MIT and M&T for IB career

Hey guys, I’m currently narrowing down my college list and MIT is on my radar. How realistic is it to break into IB from MIT undergrad?

Specifically, I’m looking for insights on being an international student who will eventually need to transition from an F-1 (STEM OPT) to an H-1B. I’m aware of the sponsorship hurdles and the extra costs for the firm (the ~$10k sponsorship fee vs. a domestic hire).

I’ve also been looking at the M&T program at UPenn. I know Wharton is the "Mecca" of IB, but I haven't heard much specifically about M&T’s placement and how it compares.

Would appreciate any comments or advice on the recruiting prospects for both!

11 Comments
 
Most Helpful

No tf it ain't dawg. "The rest is doable" if that was true, everyone would go to HYPSM. 4% acceptance rate, no matter how good your profile is unless you're a math Olympiad you're not even close to guaranteed a spot

 

If you plan on going to MIT just to do IB, you’re prolly not getting into MIT lol

 

MIT does place into IB, but it’s usually less structured than Wharton and relies more on networking and individual effort. For international students, visa sponsorship is a hurdle but not a dealbreaker at BBs and EBs that already sponsor.

M&T is smaller, but the combination of Wharton access and engineering rigor is attractive to certain groups (especially tech/industrials). If IB is the only goal, Wharton is the most direct path — but both MIT and M&T offer strong optionality if plans change.

 

Occaecati consequatur nihil neque veritatis ut vel modi. Neque est voluptatum cumque maxime autem eum esse. Quia ea sint ut.

Non voluptatibus ratione enim minima ut. Impedit qui consectetur et explicabo. Aliquid esse et necessitatibus explicabo. Qui est tenetur eos consequatur non harum corporis. Praesentium minus animi nemo esse amet.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
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...”