<p>Wharton is a great school, but until they start offering an MSF, Villanova is the key MSF program for Philadelphia/NYC.</p>
<p>And maybe you could get a masters in finance if you dropped out of the PhD, but way more work than actually getting an MSF from a school that offers it.</p>
<p>I’m an incoming freshmen at Texas A&M University and I was wondering if you could tell me since today’s downfall in the stock market…What is the job outlook for a Finance Undergrad from a school like TAMU? What kind of salary will I typically be looking at coming out? How hard is it to get an internship? I know the economy down here in Texas is a bit different than the rest of the nation but that granted what do you think?</p>
<p>Markets sell off all the time. Texas A&M is a solid school and well represented in TX. I would probably focus the job search on Houston and other major TX cities. Cast a wide net, network with alumni and try and land an internships (paid or unpaid).</p>
<p>Salary wise, if you got into banking/trading at a firm in Houston I would expect base to be around 65ish with bonuses depending on the year you have. All in should be 90ish easy, maybe a little less or more.</p>
<p>Thanks for your time with us MSFHQsite, it’s definitely appreciated from a rising senior like myself. I’m looking into schools to apply to for undergrad, not including the prestigious wharton, mit, etc.
Would it be beneficial for a person (me) to attend a community college outlet through UC Berkeley and after 1-2 years transfer into its undergrad program in the hopes of getting into Has? I’ve been passionate about business my entire life, and although I haven’t pin pointed my destination, I think majoring in finance would best suit my personality. My gpa is high, though my sat/act is a bit on the low side since I have found all my success through hard work, not so much standardized testing as it is my weakness, though I’ll be retaking it as I continue to study for them.</p>
<p>Am I delusional for thinking I can, as a last resort, attend the local Berkeley community college and be aligned in the “Community College Transfer Center Program” for 1-2 years before transferring into UCB? I would expect no less than a 4.0 throughout my duration at the CC, as I have a 4.4 gpa at a rigorous private school in Southern California, and I would find an internship/job opportunity throughout my stay there to maximize my options/experience and express my interest in the field. I don’t think I would get admitted directly into UCB, and even if i was, my gpa throughout my undergrad would probably be under 3.6 since I hear it’s quite difficult. Going through a CC would help boost my gpa, build experience as I would have tons of time for interning, but it just seems too easy?</p>
<p>What is your opinion on USD (University of San Diego) for a degree in business? My brother currently goes there and I believe I will get accepted (it’s also 20 minutes away so it would be ideal), but is it semi well-known as a school in the eyes of somebody on the east coast? </p>
<p>Coming from a hard worker and somebody that also wants to make money, what position do you think I would benefit the most from through finance? </p>
<p>Lastly, what particular major do you think would be best in the eyes of an employer?
Accounting, Business Administration/Management, Business/Managerial Economics, Finance/Banking, International Business, Marketing Management, Real Estate</p>
<p>I went to a CC for two years and got a full ride at Syracuse. Never applied anywhere else, but I think if I got a full ride at a T40 business school I probably would have been accepted at better places without the scholarship.</p>
<p>Community college is a great way to save money and prove yourself. Make sure you get a high GPA. I had a 3.8 and excellent rec’s from close professors. Most places have an established transfer program also. </p>
<p>Major in whatever you like, but if you like business, major in finance or accounting. You want something that you know will be in demand. Also, go to the best school possible. Life will be easier at Haas than at USD. Brand name matters.</p>
<p>Penn State is a good school with a lot of enthusiastic alumni. If you are interested in finance make sure you get into their Nittany Fund. </p>
<p>F500 will be close to 40 hours
PWM will be 40 hours or less, up to you
Sales and trading will be around 50-60
Banking at a boutique firm, outside of NYC will be 60-80 hours</p>
<p>Hours and money are usually tied, but most people only kill themselves in banking for a couple years and then go do something different. </p>
<p>Two years really isn’t a long time and the money is pretty good. I would suggest that you keep your options open and explore everything that interests you. You’re still young so there is time to make up your mind.</p>
<p>I don’t want to ask too much, but I’ve also heard and seen on different threads that an accounting degree is much more valuable than a finance degree because accounting majors can excel in accounting and finance jobs, while the same isn’t true the other way around. </p>
<p>I know you went with finance, so why did you choose that route?</p>
<p>I find accounting to be boring. I am much more interested in markets, economics, global trade, etc. You need to know accounting in finance, but not so much that you need to major in it. Some people can handle majoring in that subject, but I took my two required classes and said bye bye.</p>
<p>Wouldn’t the MFE land a person the same positions as MSF? I saw a placement statistics of my school, and it seams that graduates also got offers from IBs, consulting, trading, etc.</p>
<p>You can do anything with any degree, it is just a matter of what is easiest and most probably. An MFE is pretty math intensive, quant, etc. MFE grads tend not to go into general banking type roles. Not saying you can’t, just what typically happens. </p>
<p>If you are into math to the point you get an MFE you will find banking to be mundane.</p>
<p>Sorry to revive an old thread MSFHQ, but if you are still checking it I’d like to ask a few questions.</p>
<p>If I was looking to go into asset management (i.e. for a mutual fund), do you think a MSF (from Villanova) is something that would put me in a position to be an analyst for a top or near-top fund? This would be essentially be my 5th year - no experience other than internships. Also, could you give some insight into the overall competition level for mutual fund analysts? How difficult would breaking into mutual funds be as compared to IB, Consulting, etc.?</p>
<p>Also, if I was interested in becoming an analyst for a hedge fund (yes I’m aware of the typical “track”), would getting an MSF (and possibly starting my CFA lvl.1) allow me to circumvent the usual IB experience and go straight into being a hedge fund analyst?</p>
<p>Specifically for Villanova not many students go into AM or mutual funds. Not because they can’t, but most go for banking or F500. It would be pretty easy to get into a fund since we have Vanguard right down the road. I think AM and MF would be “easier” in the sense that they are less prestige driven and more about working your way up and getting your CFA.</p>
<p>I do not think the MSF would help you circumvent the recruiting process for HF’s. Especially with no work experience. Maybe a really small, regional HF, but nothing big time.</p>
<p>So would you say, assuming I have a solid resume, I would have a shot of breaking to into a Vanguard-type M-Fund? How would my chances differ coming out of Villanova undergrad (Finance major) as compared to coming out with a MSF? Is a MSF directly applicable to MF?</p>