Which MSF programs to apply to?

Hi,

I'm from Turkey. I studied Mechanical Engineering with a GPA of 2.7. I currently have 2 years of Corporate Banking experience. GMAT 720, TOEFL 112.

I'm looking for above average schools in Europe and US. Which of these schools should I apply to? (In which do I have a chance?

Duke, Claremont Mckenna, Vanderbilt, Villanova, Boston College, St. Austin
Stockholm School of Economics, Rotterdam, Warwick, Imperial, Cass, Bath

Comments (19)

Jan 26, 2014 - 3:43pm
IlliniProgrammer, what's your opinion? Comment below:

Hmmm. Are you currently working? What kind of job are you trying to land? Which country are you in and which country do you want to work in?

@"TNA" is really the guy forMSFadvice, but with your experience, anMSFmay not be necessary, and you may also be qualified for an MFE orMBA. If you're in the US and want to stay but work for aninvestment bank, you may not even need grad school.

Jan 26, 2014 - 3:50pm
Blank999, what's your opinion? Comment below:

Yeah, what I said. I'd recommend and MFE since you have the background, but I'd want to know why you struggled in an engineering degree. I think engineering is an amazing major, but some people just aren't suited out for it. Square peg in a round hole, etc.

GPAis on the low side, but your work experience andGMATmake up for it. Give a little more detail and I can give you some advice.

  • 1
Jan 27, 2014 - 11:23am
9090bb, what's your opinion? Comment below:

Hi TNA, thanks for your kind reply. Firstly, I had to work during my education. That's the reason for my lowGPA. However, I managed to finish school in 4 years, which is rare in Mechanical Engineering.

After being in the financial sector for 2 years, I'd like to do anMSFto broaden my view and knowledge. I'm looking for prestigious programs in US and UK. AfterMSF在那个国家,我想工作。(我温t to school in) In the US, LA, Chicago orNYdoesn't matter. I want a high quality education, as well as good career opportunities. I don't want to apply to schools in which I don't stand a chance. Which schools would you recommend I apply to?

Any help is appreciated!!!

Best Response
2014年1月27日- 12:06pm
IlliniProgrammer, what's your opinion? Comment below:

9090bb:

Hi TNA, thanks for your kind reply. Firstly, I had to work during my education. That's the reason for my lowGPA. However, I managed to finish school in 4 years, which is rare in Mechanical Engineering.

After being in the financial sector for 2 years, I'd like to do anMSFto broaden my view and knowledge. I'm looking for prestigious programs in US and UK. AfterMSF在那个国家,我想工作。(我温t to school in) In the US, LA, Chicago orNYdoesn't matter. I want a high quality education, as well as good career opportunities. I don't want to apply to schools in which I don't stand a chance. Which schools would you recommend I apply to?

Any help is appreciated!!!


There is nothing wrong with any of the schools you've mentioned, but the MFE programs are offered by schools with better brand names.

You may have a shot at NYU's Financial Mathematics program or at UChicago or Cornell. (UChicago does not have the best placement rates, however.)LSE, Oxford, and Cambridge also have programs that you may be able to get into. The one year programs don't have the best placement rates, though.

How do you feel about having NYU, Cornell, or Oxford on your resume? And how much do you enjoy math? These are going to be math/stats heavy degrees that prepare you to be a quant, but they also prepare you to work in structured products, portfolio strategy, and decision science. I think decision science is going to start augmentingIBDin the next ten years and there might be some opportunities there for a smart ORFE guy.

Jan 27, 2014 - 12:17pm
Blank999, what's your opinion? Comment below:

IlliniProgrammer:

9090bb:

Hi TNA, thanks for your kind reply. Firstly, I had to work during my education. That's the reason for my lowGPA. However, I managed to finish school in 4 years, which is rare in Mechanical Engineering.

After being in the financial sector for 2 years, I'd like to do anMSFto broaden my view and knowledge. I'm looking for prestigious programs in US and UK. AfterMSF在那个国家,我想工作。(我温t to school in) In the US, LA, Chicago orNYdoesn't matter. I want a high quality education, as well as good career opportunities. I don't want to apply to schools in which I don't stand a chance. Which schools would you recommend I apply to?

Any help is appreciated!!!

There is nothing wrong with any of the schools you've mentioned, but the MFE programs are offered by schools with better brand names.

You may have a shot at NYU's Financial Mathematics program or at UChicago or Cornell. (UChicago does not have the best placement rates, however.)LSE, Oxford, and Cambridge also have programs that you may be able to get into. The one year programs don't have the best placement rates, though.

How do you feel about having NYU, Cornell, or Oxford on your resume? And how much do you enjoy math? These are going to be math/stats heavy degrees that prepare you to be a quant, but they also prepare you to work in structured products, portfolio strategy, and decision science. I think decision science is going to start augmentingIBDin the next ten years and there might be some opportunities there for a smart ORFE guy.

I get the desire to push MFE programs, but do you honestly think they are going to be possible (at these schools) with a 2.7GPAin Mechanical Engineering? Especially with the other type of candidates that apply to these programs?

His work experience is also in line with more traditional finance. I just don't see how an MFE at a top school is particularly relevant in this instance.

  • 2
Jan 27, 2014 - 12:22pm
Blank999, what's your opinion? Comment below:

9090bb:

Hi TNA, thanks for your kind reply. Firstly, I had to work during my education. That's the reason for my lowGPA. However, I managed to finish school in 4 years, which is rare in Mechanical Engineering.

After being in the financial sector for 2 years, I'd like to do anMSFto broaden my view and knowledge. I'm looking for prestigious programs in US and UK. AfterMSF在那个国家,我想工作。(我温t to school in) In the US, LA, Chicago orNYdoesn't matter. I want a high quality education, as well as good career opportunities. I don't want to apply to schools in which I don't stand a chance. Which schools would you recommend I apply to?

Any help is appreciated!!!

What line of work are you looking to get into post graduation and to throw a bone to IP's suggestion, are you interested in financial engineering vs. more traditional finance type jobs?

  • 2
Jan 29, 2014 - 2:06pm
9090bb, what's your opinion? Comment below:

Well, do you guys have any recommendations? Which schools should I apply to? Which schools would be suitable for my profile? Thanks!

Jan 29, 2014 - 5:38pm
Blank999, what's your opinion? Comment below:

Duke, Claremont Mckenna, Vanderbilt, Villanova, Boston College, St. Austin
Stockholm School of Economics, Rotterdam, Warwick, Imperial, Cass, Bath

OK, you have a weak GPA, but hard major. Good essays will help mitigate the GPA. GMAT is great so that helps and makes you stand out. Work experience is also very good.

Duke - 50/50 - Duke's admissions process is all over the place, IMO. I should get them on the phone and get some type of guide post. I had a friend get in with a horrible great GPA, but below 500 GMAT. I've seen otherwise really strong applicants get wait listed/denied. I would say your work experience might hurt you in this instance as I believe they prefer more junior applicants

Claremont - I am going to say no, but they have been aggressive this year. Your work experience and GMAT give you a good shot. In the past I would say no, but this year is different.

Villanova - GMAT+Work Experience >GPA. Admit

Vanderbilt - probably a no. TheGPAis really low and they don't seem to be as forgiving.

Boston College - I think you'd get in there.

UT Austin - I am going to say admit, but the adcom is different this year and the program is gaining in popularity. Past year(s) I would say 70/30 admit. This year, 50/50 - ,maybe 60/40.

UK programs, tough to call. I am not as close to them as US programs. Add Bocconi to that list. Probably get into half the schools on that list if you apply to all.

Is this what you are looking for our would you like me to elaborate on other options? Happy to help.

  • 3
Jan 30, 2014 - 3:58pm
9090bb, what's your opinion? Comment below:

Thanks a lot TNA. I really appreciate it! Other than these programs, would you recommend any other programs? Thanks a lot.

Jan 31, 2014 - 12:18pm
9090bb, what's your opinion? Comment below:

@TNA Hey TNA, any advice will be appreciated!

@IlliniProgrammer Yes, MFE is definitely on my list now. However, I need a GRE for MFE, right? What score in GRE is equal to a 720 onGMAT? Thanks.

Jan 31, 2014 - 12:53pm
IlliniProgrammer, what's your opinion? Comment below:

9090bb:

@TNAHey TNA, any advice will be appreciated!

@IlliniProgrammerYes, MFE is definitely on my list now. However, I need a GRE for MFE, right? What score in GRE is equal to a 720 onGMAT? Thanks.


ETS claims an equivalent score on the GRE is a 164/165. They have a comparison tool here:

https://www.ets.org/gre/institutions/about/mba/comparison_tool

Feb 1, 2014 - 5:48am
9090bb, what's your opinion? Comment below:

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