Choosing Msc degree (Bocconi, LBS, HEC etc.)

Hi people,

I would like to get your help. I am a student (non-EU) studying BBA (Business Administration). I am looking for management consulting in my country as a future plan but if I wouldn't get the offer I plan to pursue Msc in Europe to search for new chances (also re-apply to the consulting). For Msc, I target places like Bocconi, LBS, HEC, Saint Gallen (HSG) and others. I wanted to ask 2 questions:

  1. In most these places, MiM and Msc in Finance look very good for IB and consulting. I wonder whether Msc in Finance is more favored compared to MiM as it is more rigorous, focused, and gives some sort of more tangible skills + more career opportunities?

  2. While looking to the requirements for these programmes usually MiM accepts from every study major (correct me if I am wrong) but Msc in Finance requires good quantitative background. This "quantitative background" stuff confuses me a lot. My degree is in Business Administration (not so quantitative, for math I took Calculus 1, and will take Business Statistics 1 and 2, I have a chance to take more math courses as free electives). I wonder whether my degree is eligible for Msc in Finance?

Thank You for help.

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Comments (8)

May 15, 2021 - 12:40pm

q2 - Eligibility, absolutely. As a BBA student, I also feel slightly below average on the quant side but at the end of the day, your GMAT will demonstrate these abilities. Nitpicking individual classes tends to matter none from an admissions perspective but will make your life easier. Say for example having linear algebra and econometrics experience would be good at Bocconi, though supposedly not necessary. 

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Most Helpful
May 16, 2021 - 11:04am

Do not see many replies on this - so here's my take. 

1) If you pursure either MiM or Msc Fin from any of these schools listed - you should be good for career opportunities within Europe. What you might want to focus on is where you want to work and where these schools will place you. Example: Msc Fin from LBS/HEC will place you well in London for IB/consulting jobs (in the main London offices). Bocconi/St.Gallen might place fewer candidates in London - but more so can be considered regional placing colleges. Same goes for MiM. MiM in Europe is very similar to an MBA but without the work exp - in this case, pursuing an MBA down the road might question your goals. Kind of like people that pursue 2 MBAs from 2 diff unis (like why?). Msc Fin -> MBA might be an easier transition if you wish to pursue this route. 

2) Msc in Fin also accepts people from various background - but there are not many people from different backgrounds that want to pursue a specific finance degree. Which is why you don't see as many diverse candidates within specific degrees. Msc Fin is not as quant focused as you would think. The courses you have listed will suffice and should be the most you would need anyway. What you are thinking of more so is Msc in Quantitative Finance or Masters in Financial Economics degrees that are highly quant focused. Like hutcointraders stated - regardless of what degree/classes you have, you need to have a strong quant score in GRE/GMAT. You can have all the quant focused classes and a low GMAT quant score might disqualify you. Same way - you can barely have any quant focused classes, but a high GMAT quant score will have them look at your application. 

Good Luck!

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