Imperial MSc Economics and Strategy for Business for London consulting

Hi. 

I would really appreciate some advice regarding my situation. I'm based in the UK so would appreciate UK-specific guidance.

I did terribly in my A-Levels and ended up at a complete non-target university, so unsurprisingly I was constantly rejected for internships and was rejected from countless graduate roles. I graduated with a first class degree in economics, although this doesn't mean much since it was from a really low ranking university. I did manage to get on an accounting/tax graduate scheme and I'm currently in my first year of the graduate scheme where I've been completing the ACA as part of my role. The pay is pretty decent (especially for someone like me from a non-target university) but it's not what I wanted to do. It was the only offer I had and beggars can't be choosers.

I have received an offer for Imperial's MSc Economics and Strategy for Business programme and although this may not be the most elite programme out there, I'm really pleased that I've got an offer since it is a trillion times better than the terrible undergraduate university I went to. Also, I aim to apply for MBA programmes in America after 5/6 years and a Master's from Imperial will look a lot better than my non-target undergraduate university.

I'm aware that a decent Master's programme will not completely overshadow poor A-Level results and a non-target undergraduate university. After being rejected so many times during university, I have become extremely pessimistic and will not be wasting my time applying for elite firms/roles such as MBB or BB IB. I won't even get into a boutique IB firm since my chance at getting these types of roles ended years ago when I got poor A-Level results.

I shall be targeting tier 2/3 consulting firms, boutique consulting firms, corporate finance firms and Big 4 consulting/transaction advisory type roles. However, I'm worried that my bad A-Levels will still ruin my chances for these as well.

I'm 95% sure I'm taking the Imperial offer, but I'm really concerned that my bad A-Level grades will still hold me back when applying for jobs during my Master's. I've got a first class degree in economics and will have 1 year of experience in accounting/finance along with the Imperial MSc ESB, but since I would still be applying for entry level/graduate roles I'm worried my A-Levels would still ruin my chances.

I have passed all the ACA exams I've taken so far at the first attempt so in the worst case scenario where I don't get the offers I want during my Master's, I should be able to get another ACA graduate role/training contract and finish the ACA qualification.

Do you think my bad A-Levels will still hold me back when applying for boutique consulting firms/corporate finance firms/Big 4 transaction roles despite my first class undergraduate degree, my 1 year accounting/finance experience and the Imperial MSc ESB?

Is there a risk that the Imperial Master's programme doesn't boost my prospects at all due to my bad A-Levels, and that the Master's is just a costly way to make my CV look better over my non-target undergraduate university?

Thanks for your help. :)

 

Based on the insights from Wall Street Oasis, particularly from those who have navigated the transition from non-target schools to prestigious roles in finance and consulting, here's a strategic approach tailored to your situation:

  1. Leverage the Imperial MSc Program: The Imperial College London's MSc Economics and Strategy for Business is highly regarded and will significantly enhance your profile. It's not just about the prestige; it's about the network, the learning, and the opportunities to engage with industry through projects and internships. Use this time to build a strong network, participate in relevant clubs, and seek leadership roles within them.

  2. Focus on Your Strengths and Story: Your first-class degree in economics and progress in the ACA exams demonstrate your academic capabilities and dedication. Craft a compelling narrative around your journey, emphasizing your resilience, your achievements despite early setbacks, and your clear focus on a career in consulting or finance. This story can be a powerful part of your applications and interviews.

  3. Networking is Key: The importance of networking cannot be overstated, especially when overcoming non-traditional backgrounds. Utilize Imperial's alumni network, attend industry events, and connect with professionals in your target firms. Personal connections can lead to referrals, which significantly increase your chances of landing an interview.

  4. Targeted Applications: While MBB might seem out of reach, many successful professionals in consulting and finance have started their careers in tier 2/3 consulting firms, boutique firms, and Big 4 advisory roles. These companies often value diverse backgrounds and the unique perspectives you can bring. Tailor your applications to each firm, highlighting relevant skills and experiences.

  5. Prepare Rigorously for Interviews: Given your academic and professional background, ensure you're well-prepared for case interviews and technical questions. Utilize resources like WSO's interview prep materials, and consider joining or forming a case interview study group at Imperial.

  6. Consider the Long-Term Perspective: Remember, your career is a marathon, not a sprint. Each role you take is a building block towards your ultimate goal. Focus on gaining relevant experience, building your skill set, and continuing to network within the industry.

Regarding your concerns about A-Level results, while they may be considered, your recent achievements and the prestige of the Imperial MSc program will carry more weight for many employers, especially when coupled with your proactive approach and preparation.

Lastly, while there's always a risk that any educational investment may not yield the immediate desired outcomes, the combination of an Imperial MSc, your first-class undergraduate degree, and ACA progress presents a strong profile that, with the right strategy, can significantly enhance your career prospects in consulting and finance.

Sources: Corporate Finance Q&A with accountingbyday, BJM85, STorIB, and djfiii, Q&A: Non-Target -> Big 4 IT Audit -> Boutique Investment Bank, The Forgotten IBD: Big 4 Corporate Finance - Q&A, 2nd year IB Analyst taking questions, Q&A: Non-target >>> Big 4 Valuation >>> Boutique IB Analyst

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

 bro im not gonna stalk on linkedin. no one is . its not that deep. 

but also I think u right now are in the i give up mentality. that won't get u anywhere. in 5-10 yrs no one is gonna give a single fuck where u went for ur UG or ur A levels. ur still 21. 

I would say tho that the imperial course u got onto I believe is more tailored for consulting. i know someone whos on the course rn and I think that's what he said

 

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