Hello everyone,
Honestly, I have never been fond of these types of posts because I understand how difficult it is to evaluate people off of a one-paragraph profile. That being said, I seriously have a lack of confidence which is holding me back from getting my applications ready to go. I would really appreciate your response and for taking the time to review my background.
Firstly, why MSc?
Honestly, I've been 50-50 about applying. I know a lot of you will instantly say I shouldn't go forward unless I'm 100%, but with the pandemic, it has severely altered the job market and it has me uncertain about a lot of things. I have a passion for finance, particularly equity research or S&T , or WM (pretty much anything buy-side that doesn't work 90+ hours). Additionally, as I will mention in my stats section, I go to a state school in New York which is a top state school, but, nonetheless, is still a state school. At my current internship, I'm the only guy at a non-target school and pretty much have 0 chance of competing with Harvard, Wharton, and Stanford applications at top firms. Getting a MSc or MiF could give me the chance to study at a top school for a year or two and allow me to compete with other target school graduates when the job market fully recovers. I hope this makes sense.
Background
I transferred from one school to my current school in my second semester of sophomore year. At my current school, I have a 3.71 GPA (graduating with about 59 credits from this school). At my previous school, I culminated 67 credits with a 3.20 GPA (I know, this might destroy my chances at any top school). I was pretty depressed and did not feel challenged (sounds generic, but it's true) hence my low GPA at this school.
I will be graduating with honors at my current school, likely Summa Cum Laude. If they look at my CGPA with the combined GPAs, I believe it should be around a 3.42. This is my main concern. I don't know how they will look at this GPA.
GRE- taking it very soon, expecting 167+ on Quant & 164+ on Verbal, based upon practice exams.
Founded a web design and marketing company, grossed 450k+ in 2 years. This was my Freshman/Sophomore year of university. Coordinated a team of six off-shore developers as well as a product marketing team, completing over 92 small to medium scale projects.
In my junior year, I started day trading equity and options. Turned about 25k into 100k in about 8 months. Still managing this portfolio currently, though I will begin full-time day trading again once school starts.
This summer, I interned for a boutique hedge fund in NYC. I did equity and economic research for the fund.
Vice President of a 300+ member Investment association at my college
Senior portfolio analyst at my previous school's investment fund
Honors thesis papers in the process of being written
One LOR will be the MD of the fund I'm working at.
Not sure if this helps but I'm a first-gen student and basically grew up in poverty throughout my childhood. I am white, but my father is Irish and my mom is Latino and Native American (weird, I know).
The schools I'm looking at. Please excuse the large range of schools.
Columbia University MFE
Massachusetts Institute of Technology (Sloan)
University of Chicago (Booth)
Harvard (not even sure if this would work because I believe it would have to be the 2+2 program)
Princeton
NYU Stern's Quant Finance Program (not ideal because it's half in Shanghai)
Also, LSE and Oxford but these schools are also a reach.
Main question: Am I out of my mind to consider applying to these schools with my subpar GPA?
Any bit of advice is appreciated. You can tear my stats apart, no hard feelings.
I really am looking to assess my options and any suggestions could help better my chances at top masters programs.
Thank you again.