New to WSO - MBA with O&G Experience - Trying to make the jump into IB

Hey guys, wanted to ask a quick question. With a few years of experience at a major O&G company, and an MBA from a private non-target in TX, how are my chances of landing an analyst spot in an energy group in TX?

4 Comments
 

Hey man, welcome...we probably need a lot more information than that...if you dig through the forums, especially the Get a Job, you'll start to see consistent themes...one of them is the value of building a strong network.

You could have a crap gpa from a non-target and still end up at Goldman if you have a strong enough network and can impress in an interview...so hard for anyone to give you an exact percentage.

 
Best Response

For the past five years I have been in the Oil and Gas industry on the E&P side. Although I handle A&D, I do so in a non-finance / banking capacity. Non-Business undergrad at a top 25 public school, and I am nearing the completion of my MBA (concentrated in Energy Finance) at a private school in TX.

I am looking at making the jump into an energy group at an IB here in TX. With no IB experience, and the aforementioned ed/work experience, it is my understanding that an Associate position would be a stretch. After speaking with some friends in IB, they were of the opinion that an Analyst position was within reach, and that moving straight into an Associate position (even if possible) would have its disadvantages (EG: not having been an analyst, lack of peer/analyst respect, etc...) Thoughts? Additionally, A CFA (level 1 & 2) for-credit prep course is offered in the MBA program I'm in, which I have the opportunity to take. How would this affect my opportunities, and is it necessary?

 

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