From Banking to school to return to banking

Yes, it is possible to work for 2 years at a BB IB, pursue a master's or MBA for 2 years, and then return to banking. Based on the most helpful WSO content, this path is not uncommon, especially for those who want to enhance their credentials or fulfill personal aspirations like studying abroad. Here are some key points to consider:

1. Returning to the Same Role or Firm:

   • Many individuals who leave banking for an MBA or master's program return to the industry, often at a higher level (e.g., Associate).
   • Whether you return to the same firm depends on your performance during your analyst stint and the firm's policies. Some banks actively encourage analysts to pursue an MBA and may even sponsor their education, with the expectation that they return post-graduation.

2. Studying Abroad:

   • Pursuing an MBA or master's abroad, especially in Europe, is a viable option. Top European programs like INSEAD, LBS, or Oxbridge are well-regarded and can provide a global network that enhances your career prospects.
   • If studying abroad is a personal dream, this could be an excellent way to combine career advancement with personal fulfillment.

3. Re-entering Banking:

   • Post-MBA recruiting for banking is structured, and many banks have dedicated programs to hire MBA graduates.
   • Your pre-MBA experience in IB will make you a strong candidate for Associate roles, provided you maintain a clear narrative about your career goals and how the MBA fits into them.

4. Timing and Considerations:

   • Taking a "two-year vacation" for an MBA is often seen as a strategic move rather than a setback. The network, skills, and credibility gained from a top program can offset the time away from the workforce.
   • However, ensure that the program aligns with your long-term goals and that you are prepared for the financial and opportunity costs involved.

In summary, your plan to work in IB, study abroad for a master's or MBA, and return to banking is entirely feasible and aligns with common career trajectories in the industry. Just ensure you have a clear strategy and leverage your network effectively during the transition.

Sources: Getting an MBA and coming back to IB, Q&A: MD in M&A and Capital Markets with Bulge Bracket and Boutique experience, got into M7 deferred MBA - when should I go?, Dietitian to Investment Banking?, Q&A: Former MBB Consultant