WSO what has been your experience with MDs who started as analysts and moved all the way up without getting an MBA? I remember people mentioning that a lot of them tend to not have families, get married or are sometimes strange because they spend all their time at work without being able to develop their talents outside. How true has been in your experience?
| +119 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 23 | 2h |
| +91 | Americas M&A League Table Q2 Updated | 40 | 1h |
| +72 | Wealthy Parents / Jaded | 24 | 4h |
| +56 | How are hours rn for SA (interns) | 31 | 1h |
| +47 | Venezuela Debt Restructuring - LAZ vs CVP | 22 | 16h |
| +42 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 10 | 5h |
| +37 | Boutique firm wants access to my LinkedIn? | 32 | 4h |
| +31 | Investment Banking in Mexico | 9 | 2h |
| +26 | MM bottom bucket bonus | 9 | 3d |
| +25 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 14 | 4h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
all the MDs i know started at the bottom 15-20 years ago and all of them have families and are on boards of charities. i think there's a survivorship bias here where anyone who does make it to MD has known that banking is what they love/are good at. because of this, they've been able to either balance their outside lives with the work from good planning or just because they're so damn good at their jobs
I would also be interested to know how many have made it to the top without getting an MBA.
It can be done, but don't count on it. If you look at the various heads of various groups, there will be a mix of MBA, JD, PhD, and AB/BA only. The AB/BA only are superstars. If you check the credentials on some of the MBAs, you'll find that they are almost-superstars, in that they made it extremely far without an MBA, and then got some part-time MBA to increase their eligibility for promotion to MD/Partner.
Aut ea atque voluptatem fugit recusandae aut odit ipsum. Est qui sint optio ab et. Dolore sed incidunt qui blanditiis. Voluptates eos at non quasi cumque consequatur nam.
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...