I am facing a decision to pick a master's in finance program and would really appreciate your experience and insights. In short about me, I am Croatian with a non-target bachelor's degree in Economics with high GPA, 9 months M&ACEE team in Vienna and student exchange at NUS in Singapore. My ambition with the Master program is to first land a in in London, and then hopefully an FT role.
I got admitted to HEC Paris Master in International Finance (#1 in FT ranking) and Bocconi Msc in Finance which I both see as very good and well-regarded programs and the choice is not clear-cut.
Below are some pros and cons of the programs from my current point of view based on inputs I received so far:
HEC Paris MiF
+ international reputation and top rankings
+ exclusivity (class size of 50-100)
+ top-notch student cohort ("like Harvard MBA adjusted for age")
+ supposedly very good placement in London (50% of class) with focus on IBD
- costs (around EUR 35k altogether)
- short 10-month program (more risky - one shot for summer internship, less time to prepare etc.)
+ arguably best London IBD placement of all continental Europe schools
+ large alumni network in London (representation in all big banks, and in large numbers)
+ 2-year program is less risky
+ affordable (full scholarships available, total costs )
+/- less international, but very good reputation in Europe
- massive and very competitive (class size of 250)
In my view, what this comes down to is whether an investment of extra EUR 25k in an HEC Paris degree could somehow pay off in terms of better placement opportunities. Right now it seems to me that this would not be the case and that actually the return potential would not be commensurate with the risk of going for a quick one-year program and starting a career with a debt burden. Especially when you take into account my profile coming from a non-target bachelor and with a non-UK and de facto non-EU passport in Britain (and who knows how the Brexit situation will roll-out) and a small market where none of the big banks have presence.
What do you guys think? I would really appreciate your comments and if possible, challenging my current view.
Thanks a lot!
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