Vandy, WashU, & Rochester. Haven't quite decided where to go yet. Rochester's slipping in MY rankings, so I'm really just stuck trying to decide between WashU and Vandy. Anyone got any insights?

I was down at Vandy for the class day a couple weeks ago... Its pretty sick and I really liked how flexible the program was in terms of courses and tailoring it to what you want to do.. I don't know much/anything about WashU

Apr 7, 2013 - 2:42am

calikid3820:
eggsandbakan:
Got in at Vandy, WashU, & Rochester. Haven't quite decided where to go yet. Rochester's slipping in MY rankings, so I'm really just stuck trying to decide between WashU and Vandy. Anyone got any insights?

I was down at Vandy for the class day a couple weeks ago... Its pretty sick and I really liked how flexible the program was in terms of courses and tailoring it to what you want to do.. I don't know much/anything about WashU

Thanks. I haven't had the opportunity to make a campus visit, so that was helpful!

"There is only one way to avoid criticism: do nothing, say nothing, and be nothing"
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Apr 5, 2013 - 5:05pm

eggsandbakan:
Got in at Vandy, WashU, & Rochester. Haven't quite decided where to go yet. Rochester's slipping in MY rankings, so I'm really just stuck trying to decide between WashU and Vandy. Anyone got any insights?

Placement-wise, Rochester does not compare to Vandy and WashU. I chose Villanova over Vandy and WashU, but Vandy would have been my second choice. The program is well-organized and places well.

Apr 7, 2013 - 2:45am

KKS:
eggsandbakan:
Got in at Vandy, WashU, & Rochester. Haven't quite decided where to go yet. Rochester's slipping in MY rankings, so I'm really just stuck trying to decide between WashU and Vandy. Anyone got any insights?

Placement-wise, Rochester does not compare to Vandy and WashU. I chose Villanova over Vandy and WashU, but Vandy would have been my second choice. The program is well-organized and places well.

Yeah, the placement data is what knocked Rochester down for me (although granted, some of that can be attributed to the large percentage of international students). Is there a particular reason you had Vandy ahead of WashU, or was it just more of a personal preference thing?

"There is only one way to avoid criticism: do nothing, say nothing, and be nothing"
  • 1
Apr 8, 2013 - 9:57am

TNA:
IMO, WUSTL > Vandy. Not by a lot, but enough.

I was JUST logging on here to say I'd decided on Vandy. You're killing me, Ant lol. Okay, what pushes WUStL over Vandy in your opinion?

"There is only one way to avoid criticism: do nothing, say nothing, and be nothing"
Apr 8, 2013 - 1:11pm

eggsandbakan:
TNA:
IMO, WUSTL > Vandy. Not by a lot, but enough.

I was JUST logging on here to say I'd decided on Vandy. You're killing me, Ant lol. Okay, what pushes WUStL over Vandy in your opinion?

I wouldn't sweat it, like I said, it is just my opinion and very slight. Vandy is a great choice and be happy with it. No need to worry.

  • 1
Apr 8, 2013 - 1:36pm

On a sidenote, how do you guys handle declining an admission offer? Just not respond? I've sorta built a rapport with some of these adcoms, and I'd feel like a tool for not sending a courtesy email at least. What's appropriate?

"There is only one way to avoid criticism: do nothing, say nothing, and be nothing"
Apr 8, 2013 - 2:43pm

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Apr 8, 2013 - 3:03pm

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"There is only one way to avoid criticism: do nothing, say nothing, and be nothing"
Apr 8, 2013 - 10:34pm

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Apr 9, 2013 - 1:43am

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"There is only one way to avoid criticism: do nothing, say nothing, and be nothing"
Apr 9, 2013 - 1:45am

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"There is only one way to avoid criticism: do nothing, say nothing, and be nothing"
Apr 17, 2013 - 1:42pm

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