Career in IB or Management Consulting after a "Tech" College

My kid's first choice college is rarely mentioned on WSO but was admitted to MIT, JHU, Swarthmore, UVA, and UMCP so far. We should hear back from the Ivies in early April - applied to all except Dartmouth and Cornell. After a discussion this past weekend, the kid is leaning towards MIT unless H or Y offer admission. The intended majors are Economics and Computer Science. May replace Economics with a Sloan Business option down the road but CS is a keeper. 

From a career perspective, what are your thoughts about MIT for IB or MC if H or Y does not plan out?

By the way, UVA was be the most expensive based in his merit/financial aid package and UMCP would be free - Banneker/Key Scholar. Also, applied to all top LACs and USC. From a social/networking perspective, there is great chance of playing on the men's tennis team.

6 Comments
 

Your kid sounds smart, should do well at getting into either IB or MC from MIT.

Although I have to ask, do you want your kid to enter those fields or do they want to?

 

Great question especially with all the horrible stories about the culture. Wants to try it out (and live in NYC for a few years) before launching a Startup. Supposedly, MIT is great for the entrepreneurship track.

 

Non ipsum et laboriosam et. Vitae aut quibusdam sit voluptas. Architecto labore consequuntur est. Unde officia vel quam rerum dolores deleniti.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”