Oxford MFE, LSE MFE legit?

Hi,

I am just wondering if anybody has intimate knowledge of Oxford's Masters in Financial Economics and London School of Economics' Masters in Finance and Economics. I know both of these schools are considered target schools but am unsure about how they measure up against Ivies in New York in terms of prestige. Also, if my plan is to tell the IBs during campus recruiting that my first preference would be to return to New York...would that be an automatic turn off? According to the student profile of Oxford's MFE program, only 2% of their students went to work in the US with the majority ending up in Europe and a large chunk in Asia. If anybody could provide some advice, it would be really appreciated.

 

yeah, pretty fucking retarded if you ask me - but I think if you look at placement, that's where the sugar is - LSE places the best in the UK for banks, so I guess it may trickle over for NYC.

I'd still pick Oxford for the rep though.

 

So runtothehills, would you pick LSE over Ox? I've heard its extremely difficult for a foreigner to obtain a work visa in the UK, so my best bet would probably be to ask the banks to place me in NYC. Does anyone know if that is common practice in UK recruiting or is that considered an exception?

 

...I don't understand how you can assume that I have not got into the LSE program w/o further information. The Princeton program is a great program but I would like to add an international dimension to my education.

 
accountingmonkey:
...I don't understand how you can assume that I have not got into the LSE program w/o further information. The Princeton program is a great program but I would like to add an international dimension to my education.

the ? mark after asking "First, Get into the LSE program" is just for that reason. If you can't get in, then it's a moot point regarding whether Oxford or LSE push people into NYC post graduation.

I didn't assume anything, more just nudging for more information.

If you want an international dimension, this would be a good way to do it. I would save your MBA for an American school.

 

LSE is better for placement in the US. Oxford has a TERRIBLE careers service, while LSE has 50% foreign students and is very good at getting its alumni into jobs around the world.

For academic prestige, Oxford wins, but i-banking is a different story. LSE is miles ahead, especially at postgraduate level.

 

guys guys...be serious!it's TERRIBLY EASY to get into LSE if you're from a top 25 US school and you have the money to pay....in general apart from Oxbridge every other university in the UK is like a degree-supermarket...there's an implicit commercial agreement between you, and the supermarket: "I will pay you 16000 pounds and you'll sell me a shitty masters with your splendid name typed in bold letters, so that I can break into IBanking" (and don't be so sure about that either because they accept tons of students) ... I have LOTS of friends studying at LSE and I can assure you about that...Have you ever wondered why US top unis don't offer professional masters programs in general (MFins and MBA excluded)?--->it's because by keeping the supply low they keep their names high!!!

and in general, I don't think with an LSE degree you could land positions in the US right after getting your degree; you'll have to work in the UK first and then ask for relocation...(Have you ever tried to land a position in Europe even with an Ivy League degree?I assure you it's not that easy...if you've started in the US though and ask for relocation 18months later it's quite different)

 
GreekGod:
guys guys...be serious!it's TERRIBLY EASY to get into LSE if you're from a top 25 US school and you have the money to pay....in general apart from Oxbridge every other university in the UK is like a degree-supermarket...there's an implicit commercial agreement between you, and the supermarket: "I will pay you 16000 pounds and you'll sell me a shitty masters with your splendid name typed in bold letters, so that I can break into IBanking" (and don't be so sure about that either because they accept tons of students) ... I have LOTS of friends studying at LSE and I can assure you about that...Have you ever wondered why US top unis don't offer professional masters programs in general (MFins and MBA excluded)?--->it's because by keeping the supply low they keep their names high!!!

and in general, I don't think with an LSE degree you could land positions in the US right after getting your degree; you'll have to work in the UK first and then ask for relocation...(Have you ever tried to land a position in Europe even with an Ivy League degree?I assure you it's not that easy...if you've started in the US though and ask for relocation 18months later it's quite different)

For the Accounting.Finance Msc from LSE... 850 applications, 187 enrolled. The don't give exact statistics on places offered, but you would imagine that it's at most 300. That's still in between 25% to 40% probably. Check top 10-25 MBA programs and their acceptance rates, its right on par.

Don't shit on everything until you offer so statistics you angry Greek God ...

 

You obviously haven't read Liar's Poker.

GreekGod:
guys guys...be serious!it's TERRIBLY EASY to get into LSE if you're from a top 25 US school and you have the money to pay....in general apart from Oxbridge every other university in the UK is like a degree-supermarket...there's an implicit commercial agreement between you, and the supermarket: "I will pay you 16000 pounds and you'll sell me a shitty masters with your splendid name typed in bold letters, so that I can break into IBanking" (and don't be so sure about that either because they accept tons of students) ... I have LOTS of friends studying at LSE and I can assure you about that...Have you ever wondered why US top unis don't offer professional masters programs in general (MFins and MBA excluded)?--->it's because by keeping the supply low they keep their names high!!!

and in general, I don't think with an LSE degree you could land positions in the US right after getting your degree; you'll have to work in the UK first and then ask for relocation...(Have you ever tried to land a position in Europe even with an Ivy League degree?I assure you it's not that easy...if you've started in the US though and ask for relocation 18months later it's quite different)

 

do you have a disagreement over what I say? Prove I'm wrong!!!Isn't your school a supermarket?doesnt it sell degrees to people like you? Each of your departments has 5 Masters degrees to offer...Do Harvard or Princeton have this system? Also, why I dont know any guys from LSE making it to Ivys for PhDs or even for MBAs? (check out facebook to see if i'm right or not...) And also why do I know kids from Ivys, of the caliber of Brown, coming to LSE with a 3.2 GPA? Because your school is CRAP!that's why! Why Oxbridge has exchange programs with Harvard, Princeton and MIT and you don't?Tell us my dear friend, which unis do you have exchange programs with in the US?University of Arizona or Community College of Santa Barbara? So, if you have nothing to say, shut up your mouth and admit your inferiority!

ps: and also LBS is another story...very good school but very difficult to get in without work experience...and it's a good school because it operates with US standards...

 
GreekGod:
do you have a disagreement over what I say? Prove I'm wrong!!!Isn't your school a supermarket?doesnt it sell degrees to people like you? Each of your departments has 5 Masters degrees to offer...Do Harvard or Princeton have this system? Also, why I dont know any guys from LSE making it to Ivys for PhDs or even for MBAs? (check out facebook to see if i'm right or not...) And also why do I know kids from Ivys, of the caliber of Brown, coming to LSE with a 3.2 GPA? Because your school is CRAP!that's why! Why Oxbridge has exchange programs with Harvard, Princeton and MIT and you don't?Tell us my dear friend, which unis do you have exchange programs with in the US?University of Arizona or Community College of Santa Barbara? So, if you have nothing to say, shut up your mouth and admit your inferiority!

ps: and also LBS is another story...very good school but very difficult to get in without work experience...and it's a good school because it operates with US standards...

You should be banned!

 

ahhh..and also I never said my friends didnt get jobs...but I certainly know MANY people that didnt (bec if you produce 500 masters students each year it's natural that not all of them can get IBanking placements...Didnt they tell you about the laws of supply and demand in your Micro I class?)

 

...I'm currently leaning towards Oxford since it's considered generally harder to get in and the class is fairly small with around 70 students. I looked at the placement stats and 40% are placed into IBD and 40% are in asset management. However, only 86% of the class actually found jobs. That kind of concerns me.

 
  1. The quoted text you invoke Bryan1 as a reason for banning me is written in such a tone because the "mean_reversion" guy seriously offended my ethnic background, and after I became outrageous he deleted his post.

  2. Of course I have far more interesting and useful things to read than Liar's poker....and times have changed dudes...LSE WAS top in the 80s, probably early 90s, before the "supermarketization" of UK postgraduate education. The issue is what happens now.

  3. If you go to LSE or any other UK school and you find this "offensive" just prove this is not the case instead of throwing out random stuff like "you should be banned"...And I seriously offered you a compelling reason: Oxbridge--->exchange programs with Harvard, Princeton and MIT. LSE--->exchange program with Babson College (I was just told this)

  4. I'd like to add that I am in an position to say all these things because I am a graduate of two of the top5 US unis...and bec. of this position I know quite a few people at LSE at all levels

  5. The statistics you're citing about the accounting program (which btw I've heard is intended to those that can't get into the "top" masters Finance and Economics) don't say anything unless you give us some statistics about the "alma maters" of the applicants. Because for example I know that from crappy universities in Greece you need a 7.5/10 (yes this is 3.0/4.0) to be almost sure you can get into LSE, any masters program. So people with 7.0 from a crappy Greek uni still apply, hoping that God will show mercy on them...and most of them are rejected (average GPA at these unis is about 6.7-7.0). Multiply the number of crappy universities by what?40-50? and you tell me if this can be a reason for a lower acceptance rate... On the other hand, to get into a good US uni (let's say the Columbia masters programs where I know people, not to speak about the much more demanding PhD programs) you need AT LEAST 8.5/10, luck, and recommendations from alumni. These are my 2cents...I hope you see that I really know what I'm talking about and i'm not throwing random threats...

 
Best Response

I go to LSE and completely disagree with you. Oh, and I went to a US top 5 university for undergrad.

For anyone who wants to work in NYC, the UK is a bad idea. Period. If you claim that LSE is bad for Wall Street, then frankly you know nothing about Oxford or Cambridge. They are in small cities/towns outside of London and their careers services are not very good. No American is served well for Wall Street positions by going to the UK, no matter which university, if their goal is to return immediately to the States to work.

It is however the case that LSE has a good reputation in finance, both in the UK and the US. At my summer internship last year, everyone in the office was impressed by the fact I was going to LSE, so I really think you're just BS-ing on most of this post.

It's easier to get into LSE grad programs because the university is 50% grad students and its master courses each have like 80 people. Compared to US Ivies that take like 20 people each.

 

yeah..anyway...and as a last word, in general, i believe it's market frictions that allow some EU higher education institutions to have a descent representation in the job market. These are the same frictions that don't allow Tsinghua and IIT graduates take over the jobs of many Ivy graduates...So unless these frictions disappear you still have chances to get a descent job if you go to one of these institutions.

 

In my first post I just did that...worst phrase I used was the degree-supermarket or shitty masters...(not too bad I guess)...but my second post came as an answer to an attack by "mean_reversion" which was much worse than the things I wrote...;);)...so anyway...we're now in peace again..:)

 

The reason universities in the uk set-up relationships with US Uni's is for cash. EU students will pay far less for undergrad and a good bit less for post grad courses. The University gets more money in hand once they pass a certain quote of international students.

 

hm..wait...you mean US universities actually PAY UK universities to send them over students???I don't think this can hold true...although I have no evidence to prove it...

 

No - but US students are far more likely to pay insanely high fee's. LSE is 25k sterling a year or something in that region from what I'm told.

Considering you pay at most 1k sterling a year for your undergrad its a huge undertaking. Also if you go outside the city (London) masters courses drop substantially in price. Cambridge is something like 8k in total.

 

Would appreciate more recent input on Cambridge (MPhil Finance) vs. LSE (Fin & Econ). Does Cambridge not carry the same postgraduate rep as LSE? I'm debating between the overall rep of university (Cam) vs. strengths in finance (LSE). Indifferent to location, but Cam is about $12,000 USD cheaper. Thanks.

 

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