• Sharebar

I am a corporate banker (6+ work experience). Have worked with a few big name banks, but recently quit because I was bored and my career seems to have been derailed.

I am looking at getting into IB / Asset Management - of course, into the top firms (who doesnt?). I already hold a management diploma (it s the equivalent of an MBA). Being from an Asian college, it doesnt have the cachet of a US / UK school, but is still well regarded.

Would a Masters in Finance or MFE help me move my career along? Or am I chasing a pipe dream?

Comments (5)

  • manbearpig's picture

    Can't speak to an MFin, but I can tell you that a MFE won't help much with IB. S&T, definitely, and it can't hurt with AM/HF (quant ones in particular).

    With that said, for an MFE, you will need a certain background in math/statistics to be able to get in and do well in the program. If you post some academic stats and list some math/stats coursework, I can give you an idea of what schools you're competitive for.

    -MBP

  • In reply to nubsauce
    manbearpig's picture

    nubsauce wrote:
    ^sorry just to clarify. so MFin/MSF = good for S&T?

    MFEs can help with getting into S&T. Not sure about MFin. The Princeton MFin is really just a MFE.

    -MBP

  • SANCHEZ's picture

    I would suggest going for either an MBA or MFE. An MBA would strongly position you for the more people oriented roles found in AM/IB/PE/Consulting/F100. An MFE would position you the quant side S&T/RiskMGT/QuantAM.

    In my opinion, an MSF is more of a middle ground between MBA and MFE and doesn't strongly position you in either. MSFs focus on hard-core finance/statistics while not getting into the leadership oriented parts of an MBA or the Stochastic Math/programming skill sets of an MFE.

    At your stage in the game, you really should chose one path or another rather than a muddled path to send a strong brand message about your skill set and aspirations. Also, I don't think completing a top 10 US MBA program would be a step backwards because it will give you the opportunity to realign your career.

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