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[quote=Anonymous][quote=Anonymous]
[M.B.A. is] even more useless in Quant. They hate business & finance degrees. They want math, physics & CS majors. [/quote]

I got my M.B.A. and Ph.D. in the 80's and became a quant.  Yes, I worked with physicists, mathematicians, and computer scientists.  Back then, there were only about three real semesters of finance in the two-year M.B.A. curriculum.  There was a smattering of economics and accounting.  We learned spreadsheets, linear programming, and linear regression.  That was cutting edge computer stuff back then!  There is also organizational behavior (fluff psyschology) and vague "strategy", marketing, manufacturing and supply chain management, business law, and electives in all this stuff.

The M.B.A.'s curriculum has a little more finance, but it is still a generalist degree.  There are now specialized masters degrees in finance, as well as information systems, accounting, supply chain, marketing, etc.  You can complete one in a year.  The students are younger than M.B.A.'s, with less work experience, and get correspondingly lower salaries.  But the early 1980's M.B.A.'s often had only two years of experience.

The old M.B.A. was a good way to survey all business, have a summer internship, and pick your area.  But if you know you want finance, then the specialized finance degrees give you twice as much finance in half the time.  It is an efficient bargain.

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