The Student Room Group

Accounting finance at LSE vs MORSE

hey ppl

I am an international student and have offers for both these courses.Both the courses have great prospects but i was wondering which one will be better for me given tht i plan to go into IB or the big four accounting firms.Although i feel that MORSE gives me more flexiblity which may help me later in my career but LSE's reputation is much better than warwick, specially internationally. Which one do you ppl think will be better for me, keeping in mind I am an international student.
Reply 1
Accounting and Finance at LSE ofcourse :cool:
Reply 2
TheWolf
Accounting and Finance at LSE ofcourse :cool:


Isnt MORSE a better course than Accounting Finance at LSE,cause it opens many more options later compared to accounting finance? i've heard that maths and economics related degrees are favoured by employers.Which of the two courses have better career prospects? Or would it be a better idea to try to transfer to Maths and Economics at LSE?
Reply 3
omairaziz
Isnt MORSE a better course than Accounting Finance at LSE, cause it opens many more options later compared to accounting finance? i've heard that maths and economics related degrees are favoured by employers.Which of the two courses have better career prospects? Or would it be a better idea to try to transfer to Maths and Economics at LSE?


Out of 3 accounting and finance graduates I know, 2 went to Goldman Sachs and the other went to Lehman Brothers, 3 big IBs. Remember - LSE's rep plays a big part as well, as if you (esp. as you're an international student), like me, may probably go to another country to work in the future. Going to LSE would help alot, as Warwick's international rep is not that great. On the other hand, MORSE at Warwick is highly regarded by IBs in the UK. Whether you want to transfer to do Maths and Economis is a matter of preference, such as whether you like to do maths or not, and whether you are interested in finance/accounting.

Just out of interest, how much depth do you study into for: Maths, Operational Research, Statistics and Economics? I know that it is flexible so that you can choose quite a lot of options to suit yourself, but if you know what subjects you want to study already, I don't see what the advantages are in studying MORSE over e.g. Mathematics and Economics or Accounting and Finance at LSE.

I remember talking to my Aunt (who works at Goldman Sachs in HK), asking her whether they care about the courseor reputation more. She pretty much replied ' the university's reputation ofcourse ', and she said going to LSE/Oxbridge would give you an advantage purely because they are LSE/Oxbridge. She was the one who recommended me to do Accounting and Finance as she said that this course is very applicable to a range of business/finance fields and in every IB. (Saying that, Hong Kong does not regard Economics as highly as in the UK. In fact, in most countries apart from the UK, employers tend to like degrees that are more relevant to the job you're applying for) Even if you don't want to be an accountant, accounting skills are valuable and are needed in numerous positions, from business managers to auditors. IMO, not many courses will prepare you much better for working in the business/financial services than a course in Accounting and Finance, that's why I chose to apply for it anyways.
Reply 4
TheWolf
Accounting and Finance at LSE ofcourse :cool:


I agree.
Reply 5
He he, HamaL you're not known for...ermm...being particularly favourable towards the LSE, but it's nice to know you view it positively today ;-)
Reply 6
Xanthe
He he, HamaL you're not known for...ermm...being particularly favourable towards the LSE, but it's nice to know you view it positively today ;-)

Heheh this is all due to Hewins's propaganda! :biggrin: I'm not against LSE l...in fact I ve had offers from both Warwick and LSE..I just try not to be biased towards one institution... If ur comparing Warwick vs LSE for Mathematics/Statistics then I’d say Warwick...as Mathematics isn't one of lse's strengths whereas ACC&Fin at LSE is one of the best course there.

To be honest with you I don't understand some people...omairaziz is comparing two very different courses here:

MORSE contains a lot of analysis,algebra, probability and Mathematical programing in the first two years. It is a rigorous course with great emphasis on proof and mathematical reasoning, whereas with Accounting and finance you only do a couple of Mathematical Methods courses which have a different nature to courses like analysis.

Although they both prepare you for the same type of job it doesn't mean they are the same. People tend to spend 3/4 yrs of their life to study something that they enjoy not just choose a degree for the sake of ££££. Recently I have been seeing a lot of this, particularly on LSE’s sub forum. People just wanting to choose their degrees solely based on how much money (and more money) they can earn by doing X degree as opposed to Y no matter how different the two courses are from each other. I don’t think that’s the right attitude to have in life.
Reply 7
HamaL
Heheh this is all due to Hewins's propaganda! :biggrin: I'm not against LSE l...in fact I ve had offers from both Warwick and LSE..I just try not to be biased towards one institution... If ur comparing Warwick vs LSE for Mathematics/Statistics then I’d say Warwick...as Mathematics isn't one of lse's strengths whereas ACC&Fin at LSE is one of the best course there.

To be honest with you I don't understand some people...omairaziz is comparing two very different courses here:

MORSE contains a lot of analysis,algebra, probability and Mathematical programing in the first two years. It is a rigorous course with great emphasis on proof and mathematical reasoning, whereas with Accounting and finance you only do a couple of Mathematical Methods courses which have a different nature to courses like analysis.

Although they both prepare you for the same type of job it doesn't mean they are the same. People tend to spend 3/4 yrs of their life to study something that they enjoy not just choose a degree for the sake of ££££. Recently I have been seeing a lot of this, particularly on LSE’s sub forum. People just wanting to choose their degrees solely based on how much money (and more money) they can earn by doing X degree as opposed to Y no matter how different the two courses are from each other. I don’t think that’s the right attitude to have in life.



I did'nt start this thread to find out the future returns of these degrees.I would very much like to do a degree like morse which opens up many options in the future and is sort of a 'liberal arts' course in its respective field.But the problem is that i intend to return to Pakistan in future and arent many companies who would recuit graduates with a course like MORSE.So I think i'll stick to Accounting & Finance @ LSE :smile:
Reply 8
omairaziz
.I would very much like to do a degree like morse which opens up many options in the future and is sort of a 'liberal arts' course in its respective field.


I am not disagreeing you, but can you tell me the ways in which MORSE will open up more options in the future than other courses?
Reply 9
omairaziz
I did'nt start this thread to find out the future returns of these degrees.I would very much like to do a degree like morse which opens up many options in the future and is sort of a 'liberal arts' course in its respective field.But the problem is that i intend to return to Pakistan in future and arent many companies who would recuit graduates with a course like MORSE.So I think i'll stick to Accounting & Finance @ LSE :smile:


hey! i am from pakistan too and i think u should choose LSE bcoz its reputation in pakistan is far better than warwick. most employers dont even know warwick's name. as for the employers prefering maths or economics degree, it might happen in UK but here employers prefer a degree very much related to the job u r applying for. thats why i chose lse as my firm.
Reply 10
no one knows abt warwick uni in pakistan. on international stage lse/oxbridge are more prestigious. even if u dont go back to pakistan i ll still recomend u to go for degree at LSE.
one of my friend chose to do land economics at cambridge just to get into and study in cambridge university.
i think reading into cambridge for any degree is better then reading ur favourite course at an institution like university of east london.
Reply 11
Musafir_85
i think reading into cambridge for any degree is better then reading ur favourite course at an institution like university of east london.


lol good luck
Reply 12
I am quite convinced to choose LSE as my firm offer!!! ppl thanks for ur advice. but i'm not sure about studying accounting finance......i'm still inclined towards maths and economics.....i wonder wht i'll end up doing!!!!
Reply 13
omairaziz
but i'm not sure about studying accounting finance......i'm still inclined towards maths and economics.....i!



then go for maths and economics!
Reply 14
Munna
hey! i am from pakistan too and i think u should choose LSE bcoz its reputation in pakistan is far better than warwick. most employers dont even know warwick's name. as for the employers prefering maths or economics degree, it might happen in UK but here employers prefer a degree very much related to the job u r applying for. thats why i chose lse as my firm.




hey munna, where u from.I'm from the lyceum,Karachi.its great tht u chose lse as ur firm acceptance. do u intend to return to pakistan after qualifying as an actuary.I dont think there is much scope of actuarists in pakistan.Even though there are only arnd 20 actuarists in pakistan, they are more than enough.I had a one to one chat with the actuarist of 'fordrhodes sidat hyder' and he told me tht no doubt actuary in a challenging and rewarding profession, there isnt much demand for them in pakistan.he told me about state-life.......tht they have 4 fully qualified actuaries, while only one is enough to fulfill their needs.
Reply 15
confused?
then go for maths and economics!


a maths and economics degree from a top 10 uni gives you more options than accounting and finance imo, especially for IB. Research a bit more, you can always flip a coin at the end!
Reply 16
TheWolf
I am not disagreeing you, but can you tell me the ways in which MORSE will open up more options in the future than other courses?



while i'm not saying tht morse is better than Acct/Fin at LSE, MORSE can leave a lot of options open. u could go into actuary as well as accoutancy, which wont be easy if one does accounting and finance.MORSE can lead u into IB, as a statistician in industry or in civil services like the medical profession.one can be a statstician or an analyst with multilateral organisations like the world bank and the UN.Operational research can lead u to as diverse a field as management consultancy which is quite different from accountancty or actuary.then there's the option of going into postgraduate research or teaching.....so in my opinion all these things make MORSE an attractive and interesting course.
Reply 17
omairaziz
hey munna, where u from.I'm from the lyceum,Karachi.its great tht u chose lse as ur firm acceptance. do u intend to return to pakistan after qualifying as an actuary.I dont think there is much scope of actuarists in pakistan.Even though there are only arnd 20 actuarists in pakistan, they are more than enough.I had a one to one chat with the actuarist of 'fordrhodes sidat hyder' and he told me tht no doubt actuary in a challenging and rewarding profession, there isnt much demand for them in pakistan.he told me about state-life.......tht they have 4 fully qualified actuaries, while only one is enough to fulfill their needs.


u r right, currently there is no demand for actuaries in pakistan. i will probably work abroad after qualifying. and im hoping that after a few years there will be need for more actuaries. and i could also study for CFA exams, as CFAs are in good demand in pakistan. why dont we talk on msn? i dont want to hijack this thread. pm ur email (if u want to).