Breaking into FO banking as a graduate.

Hi guys, just looking for some advice on my situation.

I have just graduated from the LSE with a borderline 2:1 (60) in law. Not a great final mark, but I had a host of personal issues in final year, and was just relieved to scrape the 2.1.

I've always considered going into IBD, but didn't get any joy when applying for summers. I decided to do a couple of vacation schemes (magic circle and US firms) but didn't really enjoy them, and it showed.

I'm now considering IBD again, but is too late, considering that I have now graduated? I have quite a lot of work experience, but unfortunately, most of it is legal related.

I was on the exec of the finance soc at LSE/did sports/have a variety of extra curricular, but very little 'tangible' experience in finance. I did lots of research when applying for summers, so have a basic understanding of the technicals needed for internships.

I am also considering doing a masters in Finance, would this help?

Thanks for any advice.

Advice would be to utilise that fat LSE network you have access to - especially friends that graduated in the same year or a few years above you - to make yourself known and to have an 'in'.

Once you've built up a reputation or gotten yourself a few guaranteed referalls, I'd just start plugging into the application cycle again - for summers mind, full time is nigh on impossible without a summer analyst stint.

The MFin basically fills up a gap on your CV, doesn't boost it much.


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Cheers, will take that on board.

So just to clarify, are you in support of doing the MFin?

I have a job right now, so wouldn't have any 'gaps'?