Morning fellows,
I am currently in my final year of BSc Economics programme at London School of Economics (LSE). Last summer I did M&A internship at a Tier 1 bank and have secured a graduate offer, which I very happily accepted. At the moment, I have to choose my final year courses that will determine my ability to enter MSc Finance or MBA programmes in the future. Therein lies the problem.
During my uni years I realised that academia or public sector economics is not something I would like to pursue so I have abandoned the idea of doing MSc Economics. Therefore, I started contemplating a finance degree. Yet, I am still not sure if MSc Finance will be of any use further down the road in my investment banking career. From my very limited experience it seemed that majority of people in the office were fine with only bachelor degrees (I am not sure about MDs though because I did not have much access to their credentials plus those can differ because of different prerequisites that were key in good old days...).
I am wondering if it makes sense to pursue, for example, MSc Finance after having worked in IB for 2 years - does it add any value and make any career advancements easier? What are the benefits in relation to opportunity & monetary costs? Does it extend the range of exit opportunities?
Also, similar question re. MBA - do you think there are any key subject prerequisites I should consider at this point so I have a better chance to get into a good programme if I choose to? Also, how important / useful it is for career advancement in IB?
Thanks for your thoughts,
sO