Which masters to choose?

Based on the most helpful WSO content, here's what you need to consider:

1. Master in Finance at ESSEC (1 year):

   • ESSEC's MSc in Finance is traditionally more focused on financial markets and instruments, which aligns well with your goal of pursuing a career in Sales & Trading (S&T).
   • It is a strong program, especially in France, and offers good placement opportunities in finance roles. However, it is a one-year program, which might limit your ability to gain additional internships or build a stronger profile for FO roles.

2. Master in Data Science from ESSEC & CentraleSupélec (2 years):

   • This program is more technical and data-driven, which could be advantageous in S&T, given the increasing importance of quantitative and data skills in trading roles.
   • The two-year structure allows more time to secure internships, potentially in FO roles, and build a stronger network. However, it may not be as directly targeted for traditional finance roles as the MSc in Finance.

3. Taking a Gap Year:

   • Completing the market risk internship at a BB could strengthen your profile and provide valuable experience.
   • A gap year would also give you time to reapply to top-tier programs like Oxford, LSE, LBS, or HEC, which are highly regarded for finance careers and could provide better placement opportunities in FO roles.
   • However, this path comes with the risk of not securing admission to these programs or FO internships, so it requires careful planning.

Recommendation:

• If your primary goal is to break into S&T, the Master in Finance at ESSEC is the most direct and relevant option. It aligns with your career aspirations and leverages ESSEC's strong reputation in finance.
• If you're open to a more technical path or want to future-proof your career with data science skills, the Data Science program could be a good choice, especially given the growing demand for quant skills in trading.
• Taking a gap year is a viable option if you're confident in your ability to secure a FO internship and gain admission to a top-tier program. However, it carries more uncertainty and should only be pursued if you're willing to take that risk.

Ultimately, the decision depends on your risk tolerance and how much weight you place on securing a top-tier master's program versus starting your career sooner.

Sources: European Master in Finance programmes (pre-experience), Comprehensive guide of studies in France, Msc Finance ranking Europe, Imperial MSc Finance and Accounting vs. ESCP MiM vs. IE MIF, 20 Most Frequently Asked Questions - London Edition