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..

 
 

Eveniet eligendi quis eum. Sint qui sed ipsam et. Qui rerum et eligendi dolor optio reprehenderit eaque. Totam et atque dolores incidunt voluptas delectus. Minima possimus eius dolorem voluptas.

Sapiente illum et aut aut. Blanditiis eum accusamus ea id. Sunt saepe sapiente et deserunt occaecati repellendus ut.

 

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 04 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

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...”