Stockholm School of Economics - Master's Economics

SamSung's picture
Rank: Monkey | 63

Hi All -

I'm an American and I got into the MSc Economics program at SSE and I need help deciding whether to go. My main concern is employment after completion of the program. I got my MSc in Accounting & Finance from the LSE in 2012 and the UK gov had just cancelled the Tier 1 Post Study Work Permit - I didn't get a single interview. And LSE didn't provide me with any support when I got back to the US. They only allowed me 1 year access to their job board (useless as most jobs were in Europe) and then I was cut off.

I don't want to be in this same position again so I'm hoping to reach out to Americans in Sweden who've had success securing employment and living there (or in Europe) after their studies.

I currently work in equity research (shipping - crude oil/product tankers) but I haven't learnt much about macro stuff as I wanted from this job. I was hoping I would become more knowledgeable in analyzing commodity trade flows but I'm pretty much just a modelling monkey computing NAVs all day.

So, although I would enjoy the subject matter of the MSc Econ program, not being able to find a job afterwards would be worse than working in my current job.

Any advice re SSE would be helpful, though, I've already read through the previous threads stating how good the placement for SSE is.


Comments (7)

Apr 7, 2015

I'm afraid I can't offer much advice as I'm not an international student however, from your experience post Lse wouldn't it have just made a whole lot more sense applying to master programmes in the us and networking into a job role? After a couple of years look at transferring into Europe.

I can't see your logic of securing a job post-SSE but not post-LSE.

Bitch please, I love bananas! If you found my advice useful, hit me up with one.

Apr 7, 2015

I used all my funds at LSE and I don't want to go into debt. I got a full scholarship at SSE and I'm mainly looking at European programs because that's where most of the applied programs happen to be and because of their socialized systems, the cost is a fraction of the US. If I could move to Sweden or Germany, I would in a heartbeat, but only if I knew it would be for long-term, not just a year or two.

Best Response
Apr 7, 2015

SSE and LSE are not in the same country. England has horrible post-job prospectives for non-EU as of late. Unfortunately, I'm not sure if things are that much better in Sweden, SamSung. You should look up the laws for post graduation employment in Sweden. I think Denmark or Norway would be much better choices, honestly. I know for a fact that DK grants you a residence permit that allows you six months to look for a job after your degree and Norway has, well, a 2-3% unemployment rate. Message SSE directly and ask them about how things look for non-EU students and ask to maybe get in touch with some of them. I wouldn't expect to get a London BB job on account of immigration laws in the UK, but maybe you could land something in Sweden with the Scandinavian banks (Nordea, Carnegie, Danske, etc.) Note that SSE also has the XTM program (6 month traineeship with a firm) which seems like it'd be useful for securing employment after graduation.

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Apr 7, 2015

Thanks - I also got into NHH but their program is really focused on Nat Resources and the program is in Bergen, not Oslo.

Apr 7, 2015

Yeah. Norway's very focused on oil, not surprisingly. As for Bergen vs. Oslo, I'm not sure that's too much of a downside, but it depends on what you like. Bergen's got nice nature around and it's a bit cheaper, plus a better student atmosphere. Oslo's, well, a second-rate capital in Scandinavia. I find Copenhagen dull, so I can't imagine Oslo is much better.

If you're not interested in an oil oriented career, NHH is probably not the best choice, but if you are, it's definitely a great place to be. I know Statoil's corporate graduate program pays around 100,000 USD (though currency fluctuations might've changed that figure a bit) in total compensation and exposes trainees to corporate strategy, corporate development, economic analysis, and some other cool stuff. I'm sure NHH students place well into that program, and the strategy team is located in London. I'm not sure if that's a problem in terms of immigration laws again, nor do I really know Norway's migration laws too well, but I'd imagine a strong economy can always use more skilled workers.

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Apr 7, 2015

Sounds like a complete waste of time.

Apr 7, 2015