Offer from Elite LO for post-MBA analyst role. What is Market?
M7 MBA graduate here with an offer from an elite LO (Cap/Well/D&C) to join as a post-MBA analyst. I interned for a different elite LO last summer, and did not receive an offer at the time from them. May have one in 2 weeks but not holding my breath.
Offer from the LO is $150k base, 75-125% bonus range with a target of 100%. $35k to sign, $10k relocation. Full medical, dental, vision, commuter benefit, etc. Is the offer "market"? Feels about right but would like WSOs input. My last comp pre-MBA was $125k base, $100k bonus.
Thanks in advance.
About me:
M7 MBA (Booth/Columbia/MIT), 2 years EB IB, 3 years in investment team at $500M event-driven fund (mostly merger arb, some special sits) in NYC. Born in southern Europe, became US citizen at age 10. Not a URM.
this sounds like a pretty awesome offer to me.
Sounds market. Congrats.
Thank you.
Sounds market to me. Joined LO out of bschool several years ago. Top 3 MBA grad with similar pre-MBA experience.
Willing to share how comp has scaled in the three years since? Some decent data out there on starting point for post-mba, but I can’t seem to find anything reliable as to how it scales over the following 3-5 years
Interested as well
Great. Thank you.
...
That’s not new, has been going on for years already.
Can anyone comment on long term earnings potential in these roles?
Some PMs at these places make 8 figures but median case would be high six figs to low seven.
Same as what I heard. Path to high-six figures to $1mm is a pretty structured progression.
What was recruiting like? Did people get looks like this without pre-mba bus-side experience?
Congrats! Sounds like a dream scenario to me - interesting to hear you were at one of Columbia/MIT/Booth and managed to get in (and not say Wharton/Harvard/Stanford)
CBS and Booth are core schools for a lot of these firms.
Hope ur actually good at investing. Good luck.
Thx.
I’m saying this because having a long successful career in investing is really hard. Take it from someone in the industry (5-8 years of experience) and who’s had his face ripped off at times
What b-schools have the best LO recruiting success? Is it mainly h/s/w or how does Columbia value investing program place?
HSW + Booth/CBS.
Have heard good things about Stern, Sloan, Kellogg, SOM, Tuck, McCombs and Anderson too.
Enim omnis magni est necessitatibus perspiciatis ab maiores. Enim qui officiis et.
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...
Et assumenda placeat expedita. Qui voluptate aliquam non deserunt ducimus aperiam. Id est illum debitis molestias voluptatem vitae. Nostrum est eos labore itaque. Quia ab totam omnis sit perspiciatis ut sint.
Accusantium nemo ab magni qui modi. Harum eum itaque quidem explicabo. Et dolores voluptas doloremque. Qui itaque et et nobis. Perspiciatis sint quia sit aliquid quia a excepturi. Veniam modi qui vitae ad molestiae facere qui.