I. Introduction to MSF in the financial field
The Master of Science and Finance (MSF) is mainly established to train financial professionals. Teaching direction includes financial analysis, investment management and corporate finance. Courses include finance, economics and financial risk management. Anyone with a background in business or mathematics can apply, and it is also feasible to apply for a major. Students with high math and computer skills will have an advantage in the application. Among the top 100 universities in the United States, 53 universities offer master's degrees in finance. For example, the University of Southern California, the University of Notre Dame, the University of Pittsburgh, and the University of Miami have all set up master's programs in finance in recent years. Among the top 30 schools, there are only six universities including Princeton University, Massachusetts Institute of Technology, St. Louis University, Johns Hopkins University, Vanderbilt University and Notre Dame University. Among them, Notre Dame University basically does not recruit fresh graduates, preferring students with more than two years of work experience.
From the admission experience of Princeton and MIT in recent years, it is relatively difficult for students from other schools to apply for admission, unless they are overseas undergraduate students or students who have resumed diplomatic relations with North China. The majors of finance and financial analysis are mainly concentrated in the top 30-60 schools, such as Boston College, University of Rochester, case western reserve university, Urbana-Champaign, Pennsylvania State Park, University of Maryland and Ohio State University.
Second, the employment prospects of MSF
MSF graduates can play a role in many financial-related fields. In recent years, the popularity of the financial industry and the average salary of employees are very high, which is a dream job for many people. Of course, in recent years, the number of finance graduates has soared, and the competition in the job market has become increasingly fierce. Overtime, business trip and stress are also the key words that financial people often talk about. Therefore, students should be prepared for high investment while choosing high return. The financial departments of banks, venture capital, securities, private placement and enterprises all need financial talents.
Third, the application conditions
1, TOEFL/IELTS
Suggested TOEFL score 100, IELTS score 7.0. There are always high-scoring players among business school applicants, with scores of TOEFL 100 and IELTS 7.0 everywhere. Lowering scores in language tests is a big taboo for business schools. Maybe you see in the admission requirements of the school that they only require TOEFL score of 80, even 77, 79, but! Don't take chances. According to many years of application experience, it is impossible for the top 50 B schools and TOEFL to have no 100. Most of the top 100 schools have TOEFL scores above 96.
2. GMAT/ Greece
If you apply for a master's degree in finance, it is best to prepare GMAT and GRE, but some schools do not accept it. If you apply for a master's degree in financial engineering, you'd better prepare for GRE, which is accepted by some GMAT schools, but it will greatly narrow your choice of schools. From the score point of view, it is suggested that students get a GMAT score of 680 before applying for a master's degree in finance in 100 school; For the top 50 schools applying for financial engineering, students are advised to score 320 GRE. In addition, this major requires extremely high mathematical ability, so the mathematics part should be close to full marks to increase the chances of being admitted to a good university.
3. Transcript, diploma/degree certificate
If you are a senior, you only need to prepare the transcripts of freshmen to juniors, and then prepare a proof of studying. For applicants who have graduated, in addition to their four-year academic transcripts, they should also prepare graduation certificates and degree certificates. Note: transcripts, diplomas/degree certificates need to be original and bilingual.
4. Resume
Some people call it resume, while others call it CV, which means the same thing. It mainly includes personal information, education background, award-winning experience, internship/work experience, paper publishing, professional skills, personal hobbies, etc. Resume can be a good document to show your overall impression to the admission Committee. To this end, the resume must be detailed and clear at a glance to avoid repetition.
5. Prose
Essay will be written in the small composition and the application materials of the master of finance. Even some schools have no personal statements, only essay, which shows the importance of Essay. The topic of the thesis is decided by the school itself, and they only examine what they care about, such as leadership, problem-solving ability, teamwork ability and so on, so the thesis is the most direct channel to identify whether the applicant is interested in his school. Whether you are an applicant with a plain background or an applicant with rich internship experience, the writing of the thesis must be combined with your own learning activities and work experience, with clear main lines and proper logic, reflecting your own characteristics.
6. Letter of recommendation
There are three letters of recommendation. If you are a freshman, one of them must be your academic professor. The first principle of recommending candidates is that there is a direct relationship between the applicant and the recommender, which can be a teacher-student relationship or a superior-subordinate relationship, but it must not be a relationship between relatives and friends. At present, 99% schools suggest submitting letters of recommendation online. Therefore, it is necessary to ensure the accuracy of the recommender's mailbox and avoid receiving emails by mistake.