Finance- B.S or Masters?

College Majors Business Majors
1

<p>I am 23 and i graduate from college 2 yrs ago with a degree in Criminal Justice with the aspiration of going to law school. Well now Law school is not in the picture and I stuck with what I feel is an unmarketable degree. Or at least unmarketable for any career Id like. I am currently working at a financial planning firm, thought financial planning is not the area I want to be in the future.</p>

<p>A friend suggested I try for a Masters in Finance, though I have absolutely no foundation of knowledge regarding finance. However, a part of me feels stupid doing another Bachelors.</p>

<p>Thoughts and opinons, please?</p>

2

<p>MBA would be a good idea for you, a full switch to a new area.</p>

3

<p>Don’t do a bachelors. If you had decent grades in college, can score well on the GMAT, and can spin your work experience into something positive I would try to go to a good MBA program. Otherwise, I would look into Masters in Finance degrees. I’m assuming some of the programs do not require that you have a background in Finance.</p>

4

<p>The programs dont require a background in Finance. Regarding the GMAT, I suck at standardized test, and after 2 awful SATs and 2 horrible LSATs, I dont think I can score well on the GMAT.</p>

5

<p>The programs don’t require a background in finance, that’s right. But you better be real good at math.</p>

6

<p>touche’ tetrishead is right</p>

7

<p>youd ont have to be good at math unless its a computational/quantatative financial masters or a financial engineering degree.</p>

8

<p>A masters degree in finance is quantitative finance, because finance as we know it is basically applied econometrics, it’s the application of mathematical models. There isn’t a degree for people that just want to be financial planners or whatever the hell a “here is finance works without any math hurf durf” degree would be (that I’m aware of, anyway), they just get on the job training and read books.</p>

9

<p>you don’t know what your talking about bud…</p>

<p>[MS</a> Finance - Finance, Insurance & Real Estate - Warrington College of Business Administration](<a href=“http://www.cba.ufl.edu/fire/programs/msf/programinfo/curriculum.asp]MS”>Finance, Insurance and Real Estate Department | UF Warrington)</p>

<p>top program there, check out their placement record and student resumes, pretty impressive for uf.</p>

<p>[Concentration</a> in Finance : Simon Graduate School of Business](<a href=“http://www.simon.rochester.edu/programs/ms/academics/programs-of-study/finance/index.aspx]Concentration”>http://www.simon.rochester.edu/programs/ms/academics/programs-of-study/finance/index.aspx)</p>

<p>no math there either </p>

<p>those are MS FINANCE programs…</p>

<p>here is an example of a computational/quantatative/engineering track Masters .</p>

<p>[Rutgers</a> Business School : Core Courses](<a href=“http://business.rutgers.edu/default.aspx?id=345#P]Rutgers”>http://business.rutgers.edu/default.aspx?id=345#P)</p>

<p>scroll to the bottom to check the pre reqs, notice the req’s are diffferent…</p>

<p>so basically, if you don’t have math and go to a MS Finance program your good. You prob won’t be considered if you don’t have atleast differential equations/linear algebra for the financial engienering or quant finance programs.</p>

10

<p>…</p>

<p>I randomly clicked on the second course for the UF MS in Finance.</p>

<p>

</p>

<p>Yes, nothing says “does not require math” like multivariate regression analysis.</p>

11

<p>do you know what multivarita regression analysis is? i learned that in a intro stat class. also, uf is a top tier program. if you know anythign about finance, there is allot of basic statistics/regression.</p>

<p>Anything about stochastic calculus in there? partial diffy q? computation?</p>

<p>[Courant</a> Institute of Mathematical Sciences NYU](<a href=“Home - NYU Courant”>Home - NYU Courant)</p>

<p>[MFE</a> Prospective - For Prospective Students - Pre-Program Courses - Haas School of Business](<a href=“http://mfe.haas.berkeley.edu/preprogram.html]MFE”>http://mfe.haas.berkeley.edu/preprogram.html)</p>

<p>THOSE programs require math, as i said in the previous post, UF, Rochester, don’t require anythign but intoductory courses, (Calc, stat)</p>

12

<p>for ms finance programs, check</p>

<p>[M.S</a>. Programs in Finance at U.S. Universities (provided by Don Chance)](<a href=“http://www.bus.lsu.edu/academics/finance/faculty/dchance/MiscProf/MSPrograms.htm]M.S”>http://www.bus.lsu.edu/academics/finance/faculty/dchance/MiscProf/MSPrograms.htm)</p>

<p>also, notice it says "not be in financial engineering, quantitative finance, financial mathematics, mathematical finance, computational finance, etc.; this list may not be inclusive of all possible variations of finance that are excluded. See [Global</a> Derivatives v3.0 - Home](<a href=“http://www.global-derivatives.com%5DGlobal”>http://www.global-derivatives.com) for a list of those programs. Their list also includes most of these as well.‘’</p>