jasmine851 wrote:
TCMFD wrote:
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Hi Guys, This is a Master thread for all profile evaluation requests for MS Finance applications. We do not want random profile evaluation threads everywhere on the forum. This will help people get some consolidated advice from consultants and help others learn as well.
Post your profile here if you want!
Suggested Template
- Background and nationality
- Undergrad Information
- GMAT/GRE
- Work experience and leadership
- Community and others
- Post Master goals
- Anything else?
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I'm going to apply to Msc Finance but I have no idea where to start and where to apply.
Please bear with me, I'm listing everything I've done with the mim-essay evaluation.
Basic profile:
Female, 20, Indian, Muslim
Academics:
Final year BBA student at a top 25 business school in India (Private)
CGPA: 9.43/10 | 4.00
GMAT 730
International Exposure:
Visited foreign countries but for leisure/travel, actually, accompanied my dad on his business meetings but I was having fun.
I know English, Hindi, French, Spanish (medium fluency, not certified, learnt through Duolingo)
Work Experience:
I have done 2 internships, one in Marketing after which I changed my career choice to Finance.
The first internship was in a marketing position at a startup as an early team, which was an endeavor in the startup ecosystem and I learnt about venture capital and equities, which resulted in a deep interest in finance.
The second internship was 2 months long, a finance internship at JP Morgan Chase and Co.
I received an intern of the month cert for the first internship.
Further education
I've done the Banking Virtual internships on InsideSherpa. It was JP Morgan and Future Impact and Citi but that's pretty useless I guess.
I have worked on many projects in financial modeling, stock trading, portfolio creation, etc, through Coursera Specializations, and I've completed the following Specializations on Coursera.
Financial Management - Uo Illinois
Investment Management - Uo Geneva
Investment and portfolio management - Rice Uni
Managerial Economics and Business Analysis - Uo Illinois
Investment Management with Python and ML - EDHEC
FinTech - Uo Michigan
Blockchain Revolution in Financial Services - INSEAD
Analysing - Numeric and Digital Literacies - Macquarie
Courses
Private Equity and Venture Capital - Bocconi
Advanced Valuation and Strategy - Rotterdam
Behavioural Finance - Duke
Financial Markets - Yale
Global Financial Crisis - Yale
Unfortunately there are many more and I feel pathetic lol.
Certified with SAS Programmer, SAS Statistical Business Analyst, working in SAS Advanced Programmer. I know Python, learning SQL, Good with Excel, learning Tableau.
Extracurricular Activities:
This is the worst part. I have never taken part in Sports because my religious parents never allowed me to. Like, zero sports. ZERO. NIL. The only physical thing I've done is Karate where I am a Black Belt.
I'm a part of the Cultural Committee of my Uni and the Finance Club which doesn't do a lot of ****.
For the volunteering part, I was a Fundraising Coordinator at an NGO for animal welfare for 2 months, after which I'm currently the Campaign Manager (one year as of now) and I manage the campaigns and create impact for sure. I was also the best Fundraiser the NGO ever had.
I presented a finance topic research paper in an IEEE conference.
I think that's it?
So I want to do an Msc. Finance, what should be my target schools and what are my chances in good universities. Also, I need a scholarship so will I have any chances in that? Mostly because, religious conservative parents.
I really don't know where to start. I'll furnish additional details if that's required. Thank you. Please consider giving me a few minutes.
Posted from my mobile deviceHey
jasmine851,
You seem ambitious about pursuing a career in finance, which can be seen from your internships, extracurriculars and courses you have taken up during your undergrad. If you properly portray your passion for finance in your application, schools will be interested in this.
Academically, you have a great GPA, which coupled with your research paper in finance showcases your academic prowess. However, while your grades do play an important role, you should highlight your extracurricular activities and other endeavours because AdComs are looking for applicants with holistically developed profiles
As for your GMAT, your overall score of 730 is pretty competitive and stands as a testament to your analytic ability. However, since you have not provided a breakup of the score I would like to remind you that for finance programs your Quant score is one of the referencing points and a Quant score of 49 or above would increase your chances at the top business schools.
Coming back to your extracurriculars, I would like to inform you that apart from sports any endeavours you have taken up at any clubs, associations, fest or events you managed or participated in during the course of the program, certifications or internships undertaken during the course of your study would also count towards your extracurricular initiatives. Thus your participation in the cultural committee showcases your ability to take initiative while the finance club showcases your interest in the field finance and the passion to develop it further. Thus, you should dig deeper into this aspect and bring out varied skills in your profile or seek to build in this area if the need be.
Coming to your volunteering role, it showcases your strong interest in developing your profile holistically, while your fundraising experience showcases your ability to take up initiatives, impact others and to empathize with other people. Adding quantifications of the fundraising initiatives would add weight to your experience since B-schools are looking for applicants that are future leaders and such experiences and qualities strengthen your application.
As far as your internship experience is concerned, you have a big brand on your CV as well as experience in the field of finance which definitely acts in your favour, since MS in Finance is a specialized masters and AdComs, are looking for applicants with relevant experience in the field of finance. Do note that you ought to explain and highlight the major projects of your work and how these experiences helped to develop and further groom your skills and knowledge. As for your virtual internship, highlighting how it was a learning experience and how it helped groom and further enhance your knowledge, your key takeaways from the role would add strength to your profile. To further strengthen your application and differentiate you from your peers highlight why you chose these firms, how you have gone beyond the role, any initiatives you took and any kind of impact created to establish a connection with your goals and portray the knowledge gained from these experiences.
Talking about your certifications, while they do not directly provide an added advantage to your profile since most applicants have such certifications, they do showcase your proactiveness and ability to take initiative. Moreover, since most of these certifications are in the field of finance they showcase your passion for the field and how you have taken steps to develop it further, which is what most B-schools are looking for in applicants.
Coming to your international experiences, your travelling to different countries, be it for leisure or business purposes, is a great addition to your application. However, ensure you focus on highlighting what kind of learnings it gave you, what were your takeaways from these trips and how it helped you to grow and develop a broader perspective.
To further improve your profile you could take up certifications like CFA or FRM, which are core financial certifications and would show your passion for the field of finance.
Coming to shortlisting the right schools for your profile, dream schools have a very stringent acceptance rate of 12-15%. Hence, whenever you are applying to schools abroad, it is always better to target a mix of dream, competitive, and safe schools. To help you understand better, I’ve suggested a few schools that you could be targeting along with your chances of getting admitted according to the different categories.
Dream (40-50%) : HEC, LBS, LSE, Duke, Vanderbilt
Competitive (60-70%) : ESSEC, ESCP, USC: Marshall, TexasMcCombs, FSFM, IE
Safe (80-90%) : EDHEC, Grenoble, Skema
Now, speaking of scholarships, you have two types of scholarships - merit-based and need-based scholarships and you can be targeting either of the two. The primary difference between these two types of financial aid is that merit-based scholarships, unlike need-based financial aid, are awarded to students based on academic or other merits rather than demonstrated financial need. That said your scholarship application consisting of an essay, would need to justify why you are worthy of the scholarship and why you need the scholarship. Making the essay convincing and highlighting your needs would increase your chances of getting a scholarship
Thus, to summarize, while you have a competitive profile, you need to be aware that you will face competition from applicants having similar or maybe even better profiles, thus, to increase your chances of getting admitted to these schools and bagging a scholarship, you would need to ensure that you have a very strong application (consisting of - Essays, LORs and Resume) to back your profile. You need to showcase your journey, what makes you different from your peers and how you are a great value addition to the school. And as a matter of fact a strong application can be a game changer and could increase your chances of acceptance by up to 50%.
On this note, if you are looking to target the top B-schools and want to create a strong application and win a scholarship, you can follow the link below to Book a Free Consulting call to connect with one of our founders to gain in-depth knowledge of the application process and create a winning strategy.
https://www.mim-essay.com/book-an-appointment-form/Hope this helped!