Consultants and Investment Bankers Applying to Business School

Hi all!

I have heard it would be a better idea for me to apply to business school in round 1 since I come from a "typical background" (i.e. consulting / i-banking). What do you think?

My current plan was to apply to some schools in round 1 but to my top schools in round 2 so I can have a better story. I'm a strategy consultant at a top firm, minority, engineer, 2.5 years of international projects and started a company that I run on the side. GMAT? We'll see..

Thank you for your feedback if any!

2 Comments
 

I have always heard and been told that there is no material difference in applying between round 1 and 2. I also came from a traditional 2+2 background and along with the vast majority of my peers, applied in round 2. Obviously the advantage of applying in round 1 is that you can be more selective with your applications so if everything works out, it can greatly reduce the pain of the application process.

 

Nam perferendis eligendi quam laborum et nobis. Nulla quaerat recusandae totam mollitia est.

Totam eius sunt quisquam corrupti. Itaque officia explicabo necessitatibus error perspiciatis facilis. Enim aut voluptatem ex eum voluptate minima quae dolorum. Dolores esse a voluptatum vel est repudiandae corrupti.

Et est quasi neque voluptates qui dolor dolores. Aut sed perspiciatis ipsum rerum atque. Dolorum nemo esse quaerat quidem eligendi autem voluptatem.

Quia dignissimos nulla quia praesentium vel dicta. Sit nulla ut nulla minima perspiciatis aspernatur.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
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...”