MIT MFin Worth it for someone with 3+ years of experience?

I have 3+ years of experience in securitized / synthetic credit markets and now work at an alternative asset manager. Applied to a few graduate programs to see where I get in and just got an acceptance from MIT.

While it's a great school, I'm not sure if I'll have any career advancement by attending it. I think I can easily network my way to my next job, if any, and don't think I'll learn anything particularly new or impressive, Another issue is, it's really geared more towards people with less than 2 years of experience.

Any advice?

6 Comments
 

It seems like you're already in the industry that the MIT MFin is designed to open up to younger professionals. I think your concerns are valid. Additionally, the price of tuition at 75k is steep. Unless you feel like you need to take some courses taught by Lo, Merton, etc. then attending might be a waste. I wouldn't go if I were you. Good luck!

 
masterg

Doesn't sound worth it at all. Why did you even apply?

Just applied to this school along with Princeton Mfin (which I would have gone to if I'd gotten in), Berkeley (still waiting to hear, might consider), Harvard (MS Statistics) and Stanford (MS Statistics). The reason I applied to these schools is cos I want to upgrade my quant skills to get on to the HF side. I don't really have to go to school again as the work I do now is very similar to what I'm targeting.

Seems networking might help more in my case than going back to school.

 

If you plan on staying in Asset Management, i think your time will better be spent going for a CFA. MIT might make sense if you royally fcked up your undergrad GPA and are having trouble getting your foot in the door b/c of that. You've already broken in tho, so scratch that. It might also make sense if you want access to recruiting. But i'd assume the roles would be more quanty...idk just my opinion.

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