LSE or Cambridge to study economics (need career advice)

Choosing Between LSE and Cambridge for Economics: Seeking Career Guidance

Hi everyone! I’ve recently received offers to study Economics at both Cambridge and LSE, and I’m feeling a bit overwhelmed about my decision. I’m strong in mathematics, but my main concern is selecting the university that will best support my career goals in investment banking after graduation.

I’ve heard that LSE has a better reputation for providing internships and career resources, while Cambridge is renowned for its academic prestige. I’m curious to know which university might offer a stronger advantage for securing a job post-graduation.

I’ve been told that LSE has more networking opportunities, whereas there may be less competition for recruitment at Cambridge. As my primary interest lies in investment banking, private equity, and hedge funds, I would greatly appreciate any insights or advice on which option could better facilitate my career ambitions.

Thanks so much for your help!

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One response

  1. Congrats on receiving offers from both LSE and Cambridge! That’s an amazing achievement and a tough choice to make. Here are some points to consider about each university in relation to your career goals in investment banking:

    LSE (London School of Economics)

    1. Career Opportunities and Networking: LSE’s location in London puts you at the heart of the financial district. Many top investment banks have offices nearby, and the university has strong connections with the industry, which can lead to internship opportunities and networking events.

    2. Internship Opportunities: LSE has a reputation for excellent career services and links with firms. Students often secure internships in the city, which are crucial for landing full-time roles in investment banking and related fields.

    3. Focus on Economics and Finance: LSE’s program is tailored more towards Economics and finance, which could align well with your interests in investment banking.

    Cambridge

    1. Prestige and Reputation: Cambridge carries a significant academic prestige and is highly regarded by employers across various sectors. The university’s reputation can be a strong asset when applying for jobs.

    2. Less Competition for Certain Firms: While LSE has a strong focus on finance, Cambridge also has a solid track record of students entering investment banking. The competition can be different; some firms recruit less aggressively at Cambridge compared to LSE.

    3. Holistic Education: Cambridge offers a broader educational experience, which can help in developing a well-rounded skill set. Consider how the courses and resources available may engage your interests and strengthen your analytical abilities.

    Other Considerations

    • Culture and Environment: Think about the campus culture and whether you prefer the urban environment of London (LSE) versus the collegiate atmosphere of Cambridge. This can significantly impact your university experience.

    • Career Support: Look into specific career services offered by both universities. Attend any open days or virtual events they might have, or reach out to current students/alumni to gain insights into their experiences.

    • Your Personal Preferences: Ultimately, you should feel comfortable and excited about whichever choice you make. Think about which place feels like a better fit for you personally and academically.

    Conclusion

    If you’re solely focused on investment banking and finance, LSE might provide more direct paths into that world through internships and networking. However, if you value the prestige and broad educational experience of Cambridge, it can also lead to successful outcomes in finance.

    Take your time to weigh the options, and trust your gut feeling about which university feel right for you. Good luck!

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