Best MSc Finance for IB London Roles

Hey guys, here are some programs I'm considering, in mind the fact that I want to break into IB in London

  • Bocconi MSc Finance (Internal Candidate)
  • LSE MSc Finance
  • LBS MFA
  • Oxford MSc FE
  • Imperial MSc Finance
  • HEC MiF 

Which one is best for breaking into IB in London? I know that Bocconi has an advantage in terms of the fact that it's a 2 year program, but is it really that big of a difference (such as trying to get a IB summer)? Is the extra year worth it (not monetary wise, but just the extra year in terms of recruitment) over the 1-year programs?

Is the ability to graduate and stay in the UK better on a graduate visa (and do Off-Cycles) better than Bocconi/HEC, especially for someone like me who's a non-EU/non-UK citizen, for breaking into IB? Or is the name (LSE, Oxford, Imperial) going to be more important if I don't end up breaking into London for IB and I decide to go back to Dubai and break into IB there?

Assume that I have a chance in getting in all of these programs - I just wanna know from a strict, which program is better for my career prospects. 

Thanks in advance!

11 Comments
 

Based on the most helpful WSO content, here's a breakdown of the MSc Finance programs you're considering for breaking into Investment Banking (IB) in London:

Top Tier Programs for IB in London

  1. LBS MFA:

    • Highly career-focused with excellent placement across the finance spectrum, including IB.
    • Strong emphasis on work experience, with a GMAT >680 being a key requirement.
    • Offers an optional 4th term, allowing students to apply for both graduate schemes and summer analyst positions, which is a significant advantage for recruitment.
  2. LSE MSc Finance:

    • Slightly less academic than Oxford's MSc FE but boasts amazing placement in IB and sometimes even Private Equity (PE).
    • GMAT is optional but a score >700 is highly recommended. Work experience is a bonus.
    • Strong brand recognition globally, which could be beneficial if you decide to return to Dubai.
  3. Oxford MSc FE:

    • Known for its academic rigor and strong placement in IB.
    • Requires a First Class degree, making it highly competitive.
    • The Oxford brand carries significant weight internationally, including in Dubai.
  4. HEC MiF:

    • Great placement in both France and London, with alumni in IB, PE, and MBB consulting.
    • However, as a non-EU/non-UK citizen, working in France might be challenging unless you're fluent in French.
    • Strong reputation in Europe but slightly less recognized outside.
  5. Imperial MSc Finance:

    • Practical and finance-focused curriculum with solid placement in London IB.
    • Known for its rigorous program, attracting candidates with strong quantitative backgrounds.
    • Slightly less prestigious than LBS and LSE but still a strong contender.
  6. Bocconi MSc Finance:

    • The 2-year structure provides more time for internships, which can be advantageous for IB recruitment.
    • Strong placement in Italy and London, but the brand is less recognized outside Europe compared to LBS, LSE, and Oxford.
    • For non-EU/non-UK citizens, the UK graduate visa might offer better opportunities for off-cycle internships and full-time roles.

Key Considerations for Your Situation

  • Graduate Visa Advantage: Programs in the UK (LBS, LSE, Oxford, Imperial) allow you to stay in the UK on a graduate visa, which can be crucial for securing off-cycle internships and full-time roles as a non-EU/non-UK citizen.
  • Brand Recognition: If you plan to return to Dubai, the global prestige of LBS, LSE, and Oxford will likely carry more weight than Bocconi or HEC.
  • Program Duration: While Bocconi's 2-year program offers more time for internships, the 1-year UK programs (LBS, LSE, Oxford) are highly efficient and provide direct access to London IB recruitment pipelines.

Recommendation

For breaking into IB in London, LBS MFA and LSE MSc Finance are the strongest options due to their career focus, placement records, and the UK graduate visa advantage. If you value academic prestige and global recognition, Oxford MSc FE is also an excellent choice. Bocconi and HEC are strong contenders but may be less advantageous for a non-EU/non-UK citizen targeting London IB roles.

Sources: European Masters Rankings, https://www.wallstreetoasis.com/forum/school/uk-master-in-finance-advice?customgpt=1, LBS vs UCL vs Imperial for IB, HEC Paris to IB at London?

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

All are solid solid tier 1 targets.

In my view, I'd rank LBS, HEC, Bocconi as the top 3. LSE slightly below followed by Imperial.

One thing to note is LBS is perhaps even more European (ironically) than HEC or Bocconi - not many British undergrad students go on to study there 

Not sure where to put Oxbridge, obviously it's the most prestigious, but I personally don't view Oxbridge Masters as more finance-recruiting orientated as LBS, HEC, Bocconi or LSE. I always think of any Masters course at Oxbridge designed for people who didn't get over their rejection for undergrad.

 

If I had all offers I would  group them like that:

Group 1: Oxford MFE, HEC MiF, LBS MFA

Group 2: Bocconi MFin, LSE MFin / MFinPE, HSG MBF

Group 3: Honestly not so much of a gap anymore... think of Imperial followed by SSE, ESCP & so on... as well as some second tier programs on the better schools, e.g. LSE ACCFIN

 
Most Helpful

Ever since they tripled their class size, LBS MFA has become a joke of a program. Barriers to entry/acceptance rates are ridiculously easy, I know multiple people who got in with the equivalent of a 580 GMAT and average grades. I’m naturally biased as I went to HEC, but I think HEC, Bocconi and Oxford are in a league of their own. If you look at placement numbers for SA in London, its these three first followed by ESCP who is closing the gap quickly (sent 28/110 in top Summers last year).

Source: Asso at a top BB heavily involved in Summer recruiting (ignore title)

 

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