An impressive 93% of students who graduated with a London Business School (LBS) Masters in Finance (MiF) in 2022 received an offer of employment within three months of graduation, the latest LBS MIF Employment Report has revealed. This is up from 91% in 2021. Of those graduates receiving an offer, 90% accepted their offer of employment, with the financial sector remaining the most popular sector – 78% of graduates chose to work in finance.
The majority of graduates opting to work within the financial sector, chose to work in investment banking (33%). Investment management was the second largest employer, with 16% of graduates choosing to work in this field. In addition, some 12% of graduates chose to work for central banks, ministries or in regulation, with a further 10% opting to work within private equity.
Of the 22% of graduates opting for a career outside finance, 12% chose to work within diversified industries such as energy, for government or for industrials. An additional 5% picked to work within the technology sector, along with another 5% opting for a consulting career.
The class of 2022 comprised 131 graduates, representing 45 nationalities, 58% of whom opted to remain in the UK to start their post-MIF career journey. An additional 18% of graduates accepted a job in Asia, while 9% accepted a job offer in Africa and the Middle East, 9% chose to work in Latin America, 3% accepted a job in North America and 3% took up a role in continental Europe.
Christian Dummett, Executive Director of Career Centre at London Business School, said the demand for LBS talent had remained strong across the globe despite the challenging economic environment.
“The last year has been one of the toughest on record for business school graduates and we are proud that, despite these challenges, demand for our talented students continues to stretch from Asia to North America. Our 2022 class secured roles across the world’s major financial hubs, with 58% of the class choosing to start their post-programme careers in the UK – a reflection of both the strong appeal of the UK’s financial services sector and the international appeal of both London and the UK.”