Uni decision

Based on the most helpful WSO content, here are some insights to help you make your decision:

1. Bocconi University (3 years, Economics and Finance, 1700 euros/month)

   • Bocconi is well-regarded in Europe for finance and economics.
   • The shorter duration (3 years) might allow you to enter the job market sooner.
   • The cost of living in Milan is relatively high, but 1700 euros/month should be manageable.

2. Edinburgh University (4 years, Finance with Business, 1400 pounds/month)

   • Edinburgh has a strong reputation, especially in the UK.
   • The program's duration is longer, which might give you more time to build a network and gain internships.
   • 1400 pounds/month in Edinburgh is relatively comfortable.

3. University College London (UCL)

   • Path A: Stats, Econ, and Finance with Government Scholarship (1400 pounds/month)
     • UCL is a top-tier university with a strong reputation in finance and economics.
     • The combination of statistics, economics, and finance is highly relevant for IB and asset management.
     • Living on 1400 pounds/month in London can be challenging due to the high cost of living.
   • Path B: Statistics Major with Local University Scholarship (3k/month)
     • Studying statistics at UCL and then pursuing a master's could provide a strong quantitative background.
     • The higher monthly allowance (3k/month) would make living in London more comfortable.
     • Statistics is highly valued in finance, but you might need to supplement it with finance-specific knowledge or internships.

Advice: - Relevance to IB/Asset Management: - Economics and finance programs (Bocconi and UCL Path A) are directly aligned with the skills needed for IB and asset management. - A statistics major (UCL Path B) is also valuable, especially for roles that require strong quantitative skills, but you might need additional finance-specific experience.

• Networking and Internships:

  • UCL and Bocconi have strong networks in the finance industry, which can be crucial for breaking into IB or asset management.
  • Edinburgh also offers good opportunities, but the network might not be as strong as UCL or Bocconi.

• Cost of Living:

  • Consider the cost of living and how comfortable you will be with the monthly allowance provided.

Conclusion: - If you prioritize a strong finance network and direct relevance to IB/asset management, UCL Path A or Bocconi might be the best choices. - If you value a higher monthly allowance and are comfortable with a more quantitative focus, UCL Path B could be a good option. - Edinburgh is also a solid choice, especially if you prefer a longer program with a balanced focus on finance and business.

Ultimately, the best choice depends on your personal preferences, financial situation, and career goals.

Sources: Asset Management vs Investment Banking 101, Breaking into long only Asset Management, Best college major for IB at Ivy?, Best way for an accounting major to break into finance?, High School....now what? AM career??