need your advice boyos.

After a lot of searching I decided to do my master of sci in finace at above mentioned university.

Sure I would have liked Columbia or Upenn but this fits my budget.

50k $ and a year long course.

Not getting any younger and its high time i start earning for myself. The jobs right now dont seem well payed and not many opportunities in my desired field ( finance, investment, banking , trading etc?

So I'd like to know if you guys think this move is a good idea, as in getting a decent company to hire me around the area or hopefully NY.

Or you guys think I could go another route.

Not many people I know I can ask these to , so SRS

Cliffs

- do mba and hope to get a great paying job

-don't

50k for a Masters? Bruh, find a job and get an employer to sponsor your education. You'll regret it and contribute to the student loan statistic

Right. But those kind of employers are far and few between . I'm a economics major.

Patagucci's post got me thinking about all this

Idk but working in finance and banking might be tough if you can't spell company.

Also, an MBA is only worth it if you make good connections in the program or have 10+ years of real professional experience. If you don't make connections and don't have experience you'll look like an idiot with skills on paper only.

Let's make money buy going 50k in the red with interest during a time of zero stability in the job market.

Absolutely horrible idea no matter how you look at it.

I carry a dictionary everywhere I go with me.

The connections part always seem to the hardest to me, is that person better than me status wise? If so what can I offer him? To make his time worth it


Why can't it be as easy as the misc's rep system ugh

i went there & it worked out for me. going to be to make connections during COVID times tho

I'm in a 2 year MBA program now, if I was trying to make connections (I'm not, I've got 12 years of professional experience and am senior level so plenty of connections, honestly just going because my gi bill pays me 2,200/month) it's easy. I think you'll need longer than a 1 year program to do it though. Participate in every business, finance and entrepreneur student club you can - actually participate, don't just chill in the corner. Trying a startup with a group would probably be my goal. You'll fail but you will make 5-10 friends who are all capable and highly motivated who will likely be a good source for opportunities in the future. And maybe you will succeed and get bought out for a few million.

Oh really! What class ?

How are you going to connect when everyone is being told to distance themselves?

Take exams and courses that'll improve your value. Learn SQL, maybe take a CFA exam to show that you have some level of dedication. Start as a business analyst, maybe go into data analysis. A masters is a terrible idea, especially given everything is online now so you don't even have the opportunity to network. Economics isn't a bad major, it's better than others

Damn 12 years, and I haven't done **** at 25 years old.

That's some good advice mane. Will give it my all

Honestly, if you are interested in IB and finance, your best bet is to go to a 2 year MBA program on campus. Being a top 15-25 school is a must.

Companies will come to you on campus and interview you there.

Yes these MBA programs are expensive, but if you get into a top 20ish school, and aren't socially awkward, you will be able to land an IB associate job and start earning 250-300k your first year to help pay that off. Decent debt to return ratio.

Masters of finance programs are not traditional routes into IB or front office "wall street" jobs. Perhaps some go into trading, but that's a shaky proposition and will likely require you to have stellar programming skills already (I know Princeton's Mfin program is very quant focused and has decent exits....but VERY hard to get into and more for quant types).

A one year program will not be helpful because the value of a 2 year MBA is the summer internship in the middle of it that allows you to get a full time offer at the end of it and gain experience. A 1 year program does not have that. This part is CRITICAL.


Additionally, a proper grad program, especially for finance or MBA, will show a record of average starting salary, and how many people went into various field, and what firms. From looking at the Northeastern U website, I see no such thing:https://damore-mckim.northeastern.ed...reer-services/

This is a red flag for me.Wheres the evidence that 50k to the school results in a solid starting salaries post graduation. EVERY SINGLE TOP 20 MBA PROGRAM WILL LIST THIS. This program sounds like H1b bait.

Feel free to PM me if you have any questions.

Northeastern? Really?

If you're going to spend money at least go somewhere good like Columbia, NYU, Penn, MIT, Chicago, Stanford, Harvard...

Don't see the point in having a Northeastern degree at all.

for example, heres Duke's MBA program that lists their employment stats

https://www.fuqua.duke.edu/programs/...er-development

scroll down and click
https://www.fuqua.duke.edu/sites/www...time_final.pdf

Yeah luckily I got an entry level IT job to work through college and ended up liking IT. Also, I turn 34 next month and 34- 12 = 22 so you're not far behind where I was.

This is far more detailed than what I said but spot on. A one year program is something I'd only take if I was already in an executive level job and my employer sponsored it. Otherwise it's simply not enough time to make meaningful connections.

found the one for Northeastern...this is for their MBA program (2 year). The masters in finance one does not even exist.

https://damore-mckim.northeastern.ed...StatsSheet.pdf

look how lacking in details this is compared to the Duke one (the duke one doesnt evne list bonuses, so some of the 150k jobs are actually more like 250k jobs). also look how much lower the starting salaries are for NE uni. Those are undergrad type starting salaries, not for a proper grad program.

It also does not mention Investment Banking or trading anywhere. I can guarantee there was not a single person that landed an IB job.

big red flag for me to be honest. I dont want to crush your dreams, but I dont want you racking up 70k in debt (included living expense), to only make 80k after....(and who knows how likely that is with that employment report lacking so many details).

I dont know much about the Banking route, but the way the MBA game is played is by going to a top 20 school

My understanding of north eastern undergrad is that is filled with rich white kids and some minorities in scholarships, not sure about the MBA but never met a top business man from NE MBA