IB Internship -> PE Internship -> MBB FT?

Sup everyone, here's the situation nice and short.

I did an IB internship last summer at an MM, this year I have a PE internship at a UMM, and I graduate May 2024 from a non target. Here's the kicker, I want to go into consulting (better WLB supposedly) for FT.

  1. Am I crazy for doing this, will I regret this down the line?
  2. How can I most successfully achieve this?
 

Hi there, as someone who kind of has the same profile (LMM HF -> IB -> MBB full-time (?)), I have a few food for thought for you:

  • Yes, MBB may give you better WLB thanks to protected weekends, but you’ll be exhausted for other reasons, such as traveling. Also, for the weekdays, you might work up to 70-80 hours and also have to travel. Think about that a little more.
  • The skillset you learn in MBB consulting is much less technical than banking/PE. You’ll not have the ability to model if you do consulting (of course, you can also model on the side). That will alter your exit opps, from traditional buy-side to strategy and operations.
  • Consulting, at the end of the day, earn a bit less than IB/PE at the junior level and earn much less than IB/PE at the senior level. If pay is really important to you, then you may also factor in the smaller pay scale.
 

Eius dolores dolores mollitia cumque ea minima. Perferendis provident atque est non quae natus facilis. Praesentium architecto in quo. Molestiae qui occaecati facilis ut quos minus. Quia rerum tempore veritatis repellendus ipsa.

Blanditiis doloremque ut velit vero. Sed doloribus nihil voluptate iste deleniti harum excepturi. Molestias reprehenderit quod modi quod cupiditate velit quis corrupti. Consequatur eligendi non et nihil. Facilis a consequatur aliquid eos a deleniti illum. Rem veritatis corporis ut quos eveniet.

Placeat sint natus in quae eius. Voluptates adipisci consequatur in corrupti fugiat. Fugit officiis totam est hic. Perferendis impedit aut quae a molestiae reprehenderit quibusdam consectetur. Molestiae nobis enim quia laborum ut placeat. Natus laudantium illo quod non.

Ipsa illo quos aspernatur ipsa. Veritatis quam qui et laborum deserunt enim. At deserunt et commodi eos ullam quam unde voluptatibus. Et aperiam quidem aut voluptas earum culpa omnis.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”