Masters in Finance: Is it worth it? (from a finance major)
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- čas přidán 19. 12. 2018
- Is a Masters in Finance worth it for you? Its going to depend on your personal circumstances, but a top MSF, MFin, MSC degree could help you find a finance job or financial engineering job if you have tried all other avenues. Graduate school is not something you should take lightly, due to the potential of putting yourself in even more student loan debt.
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Hi Kaila, I’m finishing my bachelors in accounting concentration from a community college, I’ve been working for CPA firm in taxes/bookkeeping for over 1 year now. I’ve always loved investing and using fundamentals/ analysis to make that choice. I want to switch to investments analyst/ portfolio analyst role or even REPE analyst. I’m very late to the internship applications so I’m considering doing a MSF. It’s 30K in Florida and I never had any debt from my BA since it was cheap college, also my GPA was 3.0 not great. Do you think it would be best for me to pursue a MSF ?
Hey kaila! I have some qs.
1. What do u mean by networking?
2. I'll be doing my BS from another country. Will MSF be good enough to get me a corporate or commercial banking job.
3. Is ASU a good school and can i get a job in the south ( dallas/houston) after studying there?
Networking - meeting likeminded people, people that would be willing to help you out, answer questions, people who want to see you succeed.
MSF will definitely help you out since you are coming from another country. Some people use it to get into corporate or commercial banking.
ASU is a good regional school, so should be handy in getting a job in Arizona and neighboring states.
Which one has more of Quant/Math MSF Vs MBA finance ? does MBA finance needs strong quant/math skills ? and which of them has the better job market if we compare it
I have done bba in finance and mba in finance.thinking to either do Ms in finance or business analyticss or financial engineering. I belong to Pakistan. I just want to move to US AND GET A JOB .BUT I'M NON QUANT. AS I SEARCHED FINANCIAL ENGINEERING IS TOO QUANT RELATED AREA. WHICH WAY IS BETTER TO HAVE MORE TIME FOR GETTING JOB .
Hey kaila great video! So I'm a bcom grad and I've worked for a year in audit. I want to move into finance but I'm not really sure that exactly is it that i want to do in finance. I'm currently in India and I'm looking to study abroad. Do you think an ms in finance would be a good choice now or should i get some more work experience?
If your goal is to study and live abroad, I think the MSF would help you. Until then, keep getting experience, and seeing what other opportunities you can find yourself to be in.
Hey Kalia! Thanks for the info, I got into a MFin program at a top 10 public university and debating whether it’s worth it to take on student loans in order to attend it. Is it really much of a game changer?
Check out what companies recruit at the program you got accepted to and where the alumni from that particular program are working now. Can you get into those types of opportunities currently without the MSF? Where do you want to go in your career? What is the alternative to not pursuing the MFin? Is this something you are passionate about and willing to live a frugal live for a while to pay off your loans? If you are currently not getting attention from jobs you are applying to, not getting promoted, don't have a very strong network or unwilling to build it, you want to become a financial engineer/quant, etc, than the MFin can be a game changer.
I just graduated with a undergraduate in marketing but I have also always been interested in finance specifically wealth management. I would love to have a career in managing clients money making smart investments for them or even just consulting. That being said I was considering going for my MBA in Finance specifically. Do u think it would be worth it? Especially since my undergraduate wasn’t even in finance but instead marketing.
Have you tried applying to any wealth management firms yet and connecting with people in that field? If you are not garnering interest from anyone then I would tell you to consider the MBA. If I had more information about your particular background and what methods you are currently using to get noticed, then I could give you more tailored advice. You should consider doing a coaching call with me. If that is something you are interested in, send over an email to my email in the description box.
@@kailakaila i relative of mine got me a interview at a envormental waste company. they offer me a entry level labor job which they said everyone at their company starts at but they told me they would pay for my masters after im there for 3 months. would it be worth me taking a crappy job if the company would pay for my masters? also is this something i should be having them put down on paper when i sign the job agreement or is that gonna come off as rude?
@@9770G How much would they pay for your masters? A lot of companies have caps, like they will give $3000 a year towards your degree, and some have even stricter rules like they will reimburse you a portion of the money you spent (on college credits only) and how much depends on the grade you got in each class. Usually anything under a B is not reimbursed. If they have shitty policies regarding paying for your masters than I would say no, its not worth it if thats the only/main thing you are looking to get out of it. Don't know the size of the company, but usually they have stuff like this covered in the employee handbook or something similar (unless you would be getting special treatment, which is rare). Once again, I don't know all the details, but I would not ask them to write it down or have them sign something, as it would look rude. Just ask for further clarification on their policies and let them know you have interest in pursuing further education in the future.
Hey, just a quick question! I’m transferring down to USF from a university from NJ. I’m wrapping up my finance degree at USF, any good clubs or organizations to build a network there in Tampa. Thank you!
I'd start by joining student finance organization. Depending on what year you are in, see if you can join the student managed investment fund. See if you can join the CFA society of tampa, if you want to go down that route.
Hi! For non finance undergraduate majors such as Marketing (but have taken basic financial accounting and financial management, aswell as maths and stats courses), do you have any tips for getting into high finance jobs and internships after graduation? In terms of skills or courses that could be pursued?
Since you commented on this video, are you currently in a masters in finance program? Or are you saying you are currently in undergrad studying marketing? If you are currently in undergrad and interested in finance roles, do not wait to pursue internships. You need to start applying ASAP, because usually openings are filled up to a year in advance for high finance internship opportunities. Getting an internship (or 2 depending on what year you are in) will make things a lot easier for you to get a full time role. If you wait til after graduation it will be very, very hard to make a case for yourself with a marketing degree unless you have a 3.8 and up GPA and go to a top 10 school. Network as much as possible with people who may be able to help you get your foot in the door. Learn advance excel skills ASAP.
@@kailakaila I'm in the same boat, about to graduation B Business (Marketing) and want to get into a position in finance. Thinking masters in finance is probably the best way to do it?
@@lukewiggins553 Definitely will open more opportunities for you with your background.
@@lukewiggins553 Yes, MSF would give you a leg up. Unless you have ivy league background, or people who could help you in.
Get a finance degree
Hey,
I am currently in India and planning to do Masters in finance in US.
Will that help me to get into investment banking roles?
It’ll give you the opportunity to potentially be recruited, depending on what university you end to going to.
Is it advisable to pursue Ms Finance after CFA level two..
Any kind of help would be appreciated. 🙏🙏
How are the job prospects looking after passing CFA level 2? Getting any interest? Start networking and see where it leads you. I wouldn't necessarily recommend MSF after CFA, but depends on your situation and wether or not you are getting interviews, where you want your career to go, etc.
@@kailakaila I hope we can connect on linked in.
Would love to be a connection of yours. :)
What if I returned to school for my BSc in Finance as a 3rd year and did not do any financial internships? I didn't go to a great business school and I'm having a hard time getting any firms interested in me.
Keep contacting companies and firms for internships and entry level jobs, you might need to be more flexible with what you will accept. Watch my how to get a finance internship video and finance interview video
Kaila I want to be an analyst, but all internships I’ve applied to did not want a senior who is graduating next May to do a summer internship. So it puts me in a bad place graduating with a job lined up and having no experience in that field. This is a career change for me. I will keep trying.
Kaila I have a 4.0 GPA so I’m thinking I can go to a elite school and have more access to recruiters because I’m now at a small college in New Hampshire. Not really a place anyone recruits for IB. I also am very lucky to have a fund for education so i won’t have to take out a loan.
In your case, an MSF might work for the goals you have in mind for yourself
@@kailakaila Thanks for the advice. I enjoy your videos and they've helped me a lot.
Hi I am from India, with less than 2 years of work exp and a cfa level 2 candidate. Does ms in finance seem worth in the US as I aspire to work in the states.
If you received your MSF in the states, it would definitely open opportunities for you in the states to be recruited for a position here.
Hello Kaila, this was a very good video, as I come from a Stem background of Electrical Enginnering and am looking to do a masters in Finance and Banking at my local Univsersity.
Do you think it will be difficult for a stem student to adapt to finance? How difficult would you say the masters in Finance is?
Most stem students are able to handle the technical aspect of finance, its more so I have seen that they do not enjoy dealing with people, soft skills kind of stuff that some of them lack. Difficulty depends on the program as they are all a little different, but if you have a BS in electrical engineering I'm sure you have the drive to be able to handle a masters in finance.
Hey Kaila! This was really informative. I already have a masters in India but while doing it I realized the coursework is more theoretical than practical which is in fact the the need of the hour in the industry and after talking to some of my professors ( they did recommend me to go ahead with considering the difference in methodologies) I'm planning to do a MSF in US in Fall 2020. Would you recommend a MSF from Arizona State University (ASU) for an International Student considering the tution fee without any scholarship? Would it worth it now that it is indeed a STEM designated program?
I personally don’t know much about ASU, I would see if you could get in contact with alumni from the MSF program from ASU and get their opinions of their time in the program and see where they are now in their careers. I’d tell you to see if any companies recruit at ASU, because Arizona itself won’t have many jobs that are MSF related, maybe some in Phoenix and Scottsdale. If I had to guess, I’m sure companies based in California and Texas recruit at ASU.
@@kailakaila Appreciate it, thank you. I'm inclined towards UTD as well.
I have a BS in finance , i have not worked in finance fields. I started Msc in finance and I’m thinking of changing it to accounting .but I’m confuse of taking the decision .is it worth it all !!!
Where do you hope to be? What path do you want to go down? Depending on your state, you might need masters level accounting credits to sit for CPA exam, if you are interested in becoming a CPA then switch to masters in accounting.
What I have a BS in PR? I’m thinking of getting a Masters in Finance.... would
You say that is a good route? Or would I have had to get my Bachelors in something else?
PR standing for Puerto Rico? I’m not too sure about universities in PR, but if you are meaning PR as in public relations, than you will probably have a hard time jumping into a masters in finance program. Not sure if you would have the pre req classes either to be accepted into certain masters in finance programs.
Kaila No, my bad. PR as in a BS in Public Relations. Also, though out undergrad I attained a lot of experience in, more directly, general communications and marketing.
Thank u so much kaila. Do you know how to find and win scholarships? (Especially full scholarships 😅)
Lots of googling! Have to find the ones that best match you and your candidate profile. As far as winning goes, sometimes it’s based on using a skill - like essay writing, and sometimes they are more based on the need of the person and conveying the need appropriately and convincingly.
@@kailakaila tnxxx
thank you u said what i wanted to hear. I have a bachelors degree in finance, i finished 2 days ago and i know that its gon take some time to find a good job😰 some of my friends are going for the masters degree but i really dont see the point, i want to learn by working directly in the industry.
♥️
They might get a small bump in pay from having the masters, but they are so expensive and a lot of the same information you learned in the bacholers program. I definitely find people learn more from actually being at a job and getting real experience. Did you do any internships while in undergrad?
Kaila unfortunately noo :(
You can still try to get an internship even tho you just graduated. Probably won’t find one in high finance, but possible in other areas
Is recommendable MS in finance in FIU (florida)?
Looked into it, looks like a good program. Really depends on your goals and your current student/employee profile. Does it make sense for you to pursue the program?
Will a msf help getting a job into asset management or a hedge fund?
With the right networking it’s possible
Can I study masters in finance after completing high school??? Or I need to study something before doing masters in finance after high school??
Not unless you graduate high school with a bachelors degree worth of college credits. You’ll have to get a bachelors degree first.
@@kailakaila thanks.
After doing MBA finance from India with no experience can I go for msc finance from USA from university of new haven
It might be a way to open new opportunities here for you in the states. Check that university’s preference on potential students having experience before entering the program.
I was accepted to a M$F program in 2019 but denied financial aid over my 1995 grades. Thanks for nothing!
Damn.
Can i apply for the ms in finance after engineering?
Yes, you can!
Thank you. Kaila can you please tell me which one will be better ms in cs or finance?
@@khadim4742 Depends on what you want to do. Do you want to work in finance or do you want to work in software (or other areas of computer science)?
👍👍👍👏
I got my bachelors in banking and finance and I really struggled with it now am pursuing masters in and i had no experience nor scholarship and am considering if I should get a finance masters ( which am really afraid ) or if i get it in management fields with less mathematics. So any advice please?
Are you currently employed? If you really don't enjoy math, and specifically struggled with financial math, then I would tell you not to pursue a masters in finance unless it is something you are willing to work hard for.
@@kailakaila no am not employed and it’s been a year so am trying to pursue a masters am hard worker that’s why i passed but i was so bored all the time wondering if that degree was really for me?? I don’t have any other good option for now and I don’t want another bachelors of 4 years
@@saara1296 The good thing about the MS finance is that it makes it possible to give yourself another chance of being recruited by companies. Obviously its a lot of work and you need to be dedicated to performing in your classes and networking, etc. If you don't feel like you can make that happen, then I would tell you to look for something else.
Go bulls!
🐂🤘🏻
Randomly came across your channel as I looked for CFA info. I was tickled to find out you are a USF alumni as well.
Hello and thank you for the video.
How was the m.s in finance at usf. Did it open any local opportunitys.
Do they have good local connections?
Thank you in advance.
For my friends who took ms finance at USF, it didn’t open many doors that the bachelors wouldn’t have.... one friend works in Kansas City now, another moved back to Dubai, some work at Raymond James, etc. Your best bet in the Tampa Bay region is Raymond James.
@@kailakaila thank you.
That was actually my target.
The st .Pete location.It dosent seem like the degree is as useful in Tampa. area.
Is online ms in finance worth it ? I have 4 years of work experience in custodian bank in India n hv mba( finance) degree from india
If you are looking to come to the US, I would say to try and get into an in person program.
@@kailakaila i am in usa but the thing is in person MS in fin it very very costly its around 50k but online programe in within 15k. i am thinking to do that from northern state of university
Can we do msf after hotel management
Likely the answer is yes; just have to make sure you can handle the math.
You are so freaking pretty and cute I can’t take it!
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@@kailakaila 🔥🔥😉😉🤤🤤
i need to communicate with You urgent !
Hey kalia, I am a CFA level 3 candidate with 2 years of experience in Asset management and i have got into university of tampa for MS Finance program, Would you recommend me to go for this course? Also, can we please connect on LinkedIn?
Hi Sahil, What are you hoping to do after a MSF program or hoping you gain from attending one? Did University of Tampa offer you financial aid/scholarship? UT would not be my personal first choice for a MSF, its overall a good school but there are better MSF programs out there. Have you gotten any other acceptances? Congrats on reaching CFA level 3. You can send me a connection request on Linkedin.
@@kailakaila hi, which universities would you suggest
@@priyak2857 A top 10 university or a university that will give you a full ride scholarship