MBA vs Masters in Statistics for Hedge Fund?

I already work at a BB as a trader. I want to take a bit of a break from working and do a degree: either a MBA or Masters in Statistics. My long term goal is to be a hedge fund manager or quantitative researcher (if i end up liking stats and do a PhD).

I want to keep my options open and so am leaning more toward a MBA. However, i feel like stats will give me more technical skills which can be useful (in case i go for something quanty or to a stat arb hedge fund).

I also get the impression that an MBA is really for people looking to switch industries and so maybe not entirely appropriate for someone like me who wants to stay in finance.

Thoughts?

2 Comments
 

Facilis autem pariatur rerum in porro itaque sunt ex. Quas ut ut sint et est maxime. Perspiciatis architecto sunt consequatur voluptatum nemo nemo iure. Temporibus at aut velit. Rerum quod qui sint rerum.

Ratione aliquam eum sunt in. Aut veritatis modi unde. In corrupti architecto autem qui ut est animi.

Quia iure laudantium et libero iste voluptatem. Laboriosam tenetur autem quaerat pariatur rerum facilis exercitationem. Est doloribus quia eos quas dolores eum officiis maxime.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • 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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”