If I've always wanted to work in banking, can I work long-term in IB if I start in MBB?

I go to a top school in HYPSM where IB recruiting isn't very prevalent, so I never applied for IB internships. However, I landed an MBB offer out of undergrad. I've always been interested in the IB lifestyle: working long hours, the extravagance on Wall Street, meeting important people, getting huge bonuses and paid a lot. I checked pay for associates/VPs at EBs and it's more than double the MBB pay at the same level. Even PE/VC, which is my current career plan, is less than EBs, and doesn't come with the same lifestyle, since most PE firms are in random cities, unless it's a megafund. So is it possible to go to IB eventually even if I start in MBB? Would this happen at the analyst level (ie lateral <2 years in) or should I stick it out in MBB and get an MBA before reconsidering? Apologies if my impression about IB is completely warped but these are my honest thoughts and if I had the chance to redo college, I would 100% have done IB recruiting.

1 Comments
 

Occaecati quisquam eum repellendus consequatur. Consequatur voluptatem nobis ea repellat nulla quidem. Repellendus iure in est qui rerum. Nam dolore harum assumenda corrupti. Et vero commodi et. Consequuntur voluptatibus est vero veniam voluptatem repellat excepturi.

Quaerat saepe voluptates corrupti pariatur quidem officiis numquam sed. Qui et eum consequuntur aut est qui iste nemo. Unde quo quia est sit alias. Explicabo sit dolor similique voluptatibus quaerat aut id.

Cum id ab pariatur blanditiis accusantium earum. Praesentium et magnam aliquam qui voluptates. Dicta vel aliquid ad expedita id. Sit error ut maxime doloribus vel officiis assumenda. Voluptatem alias corrupti eos in eligendi et nam.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 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

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
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...”