UCL Econ (with full scholarship) or LSE Econ?

Hey, so I have been lucky enough to get offers from both of these places quite early. I know that LSE's brand name is better than UCL's in finance and their numbers are quite better too. However, I believe I have a good shot at getting a full tuition scholarship from UCL and pretty much nothing from LSE. To pay the full price of tuition + living costs, my parents would have to sell their house and I am not sure if the LSE name is really worth that versus UCL. For context, I am an international student and I hope to get a high finance job in the UK after graduation. So, would UCL with a scholarship be worth it over LSE for me?

8 Comments
 
Most Helpful

On the margin, LSE has a stronger brand name, but your recruiting opportunities at UCL will be largely the same, and the delta simply doesn't justify your family liquidating their primary asset to fund it (most of my spring / summer / FT roles had equivalent figures from both schools)

You also need to stress-test the downside scenarios here. The majority of people who enter university convinced they want to do IB quietly exit the pipeline. Whether because the reality of the work doesn't match the idea of it, a spring week or internship changes their mind, or they just discover a genuine passion for something else entirely (public policy, FP&A, strategy — the list goes on). That's completely normal and healthy. But the version of that story where your family has already sold their house to get you to LSE is a very different and much harder situation to be in

Even in the optimistic scenario where you stay fully committed to banking, you'd be carrying enormous financial and familial pressure through a process that, even for strong candidates, can be a bit of a crapshoot. And then the pressure / committment would have to be sustained beyond to (I imagine) make your family whole again

Take the full ride. The house isn't worth the marginal brand uplift

 

Did one, lots of close friends from the other. Would take UCL Economics given your circumstances.

Both place very well, see people from both across BBs in London. LSE opens doors for HF/PE in a way that UCL Economics likely will be a much tougher battle from, but as the commenter above mentioned, it's not worth selling a house over.

 

UCL given the risk reward pay off. Also will be a cracking answer to the “tell me about a time you made a hard decision” question you’ll inevitably get in spring/summer/FT recruitment processes

Engineer in Finance
 

adrien3:

UCL. In this market you'll need to do a master eventually anyway. You have competition from 27 year old continental Europe kids from hec bocconi escp thinking one more off cycle wouldn't hurt lol. 



Considering how crappy the UK student loan system is, I would avoid it as much as possible. 


don’t think masters is required at all, so long that you’re locked in early on and commit to recruiting

 

Rerum ut ipsam consequatur voluptas et. Explicabo vitae dolor maxime necessitatibus. Minima numquam consequatur nisi et consequatur molestiae.

Illum est ratione aut necessitatibus aut laborum dolore. Quas adipisci iste magni deleniti. Eum temporibus tempore maxime id sunt. Iure et ullam molestias rerum molestiae atque.

Porro odio est et et. Quia vel tempore sint quia adipisci occaecati dignissimos.

Nobis ipsa minus consequuntur similique. Veniam ea exercitationem dignissimos voluptates. Illo molestiae occaecati voluptas recusandae consectetur accusamus vero. Commodi asperiores inventore ipsa quaerat enim eum ducimus. Nihil ullam molestias rerum quibusdam pariatur et. Eos ipsa illum voluptatem voluptatem inventore praesentium nihil. Nemo dolores similique voluptates aperiam exercitationem natus.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
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...”