Thanks a lot for your answer.
I suppose what you're saying is that the MODA program, even if part of a more renowned department, is a specified program and therefore may limit future PhD and/or academic opportunities whereas the IFA will not in any way limit curatorial pursuits. This is indeed a concern I have and certainly ample justification for attending the IFA, but why exactly is it the case?
Certainly, there must be at least some benefit to a a degree with distinction in curatorial practice if I am to pursue a curatorial profession, is there not? Particularly as the entire second year in the MODA program is focused on the writing of a thesis anyway, presumably making it fairly rigorous in straight art history/criticism/research as well...