Manager
Joined: 16 Mar 2010
Posts: 84
Location: Halifax, Canada
Schools:Dalhousie School of Business (Corporate Residency MBA)
Re: MBA vs Msc Finance
[#permalink]
31 Mar 2010, 12:18
In my opinion, the MBA (in general) will offer a wider variety of options and "backup" opportunities. Even though you have a fairly focussed short and long term plan, things can go awry, you can discover new passions, etc. The MBA degree I think is much more widely recognized in the business world than an MSc. Even though you're looking at an MSc Finance, that degree, while a lot more specific than an MBA, might not communicate its worth as well and and as widely as the MBA.
Through my MBA experience and exposure to finance, I've learned that it can be dangerous to silo up business functions. Even though the traditional organization is: Finance/Accounting Dept., Marketing Dept., HR Dept., etc., ... I think in this increasingly globalized world that every businessperson should have been exposed to most, if not all, business aspects regardless of their concentration. This is why I think an MBA will give you greater flexibility and appreciation for your career.
Of course, you have to then look at each individual program to make that final choice, and see if the program as whole will fit your goals and aspirations.
Good luck!
</2 cents>