MF or MFE? Vand,BC, Boruch,Nova and Tulane

Hello everyone,
I am a freshman in the forum so I would like to apologize If I don't follow some rules in the posts.
I have read many posts but as a friend here said, everyone's situation is a bit different.

First of all, I have a bachelor degree in finance and accounting, finance is my major with a 3,6 GPA (2nd in my class) from a European school not in the rankings of best schools.
Also my scores are: in Toefl 102 and in GMAT 640(Q:49 V:28)
I do not have any work experience because I have just finished my bachelor degree, but I have worked as tutor for a semester in my university in a lesson of financial and mathimatical applications in computers, (Maple and Matlab). Also I have a paper with econometric tests publiced.
However in my university there was not a strong interest in maths (only in statistics and econometrics) with only one course in maths. So I am good at calculus, linear equations, statistics and econometrics but I haven't taught differential equations. However, I love maths and I think that I am good at.
I also know MATLAB, Maple, spss and Eviews.
I am interesting in a master related to finance, but I don't know if it is better to choose a master in finance or a master in financial engineering. Do u think that if i study in the summer before I will manage a MsFE? Or should I only look for MsF? Which from both gives me more chances to find a job?
Finally, I would like to ask you your opinion about some universities which I am interested in and my possibilities to be accepted.
Vanderbilt
Boston College master in finance
Baruch Master Financial Engineering
Baruch MBA in Finance?
Villanova
Tulane
Do u have other universities to add?
I am looking for universities not very expensive in their overall cost (tuition fees 20-35,000) and to provide me with a high possibility of employment. I dont have a problem if it will be F/O, M/O or B/O.

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Comments (12)

May 27, 2010 - 1:35pm

I'd say Boston College and Baruch provide two different career paths: BC would be asset mgmt/banking, Baruch will be quantitative analysis/programming.

Boston College strongly prefers candidates with work experience, and it's placement ain't that great from what I've heard. Baruch MFE, on the other hand, is actually one of the top MFE's in the country (I know, hard to believe since it's Baruch, but it's true) and places well in NYC. If I had the prerequisite math/programming skills, I would take Baruch over BC anyday.

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Jul 13, 2010 - 4:00pm

I can't believe I missed this post.

You don't have enough math to really do a MFE. If you want to go this route then I would take some more math at a local school to beef up your application. As mentioned above a MFE and a MSF are two different degrees. Also, you need to ask where would you like to work? MSF's are pretty regional and will place well within certain areas.

BC does like WE, but I would still talk with them. I like their program a lot and think that it places well. Vanderbilt might be more friendly to you since you have limited WE, but make sure you are comfortable in a more southern environment. Villanova accepts no work experience and will place in Philly and NYC primarily. Tulane is good for down south, but I don't know how strong their placement is.

Forget the MBA. It isn't worth it right now.

Sep 20, 2013 - 2:41am

I am faced with a similar dilemma. Can someone please help me.!??
I have done Bachelors and Masters in Economics and currently working in BNY Mellon(India). By the time I join the course, I will be having an experience of 1.5 years(Economic research).
Which course should I opt for ?? MS in Financial Engineering or MS in Finance?
I wish to get in analyzing the factors and Finance side but NOT PROGRAMING jobs!!

Oct 10, 2015 - 1:45pm

MS Finance is better for you.
MFE is better suited for Engg/CS/Math/Physics kind of people who are excellent at programming/math and want to take quant finance as a career (which involves a lot of programming).

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