First time visitor and user of this site, but have heard some good things. Anyway, I'm looking to shift into finance (ideally S&T or IM) after spending 5 years in consulting. My finance experience is limited, apart from a college internship at Lehman in a middle/role, and an Equity Research role for ~6 months at a hedgefund / mutual fund immediately after graduation. As a result, I applied to some MBA programs in order to make the transition to finance, and am currently deciding between Chicago Booth, Dartmouth Tuck, and London Business School. At the same time, I've had some folks tell me that the MBA isn't the best route, and that a CFA or a Master's in Finance would be a better approach. Looking for any advice here on:
a. Whether an MBA is even the right route
b. If so, which school would be the best
My current evaluation has me leaning toward Booth, given its quantitative focus and the specified nature of some of the classes. They also gave me a scholarship for 50% tuition. On the other hand, my favorite school in terms of fit and all was Tuck (~25% scholarship), and I've heard great things about the network, which I think will be especially important for facilitating such a career shift. LBS is lower on my priority given what a mess Europe is right now, but it's reputation for finance was what drew me to it.