IB -> MBA -> PE?

Based on the most helpful WSO content, pursuing an MBA after 5-7 years in IB and aiming for a post-MBA PE role at a solid MM/UMM fund is possible, but it comes with challenges. Here's a breakdown:

1. Post-MBA PE Recruitment:

   • Many PE firms prefer candidates with pre-MBA buyside experience. Without it, you may face an uphill battle, as post-MBA PE recruitment isn't as structured as pre-MBA buyside recruiting.
   • However, some MM/UMM funds may still consider you, especially if you have strong deal experience and a top-tier MBA on your resume.

2. Timing and Role Fit:

   • If you pursue an MBA after reaching a senior associate or VP level in IB, you might be seen as overqualified for typical post-MBA associate roles. PE firms often hire associates in classes, and being older or more experienced can make it harder to fit into their structure.
   • Some firms might credit your experience and consider you for a senior associate or VP role, but this is less common.

3. Alternative Opportunities:

   • If PE proves challenging, other post-MBA paths include corporate development, strategy roles, or even returning to IB at a higher level. These roles often value your transaction experience and MBA credentials.

4. Considerations:

   • If PE is your ultimate goal, it might be worth exploring pre-MBA buyside roles earlier in your career. This would give you a stronger foundation for post-MBA recruitment.
   • Alternatively, you could lateral into a PE role before pursuing an MBA, as some professionals advance in PE without ever going to business school.

In summary, while it's possible to transition into PE post-MBA after a long IB stint, it will likely require extra effort and strategic networking. If you're set on this path, targeting a top MBA program and leveraging your IB experience will be crucial.

Sources: What is the point of doing private equity if you will be pushed out after two years to get an MBA?, got into M7 deferred MBA - when should I go?, A Few Observations on Investment Banking Exit Opportunities, https://www.wallstreetoasis.com/forum/private-equity/going-from-mm-investment-bank-to-mega-fund?customgpt=1, Q&A: PE Senior Associate from Post-MBA Banking Role