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Is doing a finance master’s worth it if you already have a business undergrad and want to go into IB?

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Top answer
Rita
Coach
on Apr 22, 2025
Excel in Finance | FREE 15 Minutes Intro Call | Personalised Preparation

Hi! ☺️

It depends on your goals. With a business undergrad, you can still break into investment banking through internships and networking. A finance master’s can help deepen your technical skills and give you an edge, especially in a competitive field. If you want to strengthen your knowledge in financial modeling and valuation, it could be worth it.

Simon
Coach
on Apr 24, 2025
Mastering Deals and Strategy | Seasoned coach

It depends on your current profile and target region. If you already have a strong business undergrad, solid grades, and relevant internships, a finance master’s may not be necessary, especially in places like the U.S. where undergrad recruiting is common.

That said, a top-tier Master’s in Finance can be worth it if:

  • You’re recruiting in Europe, where it's more common postgrad
  • You’re switching tracks (e.g., from marketing to finance)
  • You didn’t land an IB internship during undergrad and want a second shot
  • You want to break into a more competitive bank or location

Think of it less as “needed for IB” and more as “a chance to rebrand, re-recruit, and level up.”

Nitesh
Coach
on May 24, 2025
9+ yrs of work ex in finance/consulting - Barclays/ x-Citi. 500+ hrs coaching exp. MBA IIM Ahmedabad, Engg IIT Kharagpur

Hey there!

Deciding whether to pursue a finance master’s after a business undergrad depends on your specific goals and background. If your undergraduate degree covered broad business topics but lacked deep technical finance skills, a master’s can help fill those gaps and make you more competitive for investment banking roles. It’s also a chance to build a stronger network and access internship opportunities that might be harder to get otherwise.

If you already have relevant internship experience and solid technical know-how, a master’s may not be strictly necessary. Many successful IB candidates come from diverse educational backgrounds and land roles through strong internships and networking. Ultimately, the value of a finance master’s comes down to how it complements your experience and helps you stand out in a crowded field.

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