Been a while since I last posted on the Texas A&M Masters in Finance and I know this is a program that many of you have a strong interest in so I thought no time like the present to write an update. As I posted previously, a lot of great things have been happening at this university and this program should absolutely be on your radar.
Please note that for this academic year it looks like the program is only open to current Texas A&M students. This is being driven by employer hiring cycles not Covid and is likely to continue in the future. While this is sad, there is a bright spot. Texas A&M is close to launching a “Gap Year” program that will allow students who have been offered full-time employment (including military and government) or professional school admissions (i.e., law, medicine or veterinary) to request their employer or professional school to defer their start date by a year to get the MSF degree.
“2021/22 Academic Year applications will only be accepted from Texas A&M – College Station Sophomores (graduating in December 2023 or May 2024).”
Even with the program being exclusively for current undergrads this year, I think it is helpful and important to provide some updated information. Things might change and for anyone reading this site as a sophomore or junior things might open up again in the future.
On the main page for the program there is a mention of the typical MSF profile. This should be a good approximation for a class profile.
- Class Size – 50 Students
- Average GPA – 3.5
- Average GRE/GMAT Quantitative Percentile – 70th
- % STEM Graduates – 67%
My take away from these stats, as well as looking through the majors of past graduates, is that this program really likes engineering graduates or those with a solid quantitative background. Make sure you have classes in statistics and math if you hope to get into this program.
The Texas A&M Masters in Finance program does a great job with their placements as well as how they help support students in their quest to find full time employment. These placements are what originally caught my attention and I am continued to be incredibly impressed with the jobs students get coming from this program.
- >90% Employment Rate
Here is a sample where the most recently graduated class went to work (Class of 2020):
|AIG||Deloitte||Koch Industries||Noble Energy|
|Alvarez & Marsal||Goldman Sachs||KPMG||PwC|
|Baker Hughes||Grant Thornton||Lockheed Martin||Ryan|
|Bank of America||Hilco Energy||Macquarie||Texas Instruments|
|Capital One||J.P. Morgan||Microsoft||Wells Fargo|
As you can see, all amazing names. What the above chart does show is how many firms hired multiple TAMU MSF graduates. Below are the ones that hired multiple students:
- Deloitte – 2
- Goldman Sachs – 2
- KPMG – 4
- PwC – 3
- Ryan – 6
- VMG Health – 3
- Wells Fargo – 3
Tuition remained pretty much the same since I posted last year about the program. I pulled the below information from the site to remind everyone, but they mention that you should confirm with the university for the precise costs.
- Estimated in-state tuition and fees for the 2020-2021 Academic year is $40,500.
- Out-of-state tuition and fees are estimated at approximately $54,000.
Lots of great things going on at Texas A&M. Hopefully the program opens back up in the future. This MSF really impresses me and I am sure all of you thinking about which school to apply to would love to have the ability to get your masters here. Stay tuned!
Here is a link to the Texas A&M Masters in Finance Program