Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    0
    ReputationRep:
    Is it fair to say that MBA is better suited to a career change and improving job prospects in different industries and an MFi is better suited a current finance professional that wants to further strengthen their financial knowledge and improve job prospects in more specific industries?
    Offline

    3
    ReputationRep:
    (Original post by capitalP)
    Is it fair to say that MBA is better suited to a career change and improving job prospects in different industries and an MFi is better suited a current finance professional that wants to further strengthen their financial knowledge and improve job prospects in more specific industries?
    This is definitely a good way of putting it I'd say.
    • Thread Starter
    Offline

    0
    ReputationRep:
    yeh, thats the way I see it. See what a few morepeople think, but MFi is what I need to do it seems! rawr
    Offline

    3
    ReputationRep:
    Where and what are you studying at undergrad? Also, where do you plan on doing a Masters?

    If you have something like Math & Econ or Econometrics at undergrad, there's probably not a huge need to do an MFin/MSc, if you want a career in Finance... I think a postgrad Finance course adds value to candidates who don't have a specialised undergrad, or perhaps went to a non target university.
    • Thread Starter
    Offline

    0
    ReputationRep:
    Currently at Deloitte doing ACA. Id be looking at an MFi that requires work experience I guess, a better fit for me

    Computing +Mgmt at Leeds a while ago, hence the need for Cv pimpage. I woke up to the City late! stupid computers
    Offline

    3
    ReputationRep:
    (Original post by capitalP)
    Currently at Deloitte doing ACA. Id be looking at an MFi that requires work experience I guess, a better fit for me

    Computing +Mgmt at Leeds a while ago, hence the need for Cv pimpage. I woke up to the City late! stupid computers
    Ah I see. Well I guess it depends what you want to do - from what I've heard, the ACA could open up a few doors into IBD, but if you want greater opportunities in areas like Structuring, then you'd certainly be best doing a postgrad in something quite mathematical.

    You should check out Oxford Said and LBS' MFin courses, as I know they prefer candidates with work experience (pricey though, probably at least £25k). Alternatively you could look at MSc's offered by unis like Imperial or Warwick, since as far as I'm aware, they're pretty highly regarded in the city.
    • Thread Starter
    Offline

    0
    ReputationRep:
    yeh LBS is on my radar, money isnt really an issue as this is a long term decision.

    At the moment Private Equity is my goal, ACA is step 1 and I fear I might need a step 2
    Offline

    3
    ReputationRep:
    (Original post by capitalP)
    yeh LBS is on my radar, money isnt really an issue as this is a long term decision.

    At the moment Private Equity is my goal, ACA is step 1 and I fear I might need a step 2
    Give it a try first, before making such a big commitment. If you fall short, then you know you need to take the next step and get onto a Masters course. How long's left til you get your ACA (provided you pass them all)?
    • Thread Starter
    Offline

    0
    ReputationRep:
    I dont have first time passes and this is really playing on my mind. Though most people I know dont either...it seems a legacy left over from the old style syllabus that its a pre req

    I am time qualified, next year in Nov. Got final 2 application stage in Sep, then Advanced are next year in July.

    All being well I get my GMAT done in the gap, then start thinking about MFi if I dip my toe in the water and get laughed at.

    Luckily my work experience is mostlycashflow modelling and structured finance so I am not a total dud

    I also thought if I do MFi I line up internships to get a better taste of what I want to do. This is genuine decision to find something I want as a career, not about money. E.G I am pretty sure trading is not for me after speaker to mates who are traders.
    Offline

    0
    ReputationRep:
    I'd also take a look at some of the masters courses that Cass offer, they're very specialised and might be just what you need to get into IB
    • Thread Starter
    Offline

    0
    ReputationRep:
    cool ty. do you know if they offer an courses that are for people with work experience?

    I just dont want to be 'the old guy' on a course with fresh faced Msc students
    Offline

    3
    ReputationRep:
    (Original post by capitalP)
    cool ty. do you know if they offer an courses that are for people with work experience?

    I just dont want to be 'the old guy' on a course with fresh faced Msc students
    Wouldn't worry about this to be fair, many Masters courses have people in late twenties and beyond - check the websites for average age enrolled, most disclose this.
    Offline

    0
    ReputationRep:
    Note that what the OP said is mainly the case for Europe, MBA is still almost a pre requisite in the US rather than the MFi
    • Thread Starter
    Offline

    0
    ReputationRep:
    with my ACA I believe the MBA will give me less when aiming for a career in Finance
    Offline

    0
    ReputationRep:
    Much better networking while doing an MBA, though. If you already have some experience this is something important to consider.
    • Thread Starter
    Offline

    0
    ReputationRep:
    this MFi is only for experience aswell. I dont see how the networking aspect differs from an MBA
    Offline

    0
    ReputationRep:
    (Original post by capitalP)
    this MFi is only for experience aswell. I dont see how the networking aspect differs from an MBA
    They don't; especially at places like LBS and Said (Oxford) - argubably the two best business schools in the country - and to a lesser extent, Cranford.

    Externally you typically have the same networking ops in the sense that firms etc all establish a presence on both types of courses at top institutions (i.e. the aforementioned), but MBA classes tender to have a broader and more peered class intake, thus naturally opening a wider range of networking ops (i.e. internally as oppose to externally). Nonetheless, this is more an issue in the US, not so much the case here in the UK.

    Good luck.
 
 
 
Reply
Submit reply
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Updated: July 24, 2009
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Brussels sprouts
    Useful resources

    Articles:

    Guide to investment bankingGuide to consultancy

    Featured recruiter profiles:

    Deutsche Bank logo

    Deutsche Bank is recruiting

    "Thrive in an international banking environment"

    Quick link:

    Unanswered investment banking and consultancy threads

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.