UK Masters for US Student...Logical?

Hello again,

As graduation nears I am looking more toward masters degrees in finance MSF. I had previously been looking exclusively into US programs(Vanderbilt, Villanova, etc). However, i am nervous that MSF is still relatively unknown here. I am now considering schools like Warwick & Rotterdam for a European MSF. I know these will not help for trying to come back to US immediately but I would be willing to spend a couple years abroad and then transfer, is this a good idea?

So just a few Q's:

I have not much experience in researching European masters but are these specifically recruited for in the way US firms recruit at the undergrad level?

What are some other quality MSF programs that will give me access to UK,NL, and other English speaking countries, keeping in mind I don't have finance experience and do not want a financial engineering degree?

How does Tuition and funding work for international students and how difficult is it for an American to secure a position in the UK or the Netherlands in terms of work permit and recruiting preference?

Thanks in advanced everyone.

 

There are a few targeted schools for finance in the UK, Warwick might be considered a semi-target. But you can read more here: http://www.wallstreetoasis.com/forums/target-schools-in-london

Regarding tuition fees you'll probably end up paying around £ 15 000 a year approx 24 000 USD. Or you could go to Sweden (Stockholm School of Economics) or Norway (Norwegian School of Economics and Business Adminisration) both target schools and tuitions fees are set to a flat zero. However living in both Stockholm and Oslo is quite expensive, but so is any major city.

You'll be at disadvantage for employment in Europe due to your language skills, where many people speak at least two languages fluently and another two quite well.

"It's a little like wrestling a gorilla. You don't quit when you're tired you quit when the gorilla is tired" -Robert Strauss
 

work permits are definitely troublesome for non EU. I believe the UK gov recently passed something regarding caps on work visas/company sponsorships

"I can calculate the motion of heavenly bodies but not the madness of people"
 
Best Response

I am in the same situation as you. I think it's a perfectly logical plan, but I am worried about job options after. Honestly, I'm worried what the chances are that I won't be able to land ANY job in finance and stuck with a $50K degree (with living) and nothing to show for it. That's probably a little pessimistic, and honestly, I could be content not doing IB as long as I live in an exciting city and get paid what I deserve.

Regarding the comment about NHH earlier - applications closed March 15 and that school is actually located in Bergen. I have applied there, two London schools, Bocconi, St. Gallen, RSM. I wanted to apply to SSE but missed the application deadline; that was back in January I believe.

There is a private business school located in Oslo (BI Norwegian School of Management). It's not nearly as good/well known internationally as NHH. Also, I wouldn't say NHH is a target as much as Warwick, Cass, etc. are for banking in London. Historically on this forum (if you deem it a reliable source of information) the London schools that are targets have been Oxbridge, LSE, Imperial College of London, Warwick, Cass. In continental Europe the targets are St Gallen, Bocconi, RSM, SSE.... can't remember if there are any other big ones.

Pumpkin, you're dating a tumbling, tumbling dickweed.
 

@KSEEL

I'm sorry about NHH I was mistaken of the location. Target school, it might be argued that it's only a semi-target just as Warwick . The school in Oslo is definitely not a target, it isn't really that good in general.

HEC Paris should also be added to that list, not sure if they have a MSE though.

You are also right about the application deadline for SSE, got the date mixed up with the deadline for UG studies in april

"It's a little like wrestling a gorilla. You don't quit when you're tired you quit when the gorilla is tired" -Robert Strauss
 

Thanks for all the posts. I am looking to enroll in 2012, not this coming round of applications. Overall this is my outlook:

HEC Paris looks great and is probably my #1. In addition to that RSM, Warwick, SSE, Vlerick, and NHH, all look promising. I am not to fond of the LSE curriculum and hear terrible things about Cass. I will not be fluent in any language except English but will be conversational in French. Like I said before, I don't mind living abroad for a couple years and then making my way back to the states for an MBA. I just want to make sure I don't get the degree and then become let loose back to the states over politics.

I would really appreciate hearing from people who were in my position and what became of it. Also any input on schools, quality of life or anything else would be great.

 

Yes, HEC Paris is tops as well. What have you heard negative about Cass? I know it's not quite as selective as the other big names, but I have heard it is on the rise and many Cass alumni work in the City.

Personally, I'm trying to decide if it's better to go to Bocconi, RSM, or NHH and try to get a job in London or Cass and work in London.

Pumpkin, you're dating a tumbling, tumbling dickweed.
 

I have talked to a few people studying in colleges that are mentioned here. St. Gallen beats almost any college when it comes to ROI(Gallen is more respected than SSE, atleast in London)..but swiss Visa regulations are tougher than one can imagine. The OP should also see the duration of the courses. SSE is a two tears course and Gallen is 1.5years. Why not go to Vanderbilt which has a 9months course..so that the job hunting can be started early and also he gets to get back to work sooner. In my personal opinion..try and find a college which is closest to where you want to work. Cass, Warwick, LBS, Imperial fit the bill if you want to be in London...HEC would be perfect for France & similarly other colleges for other destinations. BTW : I am also looking for a 2012 course.

Regards

 
agrawalharsh87:
..try and find a college which is closest to where you want to work. ... Warwick ... fits the bill if you want to be in London...

what.?!

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 
Oreos:
agrawalharsh87:
..try and find a college which is closest to where you want to work. ... Warwick ... fits the bill if you want to be in London...

what.?!

Not sure what this is all about. Is Warwick that bad?

 

Yea the end goal is banking, or trading but it seems like a hell of a lot of money for what looks like 6 or 7 pretty general courses. So many other European programs that look so much more interesting; but you are definitely right as far as strong recruiting being the selling point.

 

Warwick is only a few hours outside London... can't see it being that bad for City recruiting. Appears to have a great reputation as well.

Pumpkin, you're dating a tumbling, tumbling dickweed.
 

Here's a FT 2010 Master in Management ranking of European Business Schools: http://rankings.ft.com/businessschoolrankings/masters-in-management

1) LSE is definitely a strong brand in the UK, along with Warwick, Ox-bridge, UCL, Imperial and a few others (these are names I heard in the UK IBanking scene)

2) London does have a restrictive Visa policy. However, it will probably be your only option if you're only fluent in English. That said, you can still enroll in reputable European schools and apply for UK jobs from there.

3) France is a great choice for Msc degrees. As an international student you can take all English courses, and tuition is in the €10k range ($14K) per year.

French schools don't have the international prestige that the US schools enjoy, but their reputation is solid in Europe.

I'm getting my degree in one of the top French Business Schools and have interned in London and Paris. Top French Master degrees include mandatory internships abroad, which can be a good leverage stick for your degree. I took advantage of these to build up 1 year experience in China.

Hope this helps!

 

For you people that was thinking about applying to SSE and is from a country outside of the EES and Switzerland. Will be forced to pay tuition fees of 150 000 SEK (24 000 USD) /year for masters degree and 100 000 SEK (16 000 USD) /year for bachelors degrees. These fees will be charged from September 2011.

"It's a little like wrestling a gorilla. You don't quit when you're tired you quit when the gorilla is tired" -Robert Strauss
 

LBS is great, as a matter of fact their first graduates went to KKR london as in a "field trip". LSE is obviously highly reputed. I would then go with HEC and St. Gallen.

Valor is of no service, chance rules all, and the bravest often fall by the hands of cowards. - Tacitus Dr. Nick Riviera: Hey, don't worry. You don't have to make up stories here. Save that for court!
 

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