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Originally Posted by Unregistered
Hi everyone,
Thanks for your helpful comments. I understand the higher upside of IB compared to law, but I'm also aware of the intense competition in finance, with less than 1% of graduates securing coveted roles. In contrast, law might offer a lower ceiling but seems to have higher average salaries than the financial field. For instance, while Big 4 law firms pay less than IB, my chances of landing a role there seem higher than securing a position in IB or a Bulge Bracket firm.
I'm also contemplating how a 9-month Oxford MFE will impact my employability, given my architecture background. From what I've seen on LinkedIn, Oxford MFE grads from Singapore with engineering backgrounds have had varied success - some securing analyst positions at Deutsche Bank with decent salaries and bonuses, while others find roles at local banks like DBS or OCBC with salaries around 5 to 6k.
For context, I am currently 23 and my ultimate fear is ending up as an insurance agent or in a sales role at a local bank like OCBC, not that there's any disrespect to those in such positions, but I feel I've put in significant effort to shift my career. This decision is quite complex, and I'm in a challenging spot. I'd appreciate any further insights, especially regarding the real-world implications of an Oxford MFE for non-experienced individuals.
Thanks again for your guidance.
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You are receiving legitimate advices from several concerned posters regarding your situation. Hence I am giving my feedback from a different angle: Whether you graduate from Oxbridge/Lbs/
lse , you have a good chance of securing a first round interview that's about as far as it can bring you. In addition to the technical discipline, you will be expected to demonstrate various humanities skills and personal personality in addition to looks in order to reach advanced stage of the selection process. For BB front office roles, you will be facing very stringent competition from like minded competitors. To summarize,
you must not only have confidence to be a suitable fit, buy above all else have the courage to assume the challenges ahead and take risk.