MBA vs master in Financial Math

I am currently in my second year of undergrad at a none target but really want to get into the Banking World. I was wondering if there was a difference in what kind of jobs MBA students and Masters in Fina Math get after they graduate? Which one can lead to more opportunities?

 

Yes dude, huge difference. Like associate v analyst difference. You really need to do some research before you ask stuff like this man. A master's in math will be more of a quant role and an MBA will place you in an associate type role. As far as more opportunities...not even worth trying to answer that.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
Best Response

MSFM/MFE programs tend to base their curriculum around quant careers - this used to mean jobs pricing derivatives and structured products but since the financial crisis and end of MBS structured products it's more likely to be risk management or High Freq trading (the former is not as high paying and the later requires killer programming skills). MBAs do everything else in finance except what the lawyers (JDs) do. So the overall best career opportunities by far would be a top MBA- especially since most MSFM/MFE programs don't have much oncampus career support. But you have to do what you're interested in. If you want quant finance, then get a relevant degree. If you want traditional finance, then get that degree. The best career for you will be what your strenghts/interests are in.

 

Hey everyone, I would really appreciate some advice as to where I should be looking to go to graduate school/Business School. I scored a 680 on my Gmat and I had a 3.1 from the school of management at Umass amherst for undergraduate. I have worked as a currency researcher, proprietary stock trader, investment analyst. I am really interested in market finance and investments so I am considering going for my Masters in Finance instead of getting a straight MBA. I'm also considering schools that are renowned for their quant finance programs. Have any good suggestions or ideas of where my target schools should be? I'd like to be doing some type of investment finance after graduation whether it be research, trading, portfolio management or an analyst role. I found this list of the top 10 quant Finance schools and it mentions Carnegie Mellon University, Columbia University, Cornell University, New York University, Princeton University, Rutgers University, Stanford University, University of California at Berkeley, University of Chicago and University of Michigan.

Out of the top 10 almost all are probably out of my reach except maybe rutgers, or NYU... However there are also "honorable mentions" including Boston University and Baruch College of NY. Are these good programs, are they well known in the finance world? I'd hate to throw down a few hundred thou and be in the same sucky employment situation as I am now. So what it comes down to is with my credentials, where would be the most valuable school to develop my skills in market finance? Sorry its so specific to my situation, but any thoughts on the topic are appreciated.

 

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