LSE or (Very Lowly Ranked) European Universities
I'm in a sort of dilemma.
I was just recently accepted into LSE to study for a BSc in Mathematics with Economics. In short, the cost of going there (which I had known prior to applying) is exorbitant with the living expenses matching or exceeding the tuition. I can afford to go but I feel a bit disconcerted, like I'm being fleeced by the COL in London.
After much searching, I was able to find universities in Europe which have bachelor's programmes in English which are very rare (Universität Leipzig in Germany and the University of Luxembourg). The cost of going to either, what with the tuition being free, comes out at around 6 times cheaper than LSE.
My question is: is it really worth the money considering that I can always go to a reasonable/top-tier grad school after and with the money I would have saved by not going to LSE? Is the LSE brand worth that much? I'm asking in general as well as with IB in mind.
Thanks.
Go to LSE and don't look back
Not to sound ungrateful, but I'm talking about a difference of >£100,000- I'd like something more substantive than a one line directive. Thanks nonetheless.
What are you trying to achieve? Only do your bachelors and work afterwards? Going abroad? Planning on getting your Masters' afterwards in Germany or the US? What industry or group or company are you aiming at? IB? Consulting?
The tuition and CoL you might skip now could be worth a lot more down the line. However, you could also land good jobs with a decent German degree (Mannheim, LMU, Aachen,..) if you are looking at German employers.
CoL averages for London are typically not correct, for a decent quality/standard of living i.e. compared to Germany the overall costs will be way more than expected or planned.
In all honesty, I'm on the fence with regards to whether I should study finance or economics. If I do decide on finance, I'll go to LSE then get a master's in finance after (from LSE perhaps). If it's economics, I'd need to get a master's in economics if I go to LSE after which I hope to get a PhD in the US but if it's not LSE, I'd want to get a PhD in the US directly after.
I have the feeling that if I end up going to Germany, I'll probably wind up studying economics, whereas going to LSE would lead me towards finance.
As to the specifics in finance, I have not the slightest idea. I don't think I know enough at this point to make any sort of determination. However, if I do study economics, I see myself working in an organisation like the World Bank or maybe going into central banking.
I'm sorry to have to do this to you, it's nothing personal. It's just I've seen too many kids doing this (i think I've also done so in the past) and its really annoying.
Firstly, why apply in the first place if its expensive. There are many other top UK universities outside of London. Secondly, are you really gonna move countries (even though you can afford it).... really?
Congratulations for being accepted into LSE (I think this is what you really wanted). My tip for the future, if you plan to continue using WSO (which is rare for people who do these type of posts) is ask real questions that benefit you and other viewers.
Lets be honest here, you've already made up your mind, some random opinion from the internet isn't going to change it. I could come up with a 10 page essay on why you should go to Leipzig and you would still choose LSE in the end.
I'm sorry to have to inform you that what you lack in perceptiveness, you don't make up for in wit. Do you really think that a 'kid' would seek out WallStreetOasis of all websites for some shallow platitudes? If so re-read the opening sentence. I'm also regretful that so much of your life is spent on this site that my short post here can irk your nerves to the point that you felt it necessary to type out several paragraphs outlining your malaise. Your opinion, as intended, lacked any forethought and usefulness, but I guess such is to be expected of those who have their egos stroked daily on the internet- albeit mostly self-inflicted- so much so that they think their thoughts are the gospel truth.
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