Already have an MBA - Chances at MFE/MFin?

Hello everyone,

I need some urgent clarification regarding MFE/MFin applications.
Just to give a bit of background, I went to a top business school in India, right after I graduated from undergrad (engineering). Over the course of my education there, I became interested in exploring the subject of Finance in greater depth, and now that I just graduated from my business school, I have decided to take the CFA and FRM. More importantly, I also plan to apply to some financial engineering and MFin programs in the US, next year.

I should clarify that it is normal practice for people in India to go to business school right after undergrad, and MBA in India is, for all practical purposes, equivalent to a basic, almost-bachelors level MiM degree. For example, graduates from there get into investment banks as analysts, rather than associates, as in US business schools.

My question is this: Will my MBA render me ineligible to apply to the MFE/MFin programs, or am I allowed to explain my situation and motivations to the school through my essays? How badly do you think the MBA hurts my chances?

 

Sounds like it's not gonna hurt your chances as long as you explain that Indian MBA's work differently. Make sure you explain why you want another masters degree (since your MBA already functions like a masters degree)

 

This is common among Indian applicants. The MBA will make it a lot harder when applying to US MSF programs. Less so for the MFin.

 

Could you please explain to me the difference between an MSF program and an MFin program? I'm just starting out, so I don't know how to distinguish between the various degrees/designations.

Also, could you suggest how I should go about mitigating the negative effects of my MBA on my application? (After all, it was my MBA that got me interested in exploring Finance in depth in the first place)

 

Honestly, it's depends if a program wants to use and acronym or an abbreviation. The only MFin I know of in the USA is Princeton. Their program is more of a MBA substitute and more of a math MSF. I suppose if you compare the one instance in the US, the difference is the amount of math involved.

 

Perferendis accusantium ratione in iusto eum voluptas. Quaerat adipisci laborum veniam rem explicabo consectetur aut. Tempore aut sit placeat sit et. Aut esse similique veritatis. Sit voluptatem et doloribus soluta.

Est omnis voluptate nam illo. Ut alias ut nam laboriosam qui qui. Et qui et aliquam optio laboriosam sint.

Corporis placeat quis aut aut error voluptatem. Hic et quae accusantium ad voluptatem et voluptatem. Unde quia cupiditate fugiat voluptas itaque qui. Animi iure rerum a consectetur optio optio. Ab facilis nemo fugit in id necessitatibus qui. Veniam quia quia aut est. Veniam aspernatur repellendus eaque unde suscipit provident est.

Nam recusandae dolor distinctio repudiandae eius vel. Natus deleniti ratione quo sequi maiores ipsum sed. Aut libero quisquam autem et aut molestias molestias vel. Rerum quod eaque provident rerum voluptatem corporis accusamus.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”