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Where should I go to get into investment banking?

Currently studying Maths, Further Maths, ICT and Applied Business at A2 level. Got 4As at AS and predicted 3A*s and 1A for A2. Interested in economics and finance and hope to get a job in IB. Would I need to go to one of the elite universities? I want a university which is in a city with good nightlife but im not sure about London as I here students are isolated and having to commute to university. Considering applying to:
UCL - economics with a year abroad
UCL - stats econ finance
Edinburgh - econ and finance
Bristol - econ and finance
Manchester - econ and finance

What course do you think I should do, could UCL really be enjoyable?

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Reply 1
For IB, UCL > Bristol > Edin = Manc.

If it comes down to a choice between Edin & Manc I would research which uni is targted more by banks, as I think Edinburgh's distance from London puts a few firms off from visiting it. Also, Manc has a rep as a "party uni", so you'll probably have more fun there.

Ultimately your experience of uni is what you make of it. Ignoring the higher cost of living relative to other cities, London is by miles the best place to study.
(edited 8 years ago)
Original post by MAINE.
For IB, UCL > Bristol > Edin = Manc.

If it comes down to a choice between Edin & Manc I would research which uni is targted more by banks, as I think Edinburgh's distance from London puts a few firms off from visiting it. Also, Manc has a rep as a "party uni", so you'll probably have more fun there.

Ultimately your experience of uni is what you make of it. Ignoring the higher cost of living relative to other cities, London is by miles the best place to study.


If I was to go to UCL do you think I would be working 24/7, would I have time to socialise at least once per week?
Reply 3
Original post by jonnygardiner
If I was to go to UCL do you think I would be working 24/7, would I have time to socialise at least once per week?


Yes. Dont know where you're getting that from. Average amount of time you spend working daily in uni is nothing compared to 12+ hours a day you'll be doing in IB.
Reply 4
Original post by MAINE.
For IB, UCL > Bristol > Edin = Manc.

If it comes down to a choice between Edin & Manc I would research which uni is targted more by banks, as I think Edinburgh's distance from London puts a few firms off from visiting it. Also, Manc has a rep as a "party uni", so you'll probably have more fun there.

Ultimately your experience of uni is what you make of it. Ignoring the higher cost of living relative to other cities, London is by miles the best place to study.


from my experience this summer, i can only say that Edin placed really well across all FO divisions...in fact, from UK unis out-side London and after Oxbridge, I would say that Edin was just short of Warwick in terms of number of summer analysts. In my division, 2/20 had Edin background. No Bristol, No Manc.
ucl
Original post by jonnygardiner
Currently studying Maths, Further Maths, ICT and Applied Business at A2 level. Got 4As at AS and predicted 3A*s and 1A for A2. Interested in economics and finance and hope to get a job in IB. Would I need to go to one of the elite universities? I want a university which is in a city with good nightlife but im not sure about London as I here students are isolated and having to commute to university. Considering applying to:
UCL - economics with a year abroad
UCL - stats econ finance
Edinburgh - econ and finance
Bristol - econ and finance
Manchester - econ and finance

What course do you think I should do, could UCL really be enjoyable?


Working and recruiting for investment banks - I would say all the Universities are great. You have strong A-Levels. If you're able to secure a 2:1 or higher and interview strongly - you have a great chance at seceeding

Students in the City - helping to secure your 2016 Investment Banking career ([email protected])
Would i be right in saying that most of the top investment banks have 'target universities'?
Original post by jonnygardiner
Would i be right in saying that most of the top investment banks have 'target universities'?


yes, you would be right in saying that :smile:
I'm currently at UCL and there is a massive drive for IB here. Across many departments. As a computer scientist one of the main society talks was from the bleedin' investment society and the economics & finance society.
Original post by Ducar111
from my experience this summer, i can only say that Edin placed really well across all FO divisions...in fact, from UK unis out-side London and after Oxbridge, I would say that Edin was just short of Warwick in terms of number of summer analysts. In my division, 2/20 had Edin background. No Bristol, No Manc.


What is your opinion on UCL - is it actually good for IB talking Economics, Econ/Stats Finance etc. Do you think that UCL or Warwick is better for IB?
Original post by bobbybob12
What is your opinion on UCL - is it actually good for IB talking Economics, Econ/Stats Finance etc. Do you think that UCL or Warwick is better for IB?


nothing is "better" or worse...all the same. if you go to a "so-called" target, then nobody cares if you go to oxford or warwick or ucl. The uni you go to is just one factor. once you get a summer internship, you will be surprised by:

1. The amount of third/final year Bachelor's that are in your class
2. The amount of postgraduate students who are in your class
3. The amount of people with prior banking internships who are in your class
4. The amount of people from foreign universities that you have never heard of are in your class
5. In particular the amount of German/French/Italien/Spanish people who are in your class.

The five above mentioned points are particularly true for American BBs. I believe it may apply less so to HSBC and Barclays, which are still more British. In my summer analyst class, about 50% were MSc students, and only about a third of interns has a British passport.

What I mean is that whether you go to Warwick or UCL or Oxford does not matter that much, if you have solid internships, great grades and speak 3-4 languages fluently.
Original post by Ducar111
nothing is "better" or worse...all the same. if you go to a "so-called" target, then nobody cares if you go to oxford or warwick or ucl. The uni you go to is just one factor. once you get a summer internship, you will be surprised by:

1. The amount of third/final year Bachelor's that are in your class
2. The amount of postgraduate students who are in your class
3. The amount of people with prior banking internships who are in your class
4. The amount of people from foreign universities that you have never heard of are in your class
5. In particular the amount of German/French/Italien/Spanish people who are in your class.

The five above mentioned points are particularly true for American BBs. I believe it may apply less so to HSBC and Barclays, which are still more British. In my summer analyst class, about 50% were MSc students, and only about a third of interns has a British passport.

What I mean is that whether you go to Warwick or UCL or Oxford does not matter that much, if you have solid internships, great grades and speak 3-4 languages fluently.


This ^

Posted from TSR Mobile
To the bank ...
Original post by Iridann
I'm currently at UCL and there is a massive drive for IB here. Across many departments. As a computer scientist one of the main society talks was from the bleedin' investment society and the economics & finance society.


Do you think that the reason UCL gets so many into IB is due to the shear numbers who apply or the fact that they go to UCL.
Original post by bobbybob12
Do you think that the reason UCL gets so many into IB is due to the shear numbers who apply or the fact that they go to UCL.


Both

Posted from TSR Mobile


How can you spend so much time on TSR? Are you taking a gap year or something?
Original post by bobbybob12
How can you spend so much time on TSR? Are you taking a gap year or something?


Yes. I just revise/do papers and then answer Qs or browse TSR on my breaks.
Original post by Princepieman
Yes. I just revise/do papers and then answer Qs or browse TSR on my breaks.


So your teaching yourself A levels and reapplying?
Your question is moot: Oxbridge and LSE are better choices.

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