<p>hey,</p>
<p>at my school, umd, the average salary for finance majors seems to be around 50-55k, with accounting 53-58 k.</p>
<p>If i get my masters from the university of rochester, what will be the median salaries of graduates for a ms finance program and ms accounting respectfully?</p>
<p>Honestly,Melon390, at least for accounting, the salaries are about the same with an MS or without an MS , give or take a thousand or two. Accounting,however, usually requries 150 credits for the CPA exam, so an MS in something is fairly usual in accounting.</p>
<p>clarify your post, atleadt for accounting..............accounting, however........</p>
<p>not ure if you confused the two.</p>
<p>Median salaries are meaningless statistics, unless you are average.</p>
<p>melon, he didn't confuse the two. He is simply saying that an MS means next to nothing for accounting. However, what does matter is that you have enough hours for the CPA exam...which is why so many accounting students get their MS. If you get the necessary hours without an MS, that is perfectly acceptable.</p>
<p>So an MS in Finance might be worthwhile if i want to stay away from auditing, (at a good school)</p>
<p>MS Finance is a worthless degree.</p>
<p>What dawgie has said is completely untrue. The University of Florida has a Masters of Science in Finance degree that is highly touted and recruited by BB firms. Most graduates get jobs on Wall Street at such banks as Merrill Lynch, Citi, Lehman, JP Morgan, Bear Stearns (I know), and Goldman Sachs. Wachovia and Bank of America are also a big recruiters due to their southeast locations. The curriculum of UF's MSF is equaivalent to the second year of an MBA program with a concentration in finance; it is narrow and highly concentrated. UF is just one example of what an MSF degree can do for you.</p>
<p>Yeah i looked into that and all their candidate profiles, it seems like all of them have undergraduate majors in finance and economics with GPAS of 3.6 upwards and excellent GMAT scores. I was looking more at rochester and syracuse.</p>
<p>g8erbait, give me proof. I find that hard to believe. If that was such a strong route, i would imagine it would be more commonly posted around here.</p>
<p>MS</a> Finance - Finance, Insurance & Real Estate - Warrington College of Business Administration</p>
<p>go to the site and click on recent placements to see the last two years and click on placement history for a longer, less detailed picture. The director of the program was a MD at 3 or 4 BB in New York so he has a lot of connections. Also, if you look at the resumes of many of the graduates, they are at or above the median scores in GPA and GMAT for top 10 MBAs (3.75+ GPAs and 700+ GMATs) so many of them could end up going back to get their MBAs at top schools.</p>
<p>I have a family friend that graduated this year and is working for Wachovia. He just started and said that he and another kid from UF in the same division are by far the most prepared of all the new analysts; that is not hard to believe or too extraordinary since most do not have a masters in finance and some are not even finance/accounting/econ majors (not that the other analysts aren't smart/geniuses, it is just that they haven't had the in depth finance training that my friend has and they will have to learn on the fly a bit more)</p>
<p>I'm not talking specifically about this program. I want proof that MS in Finance as a whole is worth getting, tuition and time (opportunity cost of not working). I stand by my statement that MS in Finance generally is a waste of time, however feel free to enlighten me.</p>
<p>Just check out the syllabi of the courses on the UF MSF curriculum:</p>
<p>MS</a> Finance - Finance, Insurance & Real Estate - Warrington College of Business Administration</p>
<p>Waste of time? I don't think so.</p>
<p>Pretty solid placement history as well..</p>
<p>MS</a> Finance - Finance, Insurance & Real Estate - Warrington College of Business Administration</p>
<p>Read the damn post boy.</p>
<p>For regular MS Finance programs, not including computational/engineering programs, it seems like the school you go to is important. UF, for example has a great track record. so does vanderbilt, UL Urbana, and Lehigh.</p>
<p>Master</a> in Finance : MS Finance FAQ</p>
<p>Stats show salary is quite higher as well as companies that recruit out of there. So all in all, it's the specific program. Saying it's a waste of time is far from the truth, maybe it's a waste of time at Buffalo, but def not at other places.</p>
<p>Replace "other places" with "few places" and I'm with you.</p>
<p>Regarding Vanderbilt for reference purposes: ( Master</a> in Finance : MS Finance FAQ )</p>
<p>"The average starting salary for the 2006 graduating class was** $59,318**, with 84% of the class having 0-2 years of prior work experience. "</p>
<p>I didn't see the avg for UF...is that listed?</p>
<p>the average isn't listed, but it is going to be the same as whatever any other investment banking 1st year analyst is making. Vanderbilt doesn't have nearly the same placement record as UF has; most Vandy grads appear to work in corporate finance rather than investment banking. The two programs have different curriculums and objectives. </p>
<p>It is likely that most MSF programs are useless, but the only one I have much knowledge about is UF and as the placement stats show, it is definitely worth it.</p>
<p>From what I've researched and professors i've talked to, there arent that many programs. Accoriding to </p>
<p>M.S</a>. Programs in Finance at U.S. Universities (provided by Don Chance) , </p>
<p>it seems like only Bentley, GW, maybe northeastern, princeton, BC, UL Urbana, Vanderbilt, and Villanova are the only respectabul programs. List does not include UF, Urochester, and syracuse, which also have MS Finance programs..</p>
<p>Now, my question is, how valuable is a MS Finance at these FEW programs listed as opposed to aBS in Finance from a state school, such as Penn State, Maryland, Indiana, etc.</p>