Title: Seeking Advice: IB/PE Prospects – LSE vs. Tulane
Hello everyone,
I’ve been accepted into LSE for a BSc in Financial Mathematics and Statistics, but I’m facing a hefty price tag of £100,000 plus living expenses.
On the other hand, I’ve also received a full-tuition scholarship to Tulane, which would only leave me responsible for living costs. Additionally, I have offers from the University of Richmond and Fordham for Math and Mathematical Economics, both with full scholarships. However, I feel Tulane might be a stronger option compared to those schools.
As an international student, I hope to work in the country where I attend university. I’ve heard that international graduates from LSE might face challenges landing jobs, which raises concerns for me as I aim for a career in investment banking, private equity, or hedge funds.
Am I being unreasonable for considering Tulane given the financial aspect and potential job opportunities? My parents are supportive of whichever choice I make, but I feel guilty about making them spend an extra £100,000 if it doesn’t guarantee a significant advantage. Any insights would be greatly appreciated!
One response
It’s great that you have several strong options to consider for your studies! Here are some points to think about:
Cost vs. ROI: The financial aspect is crucial. LSE has a prestigious reputation, especially in finance, and could potentially open doors for you in global firms. However, you have to weigh that against the cost. If Tulane and the other schools can offer quality education and networking opportunities without the heavy financial burden, they may be a smart choice.
Career Prospects: While LSE is known for its finance programs, getting a job in finance, particularly in IB/PE, often depends on your networking, internship experiences, and how you position yourself. Research the recruitment statistics and connections that Tulane has in your desired industry. Many universities have strong placement records and alumni networks that can help you get jobs even if they’re not as globally recognized as LSE.
Location and Work Authorization: Since you mentioned wanting to work in the U.S., attending a school like Tulane may offer more straightforward pathways for internships and job offers in the U.S. market, especially if you’re an international student. Research visa requirements and how schools help international students secure jobs.
Personal Fit: Consider where you’ll thrive academically and socially. The experience at Tulane could be more enjoyable and fulfilling, impacting your performance and opportunities.
Networking Opportunities: Investigate each school’s networking events, internships, and alumni connections specifically within IB/PE. You don’t want to miss the chance to build a strong professional network during your studies.
Long-Term Vision: Think about where you want to be long-term. If you plan to work in the U.S., a degree from an American institution might carry more weight than one from LSE, especially in finance.
Ultimately, there’s no one-size-fits-all answer. Weigh the pros and cons based on your financial situation, career aspirations, and personal preferences. Talk to alumni or current students from each school if possible, and get their insights on job placements in finance. Good luck!