38 Comments
 

I'm pretty sure the time for snobbery about ops is over. Lot's of people would kill for an ops job now. Plus, I don't think, even in the heyday, ops was a "fourth tier" career.

 

humblethyself, with that attitude you will be quick to be snatched up by cuomo, why dont you throw the ego in the backseat for 2 years

 
studentxserious answers please

So I take it that you have given up on the dream?

..goal seek buddy, cmon.

We're about to enter a Great Depression. Don't you want a president who's already dressed for it?

------------ I'm making it up as I go along.
 

If you only knew how many people are doing whatever they can do right now to get an ops position in buyside firms. I'm talking guys with previous BB IB experience. Is it their ideal dream job, maybe not, but its experience and if it's with a reputable firm, it doesn't hurt - if you do well there and they like you, moving into something with more of an investment role/position, suddenly becomes a lot easier once your foot is in the door.

 

i think people are pretty much getting at studentx because..well you should see the thread "the prestige"

u'll see why ppl are getting on him about ops.

We're about to enter a Great Depression. Don't you want a president who's already dressed for it?

------------ I'm making it up as I go along.
 

First make sure you know the difference between BB "operations" and "operations" consulting; they are two completely different jobs.

An operations position at a bank would entail things like reconciling trade accounts. You're basically the third man down the line from the trader, with trade support being the middle man.

Operations management involves product development, production & distribution. You manage things like purchasing, inventory control, logistics, etc. So a consultant would advise on these areas.

In short, the skill set from BB ops wouldn't be particularly transferable to operations consulting. But if consulting is something you want to do, just make a concerted effort to learn about the focus areas and wait for business school.

 

lateral, probably hard--business school would make that a lot easier. but if you're interested in process improvement/project mgmt, you'd probably be better suited to go to a more supply chain consultancy or something like that. MBB would still be a stretch I think even with b-school since in general ops is looked down upon (most former finance people i've seen at MBB are former ibankers or some other FO position, or from finance in industry ie GE, Amex etc)

 

At the MBB I was at last summer, "diversity" was defined as being hispanic or black.

(Which was sort of bullshit - one guy was from a really poor Flipino family and wasn't considered "diverse" while the guy from an incredibly wealthy, well-educated Cuban family was)

 

For me it was slightly easier. I just recently got an offer at a smaller consulting firm but with partners and managers that are ex-MBB. I think having a BB on my resume helped but I still had to network and was able to get an interview through a referral. I went through 3 rounds of case interviews, 1 behavioral and 1 presentation in front if Engagement managers. I also had a couple interviews at start ups for strategy postions.

All in all, it makes it easier to break into other industries as long as you network really well. Not so sure if IB is possible from back office without some serious connections or getting an MBA.

 

simply put, having a brand name like GS will certainly open doors for you in MC. However, it would be difficult to get a job in MC after GS. Typically people go to bschool then into MC if not straight out of undergrad.

"The cheaper the crook, the gaudier the patter"
 

The short answer is yes - despite what some people will have you believe here on WSO there is opportunities to move from BO to FO (especially if you target industry-focused boutique MC's or Tier-2 shops). Currently working at a boutique MC where our most recent analyst class ranged from fresh graduates from Ivy targets to a guy who spent several years in the MO / BO at one of the major BBs.

 

Quos quos facilis reprehenderit ut minima. Voluptatum maxime consequatur et dolores ut minus. Assumenda est error et tempora. Similique maxime aut pariatur vero sunt.

Cumque eveniet veniam maiores. Tenetur nobis fugiat dolore. Accusamus fugiat temporibus et.

Aut iusto saepe voluptatum dolor voluptatem. Sunt sed quae nulla ea vitae nemo ab libero. Sapiente culpa ad error dicta corporis.

 

Atque illum pariatur provident eligendi explicabo magni optio. Consequatur dolorem est et ut voluptatem est sint. Recusandae dolorum corrupti enim deleniti repellendus. Ex est aut ipsa doloremque. Laboriosam odit consequatur odit est in ducimus ex.

Iusto velit laborum hic modi. Eos perspiciatis facilis voluptatem pariatur quod suscipit architecto. Esse commodi vel qui beatae quidem similique dolores.

Tempore sed enim sequi aut assumenda. Ut veritatis beatae deleniti nesciunt. Occaecati repudiandae ut necessitatibus unde eum ut eius.

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 98.9%
  • 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 (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
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...”