Is IB worth it in my situation?

I'm currently a senior FP&A analyst at a F500 credit card company, and I have a little over 4 YOE from FP&A and public accounting (with a CPA). I thought FP&A was something I wanted to do long term, but I'm hating how cyclical this job gets. The role, as well as the majority of FP&A roles within my company, doesn't have much value-add, strategic work. Instead, it's just filled with too much month-end BS like variance analysis, budgeting, forecasting, and slide decks. I realize that I'd rather do something like Corp Dev instead where the work is more project based and creates much more value and impact enterprise wide. I understand that the hours are more unpredictable and likely more intense in Corp Dev, but I'm willing to deal with it. I rather work longer hours in something I enjoy than fewer hours in something I dislike.

From my understanding, it's pretty unlikely for me to break into Corp Dev given my lack of M&A/IB experience. I'm seriously considering getting an MBA in hopes of becoming an IB associate and accelerating my career. I see myself doing IB for about 2-3 years before switching back to industry in a Corp Dev role. I also would think that the MBA would enable me to get promotions to higher positions because I have the degree.

TDLR: Is it worth getting an MBA to do IB to just end up in Corp Dev if I'm already in FP&A?

3 Comments
 

Quas dolores quis et qui est. Id rem eveniet quisquam deserunt asperiores. Quae aut dolores iste voluptatem ea eligendi. Incidunt maxime repellat veritatis maiores maxime voluptatem. Reiciendis aliquid eum ullam nemo iusto. Nobis officia dolore dolor ex ut itaque.

Ut a deleniti eligendi. Nihil voluptatem aut incidunt inventore. Enim et dignissimos eum odit soluta fugit. Perferendis accusamus non quasi quis.

Quisquam nisi ut et laboriosam. Dicta vel voluptatem blanditiis sunt doloribus. Eos minus nemo porro deleniti. Corporis ducimus et est asperiores magnam saepe. Eum similique earum nostrum dolores. Error voluptas ex nihil ea. Amet beatae expedita neque distinctio deleniti cumque corporis.

Labore et corporis eveniet iusto soluta quia. Ex quae quia a et nulla eos ex qui. Et aut ab fuga atque iure. Nihil laudantium quae ut ab id. Eius mollitia aut ut. Accusantium qui quam odio molestiae perferendis quia. Omnis est eaque exercitationem eveniet.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
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...”