What MBA's to apply to
Have really been thinking about applying to an MBA for a career pivot. with the end goal working in DCM, Corporate banking, or somewhere in credit. Have been in compliance for the last year and a half at a boutique investment bank in NYC . Was wondering what MBAs I should be shooting for and applying to. I realize M7 may be a stretch, would top 15 or top 25 be worth it. I also realize once you get out of those it might not be worth pursuing but hears some background and credentials i have
Based on the most helpful WSO content, here's what you need to know:
For a career pivot into DCM, Corporate Banking, or credit, targeting a top MBA program is a smart move. While M7 schools might be a stretch, top 15 or even top 25 programs can still provide significant value, especially if they have strong finance or banking networks. Here's a breakdown of your situation and advice:
Why Top 15 or Top 25 MBAs Are Worth It:
Your Background:
Recommended Schools:
Additional Tips:
Good luck with your MBA applications! If you need more tailored advice, consider exploring WSO's MBA resources or networking guides.
Sources: Having serious thoughts about B-school for the first time - can anyone offer any advice?, Medical School --> IBanking, What I've learned so far after 1 yr at a top MBA program (If I could do it over):, ECM/DCM for Career Banking, Q&A: Corporate Banking Associate
Profile is on the right track for a T15 or even an M7 depending on how your career progresses. Maknly 2 questions:
Pretty confident, i can do well. I am a good test taker would just need to put the hours in and study.
2. I would ideally like to transition into DCM or Corporate banking
Many T15 programs have solid placement into DCM and corporate banking, and if the MBA helps you to move from a back/middle office role in compliance into a front-office role, you should see a good financial return on the MBA.
Search for "PROGRAM NAME MBA employment report" and you'll be able to see placement and compensation data for your target programs.
Not every program has a specific line item in the employment report for commercial banking, which is sometimes aggregated into a general "Financial Services" category, but if you look up the latest Tuck MBA employment report, this has compensation data for commercial banking specifically:
Note that employment reports do NOT include non-guaranteed compensation, such as annual performance bonuses, which comes on top of what is listed in the employment reports.
This data point should help to confirm or deny if the immediate increase in compensation (and the potential for faster future promotions after an MBA) would make it financially worthwhile for you to apply to programs at the T15 level.
As the other reply suggests, earning a good GMAT or GRE score will help you to be a competitive applicant.
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