1 year or 2 year master? NO work experience

Hey! I am going to apply to some European MiFs, and in case of being accepted to my top choices, my decision would be between Bocconi MiF and LBS MFA.

The thing is that I have no IB experience. My only work experience is a 6 month internship as a bank teller at a local bank and I think that it leaves me in a very bad position for the recruiting session.

LBS has a better brand than Bocconi, but as its programme is only one year and I would have to apply right after starting the master, I think that it would be very difficult to get anything acceptable, while Bocconi is a two year masters where I could do an internship before ending the master...

What do you think? Is LBS brand as strong to "cover" my lack of experience?

4 Comments
 
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If the goal is London IB, LBS is the place to go. As for the 2 year concern, be cautious. If you choose Bocconi and do an internship you manage to convert to FT, you'll go back and pay another year of expensive Bocconi tuition just waiting for it to end. At LBS you could apply to internships at firms that you don't think you can get into for FT right away and FT at lower level firms. Even if you get a BB/EB SA position after LBS and convert it to FT, you can spend that year before the FT starts doing something more productive like learning a language or travelling rather than going back to uni for the sake of waiting. Also, some firms will have you less than a year after the internship ends (such as January or February). Either way, I would pick LBS because if you're good enough to go there, you can probably land some interesting positions.

 

Thanks mate, that's a good point!

And what about being a working student, gaining IB experience at a boutique or similar? From what I have heard, MFA is not very demanding, so I think that I could do both.

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