I am a CPA and have been working for a tech startup for the last two years. Before this I was an auditor for about 2 years at a national firm, not Big 4. I am starting the Georgetown MSF program this month with the hopes of breaking into investment banking or corporate development. My target would be boutique banks in the DC or NYC area. Do I need a banking internship to secure these kinds of roles or is it more feasible to move directly into a full time analyst role?
Trending Content - Job Search Advice Forum
Career Resources
Leverage the Georgetown network. I’d be flexible in terms of looking beyond IB, a lot of multinational banks have small or nonexistent advisory practices, but have capital markets. I’d also look at corporate banking, corporate development and FLDP programs. Internships only make sense if you have a summer to do them in, if you don’t just target full time roles and have lots of informational interviews with alumni.
Thank you, I appreciate the advice.
Typically, MSF programs do not feed into investment banking roles but rather equity research / asset management as a general rule of thumb. At my alma matter, the MSF kids primarily placed into ER, Hedge Funds, and PE analyst programs.
That's not to say you can't do it -- you certainly could. I just don't think most investment banks recruit from MSF programs formally - I could be wrong though. Network and you should be fine. I went to a semi-target (maybe non-target, a highly regarded state school in the same realm as UT Austin) and broke into a very well regarded bank just from networking -- and I had no real connections to the industry prior to starting.
Georgetown is a great school -- structure your master's program to take M&A / IB / Corporate Finance courses as much as possible as opposed to markets. There's nothing wrong with financial markets classes, but gearing your curriculum towards IB-related material will help with your technical skills and sales pitch / story when you go to interview with banks. Best of luck.
Thanks, I appreciate the response.
May I ask what MSF program you're referring to? I am interested in doing one and HF/PE Placement would be my preferred outcome
Not much to add, just wanted to say best of luck and Hoya Saxa!
Thanks!
Consequuntur eos beatae voluptate repudiandae et impedit inventore. Totam qui neque quod doloremque laudantium et. Vel ut molestias omnis nam animi voluptatibus. Corrupti asperiores voluptatem doloribus. Suscipit perferendis atque voluptate eaque. Impedit fuga eos aspernatur repellat optio ipsam corporis.
Similique et eaque maiores consequatur aut nostrum. Sequi nulla quisquam perferendis qui omnis nulla. Ut quidem sunt similique et et atque enim. Tenetur voluptates et magni numquam vitae. Blanditiis odio eos voluptates cupiditate error odit sint. Cum architecto fuga nihil illum est libero.
Aut dolorum perferendis odio aperiam repellat expedita. Laborum vel quisquam beatae aut incidunt. Rerum dolore eius praesentium. Quis voluptatem est repudiandae earum quisquam consequuntur. Sed repellat quaerat suscipit recusandae culpa vitae et. Unde non laudantium explicabo.
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...