Oxford vs Chicago Booth

Master's in econ at oxford vs MiF (finance) at booth ($$ scholarship though cost is relatively similar in absolute terms). 

Looking to transition out of trad finance roles into the fintech startup space (hated my summers despite being good at the job).

6 Comments
 

Based on the most helpful WSO content, here's a breakdown to help you decide:

  1. Oxford (Master's in Economics):

    • Pros:
      • Oxford's global prestige and strong academic reputation, especially in Europe and the UK.
      • Theoretical and research-heavy curriculum, which could be beneficial if you're considering a PhD or roles requiring deep analytical skills.
      • Networking opportunities in the UK and Europe, particularly for fintech and startup ecosystems in London.
      • Lower cost compared to many US programs.
    • Cons:
      • The program may be more academic and less practical for transitioning directly into fintech/startups.
      • Limited exposure to the US market and networks, which could be a disadvantage if you're targeting US-based fintech opportunities.
  2. Chicago Booth (Master's in Finance with Scholarship):

    • Pros:
      • Booth's strong brand in finance and its focus on practical, applied learning.
      • Access to Booth's extensive alumni network, particularly in the US, which is invaluable for fintech and startup connections.
      • The scholarship reduces financial burden, making it a cost-effective option.
      • Chicago's growing fintech scene and proximity to other major US hubs like NYC and SF.
      • Flexibility in the curriculum to tailor your studies toward fintech and entrepreneurship.
    • Cons:
      • While Booth is strong in finance, it may not have the same academic prestige in economics as Oxford.
      • If you're targeting Europe or the UK for fintech, Booth's network may not be as strong as Oxford's.

Recommendation:

If your primary goal is to transition into the fintech startup space, Chicago Booth seems like the better fit. Its practical focus, strong alumni network, and proximity to the US fintech ecosystem align well with your aspirations. However, if you're leaning towards a more academic or research-oriented path, or if you plan to work in Europe/UK, Oxford could be a better choice.

Sources: School Decision for Investment Management: Booth / Columbia ($$) / MIT Sloan?, European Master in Finance programmes (pre-experience), https://www.wallstreetoasis.com/forum/school/uk-master-in-finance-advice?customgpt=1, Which masters to choose?, Finance PhD vs. Applied Math MSc

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

you told us 0 info. 

your citizenship, undergrad, previous work experience, which country do you want to work in etc etc. 

On face, a mif is prob going to be the better option into fintech than econ, but a degree is not really a prereq to fintech either. consider also the booth mif is only in its second year. 

 

Agreed. More info on your situation would make this easier to opine on, but fintech is a different animal than tradfi for sure. What role would you be interested in pursuing within the fintech firm? What did you do before? 

 

Illum voluptatem harum et recusandae perspiciatis. Esse in quia quo aut. Non qui perspiciatis a in molestiae in sed.

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