MFE right after undergrad?

I have the option of getting a five year BS and Masters. The BS is in quantitative finance, and the Masters would be in Financial Engineering. Would spending the extra year and getting the MFE increase my chances at getting an offer at BB S&T, HF, or even top prop trading shops?

MFE is top tier 2 if that makes a difference.

Thanks in advance.

9 Comments
 

I'm assuming this is at Stevens. Look elsewhere for an MFE. The placement stats at Stevens are weak at both the masters and bachelor's level. Do some searches on linkedin and see how many Stevens Quant Finance and MFE graduates are working in back office/ops roles or unemployed.

 
IB_hopefulI'm assuming this is at Stevens. Look elsewhere for an MFE. The placement stats at Stevens are weak at both the masters and bachelor's level. Do some searches on linkedin and see how many Stevens Quant Finance and MFE graduates are working in back office/ops roles or unemployed.

You are correct about Stevens. I'm fine with BO or MO if that makes any difference. Eventually I hope to go to M7 for an MBA.

"The way to make money is to buy when blood is running in the streets." -John D. Rockefeller
 
Best Response
futurectdocAn MFE makes sense look at CMU, Berkley, NYU, Columbia, how is your GRE/GMAT/GPA?
I'm a sophomore so I haven't taken the GRE/GMAT yet. My GPA is ~3.78, I hope it'll stay there and I don't anticipate it dropping to under a 3.6. I am not looking for IBD, I'm looking more along the lines of S&T (derivatives) or HF derivatives again. Do BBs hire MFE grads without any work experience?
"The way to make money is to buy when blood is running in the streets." -John D. Rockefeller
 

Quis eum aliquid quia repudiandae neque. Nulla veniam inventore facilis pariatur veniam qui. Totam consectetur saepe ab. Et exercitationem tempore molestias reprehenderit nulla.

Dolores illo amet assumenda dignissimos nostrum error esse. Vel a possimus omnis ut sequi.

Veniam facere omnis iusto quod consequatur nulla. Nisi et recusandae rerum dolore qui. Aperiam corrupti expedita sit ducimus. Aperiam natus et facere facere. Nihil iusto velit voluptatem quia animi corporis iste. Aut qui voluptatum beatae magnam fugit voluptatem. Voluptatem qui omnis nostrum non.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”