How Useful is an MFin?

I'll keep this short and sweet so anyone who reads this can get some quick answers. I recently graduated with an Econ/Finance bachelors from a non target with 18 months of internship experience, 8 of which was fundamental market research at a bulge bracket (think MS, GS, BofA). Unfortunately no return offer despite 2 summers and glowing reviews across the team because the they didnt have a seat to fill. Looking at furthering education because the job market sucks.

The questions I have are:

What kinds of careers can you pursue with an MFin? (Please specify U.S. MFin or Canadian MFin & geography of job market)

Do any Investment Banks recruit out of MFin programs, if so from what schools?

Is it better to do an MFE or MFin?

Any recommendation on MFin/ MFE programs that have good placements?


I know lots of people are looking at education because the job market sucks so if you have any info to drop im sure there will be tons of people, myself included, who will really appreciate it!

Thanks in advance,

Big Kahuna

3 Comments
 
Most Helpful

My two cents, went to a super non-target for my BS in Finance and decided to pursue MsF since I was unsuccessful at landing a FT role in IB.

Went to another non-target for MsF, completed SIE, fully prepped for 79 and obtained the FMVA designation.

Networked hard as sh1* and got a FT IB role at a lower middle market bank in northern california.

Anything is possible, if you do MsF don’t waist your time. I know I’m preaching to the quire but it does make senior bankers take you more seriously. You also have great internship experience which I see as a one two combo. Just focus on which schools have the best alumni in the career you are looking at and that should help. Cant really speak for MFE but I would assume it would be as easy as an MsF. Most MsF programs are not that hard and professors understand you ate working FT outside of school. Your basically just paying for a degree.

 

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