Masters Necessary?

Hey guys, just wanted to get some opinions. As a background, I went to an extreme non target undergrad and managed to get into a decent MM corporate banking program. Ideally, I’d like try to and lateral to a larger bank or get into IB. I know PE is probably out of the question but private credit sounds attainable maybe? I’m currently weighing these two options:

  1. Take my GMAT and try to get into a good school for my MBA at year 2/3. Roll off into IB and try to cover up my undergraduate with a better name.

  2. Skip the MBA and try to switch to a different bank for IB or corp banking after a few years.

For context I’m really just trying to get the most out of my career. I’m fine with the 2 years + expense of an MBA, but I’d like to avoid it if it’s unnecessary.

 

Hey there! You've got a couple of solid options there, and it's great to see you're thinking ahead.

Option 1: Going for an MBA can be a strategic move, especially if you get into a top-tier school. It can help you cover up your undergraduate background and give you a strong platform for networking and recruitment. Plus, it's a chance to gain more knowledge and skills. But remember, it's a significant investment of time and money.

Option 2: On the other hand, gaining practical experience in the field can also be very valuable. If you can switch to a different bank for IB or corporate banking, that could provide you with the experience and connections you need to advance your career.

Based on the most helpful WSO content, it's not always necessary to have an MBA to succeed in the finance industry. It really depends on your personal goals, circumstances, and the opportunities available to you.

Remember, networking is key in this industry. Whether you choose to pursue an MBA or continue gaining practical experience, make sure to network hard and be persistent. Show your passion and commitment to the industry, and you'll increase your chances of landing the roles you want.

Keep in mind, this is just my two cents. Ultimately, the decision is yours. Good luck!

Sources: https://www.wallstreetoasis.com/forum/real-estate/is-georgetown-masters-in-real-estate-for-me?customgpt=1, Q&A - top 10 MBA vs MSF vs MMS, European Masters for US Students, Master’s in Real Estate - Careers?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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