LSE or MM IBD Summer Sophomore

Hey guys,

So I have been working at a mm investment bank this second semester as a sophomore while attending a semi-target. The work has been decent, I'd say about 60% administrative, 40 actual modeling/research reports/comps/precedent transactions etc.

I have the option to stay here and continue to work (as well as pay rent, which would take ~90% of my gross) or go abroad for half the summer and study at the LSE.

To be honest, the work here is okay, but I feel like I am more of a glorified secretary answering phones and occasionally helping out with valuations and deals.

I already have this on my resume, what do you think employers will like better? Seeing that I received a return offer but rejected it to go abroad and study?

Thanks

PS Forgot to mention, the two courses I would take are AF230: Alternative Investments and AF225: Fixed Income Securities, Debt Markets and the Macro Economy.

 

Depends, would you want to work at the mm ft after graduating? If so, stay. If you're looking at bigger fish to catch, you are better off going to lse. You can put that on your resume and you'll definitely stand out for it when it comes to sa recruiting in the fall, just make sure you are still networking. I did mm ibd my sophomore summer and my resume becane very finance based , didnt land too many offers. Diversify yourself for better chances.

 
postman:
aren't most summer schools a waste of time and money? unless its some special exclusive program, they normally seem like holidays which you pay money to make it sound like you're studying.

I went to LSE, and I would hate to trash my alumni. But given the opportunity between a summer at the LSE or work experience I would go with work experience...

 
Whiskey5:
you've got the rest of your life to work... take LSE and travel all over
This. You won't have many chances to travel..unless you are doing grad school right after.
 

LSE is amazing. Make sure you dont choose bullshit courses (level 1/2) and work hard, get top grades (easy, most people party and dont do shit), network with professors. Got a couple of jobs opportunities through them + you can get pretty much guaranteed admission to any MSc if you ever wish to do it.

alternative investments is a joke, AF225 is very good, amazing profs as well

"Every man should lose a battle in his youth, so he does not lose a war when he is old"
 
shock335:
Went to LSE last summer after my freshman year instead of doing PWM probably. Don't regret it. I had a a lot of fun and learned a lot. You can do well and still go out 5 times a week if you really want to. Downside...spent a lot of money and am now looking at unpaid work this summer.

How much would you suggest on bringing? If going out ~3 times a week

 

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