Incorporating MFin + MA Econ into MBA

If you go to a finance school like Booth can you essentially incorporate an MFin and MA Econ into your MBA?

Most MA Econ = macro, micro, econometrics, random electives (which could prob overlap with the finance ones)

Most MFin = (these seem to vary more, but I'm listing some common ones) derivatives, stochastic calc, time series analysis, portfolio management, risk management, interest rate/credit models, computational methods

Seems like most of the econ/electives ones are offered and some of the mfin ones are. Given that you take 20 courses, it seems like you could even do 1/5 on random topics and 4/5 heavy econ/finance and come out with nearly the same as the master's degrees.

Can you generally take courses offered by other schools outside of the business school? This might defeat the purpose of the social/networking aspect.

Would doing the above give you a shot at PhD programs at the same rate as doing a master's would?

I'm guessing these will be a little less in depth than getting the master's degrees, but getting the master's and the MBA would be crazy?

8 Comments
 

Because if you can take almost every mfin course within your mba then you're wasting a year and lots of $$ doing the mfin by itself. However, even in the more financey schools it looks like the courses won't be as rigorous as in an mfin program, which is why I was wondering if you can take a few courses outside of the b-school.

The ma econ seems like it'd be very easy to duplicate within an mba, less so for the mfin. Definitely think mfin -> work for a few years -> mba makes some sense, depending on how replicable it is within the mba.

 

I can comment on MBA + MFin at MIT - the MFin program can be mostly completed within an MBA degree, since all MFin classes are open to MBAs. This is except for the two 3-week courses required for MFins in the summer term, which you can skip if you are familiar with financial economics, A-D securities and state price densities. Then you can take all the other courses as electives during your MBA, though good luck in Analytics (15.450). It is the core required class of the MFin program, and every year maybe 10 MBAs register and all but 1 or 2 drop the course within 2 weeks.

 

Some schools allow MBA students to take MSF classes and some don't. Villanova's MSF classes don't allow MBA students in since MBA's tend to have a diverse academic background and you would have to start at a lower level of material to bring everyone up to speed.

Also, look at it like this. Doing an MSF and then rolling it into an MBA is basically a free option. You get a masters after 1 year and you can go get a job. If the market sucks or you aren't getting the interviews you want, stay another year and finish the MBA.

 

You seem to be very confused my friend: MA Econ = 2 courses Micro + 2 courses Macro + 3 courses Econometrics + 3 more courses out of subject areas (Industrial Organization, Game Theory). All these courses are pure math, totally different from those nice curves and text explanations you see in the undergrad Econ classes. None of these courses will be on MBA coursework. The math level is far too advanced for the MBA students. There are two categories of people who get MA in Econ. One category is almost all the Business PhD students will complete the Econ coursework and qualify for MA in Econ if they want to pay $50 and get the degree. The other category is Econ PhD students who fail the comps and get kicked out with an MA in Econ degree.

 

Seems like Booth has some more quant-heavy econ courses, could probably do some PhD level ones too. The other category is people who do them at places like NYU, LSE, UToronto.

 

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