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So for most people, the choice on an MIT MFin vs. MIT MBA is pretty clear.

I hate to say it, but is one year and $65K of your life really going to be decided by which program is easier to get into?

If you are coming from trading and/or going back to trading, an MIT MFin is probably the way to go.

If you want to do something else, go for the MBA.

If you're thinking about an MFin, it's hard to mention MIT without also mentioning Princeton. Princeton requires a bit of a stronger math background, but if you have a STEM undergrad, you probably already have that. Princeton is also a lot more open to experienced candidates than MIT, which seems to go after folks straight out of undergrad often from foreign universities.

 
macro_trader:

The MBA is 2-3 times easier to get into than the MFin

In terms of admissions stats, sure, but a lot of those applicants would never dream of getting into Sloan's MBA program and a lot of those admits wouldn't have been taken for the MBA program.

It's really almost two different classes of people.

If you are more than two years out of undergrad, it's probably easier to get into MIT Sloan's MBA program. If you have the extra $65K and extra year, it may also be better for your career.

 

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