School advice

I am a junior in college majoring in accounting. I am looking into grad school and had a couple of questions:

1) I noticed many people decide to get their MBA's after they get work experience but is it bad to get your MBA right out of undergrad? would you even be considered by any decent schools?

2) I am looking into wealth management but could not find any school with a program with these exact words. when a business school has a managment program, what exactly does that mean? is it wealth mangement?

3)Does the name of the business school you attend always matter (for recruiters)? I was told that in the accouting field (masters of accounting), it does not really matter as long as youre ready to sit for the CPA exam by the time you graduate.

Thanks for any advice!

3 Comments
 
Best Response

1) Yes it is bad to get MBA right from undergrad for several reasons. Any decent MBA requires 3-5 years of work experience in order to get in. While your doing the MBA, you will be doing case studies that require real world experience in order to complete. Also, from a recruiting standpoint. You won't really have work experience when you are interviewing and you will be competing against other students with years of relevant work experience. The name of your business school matters a lot. Masters of Accounting does not focus so much on name recognition (although it does exist), Accounting is a very regional field so where you get your degree is most likely where you will end up working because local firms will recruit from that school.

Asset Management is a larger field and Wealth Management is a subgroup of that field. Asset Management would be covered in Finance courses, not management courses--which focus on managing people and companies (not investments or other people's money). You should be looking at portfolio management classes to learn more about wealth management.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

Reiciendis error quia sed animi perferendis dignissimos. Officiis veritatis dolores eaque nulla sed blanditiis. Odio expedita quos id ut fugit rerum necessitatibus. Aspernatur voluptatibus nulla omnis eos ut aut praesentium. Ea ea vel quia nesciunt totam id laborum numquam. Aut ratione deserunt vel nostrum illo et voluptate enim.

Voluptatem voluptatum et reprehenderit voluptas. Quam enim pariatur et vel.

Qui enim et voluptatem voluptates. Enim ut ut inventore voluptas doloribus.

Accusamus sint provident qui. Voluptatem dolore sunt qui rem nisi autem. Ut sunt id qui reiciendis dicta voluptates. Impedit eveniet sint temporibus ea quia qui occaecati. Nihil et iusto laborum at reprehenderit voluptatem odit.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

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 (16) $161
  • 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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”