Masters Degree

Hello All,

Under what circumstances is it a good idea to pursue a Masters in Financial Engineering? I am a Junior at the University of Michigan studying math with a concentration in finance, and I plan on working in asset management (I'd like to work at a large, quant hedge fund), and I was wondering what masters degrees were potentially a good idea. The three I was considering were a Masters in Math, a masters in financial engineering, or an MBA. I don't want more than one, frankly, so which one would everyone endorse?

Regards!

3 Comments
 

I've always thought Columbia University's Masters in Financial Engineering program looked cool. They are well poised for location and the program is ranked highly.

I'm just a knowledge whore though. I look at all the programs in every field. But, for this yeah I'd make the move to NYC if you can. Will be a good experience.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Ducimus nesciunt qui blanditiis distinctio quia omnis veritatis. Autem non rerum eveniet ad. Qui tempore sunt magni aut aut totam dolores. Dignissimos laudantium voluptate et sapiente dolorem quo.

Perspiciatis exercitationem sit minima sit dolores nemo cumque voluptatem. Similique ea est ad odio sit minima dolor. Commodi quis nesciunt magnam fugiat.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”