Starting Career at LMM
What are peoples thoughts of starting career post-grad at LMM shop? How long do I stay? What are my career moves after? Do top MBA programs respect LMM IB experience?
What are peoples thoughts of starting career post-grad at LMM shop? How long do I stay? What are my career moves after? Do top MBA programs respect LMM IB experience?
| +236 | UBS Healthcare | 49 | 1d |
| +75 | UBS MDs Treat Employees like Dogshit, Data to Prove it | 14 | 1m |
| +59 | Shana tova - happy new year | 12 | 1d |
| +58 | More diversity needed in the industry | 11 | 3d |
| +56 | Coverage Banking is Paradise | 7 | 32m |
| +48 | NYC Wall Street Run Club | 13 | 3d |
| +46 | Lost all ambition / don’t care at all anymore | 19 | 2d |
| +25 | My Motivation Is At An All Time High | 3 | 3h |
| +24 | What is the role of an analyst at your firm? | 3 | 1d |
| +22 | Feeling a bad pattern forming. I need some help | 3 | 5d |
Career Resources
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Look. It’s a great start to your career because it’s the one you’ve got. Life’s about playing the cards you’ve dealt. Work hard for a year or two, rack up some deal experience, build your technical skills, fight for a promotion if you like the place or lateral to a more established shop if you don’t.
Obviously Harvard and Stanford MBA programs aren’t going to be fighting over LMM IB analysts. I suggest you graduate from Yale and go to Goldman IB and then Carlyle PE if you want that. If that’s off the table then I suggest you do good work, accomplish impressive things, get promoted, maybe jump to a BB or a large F500 company or do something completely crazy and impressive, and you’ll have the same shot as anybody for a top 10 to 15 program. Anything is possible as long as you always play the cards you’re dealt and help yourself get better and better hands.
You're acting like he's working a back office role or at cricket wireless.
OP - congrats on the investment banking offer especially in a year like this. You can stay as long as you want or lateral to a BB or EB when the time is right. To get to a top MBA you'll need a good GMAT.
Hey could I PM you?
Could I PM you?
People get into M7 from Audit all the time lol… As long as your LMM bank is really a legit LMM bank as long as your GPA and GMAT is up there you can squeak into M7 and should be fine for T10.
Second this, M7 (and t20) take people from a variety of backgrounds. There are a lot of school teachers and ex military in these programs alongside the bankers and consultants.
If you want M7, work experience is like 1/3 of the picture. You need to have a well rounded application so do well on your GMAT, have a clear story why you want to go to X school, ace the interviews, and get involved in stuff outside of work (e.g., volunteering, cool side hustle, art projects etc.).
Hey, just wanna let you know I bookmarked this comment and have read it a few times since you posted it. Very insightful and genuine help—cheers
This should be posted on the front page of WSO. So well put and such an important message.
Thoughts on starting out at a LMM PE fund basically out of undergrad? What are my options from here? I really like PE so I’m trying to stay in the industry.
You're better off doing banking out of undergrad as it almost guarantees you a return offer in this economy and gives you a better skillset for PE associate recruiting, as PEs with analyst programs tend to be very sourcing heavy. (of course if you have a MF or UMM offer take it over banking)
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