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jedlanca
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Joined: January 20th, 2012, 7:10 pm

MsC Finance at LSE ? (Need to take a decision soon!)

April 13th, 2012, 9:34 pm

I currently hold an offer of admission to the MsC Finance at LSE. However, I have some concerns regarding the current job and immigrant situation at the UK that worries me (because returning to work back in my country is, sadly, NOT an option).I am an Engineer from South America, with already have two years of experience in a non-finance field (although I am an Electronics Engineer, Ive been working in Civil Engineering projects), and also have been trading my own personal account. As you can guess, my interest is to secure a trading position in London.LSE has a great international brand name and, as far as I know, is one of the universities where students end up in good positions at big banks and financial institutions. However, I am quite concerned by the future economical situation of UK, and the possibilities that a foreigner (I am not even from a country of the European Union!) might have in the UK. Do you have any information regarding the employment possibilities of past MsC Finance cohorts? My other option is to go to study at Toronto, where I know they have almost perfect employment statistics, due to a smaller competition and the better economical shape of the country. I have to take a decision on the next days.Also, in order to give you a good idea of my profile, I am current CQF student. I would like to pursue a MsC in order to increase my chances of being employed in Europe or North America (preferably, in a trading-related position).Thanks a lot!
Last edited by jedlanca on April 13th, 2012, 10:00 pm, edited 1 time in total.
 
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DominicConnor
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Joined: July 14th, 2002, 3:00 am

MsC Finance at LSE ? (Need to take a decision soon!)

April 14th, 2012, 7:53 pm

No one knows the answer, with any useful accuracy sorry.It's not just a matter of forecasting the Canadian vs UK economy but the relative future political power of British vs Canadian racists.Assuming the EU doesn't break up, what I would say is that UK citizenship allows you to work in EU and EEA countries, a larger and more diversified area than the US and vastly more than Canada.So if the UK goes tits up, you are allowed to work in Germany, Norway, Switzerland, etc.The UK finance industry is much bigger than the Canadian one.The LSE is a global brand, whether it deserves that is a variable, but that's the nature of brands.
 
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Shaik
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Joined: March 21st, 2012, 9:35 pm

MsC Finance at LSE ? (Need to take a decision soon!)

April 14th, 2012, 8:30 pm

QuoteOriginally posted by: DominicConnorAssuming the EU doesn't break up, what I would say is that UK citizenship allows you to work in EU and EEA countries, a larger and more diversified area than the US and vastly more than Canada.So if the UK goes tits up, you are allowed to work in Germany, Norway, Switzerland, etc.The UK finance industry is much bigger than the Canadian one.The LSE is a global brand, whether it deserves that is a variable, but that's the nature of brands.But he has to get citizenship first and that might take a very long time.Dominic,Any idea about how much are the employers in UK willing to sponsor these days, work visas for non-EU citizens graduating from top schools like LSE, LBS etc?
 
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jedlanca
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Joined: January 20th, 2012, 7:10 pm

MsC Finance at LSE ? (Need to take a decision soon!)

April 14th, 2012, 11:27 pm

Thanks for your replies!But, as Shaik says, I am only holding the citizenship of my native country (Venezuela).In consequence, my concern is that after the elimination of the Tier 1 Visa, my only chance for staying in the country after graduation is to apply for the Tier 2 . This means that I have to be sponsored, and as far as I know, this happens when you already have a full-time job offer. In consequence, in case I decide to take the offer, I will have to be very active in networking.Does anyone have information of the willingness of EU companies (especially in UK) to sponsor a non-EU citizen? Will this put me into a significant disadvantage compared to other candidates?Cheers!
 
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DominicConnor
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Joined: July 14th, 2002, 3:00 am

MsC Finance at LSE ? (Need to take a decision soon!)

April 15th, 2012, 5:40 am

Employers do seem less keen on sponsoring, but I think that applies in pretty much all countries.
 
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Shaik
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Joined: March 21st, 2012, 9:35 pm

MsC Finance at LSE ? (Need to take a decision soon!)

April 18th, 2012, 12:12 am

Not as much in USA. sponsoring visa is the last thing that big employers seem to be bothered about even after recession.
 
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ArthurDent
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Joined: July 2nd, 2005, 4:38 pm

MsC Finance at LSE ? (Need to take a decision soon!)

May 4th, 2012, 4:36 am

QuoteOriginally posted by: ShaikNot as much in USA. sponsoring visa is the last thing that big employers seem to be bothered about even after recession.right, it is so hard getting a decent candidate, that the time/expense of a visa application is less than rounding error...