Hi,
GMAT prep can be challenging, and consistent effort is necessary to ace the exam. However, studying for the exam is not a substitute for gaining practical experience. Most competitive MFin programs require 2-3 solid internships or full-time work experience to demonstrate your interest in the field. The Forage opportunity you are mentioning is more of a job simulation, which won't equip you with as much in-depth experience as a full-time finance role would. I would recommend focusing on your GMAT and gaining full-time experience in Finance for now, and then decide if you would like to pursue CFA as there is a significant overlap between MFin and CFA curriculum.
sych
Thanks for replying,
So as I am not really up-to-date with the GMAT exam and the preparation is a bit challenging for me ( because of my hospitality background ) I am dedicating most of my time for GMAT prep and thus do not plan to work/intern simultaneously in order to excel in my GMAT. Because of that reason, I have also chosen to appear for CFA Lv1 next year. I do plan to do Forage online internship but mainly focusing on building finance basic knowledge and gain hard skills. Do you think that would help? Some advice on this would be really helpful.
Thank you.
TrishaSahni
Hi,
To make a competitive application for a globally recognized MFin program, you need to demonstrate interest in the field through internships/ full-time jobs. Along with that, you would require a solid GPA and GMAT/GRE score. It is good to mention additional courses on the resume, however a full-time job in Finance is the component which will add the most value to your profile so please try to secure one ASAP. There is a significant overlap between the CFA Level 1 curriculum and the core coursework of a typical Master’s in Finance (MFin) program, especially in foundational finance concepts. However, that being said, CFA focuses on self-study while an MFin degree is a broader academic and professional degree which provides you with great networking opportunities alongside.