Decisions

I'm not going to post a lot of details for personal reasons and because I'm sure you guys don't want to read a ton of stuff. Here's the deal: Would you accept an analyst position in public finance @ a smaller firm with exit opportunities you're not even sure of or would you just work on a one year masters degree @ a very highly regarded institution and do an IB internship and try again in 09?
Note: I did NOT have an IB internship during undergrad. I had an internship in another field, but for the most part, I was working full-time to finance my educaction. Thanks guys.

2 Comments
 
Best Response

The masters degree in finance may or may not help you out. Many firms do not hire Masters candidates into summer programs, or if they do, the recruiting is done separately. For example, masters candidates who apply to DB are not elligible to summer analyst or full-time analyst programs through on-campus recruiting. They must go through separate channels.

The analyst position would allow you to get a CFA (if you like), take the GMAT, figure out some other path that is more likely to be lucrative. Plus you'll be working and building your resume, instead of paying money to build it up.

So, unless you know for certain that you would be able to get relevant experience while doing that masters program that will get you into IB, I wouldn't do it.

--There are stupid questions, so think first.
 

Voluptatibus ipsum nihil soluta fuga modi. Culpa tempora rerum ipsa. Possimus officiis consequuntur sit. Eos beatae quo mollitia repellendus atque.

Ipsam dignissimos et odit maxime aut aperiam. Nulla provident deleniti magnam dolorem et libero.

Soluta ad delectus qui. Porro excepturi iure repellendus non quasi rem. Dolores ut rerum sit temporibus beatae enim cupiditate. Consequatur amet et libero et et voluptas modi aperiam.

Dicta deserunt necessitatibus voluptas sequi voluptates. Dolore pariatur aut sint atque accusantium beatae laborum est. Harum consectetur voluptatem qui ex qui est aut. Qui blanditiis facilis commodi voluptatem. Qui porro incidunt magni. Veritatis eos suscipit repudiandae repellendus repellat iste consequatur. Voluptatem qui quisquam quis quod deserunt et.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”