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No you'll be fine. There are a ton of people who come from non-finance roles (like TFA, consulting, or the military) and they place well even without the formal hardcore finance background. It's all about getting into the school and then it's a pretty level playing field. That said, a couple boutiques focus more heavily on former analysts. I've heard Greenhill does for example, but that could be just rumors.
Try and make the move pre-MBA if you can, some firms are open to commercial guys making the jump particularly to related areas like lev fin and DCM.
You dont need to worry about any pre-MBA job switch or any of that shit. If you're at a top 20 MBA program you can break into banking regardless of your background. Just need to be personable, good attitude, know what a banker does (and technicals), and you will do well in the process. Don't overthink it.
So if Pre-MBA job is not that important should I just just try enjoy life while I can for the next couple years until my MBA and maybe study for CFA's?
Life in commercial banking is pretty fucking amazing. A few examples are glass office (vs cubicles on our M&A and DCM floors), 40 hour weeks, lunch and dinners with clients on the banks dime. I have not worked a single hour of overtime so far. I just HATE how laid back and lazy everybody is though in commercial banking. Everyone bitches and moans if they have to stay past 5.
Any examples of PNC Comm bank analysts who transitioned to PNC IBD? I'd begin networking with them. MM IBD may not require b-school for you.
There are but it's very rare as everyone in DCM/ECM/Research are all trying to join the M&A group as well. My best bet would to be to transfer into a capital markets role before getting into ibd.
I mostly want to get my MBA to rebrand myself as my undergrad is shit. (FSU, VCU, etc.)
honestly why the heck would you want to do banking if thats how good you have it? its not worth it
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