Best MSc route for London IB with my profile: RSM F&I value play vs LSE/LBS/Bocconi?

Hi all,

I’m trying to decide which master’s route gives me the best realistic shot at breaking into London IB, ideally M&A or ECM, and would appreciate advice based on my specific profile:

  • Nordic
  • BSc International Business Administration from RSM
  • Languages: English + one Nordic language; no Dutch, German, French, or Italian
  • Work experience:
    • Finance internship
    • Boutique consulting internship in my home country
    • IB internship at a global middle-market boutique in my home country
  • I will have a 2-year gap between bachelor’s and master’s due to military service, IB internship(s), and GMAT preparation
  • Goal: London IB, preferably M&A or ECM
  • Backup / stepping-stone idea: get a Dutch IB internship first, then try to lateral / recruit into London

My main question is about my specific situation. Would RSM MSc Finance & Investments be the best value-for-money route if I want to try for a Dutch IB internship first and then move to London? Or, given my profile, would paying up for LSE/LBS/Bocconi/HEC/St. Gallen materially improve my London chances? I know LSE/LBS are top but expensive. Also aware Dutch IB is tough without Dutch (except maybe ABN/Rabo).

Also, how would the 2-year gap be viewed if it was due to military service, internship(s) and GMAT study?

Thank you!

13 Comments
 

Based on the most helpful WSO content, here's a breakdown of your situation and the best MSc route for London IB:

1. RSM MSc Finance & Investments (F&I) as a Value Play

  • Pros: RSM is a cost-effective option and has a solid reputation in the Netherlands. If your strategy is to secure a Dutch IB internship first (e.g., ABN AMRO, Rabobank), RSM could be a good stepping stone. However, as you noted, Dutch IB is challenging without Dutch language skills, which could limit your options.
  • Cons: RSM's reputation and network for London IB are weaker compared to top-tier schools like LSE, LBS, Bocconi, or HEC. While it’s possible to break into London IB from RSM, it’s less common, and you’d need to heavily rely on networking and strong internship experience.

2. LSE/LBS/Bocconi/HEC/St. Gallen

  • Pros: These schools are considered top-tier for London IB and have strong alumni networks, career services, and brand recognition. LSE and LBS, in particular, are highly regarded in London and would significantly boost your chances for M&A or ECM roles. Bocconi and HEC also have strong placement records in London IB, with Bocconi being a bit more cost-effective than LSE/LBS.
  • Cons: The cost is significantly higher than RSM, and you’d need to weigh whether the investment aligns with your financial situation and career goals.

3. Your Profile and the 2-Year Gap

  • The 2-year gap due to military service, internships, and GMAT preparation is unlikely to be a major issue, especially if you can frame it positively. Military service is often viewed as a sign of discipline and commitment, while internships demonstrate relevant experience. Just ensure you can clearly articulate your story and how these experiences have prepared you for a career in IB.

4. Recommendation

  • If your budget allows, pursuing a master’s at LSE, LBS, Bocconi, HEC, or St. Gallen would materially improve your chances of breaking into London IB. These schools have stronger networks and placement records in London compared to RSM.
  • If budget constraints are significant, RSM could still be a viable option, especially if you focus on securing a Dutch IB internship first and then lateraling to London. However, this route is riskier and requires more effort in networking and positioning yourself for London roles.

5. Additional Considerations

  • Networking: Regardless of the school you choose, networking will be critical. Attend events, connect with alumni, and leverage LinkedIn to build relationships in the industry.
  • Language Skills: While not mandatory for London IB, improving your proficiency in another European language (e.g., French, German, or Italian) could open more doors, especially if you consider roles outside the UK.

In summary, if you can afford it, LSE or LBS would be the best options for maximizing your chances in London IB. Bocconi and HEC are strong alternatives with slightly lower costs. RSM is a good value-for-money option but comes with limitations for London IB, especially without Dutch language skills.

Sources: European Master in Finance programmes (pre-experience), Msc Finance ranking Europe, https://www.wallstreetoasis.com/forum/school/uk-master-in-finance-advice?customgpt=1, RSM or SSE (Master's in Finance in Continental Europe on budget)

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

RSM has one of the best value for money! I would go for it except if you have LBS/LSE or Oxford. Those really increase your chances the others less!

 

Rsm isn't really a target in London. If you have an IB internship and a consulting one already then just do lse/lbs or similar. You'll have much higher chances this way in landing a London role

 

I think you can get into LBS/LSE with your experience. Most of their cohort is international and doesn't have your level of internships so you'll be top candidate. 

For master yes any from imperial escp Essec or bocconi would be easily worth it over RSM for London. Also gives you more than one alumni base to access, and higher chances to get screened 

 

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