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How to Showcase Finance Projects (CFA, Python, Valuation) in Your MiF Application

  • 5 days ago
  • 6 min read

For ambitious Masters in Finance (MiF) applicants in the UK and Europe, a high GMAT score and a strong GPA are table stakes. To truly stand out, you must demonstrate practical financial acumen and a clear career direction. Thoughtfully executed finance projects are your most powerful tool to achieve this. They transform your application from a collection of grades into a compelling narrative of your potential. This guide, drawing on my direct experience helping applicants succeed, will show you how to strategically present your project work. It’s a core component of building a competitive MiF application, which you can read more about on my pillar page.


Admissions committees at top programmes like LSE, HEC Paris, and LBS are looking for candidates they can envision succeeding in the finance industry. Your projects are the evidence that you not only understand the theory but can also apply it.


How can I effectively describe my CFA progress if I haven't passed all levels?


Admissions committees value demonstrated commitment. Pursuing the CFA charter is a powerful signal of your dedication to a career in finance. Don't be discouraged if you are still in the process; the key is to frame it correctly.


  • Focus on Proactivity: Mentioning you are a "CFA Level I Candidate" or have "Passed CFA Level I" on your CV demonstrates initiative. It shows you are proactively "beefing up your quant profile" beyond your academic curriculum. This is a crucial way to compensate for a GPA that may not be as high as you'd like.

  • Connect to Career Goals: Explicitly link your CFA studies to your post-MiF career aspirations. For example, if you are aiming for asset management, highlight how the CFA curriculum is providing you with the foundational knowledge for that specific field.

  • Quantify Your Knowledge: If you have passed a level, you can briefly mention your score if it was exceptional, but simply stating "Passed Level I" is sufficient. The focus should be on the commitment it represents, not just the score itself. This act of self-study tells admissions that they "don't really need to worry about you so much" when it comes to handling the fast-paced, quantitative rigour of the programme.


What's the best way to present Python or other coding projects if I don't have a formal tech background?


A coding project is not about showing you're a professional developer; it's about showing you can use modern tools to solve financial problems. The emphasis should always be on the financial application and the outcome.


I advise my clients to use the CAR (Context, Action, Result) methodology to structure their project descriptions, especially on their CV or in interviews.


  • Context: Briefly describe the problem. (e.g., "Needed to analyse the sentiment of news articles for 50 stocks to inform a trading strategy.")

  • Action: Detail the specific steps you took, highlighting the Python libraries used. (e.g., "Developed a Python script using Pandas for data manipulation, Requests for web scraping, and NLTK for sentiment analysis.")

  • Result: Quantify the outcome. This is the most critical part. (e.g., "The script automated a 10-hour manual process, and the resulting sentiment score showed a 0.6 correlation with next-day price movements in back-testing.")


This approach moves the focus from just "I know Python" to "I used Python to create a tangible financial analysis tool." It demonstrates problem-solving skills and a practical mindset, which are highly valued.


How do I explain a complex valuation project (like a DCF) concisely in my application?


Admissions committees and interviewers want to see your thought process, not just the final number.


I recently worked with an applicant for HEC with a non-finance background. In his interview with a professor, he was asked to walk them through a DCF analysis. Because we had prepared for this, he spent five minutes clearly explaining each step. He was accepted shortly after.


Here’s how to prepare this example applying CAR:


  • Context: "For a university project, I was tasked with valuing a publicly-listed retail company."

  • Action: "I built a 5-year unlevered DCF model in Excel. This involved forecasting revenues based on market growth, projecting free cash flows by analysing working capital trends, calculating the WACC using the CAPM model, and estimating a terminal value using the Gordon Growth model."

  • Result: "The analysis resulted in an intrinsic value of £52.50 per share, which was 15% above the current market price, leading to a 'buy' recommendation based on specific assumptions about margin improvement."


2. Prepare for Follow-up Questions: Be ready to defend your assumptions. Why did you choose that growth rate? How did you determine the beta for your WACC calculation? This is where you demonstrate true mastery and maturity. Being prepared for technical questions shows you have done the work and are a serious candidate.


Where in the MiF application should I place these projects for maximum impact?


Strategic placement is key. You need to present the information in the right format for the right part of your application. Don't simply repeat the same text everywhere.


Application Component

Purpose & Format

CV

Headline Achievements: Use a dedicated "Projects" section. Each project should be a single bullet point using the CAR methodology. Keep it concise and results-focused. This is for impact and scannability.

Application Essays

Narrative Building: Weave one or two key projects into your career goals essay. Explain why you undertook the project and what it taught you. This provides the "authenticity backed by clarity" that committees seek. For example, explain how building a valuation model solidified your desire to work in M&A.

Interview

Verbal Proof: Have your project stories ready to deploy. Practice explaining them out loud using the CAR framework. This is where you bring your CV to life and prove you were the "hero of the story."

Optional Essay

Detailed Exposition: If a project is particularly complex or was your primary quantitative preparation for the MiF, you can use the optional essay to provide a more detailed walkthrough. This is especially useful if you have a lower-than-average quant score.


Do admissions committees prefer practical project experience over high quant scores like the GMAT?


This is not an either/or scenario; they serve different purposes and the strongest applicants have both.


  • Quant Scores (GMAT/GRE): A high score (ideally 700+ on the GMAT with a strong quant component) is your entry ticket. It proves to the admissions committee that you have the raw intellectual horsepower to survive the academic rigour and fast pace of a top MiF programme. They need assurance you won't fall behind in demanding subjects like statistics and econometrics.

  • Practical Projects: Projects are your differentiator. They demonstrate your passion for finance, your ability to apply theoretical knowledge, and your career focus. While a high GMAT score says "I am smart enough," a well-executed project says "I am genuinely committed to and capable of a career in finance."


If your GPA or GMAT score is not perfect, projects are one of the best ways to compensate. They provide tangible evidence of your quantitative abilities and your drive to learn, mitigating the perceived risk of your academic profile.


How can I frame my project experience to demonstrate a clear career narrative?


Your application must tell a coherent story. Projects are the chapters that connect your past experiences to your future ambitions. Admissions committees need to be able to "imagine you in the industry."


First, you must have a clear career plan. As I often tell my clients, you can't write about wanting to go into either tech or finance. You need a focused plan. Once you have that, you can align your projects.


  • Aspiring Investment Banker: Showcase your DCF, LBO, or M&A case competition projects. This directly maps to the skills required for the job.

  • Future Quant/Trader: Emphasise your Python projects, especially those involving algorithmic trading strategies, data analysis, or risk modelling.

  • Prospective Asset Manager: Highlight your CFA progress and any equity research reports or portfolio management simulations you have completed.


By connecting the dots between your projects and your stated goals, you demonstrate self-awareness and a mature understanding of the industry you wish to enter. This is a quality that admissions committees value highly. As someone who has had a non-linear career path myself, I know the power of weaving disparate experiences into a compelling narrative that makes your unique journey an asset.


Ultimately, showcasing your finance projects is about providing proof of your skills, your passion, and your direction. It requires more than just listing what you did; it demands that you articulate the why and the so what of each experience. By framing your projects as evidence of your ability to succeed both in the programme and in your future career, you create an application that is authentic, compelling, and difficult for admissions committees to ignore.


If you are ready to build a truly competitive application, I can help you craft a narrative that makes your profile stand out.


Apply Now for a complimentary 1-1 consultation.


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