MSF Programs: IU Kelley vs. USC Marshall
I’ve been accepted into the MS in finance programs at both IU Kelley and USC Marshall, and I’m seeking advice on which one might be a better fit for my career goals.
Background:
- I have an engineering degree from India.
- Completed two finance-related internships: one in credit risk and another in commodity futures trading.
- 1.5 years of full-time experience in my family’s business (not finance-related).
- I passed CFA Level 2 and plan to take Level 3 this August.
Career Goals:
I aim to secure a role in equity or fixed-income research in the U.S., with a long-term focus on transitioning into asset management. I prioritize career outcomes and suitable roles over specific locations (East Coast, West Coast, Chicago, etc.).
Given my background and objectives, which program do you think would better equip me to break into the research and asset management sectors in the U.S.?
I would greatly appreciate your thoughts on:
- The strength of the alumni network in research and asset management, as well as the overall reputation of the schools.
- Relevant job placement data for graduates.
- Any personal experiences you may have had.
Thanks in advance for your insights!
One response
Congratulations on your admits to both IU Kelley and USC Marshall! Both programs have their strengths, and your background seems well-suited for a career in finance.
Here are some insights to help you decide:
IU Kelley
Alumni Network: Kelley has a strong and supportive alumni network, especially in the Midwest. The finance program has good connections with firms in Chicago, which is a major hub for asset management. Many alumni work at top firms in equity and fixed income research, which could be advantageous for networking and job placement.
Career Services: Kelley is known for its robust career services, with dedicated resources for finance students. They have relationships with many financial firms and facilitate on-campus recruiting, which could assist you in landing internships and full-time positions.
Placement Outcomes: Kelley has solid placement rates for finance graduates, and many students secure roles in investment banking, equity research, and asset management. The program’s focus on practical learning through case studies and projects could enhance your employability.
USC Marshall
Alumni Network: USC has a large and diverse alumni network, including a significant presence in California’s finance and tech industries. The school’s reputation in Southern California is strong, and many alumni hold influential positions in financial firms on both coasts.
Career Services: Marshall provides access to a plethora of resources for career advancement, including industry panels, workshops, and access to recruiters from top financial institutions, particularly in Los Angeles and the Bay Area.
Placement Outcomes: Marshall graduates also have strong placement rates, particularly in roles related to equity and hedge funds. Given your aspirations, you might find excellent opportunities via their network, especially if you’re considering a move to the West Coast long-term.
Personal Experience & Recommendations:
Consider Location: While you mentioned that location is not a primary concern, your career outcomes might vary by region. Chicago is synonymous with traditional finance roles, while the West Coast leans more towards innovation and tech-driven finance positions. Consider where you see yourself fitting in best.
Program Fit: Think about the course offerings, faculty, and resources specific to each program. Ensure that the curriculum aligns with your interests in equity and fixed-income research.
Live Experience: If possible, visit both campuses, talk to current students, and attend classes to get a feel for the culture and community. This could provide essential insights that go beyond rankings.
Conclusion
Ultimately, both programs can provide you with the tools necessary to succeed in finance. Your success will depend on how actively you engage with the networks, resources, and opportunities available to you during your studies. Good luck with your decision, and I hope you have a fulfilling experience in your chosen program!