Imperial efds vs Cambridge econ for hf
Fortunate enough to receive an offer for Imperial Economics, finance and data science, as well as Econ at Cambridge.
The former is a relatively new programme so doesn’t have a huge alumni network or much info on placements, but is much more stem focused as the name suggests, so I imagine recruits better for quant type roles.
Cambridge has the name brand factor, cheaper CoL, and cool student life imo, but the course seems more dated (British economic history?).
Any opinions on which I should firm/ insure?
Based on the most helpful WSO content, here's a breakdown to help you decide:
Imperial Economics, Finance, and Data Science (EFDS):
Cambridge Economics:
Key Considerations for Hedge Fund Careers: - If you're targeting quantitative hedge fund roles, Imperial EFDS might be the better fit due to its STEM and data science focus. - For traditional hedge fund roles or broader finance opportunities, Cambridge's brand and alumni network could give you a significant edge.
Recommendation: - If you're leaning towards a quant-focused career, firm Imperial EFDS and insure Cambridge. - If you're unsure or prefer a broader finance career path, firm Cambridge and insure Imperial.
Ultimately, your decision should align with your career goals and the type of hedge fund roles you're aiming for. Both are excellent options, so you can't go wrong!
Sources: https://www.wallstreetoasis.com/forum/school/admitted-to-imperial-college-business-school-msc-finance-and-lse-msc-finance-for-2019?customgpt=1, Profile Evaluation: MSc in Finance at LBS, LSE, Imperial, Said or MIT, HEC Paris / Cambridge / Imperial, Dartmouth vs Stern, https://www.wallstreetoasis.com/forum/school/uk-master-in-finance-advice?customgpt=1
Cambridge. At Imperial the entire EFDS cohort is known for being smooth brained and nobody takes it seriously. source - am Imperial student
Name checks out I guess
The quants at Imperial are all Maths/Physics/CS btw, the EFDS kids are lucky to land RBC risk management after asking 10 different nepo connections
Doubling this: DO NOT
let me try again
DO NOT come to Imperial for the EFDS programme.
Can you elaborate on that?
are you a student there? could you be more specific as I’m also debating efds
cam econ it’s not even close lol
it’s like choosing to play at real madrid or man united
Imperial EFDS is a very new program (2nd cohort) so for sure all the Cambridge bros will argue for their Uni. But key point is that EFDS has a 4% admission rate vs. 14% for Cambridge Econ. Think long-term — in the end, everything is based on selectivity
One of the dumbest takes on this forum
Yeah I’m not sure choosing a course based on its offer rate is sensible. Particularly given the applicant pools are likely v different (lots of international students throwing in weak applications for efds because it’s imperial)
It doesnt matter... There are maybe 15 good seats each year in london at the top hedge funds across all the asset classes. The final decision isnt going to be 'ahhh he went to imperial to do EFDS not cambridge econ so we arnt going to give him the offer'. Some exeter grad landed a seat under chris foster on the european gas team at citadel (the most succesful pod ever most likely). Go somewhere that you will enjoy the course and allow you to do things that will make you standout
as a grad - how do u evaluate what is a good seat
i appreciate that 99% of people will take what they get but if someone does have optionality what should be there decision making thought process
Its really just how good the PM is that you will work under. The better the PM the better your life is going to be at these funds. Easiest way to do this in the UK is to check on company house and see if the PM is a partner. If they are a partner then you have an exceptional seat
Interesting advice, seems logical. What would you say makes you “stand out”?
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