Best MSc Finance programs in UK / Europe

Hello,

     I am from India and I have an Engineering degree with 2 years of work exp.

I am looking to get into Finance industry, specially into Hedge funds.

I checked the MSc finance ranking on FT.com. Most of these schools are in UK.
I wanted to know what are the job prospects for asian students after the completion of MSc finance program in UK.

Also, from placement point of view, if not in UK, will the MSc Finance degree from one of the below mentioned universities be helpful to secure a job in other financial markets like US, Europe, Singapore or Hong Kong.

I have shortlisted following universities which i think i can manage to get into.

Cranfield University
Warwick business school
Imperial college, London

I am still doing some research and might add some more colleges to above list.
Please suggest me other good colleges if I have missed any.

Thanks in advance.

Comments (56)

Aug 14, 2012 - 1:55pm
SonnyZH, what's your opinion? Comment below:

Where's Cranfield? You might as well try LSE too.

[quote]The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.[/quote]
Aug 14, 2012 - 2:05pm
mknight, what's your opinion? Comment below:

I'm at Imperial at the moment (physics undergrad) and I've spoken to many of the professors/students of the course as I was considering it a few months ago. Hopefully I can give you some insight.

It is considered to be in the top 5 of the UK's MSc Finance courses. It is heavily targeted by investment banks, but not as much as the LSE course.

It is renowned to be the most quantitatively rigorous finance course in the country, and by a long way. It is mainly taken up by maths/science/engineering grads, and there have been stories where even they have struggled with some of the mathematical aspects.

It also incorporates programming and covers most of the CFA curriculum.

It's considered to be the top feeder to hedge funds in the UK (both from undergrad and grad), presumably because the graduates have gone through such quantitative training. It's quite common that those who do go into HF go as algo traders. I would say it has very strong links with the HF industry, if not the strongest out of the UK universities.

The negatives are that it is massively overpriced for what it is, if I'm not mistaken, it's the most expensive finance course in the UK. Imperial isn't a properly established business school (the business school is only like 8 years old), so it hasn't really built a reputation (yet).

As for cranfield, well to be frank very (VERY) few people know of it. Those who do regard it very highly but I believe its place on the FT rankings does not represent it's standing in the UK at all. It generally attracts the older crowd (i.e. those in their 30s, 40s who are looking to be promoted or enter a new sector). It's more targeted by government establishments and FTSE 250 type corporations. Forget about anybody outside the UK recognising this uni.

Warwick business school is solid but oddly enough the grad courses aren't as highly regarded by the finance sector as warwick's undergrad courses. By that I mean, nowadays warwick undergrads get picked up by banks like hotcakes, where as it isn't quite as easy for those from warwick's grad school.

Aug 14, 2012 - 11:08pm
satyajit86, what's your opinion? Comment below:

Thank you very much guys. I am also planning to do CFA, so I think Imperial will be a good choice.

Also, can anyone provide me similar information about the IE business school, Spain and HEC Paris.

$atyajit
Aug 14, 2012 - 11:09pm
alessioto, what's your opinion? Comment below:

Best msc in Asset Managment for become found manager in europe (Originally Posted: 01/02/2014)

Hi, i'm italian student and i have a bachelor in bank, finance and financial market. For become fund manager what is the best master in asset managment in europe. But i have a budget of 10000 euro and i don't have a good degree mark.

Best Response
Aug 14, 2012 - 11:10pm
EuroLocust, what's your opinion? Comment below:

I'm sorry to break the bad news but I really don't think you can finance any good MSc with a budget of 10k unless you have at least a part-time job or can continue living at home. At many of the really good schools tuition will already get most of your budget or even exceed it. The fact that you also have a low grade also means you won't get any scholarships.

So sure, I can tell you that going to Bocconi, ESADE, IE, HEC, ESCP, SSE, HSG or RSM (leaving out British schools) would help you with achieving your goal but this doesn't seem very realistic.

The amount of grammar mistakes is also not very promising, if I can be honest.

Maybe someone here can tell you about some hidden gems in European MSc programs with your desired specialization but this will be tough since you already have 2 very big issues flagged in your intro. Potentially it would help you to start working for a year or so to compensate for your grades and at the same time earn some cash?

Nonetheless, welcome to WSO and don't be discouraged - it might not be an easy way towards your goal but there are enough stories of people here who made it despite bigger obstacles!

Aug 14, 2012 - 11:11pm
alessioto, what's your opinion? Comment below:

Thank you for your sincerity. I know I have to improve my English and I will do a course just for this. But what business schools do not look at the rating of the degree but only GMAT? And between those who have a lower cost, which have the best job placement in asset managment?

Aug 14, 2012 - 11:12pm
Pokemon Master, what's your opinion? Comment below:

UK MSF Programs US Placement? (Originally Posted: 08/18/2015)

I am a US citizen interested in going to grad school in the UK but ultimately want to work in the US long-term. I've heard that if I want to work in the US, my best bet is to go to grad school here, but I'd like to get some more input from anyone that has done grad school in the UK.

FT Rankings Pre-Experience Rankings 2015:

Imperial: 11 Oxford:14 Warwick: 15 Cass: 20 Cranfield: 22

LSE isn't ranked but we all know that LSE has awesome US placement. My question is, what about the other schools? They're all pretty high up there in the rankings, but as an American, the only UK schools I knew existed before I started looking at rankings were LSE, Oxford, and Cambridge.

So, I guess what I'm trying to get at is:

1) Is it really that hard to break in from these other highly ranked schools? 2) Is breaking into US high finance from a UK target still easier than breaking in from a US non-target? 3) Is it acceptable to put your schools ranking on your resume? I saw one kid doing this on his LinkedIn profile from Cranfield (albeit the 2013 ranking). He's now an analyst a major US mutual fund.

I'm guessing that the lack of representation by top UK schools in the US is because most people in those programs aren't US citizens. But maybe I'm just an optimist who wants to get out of the US for a year and not take the GMAT.

Aug 14, 2012 - 11:14pm
TheFullMonte, what's your opinion? Comment below:

LSE/Cambridge/Oxford Masters in Finance Programs (Originally Posted: 05/16/2009)

I know this topic has been discussed before, but I was hoping to get a little more indepth info on the subject. I know that the recruiting at these schools is excellent for banking, placing 30% in IB and 25% in AM (according to Oxford). But:

  1. Are the job opportunities in the US as good?
  2. Would there be a possibility of getting into consulting after graduating?
  3. How hard difficult is it to be admitted to one of these programs?

Thanks in advance for any and all help. I have had these questions for awhile, I just can't seem to find any answers.

Aug 14, 2012 - 11:24pm
mark198, what's your opinion? Comment below:

Best UK Msc Finance programs? (Originally Posted: 04/28/2015)

I'm leaving London after a semester abroad tomorrow and I'm wondering what are some good business schools in London for masters in finance. I know Cass is good. How hard is it to get into, though? Are there any less competitive schools? What GMAT should I aim for? This is all for an American student.

Array
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Aug 14, 2012 - 11:32pm
hartLU, what's your opinion? Comment below:

UK Master Finance (Originally Posted: 03/23/2014)

Hi All, I just joined this community and I would like to have some advise on my next choise: My profile: 25y, bachelor from an Italian Uni in Finance (score 2,1), 2.5y and half of experience in Luxembourg: - 5 months intership TopTier Bank in OTC pricing - 10 months contract at TopTier Bank (backoffice, funds servicies) - 1.5y at Big4 in Pricing department (senior position) ii=1145861&c=cart&aff=44880&ejc=2&cl=175031" target="_blank">CFA lev 1 candidate june14

I would like to go back to study for a master in finance as I would like to have more international opportunity (especially in IB) and to put a big name on my education as my bachelor is not very attracting.. :-(

I was considering the following university: - LBS (maybe too hard to get in) - Oxbridge - LSE- Any others sudjestions? (also outside EU)

Also, would you have any raccomandation on this topic? Would you think my profile could fit the requirements of the above schools?

Many thanks in advance for your help, much appreciate it.

Aug 14, 2012 - 11:36pm
MFin, what's your opinion? Comment below:

Master of Finance Programs in the UK (Originally Posted: 11/29/2009)

I am wondering if anyone else is thinking of applying to Master of Finance programs in the UK. I am looking at a number of schools... LSE, Cambridge, LBS, and Warwick. I am wondering what your thoughts were on rankings. Keep in mind I am limiting this to strictly finance programs and not financial engineering (Oxford).

In my humble opinion...

1) Cambridge (reputation, alumni network, less than 10% acceptance rate and small class) 2) LBS (location, program been around awhile, program a little larger than Cam) 3) LSE4) Warwick

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Aug 14, 2012 - 11:38pm
Rey1994, what's your opinion? Comment below:

Which MSc in Europe? (Originally Posted: 03/08/2016)

Hello everyone i am currently living a dilemma and i am totally lost on what to do next.

First of all what i want to do: i would like to work in consulting or Pharmacetical industry (preferably in France) for a few years, then i would like to join the famiy business ( a hospital).

My problem is that i don't know which programme would be the most fitted for me: i was admitted to ESADE international management, Rotterdam (RSM) Strategic management, and Bocconi's International Management programme. I am also considering Imperial's Msc in Economics and strategy and IE's MIM.

To sum up what i am looking for: a programme fitting for my career goal, but also a place where i will have fun (undergrad was really annoying).I love strategy and a little bit of everything (hence why i choose a MIM). Is ESADE's Msc to oriented towards international management? Is Rotterdam a nice city?? Finally i would like to point out that i will probably do an MBA in the US later on. So what business school in the list would be appprecited by US business schools?

Thank you in advance for your help!

Aug 14, 2012 - 11:40pm
GuyFawkes, what's your opinion? Comment below:

If you are looking to work in the Pharma industry in France, why are you not considering any of the French schools (HEC, EDHEC, INSEAD etc.)?

Aug 14, 2012 - 11:41pm
Rey1994, what's your opinion? Comment below:

Hey GuyFawkes thanks for the reply! Well for several reasons: 1) its way harder to get in when your a French graduate. 2) Several deadlines have passed (HEC, ESSEC and ESCP: i can't apply anymore as a French graduate ) 3) Finally (and most importantly) is that i am looking for a big change (i studied in France) ,and i would not mind working outside of France for several years as well. The thing is, job wise i am leaning towards consulting and the pharmacetical industry but i might change if a better opprotunity arises elsewhere. Do you think any of my choices would standout from the rest?

Aug 14, 2012 - 11:42pm
iloveburritos, what's your opinion? Comment below:

Rotterdam is not a very fun city to be if you're not in a frat. Also, I think the programs at esade or boconni would place significantly better than the non cems strategic management master at RSM. The rsm finance master places pretty decent, but strategic management is not a very highly regarded MSc there.

Aug 14, 2012 - 11:43pm
Rey1994, what's your opinion? Comment below:

Thanks for the reply iloveburritos, yeah i think you might be right: after alot of thinking i think that i prefer ESADE and Imperial in my choices, so which one would be regarded as better for what i am looking for?

By the way, i also learned that i might be elegible for the Masters in Management at Imperial as well as the MSc in economics and strategy, does anyone think that one is better than the other? Or it doesn't really matter because i would get the Imperial College brand name?

Any other suggestions/point of views are welcomed, don't be shy!

Aug 14, 2012 - 11:46pm
Rey1994, what's your opinion? Comment below:

Hey aliasgoldman thanks for the reply! I think i wasn't clear in my statement: what i meant is that i might do 2 MSc one after another (so first year a general MIM, and second year something more specialized such as eco and strategy). Basically , i would do the same as the 2 years MIM/ or Grande Ecole in French business schools , the only difference is its 2 different unis and a bigger international experience.

So what do you guys think? (HEC and LSE would be possible as a second MSc that i was talking about).

Aug 14, 2012 - 11:48pm
Rey1994, what's your opinion? Comment below:

Hey ChloeJ90, unfortunately i can't apply anymore to SSE because of the dealine :/... Anyways i prefer going for a 1 year progamme or two 1 year programmes for better flexibiility...

By the way, can anyone please tell me what would be better between MSc Economics and strategy and MIM from Imperial? I am eligible for both... If anyone has info please do share it!

Aug 14, 2012 - 11:49pm
iloveburritos, what's your opinion? Comment below:

Check linkedin and the career website. I agree the program econ and strategy master looks interesting, but from what I remember looking at it, not to many people actually get into strategy consulting firms (correct me if I'm wrong). Also, esade seems to have a lot of good corporates and consulting firms recruiting on their campus, not sure how this is at imperial.

Aug 14, 2012 - 11:50pm
Rey1994, what's your opinion? Comment below:

Hey iloveburritos, it is like 10% who go into a strategy consulting role and 23% into management consulting. What would be better this programme or MIM at Imperial? (in terms or rep, intensive...)

Do you know any students there? Or does anyone here? It would be really cool if i could speak to one of them to get an insight...

Btw, i was also looking at LSE's programmes in management, is LSE well regarded in this field? For info i might apply to one of their programmes, but not their masters in management! (i was thinking of MSc in management and strategy).

Aug 14, 2012 - 11:51pm
dacasale, what's your opinion? Comment below:

Which European MSc for Equity Research (Originally Posted: 11/15/2009)

I'm going to do an MSc next year, and I'm trying to decide among the following programmes:

  1. Copenhagen Business School (CBS) -Master in Finance and Strategic Management
  2. Rotterdam School of Management (RSM) - Master in Finance and Investments
  3. Stockholm School of Economics (SSE) - Master in Accounting and Financial Management
  4. University of St. Gallen (HSG) - Master in Banking and Finance

I do realize they are not the top unis, but the cost of these masters goes from 0 to 2500 euros only. Due to personal circumstances I cannot afford American or British programmes.

I graduated in a non-quantitative subject with a 2:1 from Bristol, so I have ruled out straight finance. Besides, I'm intending to go into equity research, where accounting and corporate finance is more relevant than the more mathematically demanding market finance. I do not hate numbers (GMAT 690), but I don't want to suffer with matrices and partial derivatives if it isn't really going to be useful for my career. I have also secured a summer internship in ER (London based).

Any comments or suggestions will be appreciated.

Aug 14, 2012 - 11:52pm
m2, what's your opinion? Comment below:

SSE and HSG have strong representation in the city, you should be fine with those, even though I cannot comment specifically on quality and recruiting stats of the programmes you mention. Attending an equivalent coursein the UK would probably increase your chances though (Oxbridge or LSE), but if there's no chance you'd get it financed, obviously go with the cheaper options. It's very good that you're interning in London before you enter the full-time recruiting cycle, especially if it's with a well-known bank.

  • 1
Aug 14, 2012 - 11:53pm
dacasale, what's your opinion? Comment below:
m2:
SSE and HSG have strong representation in the city, you should be fine with those, even though I cannot comment specifically on quality and recruiting stats of the programmes you mention. Attending an equivalent coursein the UK would probably increase your chances though (Oxbridge or LSE), but if there's no chance you'd get it financed, obviously go with the cheaper options. It's very good that you're interning in London before you enter the full-time recruiting cycle, especially if it's with a well-known bank.

Thanks for the comment m2. I have tried to get financed for the likes of LSE, Warwick and UCL, but being a EU but not-British citizen makes getting a loan close to impossible. The internship is with a well-known bank (UBS), but it is going through pretty rough times, so I guess it's unlikely that they will extend me a full-time offer even if I perform very well.

Aug 14, 2012 - 11:54pm
jmdude, what's your opinion? Comment below:

i have a couple friends who are doing fsm at CBS, they said its free for eu citizens but forget getting a job in copenhagen if u dont speak a scandinavian language. a couple got bb interviews in london tho.

as for the others, it depends what language you speak. if you speak dutch go for erasumus etc. imo

Aug 14, 2012 - 11:55pm
fabofly, what's your opinion? Comment below:

European Monkeys, I have the opportunity to study abroad at the masters level at a few top business schools and wanted input. (Originally Posted: 07/22/2014)

I could simply look at the rankings but I am sure there are some nuances they do not articulate. At this point, I personally want to do a semester in Brazil as I think it would be a unique distinction on my resume having studied at one of the BRICS.

However I am looking at a few European business schools as I think I could have a chance, albeit a small one, to network and potentially get a job in the region. I understand the language barrier will make it a difficult task but i am' wondering is it even feasible in any capacity. I do not speak any language other than English and a little bit of French.

Industries I am interested are Finance/Consulting.

The schools of question are:

University of Mannheim Germany University of St. Gallen Switzerland IE University Spain BI Norwegian Norway ESSEC - France France Boccini Italy University of Bath England HEC Paris (potentially)

Aug 14, 2012 - 11:57pm
IB010, what's your opinion? Comment below:

So why don't you start learning the language? Of the ones you mention, HEC, HSG and Bocconi should be best (and most difficult to get in). However, HEC is primarily good if you want to work in French speaking countires, and HSG primarily for German speaking countries.

Other continental business schools along these lines you should consider are SSE, ESADE and RSM.

Of the other ones you mentioned, IE is probably best. Mannheim, BI and Bath should be reasonably ok to get in, although Bath does not really fit into this list in my opinion.

Aug 14, 2012 - 11:58pm
zewa, what's your opinion? Comment below:

HEC is the best school on your list. I would also consider IE because the lifestyle will be great and it also is a pretty good school. I am from Germany and i would advise againt mannheim. It is overcrowded so you simply get lost as an exchange student and nobody will notice you. St Gallen is a great school but the location is not what i would want from a semester abroad... Its HEC or IE in my opinion. Maybe Bocconi but getting a job in the region would be close to impossible because the economy is very bad in italy (applies to spain to to some extent)

Aug 14, 2012 - 11:59pm
MandAisOkay, what's your opinion? Comment below:

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