Olin School of Business

The Washington University in St. Louis MSF program has had a number of updates since I last posted, which has been far too long ago. I will use this post to refresh everyone on the three main MSF tracks that WUSTL offers as they remain incredibly popular with all of you who read my site. Enjoy the update and please check back as I will be working on getting additional information in the near future.

2019 Class Profile

WUSTL makes things easy on me by clearly laying out the class profile for all three of their tracks.

 Corporate Finance & InvestmentsWealth & Asset ManagementQuantitative
Total # of Students:2674105
Average GMAT:700704716
Average GRE V|Q:156 | 166155 | 167156 | 168
Average GPA:3.503.503.60
International %:88%97%99%

So I compared this with the last profile I posted (2017 – unfortunately I missed 2018) and what really stood out is the fact that the corporate finance track went from 31% international to 88%. This now means nearly all the programs that WUSTL offers are predominately international (the other two programs are nearly 100%). This isn’t a positive or a negative, although I have found that it is harder to place international students than domestic students. The average GMAT has increased in the corporate finance and wealth management programs, but decreased for the quantitative track. Class sizes have also increased markedly.

STEM Certified

When I last wrote an update on this program only the quant track was STEM certified. I just checked and the wealth management track now qualifies for STEM certification. Not sure if there are plans for the corporate finance track, but it would make sense.

Tuition

The costs for each of the MSF tracks are included below:

  • Corporate Finance: $69,950
  • Wealth & Asset Management: $90,935
  • Quantitative: $90,935

Let me just say, these costs are substantial. I will work on updating my tuition tab on my site as it is way out of date, but when I last updated it (2016), the corporate finance program tuition was $57,850. Something to consider when applying and planning on paying for this degree.

Career Outcomes

The Washington University in St. Louis MSF program has an annual PDF report that they post on their career site. I will included it in this post for all of you to download, but some key takeaways are included below.

Average Salary

  • Master of Science in Finance–Corporate Finance (MSFC) $67,783
  • Master of Science in Finance–Quantitative (MSFQ) $57,681 $
  • Master of Science Wealth Asset Management (MSFWAM) $51,875

Placement by Job Function (2 highest)

MSF – Corporate Finance

  • Investment Banking: 22%
  • Corporate Finance 22%

MSF – Quantitative

  • Finance Other: 36%
  • Asset Management: 27%

MSF – Wealth Management

  • Corporate Finance: 49%
  • Investment Banking: 17%

The career report includes a lot of additional information, including a total list of employers, the 2018 class profile, internship information as well as the full picture of all the industries where students found employment. You can download the report by clicking this link.

Miscellaneous 

  1. Part Time Option – Working professionals in the St. Louis area can pursue the Corporate Finance & Investments and Wealth & Asset Management tracks on a part-time basis, and begin taking classes in the fall or spring semester.
  2. Application Deadlines – Applications are now accepted on a rolling bases as the formal deadlines have all passed.

Hope this was helpful to everyone. A lot has changed and I will try and get some updated student reviews or more information on the program. Stay tuned.

 

Here is a link to the Washington University in St. Louis MSF Program