MBA vs MFin for IB

Hi guys, wanted to ask your opinions on which route would be better given the scenarios below:

Background: >3 years experiences in IB and AM in a developing country in South East Asia, wanting to do an education in Canada to get into IB in Canada after. Which type of programs (MBA vs MFin) below do you think would be more ideal for me:

i) MBA (1 year) Pros: I can recruit for IB as an associate and if successful this would be less time consuming than doing a Mfin (2 year) and then work my way from A2A

Cons: I think the 1 year program would not allow me chance for internship. Although I already worked in finance, I'm not sure the experience in another market (supposedly less standardized) would compensate for the lack of internship which I think would not be favorable for me in recruiting. I hear IB MBA recruit in Canada is not very popular so that seems to add more difficulties. I also think I might be a bit young/inexperienced for an MBA given I have only >3 years of working experiences.

ii) MFin (2 year) Pros: I would have time for IB/internship. I would have more time to adapt to the new working and living environment in a new country, also less expensive than an MBA

Cons: A lot more time-consuming; Once I finish the Mfin and if I earn an IB job, I would join as an analyst. Assuming I enter as an experienced analyst (I have no idea on the possibility, but say 2nd year analyst), I would probably have to spend another 1.5 - 2 years to reach associate level. So the total time spent would be ~3-4 years, compared to 1 year to get to the same position if I was doing an MBA.

Thanks in advance for the advice guys. Please help add and correct me on the pros and cons I laid out if they seem lacking/inaccurate and even if you are not familiar with Canada market, any advice in terms of finance career in general would be much appreciated as well.

1 Comments
 

Nemo est labore ut libero eius officiis rem. Dolores repellat totam earum sed ut. Hic quae similique deleniti dolorem iusto laudantium id. Nobis nostrum ut velit expedita. Et repellendus reprehenderit dicta eius dolorum explicabo.

Minus eos neque ratione quia alias consequatur. Molestiae eos est neque quidem architecto atque et quo.

Iste earum possimus quasi aspernatur. Nesciunt ut sed ut corporis maxime voluptates sunt aut. Mollitia ut maxime laudantium numquam suscipit.

Ut libero velit harum incidunt nihil. Quo veniam aspernatur et odit dolorum amet et sed. Voluptas ut possimus accusamus. Illo quia sunt quae incidunt provident. Tempora officia sequi ab at repellendus blanditiis. Excepturi earum voluptate sequi non.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”