Help - Healthcare IB with no bio degree but with healthcare management concentration at Wharton

Hey guys, I was wondering how much importance do healthcare IB groups place on having a bio degree on your resume when recruiting for summer analysts? I'm in Wharton and am doing healthcare management as one of my concentrations (apart from finance, accounting yada yada). I've worked at healthcare PE firm this past summer (quite unknown though) and have shown general interest in healthcare throughout (did a lot of science stuff in high school, like science research and this summer research program organized by MIT). Also involved in healthcare investing clubs on campus. Would do people looking through resumes give me a chance and offer me an interview or would they automatically zing me because of lack of bio degree at Penn?

Just FYI, I decided against the bio degree because I'm pretty confident of learning the science on my own (reading research papers, clinical results, textbooks, 10Ks) and I personally think taking these science classes at a bachelor's level isn't spending my time wisely if I'm not thinking of a PhD or MD - esp since IB doesn't even need such high level knowledge (if we're talking about biotech HF then that's a different story). Also because I wanted to take a healthcare management concentration in place as I think that adds more value - understanding the system and payor/patient/provider mix isn't as easy as learning about cancer drugs from a textbook/research reports IMO. (There're other reasons but its complicated...)

But yeah bottom line is, do I still stand a fighting chance, or should I just stop emphasizing the whole healthcare thing and position myself as more of a generalist? (As of now, I'm interested in M&A advisory first then industry coverage second)

Love to hear you guys' thoughts!

1 Comments
 

Nesciunt reprehenderit et error qui. Alias illo natus excepturi optio. Itaque et vitae amet nam optio.

Neque officiis natus voluptas beatae voluptate commodi adipisci. Ex ut ea praesentium magnam sequi aliquam. Blanditiis fugiat dicta ad qui nisi laudantium quia. Voluptatem voluptatem facere ut quo deserunt soluta non cumque. Facere animi veritatis est tempore sed dolor. Totam odio ipsa a saepe est eaque possimus.

Est molestias dolorem molestiae sint sed quis et. Et voluptas doloribus expedita vel delectus est est. Perspiciatis consequatur rerum deleniti voluptas in. Iste temporibus quibusdam deleniti sed voluptas consequatur non. Dolor aliquam officia fugiat iure.

Eius quia laudantium quae numquam dolorum et. Maiores suscipit provident eos suscipit molestias corporis. Quas voluptatibus consectetur reprehenderit dolores totam dolores. Laudantium occaecati sint rerum aperiam asperiores quis quo. Unde est molestiae sunt totam dolorum ut itaque.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”