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human
European Master's Advice: 1 Year MSc or 2 Year MPhil

Hi everyone, this is my first post on Reddit as a whole and I apologize if this is not the appropriate thread.

 I am currently an international (Asian citizenship) second-year student in an Economics programme at a globally Top 50 university in Europe. Our economics programme is three-years long and has a math-intensive approach. My long-term goals are to attain a PhD at an American university (preferably in East Coast) to either enter academia or join an international organization (IMF, World Bank, etc). My current GPA is respectable (equivalent to a 3.7+ in the US scale), and I am planning on signing up to be a research intern at the university this summer as well.

I believe I can maintain my GPA and have decent extracurriculars (volunteering and data-related work), so I am looking at universities where I can get a scholarship for the Master's (financial conditions are okay, but saving money is appreciated). Based on my understanding, terminal MSc.'s in the US are not really meant for people that want to continue in the research-oriented world (and also have a reputation for being cash cows), whereas getting accepted directly into a grad school as an international is quiet rare, and though I think I have a good portfolio overall, I am not a prodigy-type student who will buck the trend.

Because of these reasons, I am more inclined to continue studying in Europe as most top-ranked universities (LSE, Bocconi, Barcelona GSE, etc.) offer scholarships to internationals and have pretty good placement records in both international organizations and universities. However, they differ in terms of the length of the programs they offer; Bocconi, Tinbergen and Stockholm SE have intensive 2-year programmes whereas Barcelona GSE and UvAmsterdam have one-year programs. Based on the program descriptions, the one-year programmes focus more on coursework and educating the students about theories and all while the two-year programmes incorporate an internship and/or research opportunity, which may be helpful as related experience on the resume when applying to PhD programs. With all that in mind, I would like your opinion about which type of education is more suitable.

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Additionally, if you have any other schools to recommend, please do let me know. Thanks Reddit :) 

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TL;DR -- Undergradute economics student who wants to get a PhD in the United States wanting to know if two-year research intensive MPhil programs in Europe are worth the extra year compared to similar one-year MSc.
gpt
If you are set on an M degree, go to the place with the best international “name.” The US academy only sees reputation based on historical prestige.

Source: American with European MSc and American PhD.