MBA --> Oil & Gas IB

Do you need to be a former engineer or have a background in Oil & Gas in order to break into Energy/Oil & Gas IB in Houston?

I will be attending an MBA program this Fall, and I'm considering recruiting for O&G IB in Houston because I want to move back there long-term to be closer to family and friends, however, I'm worried that my lack of relevant experience (I have a Tech/IT background pre-MBA) will make me considerably less attractive to the banks in Houston compared to the other MBA candidates that are former engineers.

8 Comments
 
Most Helpful

Ex petroleum engineers get a leg up, but people of any decent general background can break in with the right mba (ut and rice place most, m7, some other southern schools like vanderbilt, fuqua), good gpa, solid on-cycle networking, good finance grade in mba

 

But to be clear, there aren’t nearly enoughsolid and willing ex pet engineers to fill the ~40-50 good Houston spots

 

Nostrum id saepe qui odit. Aliquam deserunt aut quis nisi omnis laudantium.

Sed minus iusto fuga sint quisquam. Nesciunt autem rem deleniti et. Quisquam ipsam repudiandae est fuga.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”