Thanks for the reply!
First of all, yes I know I should limit my career plan to be more spesific. I have thought about both trading and asset management, as well as risk management. I definately need to narrow it down further. No matter where I end up though, I hope to use my wide knowledge of business, economics and finance to get an edge in the competitive field. I also hope to benefit from my strong quantitative skills and ability to come with stress, make quick decisions, etc.
I graduated from undergraduate business school with elements of business, economics, finance, mathematics and statistics. The program was, like many European programs, 3 years. I chose to apply primarily for MA Econmics programs because I want a stronger understanding of economics and believe it will help me in working with finance. The UCSB MA Economics program also allows for several electives in finance, so I will increase my understanding of financial concepts as well. I did not concider an MBA at this point, but will definately consider it after working for a few years.
I know purusing a second master's degree has a great opportunity cost. But I also believe that it could give me a stronger quantitative background which would greatly benefit my career. Also, I look at the second master's option as a wonderful oportunity to live in a new place (US, UK or elsewhere), meet new people and have a great time.
Are MA statistics programs maily designed for people who plan to work outisde academics? For instance in finance? What kind of career are you planning?