9 answers
Igor
Student
Long Beach, California
2
Questions
Updated
3484 views
Which MS Finance Program should I choose?
Hello!! I will be pursuing a master's in Finance this year. I got accepted to 3 universities, but I don't know which one I should pick.
I'm coming straight out of undergrad with a Bachelor's in liberal arts and haven't been able to secure any finance-related internships. So, I decided to do a master's in finance to pivot in my career. My goals are to be a financial analyst or an Investor relations professional, and I would like to pivot my career in financial planning down the line.
I got accepted into MS QF from Northeastern, MSF from Ohio State, and MFIN from UCI. Which one should I pick based on my career goals?
I live in CA currently and I got a 25k scholarship to attend UCI, 16k for Ohio, and 10k for Northeastern.
9 answers
Chiquria Willis
Loan Processor - Rocket Mortgage
94
Answers
Dearborn Heights, Michigan
Updated
Chiquria’s Answer
Congratulations on your acceptances and scholarships—what an amazing accomplishment! Deciding between top programs like Northeastern's MS Quantitative Finance, Ohio State's MS Finance, and UCI's Master of Finance is a wonderful challenge to have. Let's look at some key points to help you make the best choice:
1. Career Goals & Program Fit
Northeastern (MS Quantitative Finance):
- Focus: This program is perfect if you love numbers and want to dive into analytics, modeling, and financial engineering, such as risk analysis or becoming a quantitative analyst.
- Consider if: You’re eager to develop strong quantitative skills and enjoy tackling advanced math and statistics.
- Potential Concern: It might not be the best fit if you're aiming for broader finance roles or investor relations, especially if you're coming from a liberal arts background.
Ohio State (MS Finance):
- Focus: Offers a balanced finance education, well-known in the Midwest and East Coast, and has strong connections for roles in corporate finance, analyst positions, and investment banking.
- Consider if: You want a recognized finance degree and are open to working in the Midwest or nationally.
- Potential Concern: If you plan to stay in California, the alumni network might be less extensive.
UC Irvine (Master of Finance):
- Focus: Practical and adaptable, with strong connections to West Coast employers in finance, tech, and real estate. Great for leveraging your location and industry ties.
- Consider if: You want to stay and work in California, build a local network, and use your scholarship to reduce debt.
- Bonus: Offers the largest scholarship and minimal relocation hassle, crucial for those switching careers.
2. Scholarships & Costs
All three schools offer significant scholarships, but UCI provides the highest at $25k. Plus, if you're in California, you save on relocation costs. Keeping debt low is a big plus, especially as you start your finance career.
3. Alumni Network & Local Industry Connections
Since you're new to finance, being close to UCI’s network can be a big help for internships, interviews, and job searches, especially in investor relations and financial planning, where local ties are valuable.
4. Program Structure & Support for Career Changers
Reach out to the admissions and career offices at each school:
- Ask about success stories of students without a finance background.
- Check placement rates for roles you’re interested in.
- Find out which schools have strong recruiting for your desired jobs and locations.
Summary Recommendation
Considering your location, scholarship, career goals, and the need for a strong local network as you switch careers, UCI’s Master of Finance program seems like the best and most affordable choice. It’s a great way to enter the finance job market in California without taking on too much debt.
However, if you're drawn to highly quantitative finance roles, like risk or quantitative analysis, or if you’re open to working outside California, Northeastern or Ohio State might be worth a closer look.
1. Career Goals & Program Fit
Northeastern (MS Quantitative Finance):
- Focus: This program is perfect if you love numbers and want to dive into analytics, modeling, and financial engineering, such as risk analysis or becoming a quantitative analyst.
- Consider if: You’re eager to develop strong quantitative skills and enjoy tackling advanced math and statistics.
- Potential Concern: It might not be the best fit if you're aiming for broader finance roles or investor relations, especially if you're coming from a liberal arts background.
Ohio State (MS Finance):
- Focus: Offers a balanced finance education, well-known in the Midwest and East Coast, and has strong connections for roles in corporate finance, analyst positions, and investment banking.
- Consider if: You want a recognized finance degree and are open to working in the Midwest or nationally.
- Potential Concern: If you plan to stay in California, the alumni network might be less extensive.
UC Irvine (Master of Finance):
- Focus: Practical and adaptable, with strong connections to West Coast employers in finance, tech, and real estate. Great for leveraging your location and industry ties.
- Consider if: You want to stay and work in California, build a local network, and use your scholarship to reduce debt.
- Bonus: Offers the largest scholarship and minimal relocation hassle, crucial for those switching careers.
2. Scholarships & Costs
All three schools offer significant scholarships, but UCI provides the highest at $25k. Plus, if you're in California, you save on relocation costs. Keeping debt low is a big plus, especially as you start your finance career.
3. Alumni Network & Local Industry Connections
Since you're new to finance, being close to UCI’s network can be a big help for internships, interviews, and job searches, especially in investor relations and financial planning, where local ties are valuable.
4. Program Structure & Support for Career Changers
Reach out to the admissions and career offices at each school:
- Ask about success stories of students without a finance background.
- Check placement rates for roles you’re interested in.
- Find out which schools have strong recruiting for your desired jobs and locations.
Summary Recommendation
Considering your location, scholarship, career goals, and the need for a strong local network as you switch careers, UCI’s Master of Finance program seems like the best and most affordable choice. It’s a great way to enter the finance job market in California without taking on too much debt.
However, if you're drawn to highly quantitative finance roles, like risk or quantitative analysis, or if you’re open to working outside California, Northeastern or Ohio State might be worth a closer look.
Annamalai Perianan
Consultant
13
Answers
Hoffman Estates, Illinois
Updated
Annamalai’s Answer
Hi,
Congratulations on your acceptance !
When it comes to choosing between schools, if the rankings of the finance programs are relatively similar, I’d recommend going with the more affordable option. At the end of the day, your success will depend more on what you put into the experience — such as getting involved in clubs, networking, and building connections — than on the school’s name alone.
If you can do that without taking on unnecessary financial burden, even better. Regardless of which path you choose, you’re in a strong position for a future role in financial planning thanks to your developing background. I’d also encourage you to use online resources to continue building knowledge during any downtime.
Lastly, try to explore internship opportunities during the summer while you're in school, they can make a big difference in securing a full-time role after graduation.
Wishing you the best of luck in this next chapter!
Best regards,
Anom
Congratulations on your acceptance !
When it comes to choosing between schools, if the rankings of the finance programs are relatively similar, I’d recommend going with the more affordable option. At the end of the day, your success will depend more on what you put into the experience — such as getting involved in clubs, networking, and building connections — than on the school’s name alone.
If you can do that without taking on unnecessary financial burden, even better. Regardless of which path you choose, you’re in a strong position for a future role in financial planning thanks to your developing background. I’d also encourage you to use online resources to continue building knowledge during any downtime.
Lastly, try to explore internship opportunities during the summer while you're in school, they can make a big difference in securing a full-time role after graduation.
Wishing you the best of luck in this next chapter!
Best regards,
Anom
Christopher Williams, CEBS, PMP
Senior Engagement Manager
69
Answers
Woodstock, Georgia
Updated
Christopher’s Answer
Igor,
My son is studying finance at the University of Tennessee, and they have a great program. From the schools you mentioned, UCI seems like a good choice since it's in-state and offers a high scholarship. Here are some things to think about:
Courses and Focus:
Make sure the program has classes that match what you want to do, like corporate finance or investment management.
Teachers:
Look for teachers with real-world experience who can be great mentors.
Connections:
Check out the school's networking events and alumni connections to see how they help with job placements.
Reputation:
Research how the school ranks and how successful its graduates are in finding jobs.
Location:
Think about whether the school's location helps with your career goals and if they offer online or in-person classes.
Cost:
Look at tuition, fees, and financial aid options to make sure you can afford it.
Accreditation:
Choose a program that's accredited to ensure quality and credit transfer.
Career Help:
See what career services the school offers, like resume workshops and job boards.
Tech and Resources:
Consider the technology and research resources available to help you learn.
School Environment:
Think about the school's culture and if it fits your learning style and personality.
My son is studying finance at the University of Tennessee, and they have a great program. From the schools you mentioned, UCI seems like a good choice since it's in-state and offers a high scholarship. Here are some things to think about:
Courses and Focus:
Make sure the program has classes that match what you want to do, like corporate finance or investment management.
Teachers:
Look for teachers with real-world experience who can be great mentors.
Connections:
Check out the school's networking events and alumni connections to see how they help with job placements.
Reputation:
Research how the school ranks and how successful its graduates are in finding jobs.
Location:
Think about whether the school's location helps with your career goals and if they offer online or in-person classes.
Cost:
Look at tuition, fees, and financial aid options to make sure you can afford it.
Accreditation:
Choose a program that's accredited to ensure quality and credit transfer.
Career Help:
See what career services the school offers, like resume workshops and job boards.
Tech and Resources:
Consider the technology and research resources available to help you learn.
School Environment:
Think about the school's culture and if it fits your learning style and personality.
David Cox
Internal Audit
6
Answers
Sunnyvale, California
Updated
David’s Answer
Hi Igor,
First, a big congratulations on your acceptances! That's an amazing achievement!
Choosing the right MS Finance program is an important decision, but remember, it's all about finding the best fit for you.
For some, an Ivy League or a highly ranked program might be ideal. For others, a school with smaller classes, supportive teachers, or strong local ties might be better. So think about these questions:
Where do you feel most comfortable and supported?
Have you talked to students or teachers at each school?
Which program suits your learning style and future goals best?
Since you're moving into finance from a liberal arts background, building relationships and having support will be crucial. Try to connect with faculty and current students to learn about the culture and mentorship opportunities each school offers.
Also, joining professional groups like the CFA Institute, FEI, or NIRI can help you expand your network and learn more about the field, no matter which school you attend.
Here are some thoughts on your options:
UCI: Being in California already and receiving a $25K scholarship is great. UCI's strong connections to the West Coast finance and tech scene can be beneficial for roles in investor relations or financial planning.
Ohio State: This program is well-respected with a strong alumni network in the Midwest and East Coast. The $16K scholarship is a nice bonus, and the program is known for its rigor.
Northeastern (MSQF): This program is more focused on quantitative skills, which could be perfect if you're interested in technical roles. If you're leaning towards financial analyst or investor relations roles, ensure the curriculum supports those interests.
Good luck with your decision!
First, a big congratulations on your acceptances! That's an amazing achievement!
Choosing the right MS Finance program is an important decision, but remember, it's all about finding the best fit for you.
For some, an Ivy League or a highly ranked program might be ideal. For others, a school with smaller classes, supportive teachers, or strong local ties might be better. So think about these questions:
Where do you feel most comfortable and supported?
Have you talked to students or teachers at each school?
Which program suits your learning style and future goals best?
Since you're moving into finance from a liberal arts background, building relationships and having support will be crucial. Try to connect with faculty and current students to learn about the culture and mentorship opportunities each school offers.
Also, joining professional groups like the CFA Institute, FEI, or NIRI can help you expand your network and learn more about the field, no matter which school you attend.
Here are some thoughts on your options:
UCI: Being in California already and receiving a $25K scholarship is great. UCI's strong connections to the West Coast finance and tech scene can be beneficial for roles in investor relations or financial planning.
Ohio State: This program is well-respected with a strong alumni network in the Midwest and East Coast. The $16K scholarship is a nice bonus, and the program is known for its rigor.
Northeastern (MSQF): This program is more focused on quantitative skills, which could be perfect if you're interested in technical roles. If you're leaning towards financial analyst or investor relations roles, ensure the curriculum supports those interests.
Good luck with your decision!
Charlotte Geiger
Public Health Science Student at the University of Maryland
150
Answers
Sykesville, Maryland
Updated
Charlotte’s Answer
Hi,
Congratulations on being accepted to all three programs! Since you’re looking to pivot from a liberal arts background to a career in finance, it’s important to choose a program that not only provides strong technical skills but also opens up networking opportunities and job prospects. Given your career goals of becoming a financial analyst or working in investor relations, and possibly transitioning into financial planning down the line, it’s crucial to consider location, program focus, and cost.
Since you’re already in California and received a $25,000 scholarship, UCI’s MFIN program is an appealing option. Staying local means you’ll benefit from proximity to financial hubs like LA and Silicon Valley, which can be especially advantageous when looking for internships or jobs. The program itself is well-rounded and covers areas like corporate finance and investment analysis, which aligns well with both your short-term and long-term career goals.
On the other hand, Ohio State’s MSF program also has a solid reputation and offers a broad finance curriculum, but its location in Columbus may not provide as many direct opportunities in finance compared to UCI. While OSU’s alumni network is strong, especially in the Midwest, it may not be as beneficial if you plan to stay in California after graduation.
Northeastern’s MS in Quantitative Finance program is more technical and could be a great choice if you’re looking to specialize in financial modeling or quantitative roles. Plus, being in Boston, a major financial center, would give you access to more finance-related internships. However, given your goal to eventually work in financial planning and investor relations, the technical focus might not be as aligned as UCI’s program.
Overall, UCI seems like the most balanced choice considering your career goals, local connections, and the significant scholarship. Plus, staying in California will make it easier to leverage your existing network and find opportunities in the financial planning sector when you’re ready.
Congratulations on being accepted to all three programs! Since you’re looking to pivot from a liberal arts background to a career in finance, it’s important to choose a program that not only provides strong technical skills but also opens up networking opportunities and job prospects. Given your career goals of becoming a financial analyst or working in investor relations, and possibly transitioning into financial planning down the line, it’s crucial to consider location, program focus, and cost.
Since you’re already in California and received a $25,000 scholarship, UCI’s MFIN program is an appealing option. Staying local means you’ll benefit from proximity to financial hubs like LA and Silicon Valley, which can be especially advantageous when looking for internships or jobs. The program itself is well-rounded and covers areas like corporate finance and investment analysis, which aligns well with both your short-term and long-term career goals.
On the other hand, Ohio State’s MSF program also has a solid reputation and offers a broad finance curriculum, but its location in Columbus may not provide as many direct opportunities in finance compared to UCI. While OSU’s alumni network is strong, especially in the Midwest, it may not be as beneficial if you plan to stay in California after graduation.
Northeastern’s MS in Quantitative Finance program is more technical and could be a great choice if you’re looking to specialize in financial modeling or quantitative roles. Plus, being in Boston, a major financial center, would give you access to more finance-related internships. However, given your goal to eventually work in financial planning and investor relations, the technical focus might not be as aligned as UCI’s program.
Overall, UCI seems like the most balanced choice considering your career goals, local connections, and the significant scholarship. Plus, staying in California will make it easier to leverage your existing network and find opportunities in the financial planning sector when you’re ready.
Helen Li, CFA
3
Answers
New York, New York
Updated
Helen’s Answer
Location matters most if you'd like to do finance and there's no other place that tops New York. So try to get in a program in NYC or as closest as possbile, so you can travel to NYC on a frequent basis during your school year for networking
Anna Grace Schroeder
Marketing
4
Answers
St. Louis, MO
Updated
Anna Grace’s Answer
I would definitely suggest basing a part of your decision on where you'd want to end up longer term. This enables you to get internships and start building your network in the city while in school.
kim Gallahar
tutor
2
Answers
Houston, Texas
Updated
kim’s Answer
I would say go were your scholarship will pay for and then if you don't like the school start applying for more scholarships for different college
Molly Little
Consultant
3
Answers
New York, New York
Updated
Molly’s Answer
Agree with the above! Go to the school where you will leave with the least possible debt and has good post-program job placements. All opportunities look great!
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