MBA v/s MFE(MSCF)

Hi,
I'm 24 yrs old, IIT graduate from India with 3.5 GPA.Currently(~8 months) working in a sell-side firm(GS/MS/JP), with prior 1.5 yrs experience in Fortune 500 firm Risk Mgmt/Analytics firm. Need to decide if I should be focussing on MBA or MFE programs. My aim is to get into hedge funds, trading domain. Or an MS in data science would be more useful to achieve this?

Thanks a lot.

Region

Comments (6)

 
Oct 18, 2017 - 11:45pm

Berkeley MFE here. MBA certainly offers better networking opps, whereas MFE/MFM programs can instill in you practical skills and knowledge. Having said that, in terms of actual trading and the acumen needed to become a trader, no program can really teach you that -- that's something you'll pick up on-the-job once you get into trading.

If you have sufficient technical background, I'd recommend MFE/MFM programs which are typically 1-1.5 yrs, and your internship during your graduate study will pretty much determine where you end up after graduation.

If you're really set on going into trading, and in particular at HFs, then aim for a trading internship during the program, and if you do well / they like you, then you're all set!

Same could be said of the above for MBA, but MBAers are generally not as technical/quantitative as the MFE/MFM crowd, so it all depends on what you want to get out of your studies and what kind of role you want to land afterward. In particular, if you want to pursue more of a quant/quant-oriented trading role, I'd highly suggest you pursue MFE/MFM over an MBA.

Start Discussion

Popular Content See all

Girlfriend vs PE
+101PEby Investment Analyst in Private Equity - Growth Equity">Investment Analyst in PE - Growth
First year analyst, still feel incompetent and like I haven’t learned anything
+33IBby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A
Friends in IB are chilling hard, how can I get this?
+21IBby 3rd+ Year Associate in Private Equity - LBOs">Associate 3 in PE - LBOs
Q&A: Associate at MM Private Equity fund
+18PEby 1st Year Associate in Private Equity - LBOs">Associate 1 in PE - LBOs

Total Avg Compensation

January 2021 Hedge Fund

  • Vice President (18) $520
  • Director/MD (10) $359
  • Portfolio Manager (7) $297
  • Manager (4) $282
  • 3rd+ Year Associate (18) $269
  • 2nd Year Associate (26) $251
  • Engineer/Quant (48) $234
  • 1st Year Associate (61) $189
  • Analysts (179) $168
  • Intern/Summer Associate (14) $125
  • Junior Trader (5) $102
  • Intern/Summer Analyst (199) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.7
6
frgna's picture
frgna
97.6
7
NuckFuts's picture
NuckFuts
97.5
8
Edifice's picture
Edifice
97.5
9
bolo up's picture
bolo up
97.5
10
Addinator's picture
Addinator
97.5