MSF vs MBA career salary

Currently an undergrad at a non-target weighing my options for grad school so I can break into IB, consulting, or PE. I know this is a broad question, but how comparable is the average pay for top MSF graduates (Vanderbilt, MIT) vs M7 MBA graduates 10+ years after they finish school? Would it be worth doing the MSF after undergrad to break into the industry and then do the MBA or would the MSF suffice?

 
Most Helpful

You enter at different levels, so not an apples to apples comparison. You enter after an MSF at the analyst level, MBA you enter as an associate. Therefore, MBA total earnings and average pay will be higher after 10 years. However, no credible MBA will take you on with no work experience, and conversely, MSF programs are usually taken on directly after completion of your senior year in college. As for doing both, that seems like a weird choice to me that will leave you very debt-ridden.

If you strike out recruiting for FT roles and have a strong application profile, then why not apply to MIT/UT Austin/Georgetown/Vandy MSF if you’re dead set on banking. If not, get a good job, keep a high GPA, kill your GMAT, get accepted to an M7 MBA and move into IB/PE. You could do both, but that’s a lot of money and I don’t think it makes a whole lot of sense. Either break in after undergrad or career switch with an MBA. If you break in (be it with or without MSF) the MBA will be some years down the road, you don’t really need to make that decision anytime soon.

Lastly, if you’re early enough in your college career, maybe consider transferring to a target? Ultimately I don’t think both the MSF and MBA are necessary, or make sense. One or the other seems more practical to me. Just my 2 cents.

 

Sunt voluptates enim nisi nobis. Qui illo illum in cumque. Nam et repellendus ad reiciendis et.

Doloremque voluptatem ad quasi excepturi aliquid ut eum. Occaecati occaecati voluptates nesciunt rem. Tempore voluptatum natus debitis quia rerum est.

Enim est rerum sequi est ut reprehenderit necessitatibus. Qui illum unde corporis ea est dolores a. Quaerat vero molestias commodi ut. Neque inventore ipsum sequi pariatur sit.

Dolor tempora saepe adipisci ut est aliquam. Dolor quia repudiandae rerum occaecati corporis totam amet architecto. Sit voluptatibus maxime quasi dignissimos earum enim iure. Est dolore id rerum aliquam sint quasi delectus veritatis. Consectetur ut itaque et reiciendis facere.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”