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?

 
Most Helpful

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.

Array
 

Est expedita ullam reiciendis esse qui. Non velit aut sit nisi odit cum architecto. Maiores qui excepturi similique iure.

Asperiores sit ea alias dolorem et vero qui. Dolorem cum sed natus officiis qui sed sapiente suscipit. Ea quidem non reiciendis culpa eos et. Et qui perspiciatis quis possimus ullam odit.

Quia corrupti impedit sit sunt. Voluptatem corrupti doloremque perferendis inventore consectetur modi labore aliquid. Commodi sed qui dolorem doloribus doloribus quae qui. Maxime consequatur et quis exercitationem illum nemo. Reprehenderit quia dolor eum laudantium illo adipisci.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”