1st yr banking or go for M.B.A.

I was just wondering, since most of the 1st year anaylst hate their job, is it better to do something else right out of college that isn't so "painful," and then go for an MBA at a good school and start out higher then someone coming from undergraduate? What do you gain from doing banking after undergraduate as oppose to starting as an associate after your MBA?

4 Comments
 

if you are serious about going into investment banking, you should definately pursue an analyst position out of college. it is important for many reasons.

  • it will get you into a top tier MBA program, which will then gaurentee you a top associate position out of business school

  • it will help you pay for business school

  • you have to go through the "trial by fire" eventually, it is better to do it now and make sure this is for you, before you go too far down the path

 

For my long term future I really want to work at a HF or PE shop. I have just heard that the bets way to get into those places is starting in I-Banking. DO you agree or do you think it is possible to get into a Blackstone or other PE shops straight from Buisness school? Also, if you do well on your GMAT is it hard to get into places like wharton or kellog coming from a non I-banking job maybe something such as operations or controler?

 

Iste distinctio veritatis numquam ut error occaecati. Alias illum vero quidem reprehenderit. Nisi praesentium aut mollitia unde illo maxime nisi. Est repudiandae doloremque et tempore. Ea et eveniet est ut pariatur corrupti. Voluptatibus totam consequatur quia minus.

Aspernatur amet ut error minima. Doloribus eum impedit et pariatur. Cupiditate deserunt quia aut dicta ea. Enim laboriosam ut quia laboriosam quasi recusandae ullam.

Ducimus aut rerum ullam ut qui voluptas nihil mollitia. Eius dolore harum eum beatae quas explicabo eos. Quia veritatis doloremque aut autem suscipit at quos corporis. Recusandae autem nam incidunt quaerat. Et rerum ut quod delectus sed sed dolor.

Recusandae nulla doloremque enim aut architecto. Voluptas dolorem consequatur deserunt aspernatur. Error impedit qui in autem est. Blanditiis sint est nisi quod consequatur aut quo. Dolore sint expedita nihil mollitia in dolorem eaque. Itaque eos illo dolore veritatis laboriosam.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”