Jamie Dimon is hotter than David Solomon, change my mind!
Jamie Dimon actually has hair. Wtf does David Solomon bring to the table?
--------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
Now that I've got your attention. Gimme some advice.
Recent 2020 grad from a public target (Berkley, Ross, UVA). Graduated with a decent GPA 3.7. Past internships include work at a top tech firm and some finance work at a large bank. Currently doing risk consulting at a medium-known firm at a large city. Recruited for banking junior and senior year, but couldn't get anything.
What are my best options to break into banking now?
1) Network and apply while I work in the city.
2) Work a year to gain experience and apply to banking jobs.
3) MBA after 2 years of work and then apply to banking.
Couple of questions -
Is it worth doing an MBA just to break into banking?
Will recruiting at B-school be harder/equivalent than recruiting was at undergrad?
How hard will it be to get into a top MBA program given I stay in risk consulting?
Lol.
Obviously depends on what you want to do. MBA should be the most ‘Simple / straightforward’ path with the caveat of simplicity attending a analyst IB role attending said public target. Pretty similar, non negligible differences (though I don’t have MBA recruiting experience, the concept and networking etc is the same).
If you’re in the mind to go a networking or lateral hire route you need to make your own spot and create a spot for yourself almost. That way when a nerd comes up it goes to you. This is a path you have to do a lot of work to set up because you don’t have any tangible quantitative skills modeling wise and need to network. The modeling tests are probably not too hard but you’ll need to prep on your own time and really pull hard from friends you know in the industry.
Also, it’s not that you couldn’t get a banking job necessarily (probably). It’s that you only recruited for certain banks and just weren’t successful there. Tons of LMM and boutique firms would probably take you , and that could be a path to lateraling or getting an MBA first.
DJ D-Sol anyday tbh
Minus consequuntur qui quasi sit quia eum. Quia ea reprehenderit quidem esse esse ex ab. Vero iusto temporibus explicabo repellendus dolorum in error.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...