Do it full-time. Part time degrees don't add any value if you want to change industries. Your MBB experience should make you a lock at almost every european mba program. Most are 1 year which is very doable financially. You can try to switch industries without a degree. Coming from MBB you have many options. A weak part-time degree should not be one of them.

 

Yes, part-time is a horrendous idea. Why do you want to do that? You would probably be less competitive if you put part-time MBA at Manchester on your resume than you are without it (in your situation given that you are at MBB). Have you tried directly? Plenty of people go from MBB to PE, especially in Europe where the recruiting is much less structured than in the US. If you wanna do something part-time, study for the CFA instead (not that it would be a huge boost to your recruiting but likely better than any of the options listed).

 
TheSanchize:

Yes, part-time is a horrendous idea.

1) I haven't tried breaking into Finance yet (I'm still learning a lot at MBB); but what concerns me is that I'm definitely lacking all the technical knowledge 2) Not that I don't believe you, but why are part-time MBAs/MFins so useless? I guess I still haven't understood the whole business school thing at all ... I get your point about MBS, but IE Business School ranks pretty well? 3) So you would recommend against getting a part-time MBA/MFin, which would leave me with self-study (I currently don't have a single business/finance course on my transcripts)?
 

Half the joy of MBA is being in school and not having any responsibility. If you work your ass off in year one, and get an offer at the end of your internship, kiss any effort in year two good bye. It's brilliant.

The schools offering part time or accelerated programs are pushing the opportunity cost of being out of work for two years. But aside from losing the social interaction of spending two years with some really smart people, the quality of the program just isn't the same. Perhaps most important, the main intake for MBA hires is through the intern program (IB) if you are in a part time program, you don't get to be an intern.

 

because if you study business, its not about the content but a lot about the human interaction, learning from people in your class who have great experience in different fields. You do not have that with part time degrees (as much). Same reason why MBAs from lesser schools are not recommended. The things you learn have not much to do with the classes.

 

What above poster said. Most MBA interns cherished the idea of a two year vacation.

Additionally, those business schools above aren't exactly the biggest feeders into banks as don't have anywhere near the same reputation as other established MBA programmes. Not wanting to relocate is just stupid, especially if where you live and work at the moment isn't mainland Europe or the UK.

 

OK got it.

I think my network is already pretty strong (MBB), so that's not what I'm looking for at business school.

Also recruiting-wise, doing an MBA would not add that much value. MBB on my (spinned) resume should already ensure interviews.

Some of my colleagues choose to go to big-name schools anyway, but I think that's mostly for prestige reasons.

Assuming that the main thing that I want to achieve is better Finance knowledge (to feel more confident and to succeed in interviews ...), the best would be self-study? How do you view distance MBA/Master in Finance/Graduate diploma in this light?

Cheers

 
Best Response

Not able to directly comment on the long distance in MBA or MFin but I can shed some light on Europe.

You don't need an MBA or masters in finance to improve your knowledge in finance for PE/VC. The courses you will most likely take through these long distance programs will not supplement a lack of finance knowledge. Hell, as a finance undergrad, I can apply only snippets of financial theory to what I'll be doing. The rest is academic theory. It's your experience that matters. An MBA can definitely add value but the likes of Manchester and Warwick's distance learning MBA certainly wont.

In Europe, students will seek a MFin to rebrand if they went to a non target and judging by the syllabus of LSE or Imperial's full time courses, it's more theory.

I would guess with your MBB experience, you should fare well on the technical aspect and modelling but again, this could vary by region.

Have you actually tried recruiting for any buy side jobs?

 

Iste tempore et eligendi ullam magnam neque dolorum nam. Quas corporis perspiciatis et dignissimos a. Mollitia dolor aut cum deleniti quo consequatur illo.

Non eos hic saepe a. Iure ea deserunt laboriosam.

Consectetur eveniet molestiae molestiae aut nisi non. Tenetur vitae voluptatum itaque eum. At quis commodi iusto dignissimos iusto amet.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
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...”