MBA necessary for IBD associate in US, with prior BB experiences in Asia?

Hello monkeys,

So I have prior BB IBD experiences in APAC offices, and looking to transfer to IBD in US. Given internal transfer has been extremely difficult for my firm and I personally do not want to spend entire two years at MBA, I am wondering if it is possible to break into IBD associate program with non-MBA master (like those top tier 12-18 months master programs)? 

Any opinions or ideas would be appreciated!!

4 Comments
 

Thank you! May I ask your takeaway from the IB recruiting process and how you managed to differentiate yourself from MBA candidates? (not sure if a masters would be regarded disadvantaged compared to MBAs when it comes to recruiting...)

 
Most Helpful

Most employers have an MBA intake, and a non-MBA intake. That would be the biggest difference. I don't believe that a Master's is "bad" but it would depend on the individual role or department/bank whether a specialized degree is relevant to what they are doing.

My takeaway was:
- the biggest group of applicants I have met were either UG grads or MBA folks. I was almost the only guy /w a Master's, which made me stand out (in that year)
- MBA grads have different opportunities within the firm I was applying for
- Like MBA grads, I was older than the rest. Would say same age as MBA grads as I worked in between degrees

Would I do all of this again, I would probably work longer and do an MBA later. Not for that particular role, but for the overall acceptance of the MBA.

 

Earum ipsam dicta non aspernatur. Velit natus itaque alias architecto corrupti sapiente non. Aut sunt tempore sit occaecati ea incidunt quia. Et porro voluptatem eos molestiae ullam sunt.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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 (67) $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
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”