LSE MSc Economic History worth it for finance jobs (IB/Equity Research)?

Profile:

  • 8.2/10, BSc Economics at a Top Indian College (Currently Final Year) 
  • Financial Risk Management (FRM) P1 Cleared with top quartiles
  • GRE: 168V/162V
  • Work Experience/Leadership: Business Development/Management Trainee Internship at a large National Optical Retailer. (Involved mostly in e-commerce and Product) 
  • Leadership Role in the University's Finance Club. 

Context:

  • I am interested in the programme and have already applied. I do not think I am eligible for an MFin since I lack a relevant Finance Internship. 
  • Also applying to Warwick MSc Finance & Economics, LBS MiM, Cambridge MPhil Management. 
  • Will definitely complete a relevant internship before going if I am admitted. 

Question(s): 

  • Is the MSc Economic History programme valued by IB recruiters or only Finance Grads are considered? 
  • Which is better for IB, LBS MiM or LSE MSc Econ Hist? 
  • If I do get in to LSE and I end up going is there any advice on how to maximize my chances of landing an IB role after graduation? 
4 Comments
 
Most Helpful

I feel like for all schools on your list you’ve only chosen the second best master to get into IB/PE.

LSE -> MSc Finance (+ Private Equity)

Warwick -> MSc Finance

LBS -> Master Financial Analysis

Cambridge -> MPhil Finance

For LSE Economic History, I don’t think it will place particularly well. LSE has tons of masters but only a few are worth pursuing if you want to stay in the UK. Warwick places very well on undergrad level (second to LSE in the UK) but I can’t speak to the reputation of their masters. Always felt like they were either really academically focused or sort of a second chance on a good name if your undergrad wasn’t strong.

LBS MiM is well known but I feel like it‘s always second to the Financial Analysis one and prepared you better for consulting than IB/Pe.

Cambridge MPhil is immensely academic and once again, probably more useful for consulting. I‘d be amazed if you could do mich finance in a programme that‘s actually supposed to prepare you for a PhD in management.

Hope that helps.

 

I feel like I do not have the profile for a proper MFin at these schools due to my lack of work experience. LBS is quite open to Indian students and it is relatively uncommon for us to have Brand Name finance internships during undergrad, so I will try my luck with the MFA. 

Could you rank LSE MSc Econ Hist, Warwick MSc Finance and Economics, LBS MiM for me? LBS MFA will definitely be my first and best option if I make it there. 

P.S thanks for all the advice. 

 

Sure. I‘d say

  1. LBS MiM (assuming you do lots of Finance)
  1. Warwick Finance and Econ
  1. LSE Economic History. Problem here is nobody at the banks really cares about the history of Economics, they care about you being able to build a financial model, which you only can if you studied Finance (either as part of a Finance, Economics, or Management degree)

I‘m by no means a recruiter but to me (sorry for being so direct, this is not me being rude but just honest) an LSE MSc Economic History would seem like you chose an easy way to get LSE on your CV.

 

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