MSF Programs

I don't think I had mentioned it anywhere on this blog previously, but I've applied to several Master of Finance programs in Boston. I applied to Bentley and Boston College's part-time programs and the full-time MFin program at MIT Sloan. I applied to BC on 10/13 and got in 10/27. I applied to Bentley on 10/19 and was accepted 10/29. My MIT application was submitted on 11/1, but it'll be a while before I hear back.

Barring acceptance to MIT, I'm going with Boston College over Bentley, and the program starts in January. So fast. I've already submitted a deposit check and turned in all of the necessary paperwork. I just finished my financial aid junk today and while BC doesn't offer merit-based aid to part-time students, I do qualify for federally subsidized loans. My firm will pay for a nice piece of the degree, so I have that going for me, too. I think in the end this will cost me around $20,000, which will increase my already substantial loan payment by $210 a month (based on a 10-year, 5% loan). The degree will take two years to finish and I'm currently studying at home to test out of two prerequisites that I need to satisfy before I can start. I never took a Financial Accounting course at Brandeis, but I regularly read 10K and 10Q reports made available through the SEC, so I'm familiar with quite a bit of the material. I took a Corporate Finance class at Brandeis, but Boston College is still asking me to take a test. I'll try to take the Accounting test by the end of this month and the Corporate Finance one by the end of next month, allowing me to start class on time in January. Otherwise, I would need to take two classes (at any four-year school in the area), and that could be as much as $6,000. Pass on that.