AFC Bocconi (in Italian) or Corporate Finance Luiss (in english) for IB/MBB?

Hi everyone,

I have a doubt concerning my future master of science. I am an Italian student with the aspiration of working in either IB or MBB in Italy.

I have been admitted to Accounting, Financial Management and Control at Bocconi and being already a bachelor student at LUISS I was admitted also to the master in corporate finance at LUISS. I perfectly know that the brand of Bocconi is superior to LUISS, but there are some thoughts coming to my mind.

  • I think that the corporate finance course is more in line with the competences required for a job in IB or in MBB.

  • The course in corporate finance is taught in english while the AFC course at Bocconi is taught in Italian (my bachelor was held entirely in english and I think that studying in english is a plus).

  • Living in Rome with my parents I don't have to pay the rent and the other expenses. (I would have to spend 50% of my savings in order to sustain the cost of living in Milan).

To sum up, I would like to know whether studying AFC at Bocconi in Italian is, despite the aforementioned reasons, the best choice for working in IB and MBB (considering that in Italy also LUISS is well regarded).

Thanks for the attention.

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Comments (6)

May 31, 2021 - 6:17am

Italian vs English taught is completely irrelevant, since your CV will always be in english and I suppose you know the terms in english if you want to apply to IB

All else being equal, AFC Bocconi >> Corp Fin LUISS, it's not even close for the average candidate. The choice changes if you have past experience / contacts that could get you an internship. LUISS candidates do get called to interviews sometimes (very rarely, I would say 1/2 per year) in places like Rothschild, Lazard, Bank of America if they are good. Honestly I've never seen an MBB consultant from LUISS, but might just be that I don't have a shared network with them. Even if you don't manage to get IB/MBB, AFC gives you better chances to land a good job because the Bocconi JobGate has better offers basically reserved to Bocconi students.

Another thing to consider is that AFC is more difficult (even if I would not call it a difficult degree) than Corp Fin at LUISS, so you might want to understand if you would be able to keep at least a 28/30 GPA, while preparing applications/interviews, to be a good candidate.

Obviously here we are talking chances, so make your own choice accordingly. It's your call if it's worth investing 50% of your savings (which at 23 I would suppose it's not a huge portion of your life savings) in a better chance of higher income/better job overall.

May 31, 2021 - 6:40am

Thanks a lot for your answer. The other doubt is about the AFC course and the fact that is very often associated with controlling and auditing, two sectors in which I don't want to work in. In your opinion can this be a negative side when sending applications for IB and MBB (that very often take Bocconi alumni from finance and international management)?

May 31, 2021 - 7:41am

Obviously in Bocconi the course which is more "prestigious" and more target is Finance for IB and IM for MBB, but I would say that IM and AFC candidates get IB internships at the same rate. For MBB it's a similar statistic, only inverting Finance and IM due to interest of students.

If you perform quite well in AFC (GPA > 28.5, I would guess) you can compete with people from Finance/IM, you are at a slight disadvantage but it's definitely doable, more so if you want to work in Milan where I'd say that FIN and AFC are considered almost the same because the more corporate focused coursework in AFC is appreciated. I know a number of people who managed to get into IB and MBB both in Milan and London from AFC by acing the apps and interviews

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