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MIT - MFin ($) vs MBan

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Current Student
Joined: 30 Sep 2018
Posts: 21
Location: Ireland
GMAT 1: 770 Q49 V48
MIT - MFin ($) vs MBan  [#permalink]

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New post 12 Mar 2019, 00:29
Hey everyone.

I posted once before with a broader list of schools, but have narrowed my decision down to the following two programs:

MIT Business Analytics (12 months, 20k project aid - 57k fees left)
MIT Finance (18 months, ~30k fellowship - 70k fees left)

In simple terms, the analytics course better suits where I am coming, but I would argue that the finance course is more aligned to where I want to go. Undergrad in Management Science and Information Systems, coming from Ireland. My main concerns are:

1) Reputation - The MFin has been around a lot longer, while the MBan is currently in its third year. I have heard both sides from current and past students - the MBan is turning recruiters heads and it is easier to find a job, and that the MBan is too new and the MFin will leave you better off.

2) Career - I have an interest in working in a hedge fund or similar (fundamental or quantitative), but I am going to MIT with the hopes of finding a calling. I am open to something else catching my eye that excites me enough to pursue a career in it. I'm not sure I want your typical Data Scientist/Analyst style career, but are there many other options coming out of the MBan?

3) Money - It is nice to receive fellowship money, and would be a proud day to say I was a fellow of MIT. I'm not sure if this has any weighting anywhere outside my own head. In my mind, the extra 20k or so in fees is worth the opportunity to do an internship in the US and potentially earn the money back.

4) Course Size - the MBan is about half the size, if not smaller, than the MFin. Will the smaller size pose advantages when it comes to networking and recruiting?

Ultimately, it seems like with the flexible nature of both courses I could craft a finance-focused MBan degree or an analytics-focused MFin degree. It feels like there is no real wrong choice - but any thoughts and comments would be greatly appreciated.
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MIT - MFin ($) vs MBan   [#permalink] 12 Mar 2019, 00:29
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