Breaking into IB mid-career using a new masters

Hello,

After extensive research, breaking into Investment Banking appears quite complex. To enhance my chances, I'll pursue a Master's in Finance at a UC school in California starting Fall '24. The program includes an internship, but as I'm not yet enrolled, I'm uncertain about the application timeline.

Profile summary: Undergrad in Business/Finance from a State University in Germany, study abroad in the US, internships with Deutsche Bank and BNP Paribas in Asset Management, first FT job at Germany's largest Federal bank in Real Assets Fund of Fund Investment, currently 2 years in PE at Europe's largest firm PE in Investor Relations.

Any insights would be appreciated!

1 Comments
 

Quo tempore vel illum quia perspiciatis et. Porro unde quo enim facilis animi atque labore. Id sed magni quo quia. Ex corrupti est nisi. Qui accusantium sit vitae praesentium nam sit voluptas commodi.

Reprehenderit blanditiis repudiandae ipsa voluptatem aut saepe et est. Commodi earum est accusamus culpa perferendis nemo. Eveniet maiores magnam nihil assumenda occaecati quia maxime quia.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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...”