Could MFEs use their degree as a traditional Master of finance? And getting that type of job?

You can do anything with anything if you put your mind to it!!However, MFEs concentrate in these areas:Mathematical Methods used for pricing - Analytic vs. numericFinancial Econometrics - Learning all about the Linear Regression model and best estimatorsPricing of derivativesRisk Managementwhereas an MSc in Finance is all about accounting - Balance sheets (on/off), Cash Flows and Income statements. There is probably some cross over but not much.Basically and MFE is for Front Office and Front Office supporting roles (traders, quants & possibly Product Control)whereas an MSc is for the Financial Control of a bank............. quiet an important area - especially at the moment

QuoteOriginally posted by: BlackSwan2Could MFEs use their degree as a traditional Master of finance? equity analyst/portfolio manager ?possible, but you're not really trained for it

QuoteOriginally posted by: ppauperQuoteOriginally posted by: BlackSwan2Could MFEs use their degree as a traditional Master of finance? equity analyst/portfolio manager ?possible, but you're not really trained for itNot true. If you look at Berkeley's MFE there is pretty decent training on portfolio management. In fact, BGI hires many students that end up as PMs.

Have you completed your MFE ? Why do you want to get a core finance role with a MFE.If you wanna get into a pure finance role get a M Fin.

QuoteOriginally posted by: NomadeQuoteOriginally posted by: ppauperQuoteOriginally posted by: BlackSwan2Could MFEs use their degree as a traditional Master of finance? equity analyst/portfolio manager ?possible, but you're not really trained for itNot true. If you look at Berkeley's MFE there is pretty decent training on portfolio management. we disagree

QuoteOriginally posted by: phil451whereas an MSc in Finance is all about accounting - Balance sheets (on/off), Cash Flows and Income statements. There is probably some cross over but not much.Are you sure? If this is the case, why don't we call it MSc in Accounting?

Accounting is an art and not a science. My advice: suppliment your MFE with a CFA charter. That will give you more options at least in traditional finance roles. Most M Fin courses are patterned around the CFA curriculum and it involves accounting, financial analysis, and company valuation.

Thanks Jomni. Could you please elaberate what type of traditional finance role MFE+CFA could consider? Will private banking / wealth management a good option?

Does MFE+CFA makes any sense? It looks like a Jack of all traits.I don't think there is much common in MFE and CFA.A better and traditional combination would be MBA+CFA or MFin + CFA.That's my view.Wanna hear what others have to say ? The logic behid MFin+CFA is that you become nicely prepared for finance roles and your loopholes in CFA are covered.For MFE roles a C++ experience with MFE would be better than MFE+CFA.

Isn't the idea is: MFE and CFA compliment each other?

QuoteOriginally posted by: BlackSwan2Isn't the idea is: MFE and CFA compliment each other?The question is what is the intersection between the two.Better look at syllabus of two,they are totally different.I don't know how they can compliment other than by allowing you to apply for wide variety of roles which may be correct in the given scenario.The correlation coefficient between MFE and CFA is close to zero.The same cannot be said for MBA/MF and CFA.The problem is CFA alone will leave some loopholes so its better to plug those than trying to learn something new in a MFE.

Depends on your cliteria.Isn't having two sets of knowledge that do not have a lot of redundant subjects more valuable than paying for two courses that are exactly the same?CFA + MBA = good combinationCFA + MFin = not good for me because it's exaclty the same subject matter in most cases.CFA + MFE = good combination because there's little intersection but they are still related topics

Well according to my friend at Berkeley, he passed CFA level II and III because what he learned at MFE. Believe it or not, except for the economics and financial statement/accounting part, everything else is highly correlated with CFA curriculum.

>> Well according to my friend at Berkeley, he passed CFA level II and III because what he learned at MFEI am not surprised at all. Berkeley is a tweaked MBA not a finmath degree. IMO.