1. Take the GRE/GMAT now!
Did you know that sophomore year is actually the best time to take the GRE?
According to the article “Why Every College Student Should Take the GRE by Their Sophomore Year,” the GRE Quantitative Reasoning section consists of arithmetic, geometry, algebra, data analysis, and number properties. All of these concepts were studied in high school, so it is best to take the GRE while the information is still crisp in your mind! One other compelling reason discussed in the article is that the scores last for 5 years, so if you take the test as a sophomore, you will still have 3 years after graduation to use them!
Students are required to take the GRE (or GMAT) scores in order to be considered for the MS Finance Program. The Program does not have a preference between the GRE or the GMAT, though most students tend to prefer taking the GRE. Here are a few additional tips regarding the test:
- The Program only considers the quantitative score, so you should focus your studies on that section.
- The minimum quantitative score to be considered is the 50th percentile (153 on the GRE; 44 on the GMAT).
- The GRE/GMAT is offered throughout the year, however, it’s important to keep in mind that scheduling the GRE/GMAT usually involves about a 2 week lead time.
- Students may take the exam all the way up to the deadline if needed, since the unofficial scores will be received immediately upon finishing the exam.
- The GRE offers free practice test software called PowerPrep, which can be very helpful to students.
- GRE Website
- GMAT Website
2. Plan for the Prerequisites
The following MS Finance prerequisites are required to be completed by May 2019, but are not required at the time of admission:
- ACCT 229 Introductory Accounting
- ECON 202 Principles of Economics (Micro)
A grade of a “B” or better must be achieved in order to meet the requirement.
ACCT 640 Accounting Concepts and Procedures I (online) is an equivalent course to ACCT 229 that is offered to admitted students. ACCT 640 can potentially count as a technical elective, so be sure to ask your academic advisor to see if that is true for your major.
Contact Allison Hayes in order to register for either ACCT 229 or ACCT 640, as you will need an override.
ECON 202 will count as a University Core Curriculum (UCC) elective. ACCT 209 Survey of Accounting Principles is only accepted if taken before admittance to MSF.
Transfer credit is accepted from other accredited universities. Lone Star College is one example of a university that MSF students have been successful taking prerequisites online at in the past.
Can you believe it’s already October?! The MS Finance “Stem to Stocks” Priority 1 application deadline is coming up on Thursday, October 26th. If you have started your application, you’ll know that the MSF application requires 2 letters of recommendation. At least one of these letters must be academic and the other can be from a mentor, supervisor or a former/current MSF student.
3. Polish Up Your Resume
If you don’t know how your resume should look or need help building it, be sure to reach out to the Career Center for free help. Another resource for resume help would be to check out the MSF Student Directory, where you can view all of the current MSF students’ resumes.
4. Start the Process of Finding Your 2 References
Here are a few tips as you begin the process of finding your references:
- If the individuals that you plan to ask are extremely busy, it may speed up the process if you offer to draft the letter for them.
- It’s also a nice gesture to provide your recommenders with a few bullet points he/she may choose to write about.
- If you have reason to believe that one of the letters may not be submitted on time, you should plan to ask a third person to write a letter for you just in case!
It is recommended that you start to find your references now, as they will have more time to reflect on what makes you a potential candidate for the MSF program.
5. Write Your Essay
In this year’s MSF application, there is a new essay question as follows: “Who in the finance/business world do you most want to model your career after and why? How do you believe the MSF Program will help you reach that goal?” The essay should be double spaced and 2 pages max. You may write about someone whom your know personally or someone who is a well known business leader.