MBA in FE + FRM/PRM or MQF, MMF, MFE etc.?

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Thanks very much for reading my post.

I have about 5 years of experience in market risk management in both IT (risk technology) and business (as a Senior Analyst, Market Risk Management working on stressed VaR analysis and reporting, in my last role). I am actually currently working on modeling exotic instruments. I have worked for HSBC and 3 of the biggest banks in Canada where I live.

My concern is I observed that most of my colleagues have MBAs or quantitative finance degrees and that's got me thinking I may be not that qualified and at a clear disadvantage for (mid-)management roles in market risk. This is a big concern to me as I have only a Bachelor's degree.

Another point is I did some research on efinancialcareers and majority of the (mid-)management roles in market risk require a quantitative Master's degree or an MBA. So it seems the industry encourages a Master's degree for higher roles in market risk.

My question then is: What is the better graduate education path for a market risk professional (currently a Sr Analyst) with a Bachelor's (Hons) in Mathematics and Computer Science seeking management/progressively higher roles (e.g. market risk manager) as the next step in their career?


Is it:

1. MBA in Financial Engineering + FRM/PRM
2. A quantitative finance degree such as MQF, MMF, MFE etc.?


My ultimate career goal is to be a market risk expert such as the Head of Market Risk for a big FI.

Guys, please help by offering your 2 cents. I appreciate it! Thank you very much in advance for your response.
 
Thanks for your response.

I am personally interested in getting a graduate degree. Can you please offer your opinion on whether an MBA or a quantitative finance degree will be more beneficial for a market risk career?

---------- Post added at 07:29 PM ---------- Previous post was at 06:24 PM ----------

Guys, please offer your 2 cents. I need your perspectives and guidance.

Thank you
 
What is MBA in Financial Engineering? Which schools have it?
If people have something to say, they will. If not, bumping your thread needlessly won't help.
 
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