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Safe route, or take the risk?

Hi all,

Looking for some perspective from people in consulting / IB / PE / VC in Europe.

About me:

  • Norwegian, 22.
  • Finished bachelor in business at NHH with good grades (upper B average, several As in finance/valuation/macro, solid internships).
  • Just started Master in Business – specialization in Finance at NHH.
  • Also working part-time at a small strategy / consulting / transaction boutique and have a Tier-2 consulting summer internship lined up for 2026.

Long term: consulting / PE / VC / high-end finance in Norway/Nordics, but I want some international optionality.

Dilemma:

I’ve been offered a fully funded Master in Management at IE in Madrid (finance/investments track, tuition + living costs, start 2026).

Option A – Stay at NHH

Finish MSc, keep part-time role, do Tier-2 internship, stay in Norway with existing network and recruiting channels, low relocation/mental friction.

Option B – IE MiM

Drop NHH master, move to Madrid, fully funded, stronger international brand and network, but likely give up current job and possibly the consulting internship, plus higher personal cost (relocation, away from family, first time living abroad).

Career-wise, for someone targeting consulting / PE / VC / high-end finance (esp. in the Nordics):

How much extra value does IE MiM really add vs finishing NHH MSc with my current trajectory?

In recruiting, would switching from NHH to IE be seen as positive, neutral, or negative?

In my position, would you stay at NHH and double down locally, or take the fully funded IE MiM and bet on the international upside?

Any honest thoughts from people are much appreciated.

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Lukas
Coach
2 min ago
~10yrs in consulting | ex-BCG Project Leader | Personalized prep & coaching | INSEAD MBA

Hi,

good to be you as this is a good dilemma to have!

  1. Both paths can get you into consulting / PE / VC in the Nordics, but NHH actually carries more weight locally and you already have the right momentum (part-time role + Tier-2 internship; though maybe you can keep the internship even if you move to IE?)
  2. Switching to IE can be seen as positive if you frame it as a deliberate move for international exposure, but it won’t inherently outperform NHH for Nordic recruiting
  3. From my POV the real question is: what is the lifestyle you want right now? Both will allow you to get into the desired jobs. One will allow you to stay with your friends/family, one will get you new friends... I will not spoil your options with my personal opinion :)

Best,
Lukas