CMU MSCF? Second Master?

[Dyleon]

Hi everyone,

I need some advice on the CMU MSCF offer. I graduated from Columbia's MSOR program two years ago, and found myself a technology rotational program in a BB IB. Starting last year, I have been looking for quant jobs and found no luck in the market back then. So, I applied for the CMU's MSCF program, and got the offer. Now I have recently switched to a middle office supporting role with little technical skill required, but I'm hoping to make a transition later down the road from internal transfer into the from office.

So, my question would be, is it really worth to go to the CMU's MSCF program to get a second chance hoping for a quant intern leading to a full time? Since my first master is very similar to a FE program, what would the employer's perspective be if I do another FE program even though it's one of the best? Would they see that as a downfall on my resume?

Thank you very much!

Regards,
Dyleon

 

[Andy Nguyen]

It's a $100,000 question. What is the likelyhood that you will get a better job second time around? A lot of factor is out of your control.
You obviously will do this part-time and by the time you graduate, 2-3 years down the road, you may already get a better job in your own.
The only way I see this makes sense is to work FT, going to school PT and have the tuition reimbursed by your employer. I don't think it's feasible given that you already have a similar degree.

Are you going to take on a student loan for this?