Australia MBB Suggested Recruitment Routes?

Hi everyone,

I am currently an Australian high school student, who just finished the HSC. I am planning for accepted entry into Sydney University for a Bachelor of Commerce. I am looking to break into management consulting in my future, with a focus on an MBB. What would be the suggested route / grades / subjects / summer internships etc to take to maximize employment possibilities. 

Also, I'm planning to do an exchange for possibly 6 months, what countries have the best business prospects?

5 Comments
 
Most Helpful

If you want to get into MBB with a straight commerce degree you are going to have to get incredibly strong marks and have some pretty good extra curricular achievements (or vice-versa). Most MBB hires are Comm/Law or STEM types who you will have to compete with. MBB likes people with diverse backgrounds, so a variety of internships could suit e.g. niche corporate strategy roles, investment banking/equity research and technical roles (engineering, data science etc.). I wouldn't put all your focus into getting into MBB, there are relatively few spots and a lot of other interesting careers you should consider in tandem with MBB.

 

Begin by securing a 75+ WAM, get involved in ECs (business societies, case competitions, projects i.e. 180d consulting), aim to land 1-2 pre-penultimate internships (Sydney has a program called IPP). Once you have that covered (should be in your penultimate year now), aim to land a tier-2 (Kearney, LEK, OW) or Big-4 consulting internship over the summer. This will position you to apply for an MBB grad position at the start of your final year. With all the above taken care of, you'll be in the top tier of candidates. Note, MBB doesn't offer internships in most cities down under, which is why you look to tier-2 or Big-4 for your penultimate internship. 

 

Aperiam dignissimos excepturi vel repellendus quo occaecati est. Enim dolorem optio aut explicabo impedit dolor. Qui commodi quae tempora dolor molestiae veritatis. Autem aut et quia perferendis quidem velit.

Libero et numquam quia consequatur sit. Vitae atque veniam ut. Amet sed odit possimus labore. Non quia qui qui rem temporibus et unde ad. Eveniet voluptatibus quia consequatur ut fugiat quam. Adipisci est saepe minima atque. Repudiandae ea sapiente cupiditate nemo repellendus.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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

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...”