Working in Investment Banking - MiM or MiF ?

We get this question all the time: “I want to pursue finance, should I be applying for a Master in Management or a Master in Finance? “

While at London Business School (LBS), both of my flatmates were aspiring bankers—one enrolled in the MiM and the other in the MFin program. Both paths proved successful, as one landed a job at Bank of America and the other at Citi.

1. Timelines

The MiM might give you an edge if you want to start working quickly. It's generally less academically demanding, which frees up more time for networking, internships, and getting a practical grasp of the banking world. The coursework isn't as intense, focusing more on broader management skills rather than deep technical finance.

2. Optimising for knowledge

However, if you’re keen on really digging into the financial sector and understanding its complexities, the MFin is the better choice. It’s designed to provide a thorough education in finance, blending theoretical knowledge with real-world applications, perfect for those who are passionate about the finer details of finance.

3. Niche roles

For those targeting niche areas within finance, like equity research or hedge funds, the technical rigor of the MFin program is invaluable. It equips you with the detailed, specialized knowledge needed to excel in these complex financial roles. My experiences at LBS certainly showed that whether you choose a MiM or MFin, you can make your mark in the banking world.

The same goes for other schools (HEC/ESSEC/ESCP etc.)

The choice is now yours to make.

Amat Victoria Curam.

Thomas from MIM Prep