Finished internship, job v master in LSE

[PeteyG]

Hi Guys,

I have completed an 8 month internship in asset management and now have the chance to study economics or econometrics in LSE. Since I have experience (eventhough not long) should I take the opportunity in LSE, how will it stand to me if I do (eg finding a job/pay)?

If it helps would like to work in asset management again or investment banking after graduation.

Thanks in Advance

Pete

 

[rawrschach]

How was your undergrad?

In general terms, a master's won't help you much in IB, at smaller boutique AM firms it may.

 

[PeteyG]

Thanks rawrschach.

Undergrad was a 2:1 in economics and maths.

 

[Adamus]

This is a forum where traders, both private and institutional, talk about trading. If you want to be a trader, you're in the right place. But if you want to be an investment banker, you'd be better off asking a career advisor or a bank's HR manager. There is a small overlap here but most people here do their own thing and there are very few bank employees who do that.

 

[arabianights]

Adam is probably sounding a bit jerkish but he is correct in that this isn't the best forum for it, if only because you're liable to get some incorrect advice from some moron and you'll have no idea of telling that!

This may sound curious, but the best forum I can think of is actually motoring forum...

P.S. Asset management's a piece of ****, for further information on this please email [email protected]. In fact if you have any questions at all about any subject, or even just some hilarious photos, please email him.

 

[Mayfly]

I think you need to ask yourself what you'd gain by taking a masters in economics/econometrics beyond what you've got already (degree in economics and maths). Anyway, I'm told that the majority of graduate students at LSE are from overseas these days, with fees to match - they're pretty steep basically. Let's just say that a friend of mine's daughter was disappointed with her experience....

HTH

Mayfly

 

[rawrschach]

She was disappointed that everyone was international?

In general people that do a Master's in Econ want to work in Econ ie in government, NGO, IFI etc; or want to become academics.

On the plus side, at the LSE if you do development you will be taught by Besley, so you can pester him for FOMC numbers in class.

 

[Mayfly]

She was disappointed that everyone was international?

That's not quite what I meant?

In general people that do a Master's in Econ want to work in Econ ie in government, NGO, IFI etc; or want to become academics.

Perhaps, but that's not everyone's cup of tea?

On the plus side, at the LSE if you do development you will be taught by Besley, so you can pester him for FOMC numbers in class.

His insights into the thinking of the other committee members would be interesting and useful to know, but not the numbers themselves and besides how would you use them as a graduate student (they'd be ex-post after all)?

Cheers

Mayfly

 

[GammaJammer]

I say go for it - job climate for the things you're looking to do isn't fantastic right now, so not only will you come out the other side better qualified and more widely employable, by delaying I have a sneaky suspicion you'll emerge into at least a slightly more benign employment climate. No guarantees of course, but thats what I reckon.

Just my $0.02

GJ

 

[arabianights]

But don't forget to email the person I recommended. They prefer it if your request is as long and detailed as possible.

 

[Adamus]

Adam is probably sounding a bit jerkish

Who, this Adam? Never.

Just trying to point out the glaring difference between a corporate type employed in trading, and a private trader posting messages on "trade2win". I mean, ok so there is an overlap, but mostly trade2win is a shallow plastic money trench where pimps and thieves run free, and good men die like dogs (guess the quote). What? Oh I see - so financial corporations are like that too?

 

[PeteyG]

Thanks guys for the replies. I have much to think about before making a decision.