Business School Recruiting Discussion

I'm currently a senior at a big state school in the south. Interned at a BB in IB, and signed my offer at well known middle market IB.

I recently started looking at getting an MBA. I'm curious as to how recruiter then select candidates to interview or even give offers to, especially at HBS, where everyone has a great resume and interviews well. I'm sure networking has a lot to do with it, but I would assume that everyone networks.

I understand that recruiting begins in October for most MBA level programs, and to take into consideration that most people do not have experience in the industry that they are trying to break in.

Can someone shed some light on that process. I'm asking out of curiousity

 
upod01:

I'm looking into possibly getting into consulting.

I'm confused. I thought you were starting at a bank as an analyst. You've got 2-3 years at a bare minimum before you have to worry about MBA applications.

Are you asking about how to get into MBA or how to get a job through MBA OCR (the post is a bit confusing)? If the former, networking has very little to do with it. If the latter, networking has quite a bit to do with it. Some people are better than others.

 
Best Response
brj:
upod01:

I'm looking into possibly getting into consulting.

I'm confused. I thought you were starting at a bank as an analyst. You've got 2-3 years at a bare minimum before you have to worry about MBA applications.

Are you asking about how to get into MBA or how to get a job through MBA OCR (the post is a bit confusing)? If the former, networking has very little to do with it. If the latter, networking has quite a bit to do with it. Some people are better than others.

I think he's asking about OCR's. And he brings up a decent point, everyone at HBS or even the M7 will be pretty darn good at networking. How do you differentiate between all these incredible candidates?

 

There's just more offers to go around at a place like HBS, so I'd argue that networking matters less there than at a more marginal program. This would especially be true for the recruiters who take hordes of ppl every year, like MBB and the BB banks. Yes you still have to show up for the events and not be a complete fuckup, but it's a pretty wide fairway. Now for PE/VC/HF and more nichey industries where firms might take one person per class, networking is still going to be super important.

 

Eos aperiam tempora id. In illum nostrum aut fugiat. Aspernatur non occaecati repellat rem perspiciatis vel dolore.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 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 (90) $259
  • 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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
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...”