Post MBA Associate scene in London
Hi all, just recently joined this community and I have to say - this is brilliant.
Need help regarding some relevant views and ground reality about the post MBA associate roles in London. The availablity of them and how hard to crack are they ? Based on my research, they're decreasing in numbers every year and Brexit will cause further shortage of such recruiting. Is this true or is the scene as good as in US ?
I'm hoping to get through LBS, OxBridge and Imperial MBA programs.
Background:
1) 2 years of client interaction roles in a manufacturing family business in India. Was responsible for sales increase. Also handled the funds and it's passive allocation working with independent wealth managers.
2) Also founded a retail company that is doing well but I have no intentions of being associated with it anymore. It's being handled by the family.
3) Have had short stints in big 4 taxation and a couple of internships in regional small PWM firms.
4) A year at a big 4 TAS cum Deal Advisory role.
My long term goal is to be a career banker. I've tried entrepreneurship and it isn't for me. Albeit, I have learnt a lot of soft skills that could help me in senior banking roles if I ever make it. I still have a year to reach b school so please advise me how I spend the next year ? (Stick it out at big 4 TAS) and is entering BB/EB Tech coverage group as a post MBA associate doable in London or am I thinking of dreamland given my multisphered background and lack of recruiting opportunities for such roles ?
Would appreciate any input.
MS post-MBA full time associate class in London last year consisted of 11 hires (believe nearly all of them completed an internship beforehand)
Thanks for the info! Just a quick follow up - were any of them Non-EU people and which school were the most of them from ?
Can I PM you ? Would it be possible you set up a quick with any of them ?
In my BB (london) there are many post mba associates and some of them are not from the EU (India, US...)
Most of them come from Insead / IESE or Top10 US MBAs
And if you want to have a call with them go upfront, check linkedin and do your work. It would be pretty awkward if I ask some of my colleagues to have calls with people idk in real life to be honest. People are open to help in most cases but you need to ask it personally and explain your history, why yo want it...
Hey, thanks for the input.
When you say IESE/INSEAD, does this list include OxBridge and Imperial MBAs ? Ofc LBS is right up there.
I've been trying to do the linkedin approach. Barely any banker replies and even fewer can find the time to have a chat. Thus, I was looking for some help from the community here.
Any view on my WE and the normal work experience such associates tend to have pre MBA that allows them a associate role later ?
Said and Judge are pretty terrible mba programs..Just take a look at the background of some of the folks in their class profile PDFs (read: not at all what you would expect..barely any impressive backgrounds).
The only programs worth it for post-MBA banking in London are the top US programs and INSEAD/LBS/IESE.
Imperial's program is basically a cash cow. At least with Judge/Said/HEC/Bocconi/IMD you can place into relatively decent corporate roles or tier 2 consulting.
You should speak to the finance club reps at each of the prospective schools. They’ll be more receptive to cold messages and have insight into the recruiting process from their respective schools. The recruiting process is very structured coming out of a target program.
Why don't you keep working in India?
The markets work very different in India. There is a not a lot of deal flow. Not even comparable to other markets. There are hardly any positions opening throughout the year with thousands fighting for them. And to be a front office analyst for the top banks, you need to have a CFA or MBA from the top 3 colleges in the country, which again is next to impossible. So yeah, India isn't a great place to be for investment banking.
Sit ipsa officiis modi nostrum rerum. Cum provident ut facilis voluptatibus qui tenetur.
Quis qui perspiciatis rerum reprehenderit. Quisquam eveniet veniam quod illo dignissimos esse. Explicabo earum blanditiis porro non ut.
Aliquid dolor excepturi ut aliquid qui aut. Nihil iure velit eligendi neque. Et aut ullam dolorem ut ipsam est optio praesentium. Dolor consequuntur dolorem quidem tenetur voluptatem explicabo quisquam.
Accusamus aut dignissimos dolores quos officiis nobis iste. Ut qui dolorem doloribus doloremque occaecati. Fugiat necessitatibus nihil consequatur esse placeat. Nobis voluptatem nihil corrupti saepe voluptatem. Explicabo nobis sequi illum quas aliquam quos. Dignissimos ut voluptates qui autem velit quisquam ipsam et.
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...