30 Yr Old-1st Yr MBA at T25 Semi Target- Seeking Realistic Opportunities

Hello Monkeys, Ladies & Gentlemen,

I am seeking some thoughtful and constructive advice from you. I am a 30 year old 1st year MBA student at a T-25 school. They have minimal I.B. recruiting although they produce a few Quants from my school every year. (Big on Analytics & Quantitative Finance etc)
I didn't fully understand the vital significance of networking when I was an undergrad, and therefore never landed any summer analyst internships. It got harder from there. I did get a job in financial services, but it was in wealth management (unlicensed- provided support to Financial Advisors and Loan Officers). I put in a lot of time working on my resume, LinkedIn networking, and utilizing online learning during this period. I spent over 5  years and I realized that no matter how impressive my numbers were this wasn't going to help me transition to I.B. or even middle or back-office support roles. I studied economics and finance as an undergrad at a prestigious semi-target state school. Some alumni, and friends of mine who had roles at E.B firms were kind enough to submit a few referrals for me to some hiring managers, but nothing came of it.
I decided I needed to take really serious action if I wanted to get out of the bottomless pit I was in. B-School will help me network at the very least, and I have already spoken with some alumni who have been receptive. A few undergrads went to Goldman & JPM from my school, but the MBA program has stronger ties in consulting with Big 4 & MBB.
I'll get to it, I have always been interested in I.B. for more of a stepping stone than anything. I understand it's ridiculously foolish to have a fantasy about jumping into a buy-side role without relevant prior experience, but my long-term goal is to get into asset management or a hedge fund. I met a guy over the summer who works for Bridge Water, and he said I am making a great decision to go pursue my MBA, etc... and I should reach out to him about doing a summer internship for 2022. This was a kind gesture, and by the grace of God, it would be wonderful if that all pans out, however, I am realistic and I don't want to get my hopes up just because of 2 casual conversations we had. I am confident I am a much better fit for equity research than I.B., but I am unsure if that can help me achieve my post-B School ambitions of getting into A.M. or H.F.  Please provide your honest opinions. I look forward to reading your feedback.

Cheers

Thanks Very Much!


(Apologies in advance if I posted  this in the wrong section)

 

Consequatur officia ea et exercitationem ut. Numquam repudiandae mollitia maxime neque. Consequuntur unde exercitationem soluta.

Vel eaque expedita consequatur consequatur. Sed pariatur natus eligendi qui officia fugit accusantium.

Modi architecto assumenda dolor voluptas beatae. Atque sed quaerat pariatur repellendus nihil iste dolorum. Ut qui itaque repudiandae consequatur in sit. Voluptatem eaque temporibus at voluptas velit fugit. Eos quod nemo reprehenderit.

Consequatur quia distinctio reprehenderit dolorem. Debitis cumque quos eum aperiam nobis a error corporis. Necessitatibus autem aperiam quaerat aliquam accusamus. Et ipsam sed cumque qui sit magnam nam velit.

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

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
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...”