<p>How would this be received by the admissions, is it frowned upon or okay? I was looking for a job in finance since I know many economics majors go that route. Is this a good idea? Would the masters in finance be considered more than the bachelors degrees when looking for a job?</p>
<p>Of course, the regular Masters in Finance programs probably will require an introductory finance, accounting, micro and macroeconomics classes. If you do not have these classes already, most schools let you take them the summer before classes start. If you major in Mathematics you will have a much better chance of getting into Financial Engineering programs, which are heavily quantitative. A lot of the best schools have Financial Engineering programs like Berkeley, Columbia, Stanford, Michigan, UCLA, etc.</p>
<p>You don’t think that a background in business would be needed? Because where I go for undergrad the business school is separate and I’m not in that, but I was considering finance for graduate school, and that would require getting into the business school at the graduate level, so do you think that would hurt if I went that route?</p>
<p>To summarize, would I want a Masters in Finance or MBA in Finance, with a double economics/math bachelors degree?</p>
<p>what do you want to do? let’s answer that question first.</p>
<p>A Masters in Finance is much more technical and you will mostly take finance classes. With an MBA in Finance you will probably take about 4 classes in Finance, everything else will be a little bit of marketing, strategy, leadership and organizational leadership, etc. The other difference is that most MBA programs require at least 2 years work experience and with the MSF it is recommended but not required. The average starting salary for MBA programs is much higher because of the work experience requirement.</p>
<p>Check this out: <a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?;
<p>I have an MFin from Tulane and can tell you that it definitely prepares you for finance work better than an MBA . At TU, in one calendar year you take more finance classes than an MBA with a concentration in finance will have taken over two years. It’s a great stepping stone to structured products, equity research, or a PhD in Finance if that’s the route you want to go. It’s definitely respected in terms of a degree but it’s not well known. People know MBA, but they also understand what a Master of Finance is as long as you don’t refer to it as an MFin. There is an advantage if you don’t have the work experience for an MBA but want to move into serious finance work straight out of school. I worked for two years before going back to get my MFin. The age/experience range for my class was 22 year olds straights out of undergrad to a 37 year old former floor trader who already had an MBA and wanted more specialized training. The age/experience range in between ran the gauntlet in our class as well. Both degrees certainly have their pros and cons. The article luisg99 posted lists one reason people choose MFin’s over MBA’s. I didn’t want to have to sit through marketing and general management classes. I wanted to work on my quantitative skill set. The MFin gave me 34 credit hours of straight finance coursework in one year. </p>
<p>Economics and math are good preps for both the MFin and definitely for an MBA. Finance is all math. A sound understanding of economic theory is also a great reference to have when crunching the numbers for financial instruments or valuations for project finance situations. </p>
<p>Both degrees are respected, holding the institution issuing it ect. constant. The most important thing to consider is what you want to do as the_prestige mentioned.</p>
<p>I appreciate the responses. I don’t want an MBA after looking through it, I am interested in just the masters in finance.</p>
<p>I don’t know specifically what job I want, but I am interested in some type of finance career, since a lot of the high paying jobs for economics majors are in that area. I do not want business management. Therefore, if I finish my economics bachelors, since I would be competing with finance majors, I would think the masters in finance would not only allow me to compete stronger, but give me a good understanding of that field, which I think I would need. That’s why I am double-majoring with math because I wanted to go that route in economics.</p>
<p>Accounting and finance jobs I am looking at, but I figure that economics and math would prepare me more for a finance career.</p>
<p>The problem is im not sure if I can get into a graduate program, and if I can’t let’s say, is that double major enough to land a good job?</p>
<p>It’s hard to say. It depends on your gpa. If you have a 3.7 with an econ/math degree, yes, you can land a good job. If it’s a 2.7, then you’re going to have trouble.</p>
<p>I am an economics major with a business minor. I got accepted into WashU MSF, Bentley MSF, and Duke’s MMS without any post-graduate experience.</p>