Hustling my way into IB in London

Hi, it's my first post but I've been lurking here for some time and would very much appreciate if someone could give me his opinion.

I will graduate this year with the equivalent of a bachelor of business administration from a no-name university in a no-name country, and although I have top grades, breaking into IB in London looked to me like a distant dream until recent developments. I got offers to study for an MSc at LSE in Management and at Imperial College in Finance.

My question is: should I go to LSE for the alumni network or Imperial for the programme course?

Hustling my way into IB will require a lot of networking and I know LSE is better in that regard. If I choose electives in corporate finance, would I make it to the interview? I plan to target boutiques first, gain IB experience and try to get a BB off-cycle internship.

The Imperial course includes modules about derivatives and portfolio management, and I feel like I wouldn't have much time left to do internship hunting and networking, so I'd really like to know if it is doable to pass the screening with an MSc from LSE in the field of management. Thank you.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (2)

  • Intern in IB-M&A
Apr 18, 2020 - 2:38pm

In order to answer the question properly you should state did you received the scholarship, do you have any relevant previous experience, do you have EU passport and where do you come from? Big country/important language will open more doors and being from a specific region will be a clear benefit at some banks.

What about your budget? Eastern Europe is a broad term, 30k EUR tuition and 20k for a living does not have the same value in lets say Slovenia and Moldova.

Start Discussion

Total Avg Compensation

April 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (188) $234
  • 2nd Year Analyst (107) $150
  • Intern/Summer Associate (96) $145
  • 3rd+ Year Analyst (26) $145
  • 1st Year Analyst (391) $132
  • Intern/Summer Analyst (322) $82