Domain: tiger-web1.srvr.media3.us Masters degree in econ or finance? | Money Talk
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Masters degree in econ or finance?

Posted on 8/14/08 at 11:08 pm
Posted by TulaneTigerFan
Seattle
Member since Sep 2005
35856 posts
Posted on 8/14/08 at 11:08 pm
anyone have any advice on which would be more valuable in the job market?
Posted by canuk47
Baton Rouge, LA
Member since Mar 2005
122 posts
Posted on 8/14/08 at 11:22 pm to
i dont know but id assume finance. i just completed the gmat and am in the process of applying to lsu for the ms finance degree. should be fun!!
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 8/14/08 at 11:24 pm to
the job prospects for finance degrees are slim these days. Econ is not all that useful either.

Accounting or comp sci if you ask me.
Posted by TulaneTigerFan
Seattle
Member since Sep 2005
35856 posts
Posted on 8/14/08 at 11:47 pm to
quote:

the job prospects for finance degrees are slim these days


true, but i was hoping the market would improve by the time i was finished. and comp sci would be great but unfortunately my undergrad limits me to finance/econ/accounting. maybe i'll just move to cali and take the cpa exam, they have relatively low requirements
Posted by lynxcat
Member since Jan 2008
25074 posts
Posted on 8/15/08 at 4:13 am to
quote:

true, but i was hoping the market would improve by the time i was finished. and comp sci would be great but unfortunately my undergrad limits me to finance/econ/accounting. maybe i'll just move to cali and take the cpa exam, they have relatively low requirements


Can you not pass the CPA Exam unless they have low standards? (No offense meant, just a question)

Posted by TulaneTigerFan
Seattle
Member since Sep 2005
35856 posts
Posted on 8/15/08 at 9:34 am to
the exam is the same everywhere, but the requirements to sit for it are lower there. most states require a 5 year degree now, but in cali all you need is a degree in accounting with 21 hours of accounting courses
Posted by Wortivi22
Member since Dec 2007
885 posts
Posted on 8/15/08 at 9:42 am to
I doubt the job market will change much if you get an MFIN. It only takes two semesters at Tulane. But if you have connections, the MFIN can get you an energy trading job in Houston or Cincinatti, and as an HR friend of mine at Dyengy said, "the money the energy traders make is redonkulious."
Posted by TulaneTigerFan
Seattle
Member since Sep 2005
35856 posts
Posted on 8/15/08 at 9:45 am to
unfortunately, i decided not to pursue the energy trading program at tulane. and the job market really wasn't that bad for me this time around. i just had a few bad phone interviews and a ton of companies wanted to interview me in person and didn't want to pay for my travel. i'm thinking when the economy eventually rebounds and if i am in a better city things would go much more smoothly.

also, the MFIN programs tend to teach towards the CFA. i'm sure passing level 1 would only help
This post was edited on 8/15/08 at 9:54 am
Posted by Wortivi22
Member since Dec 2007
885 posts
Posted on 8/15/08 at 9:54 am to
My suggestion would be to get an MBA and have concentrations in Accounting and Finance. Or just a Masters in Accounting.

Mine were in Management and Finance. I work in the banking industry and happy with that. Not going to be Bill Gates, but I gave that dream up years ago.

And I understand about out of town interviews. I only had one company in Houston willing to pay for my travel expenses to interview. Lucky for me, they made a great offer, but the job market was different then. Good luck.
Posted by TulaneTigerFan
Seattle
Member since Sep 2005
35856 posts
Posted on 8/15/08 at 2:05 pm to
quote:

My suggestion would be to get an MBA and have concentrations in Accounting and Finance.


i don't think an MBA is a great idea without professional work experience. if i do ever get an MBA i'd like to maximize it's value

quote:

And I understand about out of town interviews. I only had one company in Houston willing to pay for my travel expenses to interview. Lucky for me, they made a great offer, but the job market was different then. Good luck.


yeah, it sucks. i've had calls from all over the country but it was mostly boutiques and they don't pay travel expenses

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