Government employee to MBA to Public Finance Associate at BB- what to expect?

Planning on transitioning from a career in local government to BB Public Finance Associate (think Citi, GS, MS) following T25 MBA. I know it's not the hottest area, but genuinely enjoy policy and municipal finance.

A few questions: -Do all FT Associate classes begin in August? -Is the salary and bonus structure similar to traditional IB ($125k base and ~$65k bonus)? -Is the pivot from Public Finance to DCM (or other IB groups) after 2-3 years a pipe dream or realistic? -Thoughts on exit ops to muni bond hedge funds?

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