Hello, Guys. Synopsis: I am 28, I completed my Bachelors in Comp Sci and Mathematics, Dual Major in '99. I have owned and operated a telecom company for the past 6 years. Sold it this year. Now my goal is to get onto a trading desk. I wanted to know what is a better method of doing so, by going through an MBA program or an MFE program. Thanks.

was ur company MCI or ATnT

I think it depends on the kind of trading you want to do. Most traders are supported by quants, the people who create the models. In my experience these are the people that graduate with MFE's and often end up supporting senior quants who have PHd's. Typically they fall into a more programming type role. There are exceptions. If you want to go into prop trading and do something such as stat arb, an MFE would be invaluable and an MBA will do virtually no good. On the flip side, pure cash traders don't need to know anything that is in an MFE cirriculum, nor do they really need anything contained in an MBA. However, an MBA puts you in a good position to recruit for such positions. If I were in your position, I would apply to the top 5 or 10 business schools for your MBA, and assess your mathematical ability. If you think it's sufficient, and you feel you have a strong enough background to support an application to an MFE program, apply to the ones that seem desirable for you. The are less rigidly ranked and I think you choice is more subjectively dependent on overall school name, access to the companies that come to the school to recruit, and geographical location. If you get admission to a top bschool, I would take that... of course unless you are really passionate about the more quantitative side of finance (modelling, programming, etc...). But, this doesn't seem to be your case.Long winded explanation... and I'm sure people will have other suggestions. Just my $0.02.Good Luck!