Indians flocking masters in UK without job prospects?
As the UK govt. has brought back the post study visa for international students I see an increasing number of Indian students flocking masters programs in the UK. I have done some research about Indian students studying M.Sc. degrees in UK and I have not found anyone who has landed in a BB or any other top tier firm.
Now when I am looking at data from past years the reason for this may have been the stringent visa policy that was present before 2021. On the other hand it can be that Indian students were not able to land any good roles because they did not have understanding of European markets.
The main aim of writing this post is to understand what we are doing wrong, why is it that I see so many South East Asians succeed in London but Indian's don't count in that group. Why Indian student don't even make it past the online CV screening? Are we flunking the assessment centres? What can we do to stand a better chance?
Okay I am an Indian studying in france, and I have so many classmates of mine killing it in the London IB scene. Clearing the interview is not exactly as tough as getting the interview imo. The one difference from these people to the ones from lse and lbs is, in france during masters you'll have time to do internships as it's a two year course.
Makes sense, but what do you think about chances in other field like AM and ER? also post Brexit I guess the movement of human capital across Paris and London will be limited so I guess students graduating in London will have an upper hand going forward
Actually it's the other way around. Now even the smaller companies are ready to sponsor because brexit limits the free movement of people from Europe to uk for work.
It's very very lucrative to go to Oxford and especially with the current two year visa, and I'd definitely go there over France. To give you a background, I got into both LBS, LSE and the school I go to in france, and when I got in, the two year visa program wasn't there.
I have more reason to support this rationale rather than the ones below who say indians don't get in because of lack of good prep and 3.5 page resumes, which I dont see is the case.
This is where my recent alumni, my batch mates and my juniors have got full time or internship offers from: goldman, jpm, ms, citi, braclays, pjt rssg, macquarie, Nomura infra, Cinven, Eurazeo, Ardian, ft partners, torch partners, Carlyle etc..
So this are indians who did bachelor's in india and did masters in france. The ones who do go to masters in UK or no less smart than these people, and in fact have much more resources/ proximity to break into IB.
I am not Indian but I have worked and lived in London. Indians are by far one of the largest ethnic groups in finance, and almost all of the ones I met were from India (studied in the UK and landed a job there). They are not all in FO roles but across the entire firm, just like anyone else would do it.
After Brexit, do you think the chances of Non-EU students (which are counted as international) getting tier 2 work visa sponsorship will be better? Since EU students will be considered as international.
An additional question - what are the chances of getting an IBD FO job (BB/EB) for someone who's coming from the likes of LSE, ICL, UCL, Oxford, etc., and CFA L3 candidate/cleared.
Thanks!
I don't know what the chances are for non-EU or EU students in the UK. Sorry. I think this is a very relevant, but fairly complex question.
EU students now have to pay non-EU tuition, which is significantly higher than before. So a good chunk of this group might decide to study elsewhere with the money (i.e. US, Canada, Australia).
I don't know what the employment market will look like in the UK going forward. Keep hearing that more banks will move jobs abroad, but I haven't researched actual numbers yet.
Well I have some answers, if you're on discord or whatsapp, I would like to talk to you.
Hi sure we can connect my Discord username is CuriousComic#3231
Add me:)
This is true, very very few Indian people get SA offers in London. I think the main reason is that they are underprepared, not "sharp" enough in interviews and because of cultural reasons have it harder to connect with their interviewers .
Yes that’s very true I hear so many people say they want to get into banking but they don’t have any deal experience or substantial work ex in any other field. A large part of Indians don’t even make it past the CV screening because of this reason.
The reason for why they do not make past the screening stage is not because of the lack of experience. It's more because of factors like wrong structure of their CV etc. in many places outside of the UK people add pictures of themselves, make their CV 3.5 pages long and add 16 different fonts and rainbow colours.
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