Career switch from ER with MBA in London
Hi thanks for checking my questions. I have been working for almost 3 years now and I am seriously thinking about a way forward and I know it is unlikely to be on the sell side. I am working in ER at a BB in London but has always been interested in IB and want to find a way to break into that.
I’m considering taking on a MBA but not sure if it will work out. Here are my thoughts:
1) it is a wise decision with current economic climate (although by the time I intern it would be 2022) considering headcounts
2) IBs in London seem to be cutting MBA associate hires, is it very hard to get in with a MBA from local schools?
3) How do MBA candidates with ER background compare to other MBA candidates from previous Corp Fin/ consulting background?
Really appreciate any advice on this!
just some food for thouhgt - are you at a BB? if so why don't you try to transfer internally? Happens frequently or at least I've seen it happen.
I am definitely trying that way as well. But the problem is the sector I cover seems to be quite stable on the IB side as I haven’t seen they had any openings in the last 18 months.
What do you cover ?
Have you considered trying to move to HF/AM?
Well from my experience I’ve seen quite a lot of people move within the bank. When it comes to recruiting you just need to find a recruiter that believes in you and can put you in-front of the right people then from there it’s on you to demonstrate the passion and technical ability needed for IB.
As for the MBA, you can try to get into a 1-year MBA like Oxford and then pivot from there.
Thank you for your reply! I’m currently trying to recruit externally as internally there was hiring freeze for almost all front office positions. Hopefully the market can get better in the new year.
I am actually also interested in corporate development and currently considering LBS MBA. The only problem is the high cost to do it. From your experience do you think if it’s worth it?
LBS is worth it. It’s one of the best business school in the world!
I’ve had friends who had gone to LBS and were able to pivot in their desired careers.
Plus with the 2 year MBA you can get to do summer internships in your desired field.
Bumping point number 3.
How is equity research viewed for Ivies (H/S/W)? Do we have a shot? (Given a 700+ GMAT)
Quis ratione consequatur est est quae unde sunt. Nihil possimus omnis in sint ut nam nesciunt. Quos repellendus tenetur quasi eveniet.
Nam sit recusandae quis porro. Asperiores recusandae dolor corporis dicta. Aut voluptates enim maiores. Expedita nam aut numquam laborum quod.
Eaque et blanditiis est vel voluptatum officia animi. Inventore ipsum et deserunt voluptatum culpa.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...