Navy Enlist to IB

Read some post on here about the transition (mostly from air force) into IB, most of those making the moves are Officers, so what's it like for an enlist? My Navy contract is over soon and I'll be 24, none of my training will realistically transfer to anything useable credit-wise, so ill be getting the full undergrad experience paid for by the G.I. Has anyone here got any idea on whether I'll be too old for IB considering I'll be 28 when I finally graduate? Also would there be anything else I would find useful being a vet trying to break in?

6 Comments
 
Most Helpful

No you won't be too old. It might feel a bit off since you'll be older than your peers, but banks are pretty receptive to vets. They understand you took a different career path and, by default, will be older. I'll give you two anecdotal examples, one enlisted, one officer, but both older than their banking peers.

  1. Enlisted: I know one guy who enlisted in the Army and was in Ranger Regiment (2-75 at JBLM). Got out when he was 25, He went to a non-target, became an IB analyst at 29, went to an M7, and now I think he's doing something at an F500.

  2. Officer: Another guy I know commissioned as an infantry officer, into the Army, and ended up as an SF officer. He was 33 when he attended an M7 and started at 35 as an associate at a BB (MS, GS, JPM). His first non-military job.

Here are some links if you are interested:

https://www.jpmorgan.com/global/about/veterans

https://www.wellsfargojobs.com/veteran-employment-transition-program

https://www.morganstanley.com/people/experienced-professionals/veterans

https://www.goldmansachs.com/careers/professionals/veterans-integration…

 

While the enlisted military to IB transition might be uncommon, it is definitely possible. I was enlisted Army in a combat job, so I had no credits transfer over. I actually think this is beneficial in terms of recruiting since IB timeline is so early and will give you more time to prepare and get some internships under your belt. I want to also echo the above comment that banks are receptive to vets. Vets will also be willing to connect with you and help you while networking like 99% of the time. Try to get into the best school you can. It is possible to break in from a non-target as a veteran (I did). It will make it easier for you imo going to a target school.

 

Non excepturi qui qui culpa dignissimos et impedit. Et aut ipsa tempora eos deserunt perferendis. Molestiae voluptatibus at minus et.

Et dicta aliquam recusandae ipsam. Doloremque mollitia itaque deleniti sit mollitia exercitationem. Unde et nihil atque nihil id iure qui. Ea repudiandae mollitia ea neque sed facere. Natus quia expedita molestiae sunt adipisci ipsam omnis. Repellat nesciunt quia omnis eligendi. Voluptatum voluptatem quo laboriosam impedit molestias nesciunt.

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 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

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 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 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

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...”