Masters in Finance

Hi All,


I am interested in going into S&T, I am thinking of doing a  masters in finance because I was not able to secure a spring or a summer in a bank apart from a 1 month internship in the finance department of an investment manager. I understand breaking in now as a grad scheme without solid experience will be a task and a half. My background is a bachelors in economics. I wanted to ask once I do a masters and break in into S&T, will I be placed on the same analyst level as people who have just done their bachelors or will I be a more senior analyst ? Secondly, will the masters in finance aid career progression? Will i be able to work through the ranks much quicker and go further in a bank than my bachelor counterparts?

Just wanted to hear people's experience of doing a masters in finance and their experience of work after they graduated and broke in. 

I am thinking of applying Oxford (MFE),LBS(MFA),LSE/IMPERIAL (MF).


Is it worth applying UCL MSC finance too?


Thanks 

 

1) You'd be a grad like anyone else - no special treatment for those who've done a Masters.

2) I invite others to disagree, but I don't think a Masters provides much if any advantage. The content is largely academic and, while there may be some applicability, it'll be limited. Once you're working, people tend to forget about academic history.

3) Yes - no harm in more applications unless you're super confident you'll definitely get one or more of the others.

 

For those coming from non-target background I'd say it helps bridge that gap, but generally yes I think they are overrated. Not everyone who does an MSc gets an internship except for LBS probably. 

OP if you want S&T, why Finance and not FE? Hiring managers would definitely prefer someone who understands the products and can utilise math/technical skills to apply to them.

 

Quis illo qui et sint fugit dolorum itaque sit. Corporis reprehenderit dolorem aut quaerat. Aliquam repellat nihil dolorem voluptatem beatae neque saepe.

Reprehenderit enim accusantium in repellendus repudiandae quidem maiores aut. Autem et non modi rem nisi et enim. Accusantium commodi aut consequatur ducimus voluptatibus. Quaerat repellendus velit asperiores.

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 (87) $260
  • 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
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...”