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The question doesn't correlate with the answers. There needs to be a "I have another form of advanced degree not otherwise listed" option, for people with Masters of Accounting or Masters in Commercial Law, or other related degrees.
Things like the CPA and the CFA aren't technically advanced degrees, they are professional credentials or accreditations. Furthermore, in Europe, Australia, and most places outside of America, the CA is more prestigious than the CPA, so including for an equivalency option of the CPA would be recommended.
Furthermore, given a lot of this board caters to students, it would also be interesting to see a "I am currently enrolled in one of the above advanced degrees" option, to see not just current degree holders, but some degree of future predictability.
Not trying to be a dick, just pointing out that when 65% of your population don't fall within your answers, you might need to revise your sample methods.
Way more MSFs than I thought.
Can someone explain the draw of having an MSF? I've only seen them coupled with PhD's at some quant desks. Otherwise, it's the traditional MBA/CFA or none of the above. Do they actually help you land interviews?
Since the site is skewed towards younger people and it also targets those looking to break into finance, the MSF is probably going to be the more popular degree on here.
MSF is essentially a mini reset button and another year to break into finance, rebrand, intern, fix your GPA, etc.
I see, I recall my recruiter once telling me that the MSF is utterly useless, and that all of his HF clients wanted CFA's or top MBA's. But to those that broke in with an MSF, more power to ya.
Unless you're in Europe where "not having a masters = undereducated"
MSF is pretty useless for getting into a HF. It is used to break into banking or general trading or F500.
Plenty of MFin's from Princeton going into HF's though. Same with MIT.
is this meant to be taken literally? if so that's contrary to my understanding of things. i thought mfin was exclusively for quant/trading. or maybe i'm thinking mfe?
Back in the 80s, an MSF was an extra year of a finance degree.
When MFEs came out in the late '90s, early part of last decade, it was a different approach. Heavily quantitative, required a STEM undergrad. Financial Mathematics (NYU, Chicago) and MSCF (CMU) degrees are pretty much the same as MFEs, though there is a slightly heavier CS emphasis at CMU. They typically place into risk management, algo trading, and quant roles.
And then there are the two difficult to categorize programs; MIT and Princeton. They're called Master's in Finance programs, they require a solid mathematics background, and they place into everything from quant roles to PE shops to the US Department of Treasury.
Know a few MSFs on the trading floor so it's not completely useless.
My MSF is a thrifty MBA.
My CFA is a thrifty MSF.