Does a masters degree help me to secure a full time offer?

Hi Monkeys,

I'm currently in my junior year of college and have been thinking about applying for a master's degree, but will it really help me in securing a full-time offer?

Generally, most full-time analysts were previously summer analysts, so my primary goal should be to get an offer as an SA. But how would a master's help me?

In the UK, a Master's usually takes about 12 months, so I should be a SA the year before and therefore apply in June/July during the Bachelor. However, at this point I can't apply for a masters yet, let alone already have an offer for a master. 
In other words, I would only apply with my bachelor's degree, and my master's degree would have no influence on my application.

Nevertheless, all top-universities mention on their website that they place their alumni at top addresses. However most of them spend the summer before their masters at a Bank and already secured a return offer before they even start with their degree. 

Did I get everything right? That your masters has essentially no influence on your full time position.

Please help, I think I am overthinking this.

Thanks

2 Comments
 
Most Helpful

The Msc is just to give you a shot at another SA recruiting cycle (as a penultimate year student). You are right, the Msc essentially does not have any/much influence on securing a FT offer.

Most people put 'planned Masters' on their CV when applying for SA as a final year UG; and then dont end up even doing the Masters. However, some European firms like DB etc, require a Masters acceptance letter else they might rescind your SA offer.

 

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