LSE MSc Finance vs HEC MIF

Hi all,

I am fortunate enough to be in the position to choose between two excellent masters. I am leaning towards LSE as it is my aim to work in London. However, I have heard that LSE's placement in recent year has declined (no idea how true this is) and HEC has an overall better placement (maybe MiM bias?).

My current WE is 1 year as an IB analyst at a regional shop in Europe (no-name but has closed a few deals). I have a high GPA in Economics at a semi-target in my country.

I hope some of you can share insights on the pros/cons of each to help me make my choice.

 

How much better placement - would you say there was a significant difference or just luck of the draw?
I am wondering if it mostly a function of the fact that many studnets go the MiM route (so they have 1 year to take an internship, and then recruit on their final year) vs the actual 1 year MIF.

 

From my what I saw in my LSE Mfin class, those who got into IB got into a low to mid tier BBs/EBs, while only very few got GS/MS/JPM, can only remember 1 landing a MFPE (BX/KKR). Also a small (but still significant) portion didnt get into IB/PE at all, but unsure if they simply didnt want to

In comparison, when I come accross HEC profiles, Ive seen more GS/JPM/MS type profiles

I think one of the issues could be internal competition. LSE has the MFin but also MAccFin, MFinandPE, MFinandEcon plus the bachelor degrees (Econ, Fin, Math and Econ, and so on), so if a bank says "lets hire 20% of our class from LSE and the other 20 from HEC", then it becomes much more competitive at LSE

I didnt know abot the MiM route, could definitely play a big role into placement

 
Most Helpful

I attended another school but have plenty of friends from both -

You are splitting hairs here, so wouldn't really take placement into account (my 2 cents). If you can't find a good gig from either of these, I would assume there were other issues unrelated to being at LSE or HEC.

Few things to take into account:

1. If you are French or come from the French sphere of influence (e.g. Benelux), I would go with HEC. You never know when you may want to go back home and having HEC on your CV will help. Otherwise, LSE carries more weight globally - nowhere close to Oxbridge, but still better than European schools which are all lumped together to an extent (HEC but also HSG, Bocconi, etc)

2. HEC will be a much more practical education, courtesy of LSE's theoretical approach, which will be a plus if you are looking for jobs in M&A / corporate finance (can't opine on quants but would assume LSE works better there). HEC also rewards much more previous experience at admission which is why placement may seem a bit better at first glance. My fund do not hire analysts but if I were to pick a HEC candidate with previous 6 months at a bank vs the LSE candidate looking for their first gig, the choice is obvious. There is therefore some bias here - if you have experience (which I see you luckily have) I would assume your prospects to be the same from either school 

3. LSE is in a great spot in Holborn. Jouy is anything but exciting - unless you're keen on campus life, chances are you won't like it 

 

Quo incidunt quaerat quis sequi voluptas sapiente. Error pariatur rerum nisi hic culpa officia aliquid. Velit necessitatibus ea qui id cumque.

Suscipit ut facilis vel velit qui sapiente omnis. Deleniti beatae atque illum consequatur distinctio. Doloremque perspiciatis dolor aut est. At quo ullam unde odit.

Et vitae quae eum porro et non culpa. Deserunt inventore recusandae quibusdam aspernatur omnis dignissimos repellendus. Aut explicabo omnis architecto laboriosam. Nihil ut voluptatibus vitae nihil reprehenderit. Rerum autem vero sapiente consequatur vero minima deserunt. Repellat atque debitis tempore reprehenderit corporis modi omnis. Odio sed sit dignissimos et dolorum magni.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”