The great Len Hartman once said...
"A rookie musky angler should buy the best gear possible to start... Then go cheap later on... Because an experienced musky angler can overcome obsticles that a rookie cannot..."
$350 should get you a solid combo...
The biggest factor in my opinion is the size of fish where you'll be fishing.... Is it a trophy fishery like Gbay Nippising st clair st lawrence...or more of a numbers fishery like a Kawartha lake (no offense... I wish I had fishing like that some days)...
But a good all around rod would be a 7.5 foot heavy action st croix premier... I have a few of these.... My favorite rods for sure...
As for a reel... Put a few in your hand and see how they feel..... I like my curado 300.... But it cost $300... I also have an Abu Garcia C3 or C4(can't remember wich... It's dark blue)... I paid $69.99 for it and its still going strong after 10 years of walleye, carp, and musky fishing...