Hi!
I am a current student in the Fletcher MIB program. I wasn’t familiar with the MIEF program at SAIS, but after looking at the program website, it appears to differ from the MIB in a few keys ways. First, the Fletcher MIB curriculum is broader than the MIEF. The first year of the MIB mirrors the first year of an MBA program so in addition to finance, classes cover strategy, operations, marketing, statistics, and economics. It looks like the MIEF curriculum is strictly finance, economics, and quantitative methods. The more focused MIEF curriculum seems like great preparation for a more narrow set of post-grad school opportunities (central banking, commercial banking, development banks). Fletcher’s “International Finance and Banking” field of study is pretty comparable to the MIEF, but the MIB core curriculum will give you more exposure to other business topics. If your end goal is working in Financial Policy at a multilateral institution, you may also find that Fletcher’s law and international affairs classes help put the finance in context. As you said, answering the question of which program is a better fit will depend a lot on your background and goals, but I’m happy to answer any other questions you may have about Fletcher.