MM offer vs masters and try BB recruitment
I'm currently attending a european semi-target (CBS/Solvay/maastricht) and I will be completing my bachelor with $0 of Debt. I have the chance to start at a MM boutique (Lincoln, GP Bullhound, Torch Partners, Harris Williams etc.) after graduating.
Now I'm wondering if I should persue a Masters (and try BB recruitment) or just start at the mm shop.
Pro Arguments for Masters:
- Chance for BB Recruitment:
Contra:
- Significant debt (e.g. Cass tuition fees are 30k GBP + COL London etc.) This is especially worrying since my parents can't support me financially
- Wasting 1-2 years ( I will already be 23 after finishing my bachelor)
My fiinal goal is a MM Growth equity fund or VC firm. I assume a MM IB will be enough, however, a BB makes recruitment easier (but is it really that significant, that it's worth the downsides?).
Have you considered possibly working at the MM for a year and then attempting to lateral to a BB? Starting now will give you industry experience which is more valuable when it comes to recruiting, in addition to the fact that you will be making money now rather than burdening yourself with potential unnecessary debt.
These MM are very different in what they do. Why not doing a masters at your semi target? Cass is a semi only and will be way more expensive as you mentioned.
I know that the firms are quite different but tbh I'm really passionate about the TMT Space therefore I really consider one of the following firms (GP Bullhound, Torch Partners, CODE Advisors, ARMA Partners, STRATA) but I also have an offer at one of the the more known MM firms (Lincoln, Harris Williams, Baird etc.)
The option of doing a masters at my current semi-target is not free. The only reason why I managed to graduate without debt is because of a sponsorship which only covered my bachelors tuition fee + a small stipend.
If you like the MM you will be at work there. As the others mentioned you will be able to lateral to a BB. And PE recruiting (if you are interested in it) is not as strict time wise compared to the US>
Doing a master's is idiotic. Best case scenario you work at the MM for a year and then lateral to a BB - same timeline as doing a master's but with 1 year of exp. under your belt and earning $ along the way. Worst case scenario you do a master's and strike out again.
Obviously start working at the reputable MM...
MM
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