Chicago Banking - Long Term

Post-MBA BB Associate in Chicago a bad idea? Graduating from T10 MBA program.

While the exits are “handicapped” to the MM PE of the world such as GTCR and MDP, I think the low cost of living gives me the advantage of paying off my loans extremely fast, especially living with my significant other. It’s not as if I was going to a MF as a Post-MBA associate anyways..

There are always boutiques, Corp Dev and Big 4 Transaction and Structured Finance groups as suitable transitions post-Banking. Big 4 Transaction Partners make between $600,000-$700,000...

And all of this is assuming I eventually leave my BB. Partner understands the hours and has their own commitments as well.

It’s wild that I’m thinking through a decision where my preferences are not the only ones to be considered. I guess that’s being an adult.

Curious to hear your thoughts and the inevitable NYC bias...

3 Comments
 

I certainly don’t want to sell myself short, but I also need to be realistic with myself. I’m not a savant with a pedigree that aligns with the likes of the Kennedy family..

And obviously didn’t start as an analyst.

I do think I have the personality to make it in banking and other client serving roles though..

 
 

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