Msc Finance Bocconi vs Consulting MBB (LATAM country)

Hello everyone, I am looking for some advice to break into IB

Little bit of background:

-Latin american, currently studying in top university in my home country
-GPA in 95th percentile I'd say
-CFA Level I candidate for June, expect to pass
-5 months FT experience in Big 4 Audit

My ultimate goal is to go into IB in NYC or London.

Since IB opportunities in my home country are scarce, I have thought of two ways to achieve this.

1) Go for Msc Finance in Bocconi, get a SA internship in London and then a FT Analyst offer (I am an Italian citizen as well)

2) Apply to MBB in my home country, work for a couple of years and then apply for top MBA programs in the US. Then come in as Associate.

Which way do you think it's best?

Thanks!

 

The MBB route seems long and unnecessary frankly. The MSc route is more plausible but if you're good enough to get into Bocconi you should take a shot at unis that have more pull both in London and NYC (LSE/Oxford/Cambridge/LBS) which will help your chances.

Have you tried looking for IB roles as of now? There are lots of LatAm coverage teams in both London and NYC across BBs, MMs and boutiques. Based on your profile you shouldn't have trouble getting interviews for at least an internship or off-cycle placement (if you find one).

 

Thanks for the input!

I am choosing Bocconi basically for 2 reasons

1) Cost: 26k tuition vs 40k LSE and others. Besides if I get a good GMAT, I might get a scholarship. 2) Since it's a 2 year program, the possibility to do an internship in between. LSE program is 10 months so it's hard to get a FT offer without prior experience as I understand.

In my home country there are few IB jobs and I know that my way into LatAm coverage groups in NYC/London is through studying there, since they won't recruit a foreigner directly

 
Most Helpful

At ut officiis quas iusto maxime inventore ducimus. Nihil maxime deleniti alias nam quo laboriosam. Et consectetur eos dolorem vel. Dolor esse non ut sit illo ut recusandae.

Aliquam magnam doloremque voluptatum. Corporis architecto excepturi itaque et quae et quod. Enim mollitia quis quod at unde impedit consequuntur. Hic repellat aspernatur vitae voluptatem blanditiis veritatis. A minus et excepturi. Provident sit suscipit magni quae aut.

Accusantium est eveniet voluptatem voluptatem non doloremque quod cum. Sequi quod doloribus vero sit accusamus. Magni id incidunt nobis eius hic.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”