10 Comments
 

Also, what are the different career possibilities?

"If Henry Ford had asked people what they wanted, they would have said faster horses." -Steve Jobs
 

getting an mba is generally less specialized than a masters in finance. getting an mba is like a general business degree versus a msf, which will specifically target financial positions

 

MBA is more general, but to have a real comparison you probably want to compare specific programs. MBA is focused on developing both hard- and soft-skills (leadership, teamwork, negotiations, business strategy). MSF or MA is more focused on analytical skills and arguably prepares better for entry-level roles (many MBA programs can give you solid hard skills as well).

 
jgc2122What are the differences between an Masters in Finance and MBA?
If you want to succeed in college next year, you need to learn other research techniques besides the interview. Google is a good start.
 

MBA Finance: you'd get management training with an emphasis in finance. you have the option to take finance classes but also other courses in leadership, strategy, marketing, operations, supply chain etc.

MSF: you would get finance skills. http://www.princeton.edu/bcf/graduate/core/

It's not the Harvard MBA, but what you *do* that defines you. But who are we kidding, it's all HBS.
 
Best Response

Dude, you should have come to the conference! We had a panel on this.

An MFin is either a fifth year of college or if you have several years of prior experience, a thrifty finance specific MBA.

Recommended for:

-those paying cash or using employer's money. -those with state school x on their resume who want Cornell, Columbia, MIT, Princeton, Stanford, or CMU too. -Those with STEM undergrads. -Those with prior finance experience.

Not a good idea if: -Borrowing money to pay. -If you can get an FO job straight out of undergrad, or for second tier schools, if you can get an MO job out of undergrad.

There are 30 valuable schools for MBAs. For MFins and MFEs, I would argue that the list narrows to ten:

-Princeton -MIT -NYU -Cornell -Columbia -Stanford -CMU -Chicago -Villanova (2nd) -Vanderbilt (2nd)

Half of these schools will take anyone with the engineering math sequence, a 3.5 undergrad GPA, and 800 GRE Q who can write a coherent personal statement.

 
IlliniProgrammerDude, you should have come to the conference! We had a panel on this.

An MFin is either a fifth year of college or if you have several years of prior experience, a thrifty finance specific MBA.

Recommended for:

-those paying cash or using employer's money. -those with state school x on their resume who want Cornell, Columbia, MIT, Princeton, Stanford, or CMU too. -Those with STEM undergrads. -Those with prior finance experience.

Not a good idea if: -Borrowing money to pay. -If you can get an FO job straight out of undergrad, or for second tier schools, if you can get an MO job out of undergrad.

There are 30 valuable schools for MBAs. For MFins and MFEs, I would argue that the list narrows to ten:

-Princeton -MIT -NYU -Cornell -Columbia -Stanford -CMU -Chicago -Villanova (2nd) -Vanderbilt (2nd)

Half of these schools will take anyone with the engineering math sequence, a 3.5 undergrad GPA, and 800 GRE Q who can write a coherent personal statement.

I know you lumped MFin and MFE/MSFM's together there but aren't they quite different? I know Princeton and MIT call their programs MFin but they seem more like MFE/MSMF.

 
I know you lumped MFin and MFE/MSFM's together there but aren't they quite different (with the exception of Princeton and MIT who call their programs MSF but seem more like MFE/MSFM)?
The programs are all different, but if you are trying to get into banking, I am lumping them all together.

Not a whole lot of schools have either MFin or MFE programs. And for someone who needs an MFin program to get into the FO, there are only a handful of schools that will do the trick. Furthermore, for someone already working for a bank (FO, MO, or BO), there are only a handful of schools that aren't a step down.

 

MBA is generalized and for people with work experience

MSF/MFIN/MFE are specialized and ok for people without work experience

MSF is corporate finance and more banking orientated. CFA type material

MFIN is more math focused and tends to be banking/trading

MFE is math/programing focused and more for trading/quant stuff

 

Vel et a rerum architecto. Et quas deserunt accusantium laborum.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Mimbs's picture
Mimbs
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...”