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Session 2- USA
The document provides information about higher study opportunities in the US and the requirements for various master's programs. It discusses the benefits of studying in the US, including reputed universities and career opportunities. It then analyzes the career pathways for an MBA and Master's in Finance. Various tiers of universities are outlined for both programs based on rankings, acceptance rates, tuition fees, salaries, and scholarships. Requirements for applications like GMAT/GRE, recommendations, essays, interviews, and work experience are also summarized.
Session 2- USA
- 3. Excellence Beyond Borders HIGHERSTUDY OPPORTUNITIES ABROAD
- 4. Why study inthe US? ● Best reputed universities ● Culturally diverse environment ● Career opportunities ● Strengthens your Curriculum Vitae
- 5. Degree Analysis: CareerPathway Master of Business Administration Master’s in Finance Corporate jobs Executive position in firms Academia Stock Brokerage Consultancy Investment Banking
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- 7. Essay • 2 PersonalEssays o What matters most to you?/Why should we take you? o Why our University? • 1 Professional o Your achievements.
- 8. Recommendations 1 academic ● Community Organizer/Faculty 2professional ● Supervisor ● Sub-supervisor
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- 10. Extracurricular activities • Leadershipportfolio. e,g,. Jaago, BYLC. • Necessary documents and proof needed. • Research work.
- 11. Work Experience Master of Business Administration Master’s in Finance •Main difference between MBA and MSc • Average work experience 5 years.
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- 15. Tier 1 Tier2 Tier 3 Universities Harvard University, Stanford University, Massachusetts University of Technology University of North Carolina Chapel Hill, University of Texas Austin, Washington University in St. Louis University of Illinois at Chicago, Iowa State University, Florida State University Average GMAT Score 720 685 580 Average CGPA 3.6 3.4 3.3 Ranking 1 - 50 51-100 101 - 150 Acceptance Rate 7- 35% 20 – 45 % 52 – 80 %
- 16. Tier 1 Tier2 Tier 3 Annual Tuition Fee Tuition Fees: $36,000-$70,000 Tuition Fees: $40,000-$60,000 Tuition Fees: $25,000-$50,000 Living Expenses Living Expenses: $19,000 - $40,000 Living Expenses: $20,000 - $36,000 Living Expenses: $15,000 - $35,000 Annual Salary (Average) Annual Salary: $129,666 Annual Salary: $101,289 Annual Salary: $98,500 Scholarship $50,000-$55,000 Only provided to the best students around 80-500 people awarded /year. $2,500- $45,000 Both partial and full scholarship available for all the schools. $2,000- $30,000 Scholarship at Florida State is limited. Usually state schools provide less aid.
- 17. Master’s in Finance Tier1 Tier 2 Tier 3 Columbia University Carnegie Mellon University University of Illinois at Chicago Yale Duke University Iowa State University NYU University of Texas Austin Florida State University
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- 19. Tier 1 Tier2 Tier 3 Universities Columbia University, Yale University, New York University Carnegie Mellon University, Duke University, University of Texas Austin University of Illinois at Chicago, Iowa State University, Florida State University Average GMAT Score 718 690 695 Average GRE Score Verbal: 158 Quantitative: 160 Writing: 4.5 Verbal: 157 Quantitative: 162 Writing: 4.2 Verbal: 158 Quantitative: 153 Writing: 3.5 Ranking 1 - 50 50 - 100 101-150 Acceptance Rate 6-30% 10-40% 45-70%
- 20. Tier 1 Tier2 Tier 3 Annual Tuition Fee $35,000 - $61,000; $37,000 - $54,000 $30,000 - $45,000 Living Expenses $20,000 - $40,000 $15,000- $29,000 $13,000 – $23,000 Average Annual Salary $110,000 $104,000 $104,000 Scholarships No scholarship available at Columbia University, Limited in Yale; auto application process Partial scholarships available for the universities; auto application process University of Illinois at Chicago offers $5000/ year scholarship based on merit
- 21. • Different factorsfor different universities Financial Aid University Name Number of international students who received aid during 2013-2014 Average aid awarded to international undergraduates during 2013-2014 Yale University 349 $56,630 University of Chicago 80 $53,637 Stanford University 135 $53,287 Harvard University 540 $51,854
- 22. Fulbright U.S ScholarProgram • Completely funded plus stipend • Highly prestigious • Judge panel- IBA, DU, JU, Brac
- 23. Fulbright U.S ScholarProgram Eligibility: • Outstanding academic records • GMAT/GRE • TOEFL • 3 letters of recommendation - Academic recommendation: Which faculties vouched for you? • Other factors: Age, Work experience