University of Rochester Masters in Finance Update – June 2023

University of Rochester Masters in Finance

It has been forever since I last checked in on the University of Rochester Masters in Finance program and I thought it would make sense to do a general update on the program as a lot has changed. The Simon Business School is well ranked and regarded and the MSF they offer has been around for a long time now. Lots of alumni working in New York in all areas of finance. It is a program that has continually been of interest for both domestic and international students. Hope the refreshed overview helps and stay tuned for more.

Overview

The University of Rochester Masters in Finance program is a 37.5 credit hour MSF taught full time at the Simon Business School campus in Rochester, NY. The program is STEM designated, important for international students and routinely ranked in the top 10 by the Financial Times for pre-experience MSF programs. Students can complete the degree in a year or extend their education by selecting the internship track. This provides students additional time and the opportunity to intern in the summer.

Students work with an academic advisor to pick required classes and electives. The program begins with pre-course work with Foundations of Python and Financial Economics. The MSF formally starts in the fall with an A and B term, followed by the Spring where you will choose your electives. The internship option allows students to work and intern in the summer and finish the program with a final class on spreadsheet modeling taken than following Fall.

Class Profile

Rochester has a pretty comprehensive profile for the upcoming class of 2023.

  • Total Class Size – 191 Students
  • Male / Female – 53% / 47%
  • GPA Range – 3.1 – 3.8
  • GMAT Range – 640 – 760
  • GRE Range
    • Verbal – 149 – 164
    • Quant – 160 – 170

These are great stats and looks like a larger MSF class. The scores are very respectable and the range looks to be reasonable to accommodate a range of applicants.  Students have just under one year of work experience with max being under 3 years. Most come into the program with a business education, but that is not required.

Admissions

The application process is fairly standard. GMAT and GRE are optional as well and not taking the test will not impact your eligibility for scholarships. The website mentions that 70% of incoming MS students receive merit-based scholarship support – this is amazing. The program is currently accepting applications on a rolling basis as the final official application round has passed. For anyone considering applying for next year, the first round of applications is usual in August so you can start preparing for that now if you want.

Tuition 2023/2024 – $85,500.

Careers

The University of Rochester MSF has some respectable job states.

  • 84% of job seeking graduates accepted a employment within six months of graduation
  • Average salary – $84,934

Sample Hiring Companies

  • Bank of China
  • Bloomberg L.P.
  • Capital One
  • Citibank
  • Deloitte
  • Goldman Sachs
  • Houlihan Lokey
  • KPMG
  • McKinsey & Company
  • Moody’s
  • PwC
  • TD Securities
  • UBS

Now this isn’t a complete career report, but from the information I found it looks like very respectable placements at a good, market salary. This would make sense since the Rochester MSF has been around for a long time and the school has deep alumni connections across the financial industry in NYC. The university has a NYC MSF at one point as well.

I am glad to see that the Rochester MSF is still going strong and operating successfully. This has always been a good program and the university is well regarded both in the US and internationally. I will try and find out some more info on the program and make sure to update everyone on this one with greater frequency.

 

Here is a link to the University of Rochester MSF Program

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