78 Comments
 

As for location SF / Chicago / Houston (for energy PE), should be good enough, but still a little harder to get in to NYC PEs than NYC bankers.

If you are at Citi / BAML, and top groups, no incentive to move to GS MS JPM, but if you are at lower BB (UBS / DB) maybe.

Don't have much insight into MBA, have seen a couple guys go to Harvard / Wharton, but still unclear as to why you would get an MBA degree if you already started from Banking.

Undergrad degree matters, but only to a degree

 

Sophomore here. Did you do any interviewing during your time as an analyst? If so, which candidates stood out to you the most? I think it's easy for anyone to get access to BIWS, WSP, or whatever other resources to "get it." I mean, anyone can talk about a deal, especially if you've been following any sort of activity in the market, anybody can learn how to model, how to do a DCF, comps, merger model, etc. So what really makes a candidate stand out? I will be interviewing this summer/fall so thx in advance!

Also, are you considering going back for an MBA given it might be required? And a little off topic here, but how much were you/your peers able to save during your three years as an analyst?

 
Best Response

Yes I did a couple of informational interviews / did resume screens.

Talking about kids who not just memorized BIWS, etc, but those who truly understand the concept, etc. Also, huge focus on personality (we don't want any cutthroats, overly eager guys), and whether they would be good fit to the culture of the group. Make sure to have clear reason as to why IB, why this firm, why this group.

My PE doesn't require MBA to be promoted so maybe not. If you want to stay on as IB associate, absolutely not worth it to get MBA.

Depends on your spending habit. Yes, you can save if you want

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