hi forum members,

Suppose I want to do an MBA with a focus in financial engineering (my background is in risk management and I'd like to stay in the backend generally or go into some kind of corporate finance role.) Which of these would be the best for me:

York Schulich MBA with concentration in financial engineering
NYU Stern MBA with specialization in quant. finance
CMU Tepper dual MBA/MS in computational finance

The Tepper program I'm strongly considering because it covers a wide breadth of topics and is not that much longer than just the MBA at Stern. But of course, NYU would come with more prestige. Schulich I am relatively unfamiliar with but it seems to be well regarded.

Do you really need an MBA? Why not just take an MSc in Finance, or something else that focuses on the quant... LBS' Master of Finance comes to mind, but Imperial also offers an MSc in Risk Management and Financial Engineering. In the US, Haas has a Master of Financial Engineering program, and Columbia has something similar, I do believe.

I would rather do an MBA because of the difference in post-graduation salaries over one of the other master's programs.