Seeking General Advice
Hello Everyone,
I’m a CFA Level 2 candidate aiming for May 2025 and currently manage a call center at a major brokerage firm. It’s been almost five years since I graduated with a finance degree from a mid-tier state university, and I’m struggling to secure a new role. I’m eager to transition into corporate finance and enhance my resume with a degree from a more prestigious institution.
With that in mind, I’m considering enrolling in the MSF program at Boston College, which would cost me around $45,000. I would love to hear your thoughts on this idea—is it a smart move or a big mistake? Additionally, have any of you found significant advantages from having an MSF on your resume?
One response
Hi there!
It sounds like you’re at a pivotal point in your career, and it’s great that you’re seeking advice. Here are a few thoughts on your situation:
Value of an MSF: An MSF can certainly enhance your skills and knowledge in corporate finance. Plus, having a degree from a reputable institution like Boston College can help you stand out in the job market, especially if you’re looking to pivot into a more competitive field. Many employers value advanced degrees, especially when they come from strong programs.
Cost vs. Benefit: The $45k investment is significant, so consider what you hope to achieve. Will the MSF program provide you with direct connections to job opportunities? Are there internships or experiential learning components? Make sure to research the program’s placement rates and alumni network as those can be critical in landing a role post-graduation.
Networking Opportunities: Attending an MSF program can open up a valuable network of peers and professionals in finance. Utilize this network to create connections that could lead to job opportunities. Engage with your professors and attend networking events.
Certification and Experience: Since you’re already a CFA Level 2 candidate, you’re on the right track with your further education in finance. Combining the CFA with an MSF can make you a strong candidate. However, you might also want to consider applying for roles in corporate finance concurrently with your studies to gain practical experience, as hands-on knowledge is just as important.
Alternative Pathways: Before committing to the MSF, consider other options like online courses, certifications, or networking to seek opportunities in corporate finance. Sometimes showing initiative and willingness to learn through these avenues can make a strong impression on potential employers.
Market Research: Look at job postings in corporate finance to see what qualifications and skills are frequently listed. This can help you gauge whether the MSF would be beneficial or if there are alternative qualifications that could serve you better.
In summary, an MSF from Boston College could be a valuable investment, but weigh the benefits against the cost and consider how it aligns with your career goals. Good luck, and remember that taking proactive steps, whether through education or networking, can help you carve out your path in corporate finance!