LSE Econ vs Tier 2 US Target School

Have offers from both LSE and a 2nd tier target school in the US (think Duke/Georgetown/ND/UVA). I'm an international student with a slight preference for working in the US, but I'm curious to know which school would position me better for top BB/EB roles.

 

LSE would be more prestigious and you'd probably have a marginally easier time recruiting for top BB/EB roles in the UK compared to what you would recruiting for those same roles in the US from the tier 2 schools you mentioned. However, landing a BB/EB role from the schools you mentioned is definitely doable with some work, so if you are leaning more towards US you may want to go for one of them   

 
Funniest

You'll get a top IB job regardless but think about the country you wanna live in. Americas the best country in the world (a Tier 1 in fact) so that's a no brainer. Not to shit on that little rainy island over there but if you want to connect with American bankers you have to relate with something other than cricket and beans with toast. Also Brits get paid less. Your move.

 

Can talk about the many global sports played in America and nowhere else such as NFL, NBA, MLB instead

 
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At LSE. Go to the US target. Recruiting is a clown show here (more so than America) and it starts fall of your first year (for UK; spring week apps often open before your first year even begins) as opposed to USA where it is second year so you have more time to prep. Banking/finance in the US is generally better than the UK as well and all my friends want to move to the USA at some point. Also odds are the US target will be more fun than LSE (which is not that fun) and you should factor that into making your college decision. 

 

Would echo the point about recruiting being a shit show. In the states, the process is network with alumni -> get interviews for summers. In the U.K., it's apply to spring weeks and summer before your first and second years even begin, and it's through online apps and hirevues which get screened by HR, who constantly reject top candidates at this stage and which makes the process super random. Additionally, U.K. uni is only three years, which gives you fewer recruiting cycles to break in than in the US and also less time and fewer opportunities to build up extra-curricular experiences (both finance and non finance). Finally, the US economy is much more active, meaning more M&A, and you have the opportunity to recruit for more firms in multiple Tier 1 and Tier 2 cities competing against pretty much only US students, vs London which has fewer firms, no other cities (unless you are from a European country and speak the language), and compete against the top candidates from all across Europe. Add to this that in the US firms usually look to take finance/business/econ students, vs London which welcomes applications from all subjects. So I think the odds are very reasonable if you put in the work from a US semi-target, vs a crap shoot even if you're an oxbridge in the UK. (Source: an oxbridge grad).

 

It depends

LSE has 10ppl out of 40 for the IBD summer associate/analyst at GS, that tells you something.

At LSE it’s all dependent on yourself, most ppl here who try for an internship properly get a good offer you would be surprised by the amount of people who don’t even try at LSE. Most jsut apply for the sake of it, those who try do well, very well and usually dominate the London market from BB tk boutique and PE, and the UK is cheaper and you could always go the US later

The US I don’t know much about have a few friends but it seems to get to NY top group top firm is more competitive and recruitment is totally different, emphasising network and connections

 

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