LBS MFA vs Oxford MFE

Hi all,

I've been lucky enough to receive offers from both the LBS MFA and the Oxford MFE, and I'm now trying to decide between them. Looking for honest input in order to help me decide.

My main goal post-graduation is to recruit directly into IB or PE in London - ideally bulge bracket / elite boutique on the banking side, or a mid/large-cap PE fund. So my two core questions:

1. Which programme has the stronger placement into London IB/PE for someone targeting full-time roles (or SA first if necessary) straight after graduation?

2. What's the student experience actually like? From my understanding, LBS is in central London with a more social, MBA-adjacent vibe, while Oxford is a proper campus/collegiate experience but more removed. How do these programs position you for having fun/making friends outside the classroom and library? What does a usual day look like?

Any perspectives are highly appreciated. Happy to share more about my profile if useful.

Thanks!

3 Comments
 

When comparing the LBS MFA and Oxford MFE, here’s what you need to know based on the most helpful WSO content:

1. Placement into London IB/PE:

  • LBS MFA: The program is highly career-focused with stellar placement across the finance spectrum, including IB and PE. It benefits from LBS's strong institutional reputation and proximity to London, which facilitates networking and access to top firms. The program values work experience, and the cohort often includes individuals with impressive professional backgrounds. Networking opportunities with MBAs and alumni are a significant advantage.
  • Oxford MFE: Known for its academic rigor, the MFE also places well in IB and consulting, with some opportunities in PE (though less common). However, the demand for the program in PE is lower compared to IB. The program’s quantitative focus can be a differentiator for roles requiring strong technical skills.

For your goal of targeting bulge bracket/elite boutique IB or mid/large-cap PE in London, both programs are strong, but the LBS MFA might have a slight edge due to its career-oriented structure and direct access to London-based firms.

2. Student Experience:

  • LBS MFA: Located in central London, the program offers a vibrant, social, and MBA-adjacent vibe. The city itself provides endless opportunities for networking, socializing, and cultural experiences. The smaller cohort size fosters close connections among students, and the integration with MBA students enhances the overall experience.
  • Oxford MFE: Offers a traditional collegiate experience with a beautiful campus and a more academic environment. The social life revolves around the college system, which can be a unique and enriching experience. However, being removed from London might limit spontaneous networking opportunities compared to LBS.

Usual Day:

  • At LBS, expect a mix of classes, networking events, and social activities in the heart of London. The proximity to financial hubs means you can attend events or interviews without much hassle.
  • At Oxford, your day might include rigorous academic sessions, college dinners, and a quieter, more focused environment. The collegiate system ensures a tight-knit community, but the pace of life is generally slower compared to London.

Final Thoughts:

If your primary goal is to maximize placement opportunities in London IB/PE and leverage a dynamic, career-focused environment, LBS MFA might be the better fit. However, if you value a traditional academic experience with a strong quantitative foundation and a unique collegiate culture, Oxford MFE could be more appealing. Both programs are excellent, so your decision should align with your personal preferences and career priorities.

Sources: European Masters Rankings, MM pe vs MF, European Masters Rankings

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

Some points to consider: 

  1. Oxford MFE  is quite academically intensive
  2. LBS MFA lets you do a 4th term to make you eligible for summer internships. Could be key, particularly if you feel like your profile lacks in this area
  3. Oxford MFE classes are smaller and place very well, especially if you already have relevant internships since you wouldn't have to worry about not having the expected work experience to land an off-cycle or FT role
  4. Because it’s in London and less demanding, the MFA could potentially be more social, like you said. I don’t know how it compares with Oxford’s campus experience, though, especially given that it’s still an intensive one-year programme
  5. This is more subjective and anecdotal but from what I've seen on this forum pretty much every time this question is asked Oxford MFE is considered a better programme, at least when assuming the candidate has enough relevant experience
 

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