Specifically would like to know: - if while recruiting the banks would perceive this as a limit? - if anyone has direct experience in moving from corporate in business dev roles (5 years) do an MBA and make the jump
Thank you
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Definitely not - just an intern but in my team this summer there were MBA interns, one of which was 32.
Are u based in us or Europe? Do you think there’s any difference?
Europe in general has a higher average age across Analysts and Associates i've found
Yes London at one of the BB's
The concept of MBA associates is not prevalent in London, although it does happen (typically with BB's rather than boutique's).
Therefore, I doubt age is really the issue. You're older than an average associate but nothing that eyebrow-raising. The issue is more how rare (and presumably therefore how competitive) the move is, especially with no previous finance/consulting background.
I'd suggest that you would likely need an MBA from exactly LBS for this to even possibly work.
Thanks!
And aiming at US market is impossible? Are there visa issues ?
In Europe, there are quite a lot of MBA Associates so this is nothing new. Nonetheless its true that not all banks hire them, mostly BBs do.
From my experience I happen to find most of them coming from INSEAD, IESE, LBS + Top US MBAs.
Some banks do have specific teams of alumnis that are in charge of recruiting for MBAs, which makes it so hard to break if you dont come from these 3 EU universities.
That’s great news I wouldn’t consider any other schools in Europe other than INSEAD or LBS.
About London placement then the ideal scenario is connecting with some alumni in the bank early on I guess?
Still trying to understand if it’s worth trying to apply to some top US schools ( way more expensive and not sure about post mba placement there given the visa issue)
Know tons of Associates in 31-33 yo range who joined BB after graduating from top 10 MBA programs in US
Amazing! Are there visa issues if you’re European?
Found this, anyone knows if it’s ok to be hired on an OPT year on the student visa and then aske to either be sposnsored for an HB1 or be transferred abroad?
https://find-mba.com/articles/post-mba-the-work-visa-rundown
USA: The OPT visa and other options
For a foreign student who’s completed his or her MBA in the US, there are a few options. The first is a legal period of 12 months after graduation, called the Optional Practical Training (OPT), which allows the graduate to work, intern or freelance in his/her field of study.
One of the most common ways for a graduate to stay in the US is to be sponsored by an employer for an H-1B visa. It is used by the vast majority of international MBA graduates from US schools, and provides work authorization for up to three years. Since the government has tightened its visa policies and reduced the annual quota for the number of H-1B visas available, it requires stringent planning from you and your employer: the application is due on April 1, and even if it is approved, the status is not valid until October of that year. The H1B is also awarded through a lottery process, meaning many foreign MBA graduates still fail to obtain the visa and are forced to either return home or seek other countries of residency.
Curious how do grads from INSEAD / LBS get graduate job given sellside/buyside post-MBA hire is not as structured as the US.
Is it common to require you to do IBD/Big 4 TAS pre-MBA for post-MBA finance opportunities?
How difficult is it for corporate jobs post-MBA, are they mostly adhoc/lateral hire (apply during MBA) or more like post-MBA FLDP?
I am curious myself! Just trying to understand if it’s too much of a gamble and should shoot for an US based MBA to break into a BB
Most of the IB associates have worked in a somewhat related field - ER/Consulting/Big4/Smaller M&A is the most frequent background from what I have seen.
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