[kka25]

(Original post by Scotgold)
Firstly thanks a lot for your advice, really mixed responses so again I am getting even more confused now lol . And secondly, I am well aware that LSE is way better than Manc. (for Economics) so no doubts there. Just wanted to see if the difference is significant enough to pay all that money.


I see several of you have mentioned internships. Maybe I should have said this earlier, my brother recently graduated from Warwick and started working as a grad for one of the big American bank. He said that he will definitely be able to help me sort out internships and insights. He is got a few of his buddies at all these bulge bracket banks (at analyst/ associate level) and in a couple of years time when they are further established in the industry I can just go and work shadow them to gain some experience and enhance my CV.

But obviously my brother can help me set foot in the door but it will be down to me to secure a job, but I reckon it will become much easier once I have a couple of strong names on the CV.

So does this impact my decision in favour of Manchester (as internship part is pretty much sorted ??)

What are you buying at LSE? The prestige or the education? I read somewhere that the education in LSE is pretty crappy. Use the TSR search engine; there's a thread about it. There was also a blog I read somewhere over the dissatisfaction of LSE's teaching. If you want to pay 40k for the prestige go ahead, but if you want to pay 40k for the education, then basing on the critical comments of these folks, I would say stay away from such institution. Waste of time and money really if it were true.

[DavidTheYoung]

(Original post by kka25)
If a future employee is basing their judgement on these league tables, I won't be working with them.

Oh I don't believe in league tables, I think the notion that one degree is better than another identical degree based on pedigree is an insult to academia.

However if you have a load of people with a 2:1/1st class degree I don't doubt that they'd pick the students from the more prestigious Universities, like LSE.

[averagej]

The people saying "LSE is better" are missing the point. Flying first class is a "better" and easier route to your destination, but the cost premium is high enough to make most of us settle for economy.

Go to Manchester. You're clearly smart and you know at this age that you want to go into IB - that, coupled with "100% Academic Scholarship" on your CV will get you interviews (not to mention your brother and his contacts). In your interviews you can even mention you had an LSE offer, but declined because of your scholarship. You may even be applauded for your smart financial decision. Lots of people get to the City from Manchester and similar universities. It's tougher, sure, but far from impossible.

Save your folks a serious sum of money, have a great uni experience, you'll still get there.

[kka25]

(Original post by DavidTheYoung)
Oh I don't believe in league tables, I think the notion that one degree is better than another identical degree based on pedigree is an insult to academia.

However if you have a load of people with a 2:1/1st class degree I don't doubt that they'd pick the students from the more prestigious Universities, like LSE.

I would agree on the first one.

However, I don't agree with the second one. If I were the employer, I would look at how they bring themselves during interview. If all they can talk about is LSE LSE LSE and LSE, forget it. I don't want such pompous and deluded people. I want a person that can contribute something to the organization and humble enough to do so! I think, only young, naive or superficial people would look at the place you go, others would look at what you can actually bring to the company without being too fuss with your alumni.

[Intriguing Alias]

Definitely LSE, Econ students at LSE are the highest paid graduates in the country - 45k can be quickly paid off.

So definitely LSE unless your parents actually can't afford it.

[Intriguing Alias]

(Original post by kka25)
I would agree on the first one.

However, I don't agree with the second one. If I were the employer, I would look at how they bring themselves during interview. If all they can talk about is LSE LSE LSE and LSE, forget it. I don't want such pompous and deluded people. I want a person that can contribute something to the organization and humble enough to do so! I think, only young, naive or superficial people would look at the place you go, others would look at what you can actually bring to the company without being too fuss with your alumni.

It's investment banking

[cambio wechsel]

If I were you I'd do the degree at Manchester and consider that Manchester's largesse has (more than) paid for you to do a Masters at the LSE.

[kka25]

(Original post by averagej)
The people saying "LSE is better" are missing the point. Flying first class is a "better" and easier route to your destination, but the cost premium is high enough to make most of us settle for economy.

Go to Manchester. You're clearly smart and you know at this age that you want to go into IB - that, coupled with "100% Academic Scholarship" on your CV will get you interviews (not to mention your brother and his contacts). In your interviews you can even mention you had an LSE offer, but declined because of your scholarship. You may even be applauded for your smart financial decision. Lots of people get to the City from Manchester and similar universities. It's tougher, sure, but far from impossible.

Save your folks a serious sum of money, have a great uni experience, you'll still get there.

Excellent post.

Indeed. I got a scholarship as well and put it on my CV. Very proud of it. Even my professors put their awarded scholarships during undergraduate on their CVs.

The bolded part is where I agree the most.

To the OP, here's some short cut I made for you. Read up on LSE's teaching coming from PhD students to writers on their Uni news from 2006 until now:
First one.
Second one.
Third one.

I have nothing against the LSE, but I dislike Unis that advertise that they are the "best" and charge students astronomical fees but students came out disappointed and just resentful. It's sham in my opinion. If the institution is "the best", then prove to the customers (the students) that you're the best; not because you're up somewhere on some inaccurate league table that every naive person seems to worship, but prove it from the teaching and support you can give to them.

[messy17]

The LSE experience is priceless.

[yothi5]

IMO, you shouldn't be a cheapskate when it comes to education, especially when LSE has given you an offer.

[Deep456]

If you can't afford the education go to Manchester, if you can, go to LSE. The reason I say this is because money is meaningless in life. Don't let it be a barrier to your dreams. If you want to go to LSE, go to LSE. If you don't, don't go there, go to Manchester.

Seeing as you want to be an investment banker, go to LSE. It is one of the target universities and although Manchester MAY be a semi-target, it will definitely be more difficult to get into investment banking from there.

[kka25]

(Original post by Deep456)
If you can't afford the education go to Manchester, if you can, go to LSE. The reason I say this is because money is meaningless in life. Don't let it be a barrier to your dreams. If you want to go to LSE, go to LSE. If you don't, don't go there, go to Manchester.

I'm sorry but your argument is rather strange. Why don't you just cut the crap and just ask the OP to go to LSE?

Seeing as you want to be an investment banker, go to LSE. It is one of the target universities and although Manchester MAY be a semi-target, it will definitely be more difficult to get into investment banking from there.

Similar to this as well

And how do you know this? What's the fact? Evidence? Who told you this? Where did you get this from? How many people have said this?

[Deep456]

(Original post by kka25)
I'm sorry but your argument is rather strange. Why don't you just cut the crap and just ask the OP to go to LSE?



Similar to this as well

And how do you know this? What's the fact? Evidence? Who told you this? Where did you get this from? How many people have said this?

Oxford, Cambridge, LSE, Warwick, UCL and Imperial are the target universities when it comes to investment banking, it is pretty well known. Most good/decent universities other than this are generally semi-targets.

http://news.efinancialcareers.com/53...-into-banking/

Just type it into google, target universities for investment banking.

Why will I ask the OP to go to LSE if he may prefer to study at Manchester? There is more to university than just career prospects you know..

[threeportdrift]

If you are the calibre of university entrant who can win a 100% scholarship for a competitive course at Manchester, then all things being equal, you will be the calibre of graduate who can sell themselves successfully to IBs without LSE on your CV.

[kka25]

(Original post by Deep456)
Oxford, Cambridge, LSE, Warwick, UCL and Imperial are the target universities when it comes to investment banking, it is pretty well known. Most good/decent universities other than this are generally semi-targets.

http://news.efinancialcareers.com/53...-into-banking/

Just type it into google, target universities for investment banking.

Why will I ask the OP to go to LSE if he may prefer to study at Manchester. There is more to university than just career prospects you know..

LOL. So one or two people say something like this on some article and it becomes facts? Right

Owh and looky from your own source:

(Original post by efinancialcareers)

I believe that the recruitment processes that I have experienced so far have been based on merit (results and past working experience) and not because of the school I am attending,” he says.

Shot yourself on the foot didn't you?

(Original post by Deep456)
If you can't afford the education go to Manchester, if you can, go to LSE. The reason I say this is because money is meaningless in life. Don't let it be a barrier to your dreams. If you want to go to LSE, go to LSE. If you don't, don't go there, go to Manchester.

Enough said. I conclude all the sentences before and after are just fillers. Cut to the chase and just say what you want to say. Investment bankers don't have time for such games you know

[zxh800]

(Original post by hassi94)
Definitely LSE, Econ students at LSE are the highest paid graduates in the country - 45k can be quickly paid off.

So definitely LSE unless your parents actually can't afford it.

Source?

[Intriguing Alias]

(Original post by zxh800)
Source?

I'll try find it now, it was LSE Econ at the top, then Cambridge Econ then Imperial Computer Scientists I think.

EDIT: Sorry, turns out Cambridge Econ was number one. I can find the article but can't access it (it's The Times).

The article was "Cambridge economics graduates highest paid - The Times"

There was a thread on TSR:

http://www.thestudentroom.co.uk/show....php?t=1032098

Here's a quote from it "Graduates from just five other courses earn an average of more than £30,000 in their first job — business studies at Oxford, mechanical engineering at Imperial College London, maths at the London School of Economics (LSE) and economics at the LSE and University College London."

Whoever typed it up is an idiot because they wrote business studies and on the actual statistics table they made it said Econ + Management (I remember seeing it).


EDIT #2: Someone made a spreadsheet of the economics graduates here (I put it on Google Docs).

[Deep456]

(Original post by kka25)
LOL. So one or two people say something like this on some article and it becomes facts? Right

Owh and looky from your own source:



Shot yourself on the foot didn't you?



Enough said. I conclude all the sentences before and after are just fillers. Cut to the chase and just say what you want to say. Investment bankers don't have time for such games you know

I honestly don't have time to get into an argument with an aggressive testosterone filled teenager.

It's not just this article, it is pretty well known. Again, I also said it is more difficult to get in from Manchester, not that it can't be done.

[bmqib]

who cares about teaching...

[kka25]

(Original post by Deep456)
I honestly don't have time to get into an argument with an aggressive testosterone filled teenager.

Sorry young lad, I'm pretty much far away from my teenage, A-Levels, AS and College years (unlike you) Before you want to throw some baseless accusations, you might need to check your sources

I also said it is more difficult to get in from Manchester, not that it can't be done.

No you didin't