No-name university final year undergrad student, no internship experience, MSc Economic History offer from LSE - Worth it?

I am currently a final year undergrad from a Dutch University (thus not bad however also not a target by any means), got excellent study results and consequently an offer from LSE in their Economic History Msc programme. I wasn't able to do internships so far (I did volunteer in Africa in a summer however) and thus lack this probably key aspect.

Would accepting the Economic History master @ LSE be worth it if I want to break into London/Dutch/Asian banking? My undergrad study is in business with a major in finance and additional 5-month finance education through my semester abroad at HKUST, a target uni in Asia but likely unknown elsewhere.

Alternatively, I can pursue a Master in Finance & Investments at RSM in Rotterdam. This would cost me 2k and I have already been 'selected' for this.

I heartily thank anybody for their opinions. I feel honoured by LSE'soffer but very unsure if I should take it - I'd have to go into debt (although cheap debt through British and Dutch government loans) but if it does help me out I will have no problem doing so.

 
Best Response

I would say find an internship or take a gap year finding and taking one, after that LSE EH all days. I mean, internship + semi target in UK = Job no internship + lse = hard to find a job

Generally speaking uni means up to 30% of your CV

The name of the game, moving the money from the client's pocket to your pocket
 

Agreed. Try and get work experience.

If you wanted Dutch banking, I'm sure RSM would suffice but for anything else, LSE has a clear edge and being one of LSE's cheaper MSc programmes (whilst still much costlier than RSM), the value for money with that makes for a good option. Additionally, one of the key strengths of doing a MSc is having the brand on your CV for life. So, if you can financially afford it, I'd go for it (this is assuming you have some interest in economic history as a subject).

 

Thanks for the answer mate! Would you say a summer internship at a finance institution doing relevant work in e.g. M&A's or analytical activities would make LSE EH worthwhile?

Furthermore, is it likely that if I defer my offer to next year it'll be accepted? Not familiar with the deferral system.

Also, should I not find an internship in The Netherlands yet still accept LSE's EH - Would this guarantee me an internship in the city after graduating? I'll be more then happy to spend 6 months in the city for valuable experience post-graduation.

 

Provident aut ipsum sunt quas. Ex totam facere id repellat dolorum id. Non at accusamus velit sit tempore atque dolor. Neque temporibus illo totam sunt voluptate explicabo dolorem. Itaque aperiam dicta id ea.

What concert costs 45 cents? 50 Cent feat. Nickelback.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
kanon's picture
kanon
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”