UCL MSc Finance vs Bayes MSc Corporate Finance for London IB

Trying to decide between UCL MSc Finance and Bayes MSc Corporate Finance.
For London investment banking recruiting, which programme is viewed more favourably by banks and why?
Would appreciate insights from analysts, associates, or anyone familiar with UK recruiting.

2 Comments
 

For London investment banking recruiting, UCL MSc Finance is generally viewed more favorably compared to Bayes MSc Corporate Finance. Here's why:

  1. Target School Status: UCL is often considered a semi-target or target school for investment banking in the UK, especially for front-office roles in London. Its MSc Finance program benefits from UCL's strong academic reputation and global brand recognition.

  2. Program Prestige: UCL's MSc Finance is well-regarded for its rigorous curriculum and alignment with the technical skills required in investment banking. This makes it a strong choice for candidates aiming to break into the industry.

  3. Alumni Network: UCL has a broader and more established alumni network in investment banking, which can be a significant advantage during recruiting.

  4. Recruiter Perception: While Bayes (formerly Cass) has a solid reputation in finance, particularly for its MSc Corporate Finance program, it is often seen as slightly less prestigious than UCL. Bayes is more commonly associated with middle-office or corporate finance roles rather than front-office investment banking.

  5. Placement Records: UCL MSc Finance graduates have a track record of securing roles at top-tier investment banks, including bulge bracket firms, which reinforces its reputation as a strong feeder program for the industry.

If your primary goal is to secure a front-office investment banking role in London, UCL MSc Finance would likely provide better opportunities due to its stronger brand, network, and placement outcomes. However, Bayes MSc Corporate Finance could still be a good option if you have a specific interest in corporate finance or if you can leverage its connections effectively.

Sources: LBS vs UCL vs Imperial for IB, https://www.wallstreetoasis.com/forum/school/uk-master-in-finance-advice?customgpt=1, Msc Finance ranking Europe, 2018 UK Target Uni - MSc - for FO jobs: put your POV

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