* MFin: Typically focuses intensely on advanced quantitative finance, financial modeling, and investment management. It's geared towards students with a strong quantitative background (often engineering, mathematics, or a related field) who want a specialized career in finance. The program is shorter and more focused than an MBA.
* MBA with a Finance Concentration: Offers a broader business education encompassing finance, accounting, marketing, operations, and strategy. It's designed for students with diverse backgrounds who want to pursue leadership roles in various business settings, with a specialization in finance. The program is longer and more comprehensive than an MFin.
In short:
* MFin: Deeper, specialized finance knowledge; shorter program; quantitative focus; for those with strong quantitative backgrounds.
* MBA with Finance Concentration: Broader business acumen; longer program; leadership focus; for those with diverse backgrounds aiming for management roles.
Choosing between the two depends entirely on your background, career goals, and desired level of specialization.