I was set on applying for MFE fall'09 as my ultimate objective is to become a trader. I am currently 26 years old. Looking at programs and courses it appears obvious that MFE is one of if not the most suitable postgrad degree for trading ( based on skills learned, course content, etc...). I have dedicated almost 2 years to study and take GRE math subject test and even exam P for actuary. Problem is I have no "real" financial services experience as I have been running our family business, although based on my business experience along with CFA 1 and just "keeping up" with financial markets I woud say my knowledge level is up there. My friend who happens to be VP Ops @ GS tells me that MBA is better route for me to get into trading. He tells me that an MBA will automatically make me eligible to enter S&T associate postion at IB while MS is only good if I have solid experience- (ie there is no "formal" entry procedure for MS). Is this true? If so, I am dumbfounded as MBA education seems pretty general ( in fact more finance material is covered in CFA) as opposed to MFE which appears to be very specialized. A bit confused here, can anyone confirm or even better yet contradict his statement for me?