Is it too late for me to break in?
Hello,
I am a recent grad from a top undergrad B school with a Finance major. Unfortunately, by the time I was deciding I wanted to pursue I-banking, I was already starting my senior year.
I graduated with a somewhat mediocre 3.2 GPA. I just took an offer at a large media company on their business dev/operations team because this job market is crazy right now.
Does anyone have any advice on how to eventually make the switch over to finance or investment banking? Did me accepting this offer ruin my chances?
thanks!
You can break into IB post-MBA if that's a path you are willing to take
Not too late at all, it will just be a less direct path. Some options -
1. Move up within bus dev (operations is less desirable) at the media company, lateral in a year or two as a senior analyst at the MM level. Move upstream from there
2. Lateral sooner to a regional, small IB/PE firm and look to move to MM/BB later on
3. Get 3-4 years of work experience within bus dev (current firm or another company) get a top GMAT score and head to M7 MBA aiming for summer associate roles
No reason you can't do all three simultaneously. Keep an eye out for regional openings, but develop your resume to be attractive for larger opportunities in the medium-term, with MBA as your fallback.
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