MSF Degree (not a MSF vs MBA thread)

wanted to know ppls thought on getting only an MSF...
this is not a "which is better MSF vs MBA" type of question
but rather if you got a MSF from a great program such as MIT. Princeton, LBS etc
and had designations such as CFA, would that be sufficient to continue on your
career to PM or MD or anything else that usually would usually require an MBA?

Thanks

 

Becoming an MD doesnt have much to do with getting an MBA. Just need to be personable, and have a salesman personality. The MBA just helps with recruitment as an associate.

An MIT, or whatever other top MSF would definitely suffice for a PM role.

Array
 

@cries: i guess your right...as long as you bring in business I guess it wouldn't matter but having the credentials to even be considered for a top position in IB, ER, HF, AM etc...was what I was getting at...issue with the "glass ceiling" i guess your right in terms of advancing in the PM type of role as long as your have the expereince/decent creds... good insight

@presdient: little more wouldn't you say?

 
Best Response

It depends on a lot of things. Really hard to say since the MBA is much more common at this point. I do know of one MD with just an MSF, but he is at a smaller MM shop and only one data point. The MBA is a branding tool and only two programs in the US have the brand weight to compete with the MBA. In Europe it is a different story, but Europe is a more mature market for the MSF.

The problem with the MSF is that it is a focused graduate degree. MBA's are broad and diverse, allow you to build a solid network and build yourself as well as your resume. An MSF is niche and doesn't deal with that other stuff. Your network is only finance people also.

From my experience and conversation with others I can attest to the fact that having an MSF will carry some weight once you get in the business, but right now a top MBA is still the standard course. As more MSF grads move up the ladder and the degree gets more and more mature you will see people with just an MSF in more senior roles. You just need to wait.

 
ANT:
It depends on a lot of things. Really hard to say since the MBA is much more common at this point. I do know of one MD with just an MSF, but he is at a smaller MM shop and only one data point. The MBA is a branding tool and only two programs in the US have the brand weight to compete with the MBA. In Europe it is a different story, but Europe is a more mature market for the MSF.

The problem with the MSF is that it is a focused graduate degree. MBA's are broad and diverse, allow you to build a solid network and build yourself as well as your resume. An MSF is niche and doesn't deal with that other stuff. Your network is only finance people also.

From my experience and conversation with others I can attest to the fact that having an MSF will carry some weight once you get in the business, but right now a top MBA is still the standard course. As more MSF grads move up the ladder and the degree gets more and more mature you will see people with just an MSF in more senior roles. You just need to wait.

ANT, your insight is is always spot on, but I have to respectfully disagree with your 'msf doesn't deal with that other stuff' comment. I know MSF's at some schools, ex. Vandy, go through the same networking, personal branding, and job search training as Vandy MBA's. MSF's, at least in the mentioned program, are encouraged to attend all MBA networking events and forums, and are able to take MBA classes. They tend to build strong networks through most MBA contacts. Some students in that program got most of their links to positions through MBA's. On a side note, thanks for promoting the MSF as you have, I know it is doing wonders for the degree.

 
bean:
wanted to know ppls thought on getting only an MSF... this is not a "which is better MSF vs MBA" type of question but rather if you got a MSF from a great program such as MIT. Princeton, LBS etc and had designations such as CFA, would that be sufficient to continue on your career to PM or MD or anything else that usually would usually require an MBA?

Thanks

Being " a PM or MD" does not require an MBA to begin with so the question is difficult to answer.

 

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