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alphaS
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LBS vs US schools

June 27th, 2013, 12:20 pm

Hi, So I got into LBS masters and i would like to get the general opinion here before I decide if this is the right programme for me. Any LBS alum around here or from top finance programs in US who can throw some light on which is better for aiming a career in investments or portfolio strategies?Pls pm me in case you have any specific advice towards LBS masters programme vs US schools. Thanks for your help guys and appreciate your responses. Cheers
 
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traderjoe1976
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LBS vs US schools

June 27th, 2013, 12:52 pm

LBS is easily the best in Europe. Probably works well even for jobs in Singapore and HK. I think mit is alum of MS(Finance) from LBS.if you want to work in USA, it would be better to do Berkeley or Princeton or MIT or CMU.
 
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alphaS
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LBS vs US schools

June 27th, 2013, 1:53 pm

QuoteOriginally posted by: traderjoe1976LBS is easily the best in Europe. Probably works well even for jobs in Singapore and HK. I think mit is alum of MS(Finance) from LBS.if you want to work in USA, it would be better to do Berkeley or Princeton or MIT or CMU.Thanks for your comment. Since Europe especially london is very shaky and US sorta has improved a lot so would you say US schools definitely offer better prospects for jobs and networking? I do not want to be investing in a programme which at the end of one year leaves me with no hard prospects even though its only one year. Would you say US AM funds would not even care for a European/Asian name on the CV?
Last edited by alphaS on June 26th, 2013, 10:00 pm, edited 1 time in total.
 
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traderjoe1976
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LBS vs US schools

June 27th, 2013, 2:14 pm

My personal opinion is that the entire global economy is going down the crapper. The two main places where the future Finance jobs and Financial centers and Economic growth will be are Singapore and HK. If you are looking into the future beyond five years, you should do what is necessary to position yourself for jobs over there.
 
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EscapeArtist999
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LBS vs US schools

June 27th, 2013, 2:43 pm

QuoteOriginally posted by: alphaSQuoteOriginally posted by: traderjoe1976LBS is easily the best in Europe. Probably works well even for jobs in Singapore and HK. I think mit is alum of MS(Finance) from LBS.if you want to work in USA, it would be better to do Berkeley or Princeton or MIT or CMU.Thanks for your comment. Since Europe especially london is very shaky and US sorta has improved a lot so would you say US schools definitely offer better prospects for jobs and networking? I do not want to be investing in a programme which at the end of one year leaves me with no hard prospects even though its only one year. Would you say US AM funds would not even care for a European/Asian name on the CV?If you go through a top US program, you'll have a shot, but there is the visa nightmare to go through, some guys won't sponsor.If you have the right to work in the EU - LBS may be the way to go, otherwise unless you are thinking of Asia (and can get the right visa or have the right citizenship) for that.Unfortunately a lot of this depends on where you were born and are a citizen of.
 
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alphaS
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LBS vs US schools

June 27th, 2013, 2:58 pm

QuoteOriginally posted by: EscapeArtist999QuoteOriginally posted by: alphaSQuoteOriginally posted by: traderjoe1976LBS is easily the best in Europe. Probably works well even for jobs in Singapore and HK. I think mit is alum of MS(Finance) from LBS.if you want to work in USA, it would be better to do Berkeley or Princeton or MIT or CMU.Thanks for your comment. Since Europe especially london is very shaky and US sorta has improved a lot so would you say US schools definitely offer better prospects for jobs and networking? I do not want to be investing in a programme which at the end of one year leaves me with no hard prospects even though its only one year. Would you say US AM funds would not even care for a European/Asian name on the CV?If you go through a top US program, you'll have a shot, but there is the visa nightmare to go through, some guys won't sponsor.If you have the right to work in the EU - LBS may be the way to go, otherwise unless you are thinking of Asia (and can get the right visa or have the right citizenship) for that.Unfortunately a lot of this depends on where you were born and are a citizen of.I have some experience in Singapore and London but don't have permanent visa for either so given the protective policies it all depends on how much weight your profile will have in interviews compared to the rest of the people who have no visa issues...but I have heard Asians graduating from LBS or even MIT have had to go back to their countries to find jobs...Not that Asia doesn't have enough recruitment but see point below....QuoteOriginally posted by: traderjoe1976My personal opinion is that the entire global economy is going down the crapper. The two main places where the future Finance jobs and Financial centers and Economic growth will be are Singapore and HK. If you are looking into the future beyond five years, you should do what is necessary to position yourself for jobs over there.Somewhat true actually given investing environment is very robust in these places and with Asian wealth growing at a much faster pace... Although it seems in short term a lot of the money flows are driven by US top guns with EM at their mercy.. not sure when will EM dominate its own markets.. 5 years would seem early on first thoughts...Starting your own small fund or going with boutique firms seems like a better bet in these horrible times... but then you don't learn enough to play big...or do you?
 
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ashkar
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LBS vs US schools

June 27th, 2013, 3:48 pm

My impression is that LBS masters is good for investment banking. It targets experienced people who are looking to get a boost or come to work in London. Its not appropriate for people looking to change career. Good thing is that now they have introduced optional internship program. TBH, I dont see the point of this degree; mba is a better degree to move to IB. Its a program to make money from people who dont want to invest enough into MBA but have some spare cash and want to use it to move to London. I wasnt impressed with the alumnis from this course when i went for their open day.As EA says, US MFE/MFins will give you the best opportunities. You may want to look at HEC's masters program. I think its good for S&T but although not necessarily post-experience.
 
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alphaS
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LBS vs US schools

June 27th, 2013, 9:36 pm

Would you say most of the people in hedge funds or IB quant strat groups are phds with solid maths or masters in computer science? So MFE/MFin will only get you to research or risk management type role or will put you on track for fundamental research or corp fin type roles in the case of the latter... LBS placement is one of the worst among top schools which is somewhat of a mystery to me... either the admission office doesn't put in enough effort to get the surveys done properly or it is really a case of an atrocious job market in london.I guess mba is an over kill in some cases esp with fin specialisation.... most of year 1 course is useless for cfa or finance experience people....plus there is no useful asset management courses like stats etc. How do pure quant funds perform anyway compared to fundamental ones? It seems before the crisis quant was really huge and now it has sorta cooled off... may be a case of markets becoming more efficient...ve seen stat arb desks getting killed in post crisis market no model seems to work as expected as relationships have become too unstable...
Last edited by alphaS on June 26th, 2013, 10:00 pm, edited 1 time in total.
 
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ashkar
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LBS vs US schools

June 28th, 2013, 7:34 am

~40-50% of strats have phds in a core science. LBS MFin is good for IB, PE etc.When I met some of the alumnis there, I got the impression that none of them were smart as you would find in a technical course in a top uni. Plus, most of them were working in FO but either overseas or in a lesser known company. The admissions committee seem to consider MFin criteria pretty much same as MBA but with additional constraint that candidates must have prior finance experience. I think this requirement is a recipe to attract people who havent been successful in their finance careers.Combine that with no internship option and that will explain the bad placements.A successful s/w engineer in an MBA program wanting to switch to finance sends a better message to the hiring manager.
 
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alphaS
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LBS vs US schools

June 28th, 2013, 7:59 am

So if you had to pick a school in UK for AM/PM & S&T roles which one shall it be? Oxford, LSE, Cass, Imperial attract interest?But generally agreed LBS is more corp finance and fundamental research house vs technical.
 
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alphaS
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LBS vs US schools

July 1st, 2013, 7:00 pm

Hi, if you had to rank Berkeley MFE vs London Business school masters in finance for prospects and career in asset management at alternative funds, asset managers etc. which would be better choice? One program is quant another is fundamental.. it seems money is still in macro funds, with quantitative funds perhaps getting beaten by unstable markets...I dont want to be a programmer per say as it is not my background plus i dont have any language experience except VBA and bit of C++ at school... I can learn obviously but given all the geniuses in programming out there who needs another programmer only....Thanks for your helpCheers
 
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ArthurDent
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LBS vs US schools

July 2nd, 2013, 2:52 am

UK versus US,study in the country you want to work in.simple as that.
 
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alphaS
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LBS vs US schools

July 2nd, 2013, 7:49 am

Mr Dent (Any relation to Harvey Dent?) Thanks for your comment indeed... but the question is why would anyone want to study from UK anyway given the situation in Europe. Don't US Schools have better programs and better brand names? I know FT ranks LBS top however FT rankings are very questionable.. perhaps I need a headhunter's view on all of this...
Last edited by alphaS on July 1st, 2013, 10:00 pm, edited 1 time in total.
 
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ashkar
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LBS vs US schools

July 2nd, 2013, 8:27 am

Both are good depending on your background. What is your background, degree, work experience etc?
 
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alphaS
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LBS vs US schools

July 2nd, 2013, 12:16 pm

QuoteOriginally posted by: ashkarBoth are good depending on your background. What is your background, degree, work experience etc?Sent a pm mate
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