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MBA vs Financial Engineering Degree

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I'm considering taking on a master's degree and have taken a particular interest in MEng Certificate in Financial Engineering (at UofT, it's basically that instead of a Master's in Financial Engineering). I have a previous undergrad degree in Finance and Math, and sitting for CFA L2 this June.

From your experiences, do you feel the MBA has benefited you much when you already had a degree with a commerce background? There is an MBA in Financial Engineering and Risk Management, but the MFE sounds like it would be more specific and less generic (i.e. would tackle less aspects of the overall business and would focus more on Financial Engineering).

Trying to get into Quant Roles/FinTech/Wealth Mgmt

What are your thoughts? For reference, I am currently looking at UofT degrees in this regard.

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