starting masters of finance

about 2 years ago I graduated from undergrad with a degree in computer science from university of michigan, dearborn. I got a job with a tier 2 auto supplier doing system administration and programing.
While I was in school, I looked down on the business majors, business seemed like an easy major for people that could not handle science or enginering. Since that time I have gained a real apprication of the importance of business, and have become very intrested in it. So I have decided to go back to school. I applied and was accepted to walsh college to pursue a masters in finance.
Has anyone here gone back to school for a MBA or masters in finance? was it worth it? what sort of things did you find the most valuable?

What is your goal? An MBA is a general degree that is supposed to prepare someone for top management(in a perfect world;) why limit yourself with a specialisation unless your chosen career is finance? But, if it is finance why not do something that is specifically related to finance?

I have an MBA but am now considering doing a CFA. Whether it is worth it, I don't know. This is why I am still only considering:)

I'm pursuing my MBA right now at Indiana University (Bloomington). I never left school (I went straight to graduate school for mathematics, and now to MBA), and I had a similar attitude toward undergrad business majors. Most of that is gone, but there is definitely a difference in the type of intelligence in business schools compared to more traditional academic fields; there are definitely some great people here, but definitely some lazier types also. You'll choose your own destiny as far as what you get out of your education.

Personally, it's shown me how business operates, which is something I never really understood. I'm really getting a lot out of business school.

As somebody who's finishing up his business undergrad (while trading full time for a prop firm), I'd like to point out that I share just about everybody elses opinion of business undergrads...

I've taken many courses this year that are shared with the MBA program (actually, I haven't fully looked into it yet, but if I were to get my MBA from my undergrad school I think I'd only need to take about 3 or 4 "new" courses).

The rub of it, at my university, is this: The core courses are easy as shit. It's the "elective" or "specialization" business courses that are hard. ie those in the accounting stream, or in the finance stream... I've already taken more finance courses than most MBA's will do, unless they specialize in finance.

Business can be an incredibly easy degree, or an incredibly hard one, depending on the courses you choose to put on top of the "core" courses.

That is one of the best things about some of my MBA courses. Being in Detroit, i see a ton of engineers in my program. Most engineers are under the impression that they are the epitome of academic achievement, one can do no better. "I have taken Advanced Thermodynamics, what have you done?" type thinking.

A few weeks in the MBA program forces them to rethink the way they learn. Nothing is as logical as engineering and mathimatics. There are few black and white answers. You need to draw from many areas of teh business world when making your analysis. Something as wide open and Constraint Accounting doesn't sit well with them at all. Marketing Plans and strategy seems to escape them too, as many consumers don't make 100% of their decisions based on logic.

You have to be open to learning a different way to learn, if that makes sense. Everything is not black and white. and, please, don't ever take a business class for granted because you think it will be easy. lol

Mark

PS. Chris, I am at Wayne right now in the MBA program.

have a MA, organizational change and a MS, technology and innovation management. am ABD/PhD, strategy.




many classmates have been/are engineers. mark1 is correct - the thinking required in bschool is very, very different from what they used to. and don't underestimate the writing requirements...


should be a great, broadening experience. good luck.

"and don't underestimate the writing requirements..."

That I forgot to mention.

Be ready to write your ass off. Not large volumes of writing, but short, consise, well-written reports will get you through b-school. Brush up on your grammar and sentence structure as well.

Last semester I got killed on a class project because of the presentation. The data was rock-solid, however, the team member that assembled it into presentation form used alot of poor grammar and misspellings. We got killed. Took our A+ project and dropped it to a B in a second.

In business, you need to be able to communicate your ideas quickly, efficently and properly.

Mark

I'm going to apply to couple of MBA and MS in finance programs for next year. It's going to be a bit tough working full time and going to school part time but i don't have a lot of choice.

Yeah its funny, when I was in school full time I felt like I had a lot on my plate. But in retrospect I could have studied way harder since I did not have to support myself at the same time. I was eager to get done with school, but now I would love to have a year or so to just learn.