<p>As an undergraduate Business major with concentrations in Finance/Management and Minors in Math and Econ who is looking into any/all possible options after graduation, what are the advantages of getting a Masters of Science in Finance right after graduation. Is it worth the cost of studies? Are there any sort of employment/placement data for students with a MSC in Finance?</p>
<p>As a side question, does anybody have a list of really good/unique Masters of Science in Finance programs? East Coast preferred por favor =p</p>
<p>you can look at my old posts to find some info on this:</p>
<p>Short answer is that there is not a lot out there, particularly east coast. A few that come to mind are Princeton, MIT, BC, Rochester. You’ll need close to a 800 quant gre for the first two. The advantages are further education and a higher salary. Disadvantages are high tuition, opportunity cost of lost income and experience.</p>
<p>I’d say Princeton is definitely a quantitative masters program- everyone who gets in is really excellent. It’s also an order of magnitude more difficult to get into the Princeton MFin than the Harvard or Stanford MBA program.</p>
<p>The MIT MSF looks great but is also quite expensive. I think BC, Florida, Vanderbilt, and JHU would all be good from an academic standpoint but are not targets for Wall Street recruiting. The best option is to look overseas- LSE, Warwick, Oxford, Cambridge, Imperial, LBS, Bocconi, HEC… </p>
<p>If you want to get into S&T, masters in financial engineering or financial math are a good bet (tough to get admitted though, comparable to top 5-10 MBA programs but focus on math and programming skills)</p>
<p>Nah, I wouldn’t say that it’s actually more difficult to get in. I would say that the criteria are different, in that a supernerd (in the best sense of the word) is far more likely to get into the MFin program than into an MBA program. You don’t really need full-time work experience, you don’t need soft skills, but of course you do need extensive mathematical expertise. Hence, the program is targeted towards a different audience. Many people who couldn’t get into the MFin program could get into a top MBA program, and vice versa.</p>