Economics undergraduate seeking advice on masters and internships

Dear Recruiters, Masters students (past or present) & fellow forum users. I need your advice!

I have just graduated with an 80%+ BSc in Economics at an above-average (but nothing special) University in the UK. I was accepted onto the MSc Investment & Wealth Management masters programme at Imperial College London, which at first I was delighted about but now I need opinions on a couple of things which are keeping me up at night.

  1. I decided to defer the masters until next year. This was due to wanting to gain a year of industry experience (with the intention of landing internships at boutique IB's, PE, VC smaller firms - to find out what part of finance I'm truly passionate about & then tailoring the optional modules to fit) & also the masters costing £37,500 which quite frankly I cannot afford now unless I took out a loan.

  2. Do recruiters favour the MSc Finance degree over similar masters programmes? Such as the Inv. & Wealth Management/ MSc Finance & Accounting (even though they have similar modules etc) or am I thinking too much into the name of the masters?

  3. The deadline to pay the 10% deposit of £3,750 is 3rd September. I applied late last year (around February) so if I reapplied to MSc Finance at LSE, Imperial & Cambridge would I stand a chance of receiving a scholarship/partial scholarship with an 80%+ average degree & only 2 'relevant' internships so far?

I honestly didn't realise how difficult it was to secure even interviews at smaller finance companies unless you attended a Russell Group university at a minimum...

What else would you recommend I do??

I know that if I decide to go to Imperial next year that leaves me 12 months to build up the funds and gain as much experience as possible.

My plan is to:

- Learn VBA/Python to a high level

- Online virtual internships with JP, Citi, Bloomberg (I assume it shows that I'm not all talk and genuinely want to learn)

- Continuously applying to grad schemes/internships

Thanks for the help.

1 Comments
 

Necessitatibus commodi voluptatem molestias culpa. Inventore beatae odit velit provident iste optio perferendis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”