Recruiting process feels just like college apps

Deadlines, grades, cover letters, interviews, and waiting in anticipation. Tiers, prestige, and scouring the internet and forums.

Also want to remind everybody (myself definitely included) that even though it feels like it could be the end of the world and so determinant of your future and self worth, your internships and first jobs are really just one small step and part of your process. Your likely multi-decade long career really is just getting started. Yeah, prestige is helpful but there are so many jobs and paths to success. Fit is so so important to quality of life, and honestly, so much of this process just comes down to luck.

To those who do get their MBB jobs this round, congratulations! To those who don’t, chin up - this isn’t the end of the world and you aren’t necessarily any less intelligent or worthy because of it.

Side note: I find it so so so annoying there’s no release dates, deadlines, or any other information communicated to applicants from firms. Knowing that these responses can come out essentially any time Mon-Fri 9am-5pm over the span of 2-3 wks is quite frustrating and stress inducing.

…and there is a reason I didn’t post this in the IB forum - those kids do kinda suck ;)

Most Helpful

Yeah, MBB recruitment basically just feels like college apps 2.0 in terms of the huge emphasis on extracurriculars/leadership and other resume padding bs, and from the amount of qualified candidates with great resumes that I'm seeing get rejected w/o interviews. Just feels like the college app luck lottery all over again except instead of having 15-20 decent schools to shotgun and spread probabilities over, you've only got 3 firms, all of which also happen to be scaling back FT recruitment this year. Only positive is no over-the-top, cringey essays to write though. Honestly wishing I just did IB recruitment sophomore year since hiring was still good then and since I've heard that mostly just comes down to networking. That ship has sailed though obviously. Just focus on the present, do your best, and leave the game with no regrets.


Natus sit voluptates sequi nostrum similique voluptas eos. Quis quia nam aperiam quas facilis officia sed. Quibusdam qui consequatur libero quaerat.

Et omnis rerum praesentium vel quibusdam sit ipsam. Sed culpa eos molestiae. Consequatur eos impedit aut consequatur in delectus. Hic nesciunt nihil ut. Reprehenderit ut voluptatibus enim accusantium quam ab hic.

Ut corrupti voluptates earum ut et. Dolores hic consequuntur facere excepturi adipisci provident voluptatum. Sed ut voluptas delectus qui consequuntur fugit magni. Et saepe eum est deserunt impedit. Quidem cumque suscipit rem occaecati omnis. Ut voluptatem aliquam aut aperiam.

Explicabo nobis fuga earum necessitatibus incidunt sit. Et aliquid aliquam voluptate id voluptates nemo blanditiis voluptates. Harum tempore dolorem omnis quidem aspernatur. Temporibus voluptatem sapiente nihil. Delectus molestiae labore quis nemo.

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (153) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (589) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (148) $116
  • Engineer (6) $114
  • 2nd Year Analyst (346) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1050) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
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...”


redever's picture
Betsy Massar's picture
Betsy Massar
Secyh62's picture
BankonBanking's picture
dosk17's picture
CompBanker's picture
GameTheory's picture
kanon's picture
numi's picture
bolo up's picture
bolo up
From 10 rejections to 1 dream investment banking internship

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