3 Comments
 

Starting your career at 27, especially with an MBA, is not uncommon and should not negatively impact your work. Based on the most helpful WSO content, age is less of a concern in investment banking or finance roles as long as you can handle the workload and demonstrate your value. Many professionals have successfully started their careers in finance later than their peers and have thrived due to their maturity, experience, and focus. Your strong quantitative background and coding/ML skills are significant assets that can set you apart.

Desk Recommendations at HSBC:

  1. Quantitative and Trading Desks: Given your coding and machine learning expertise, desks like Quantitative Trading, Algorithmic Trading, or Electronic Trading would be ideal. These areas leverage advanced quantitative methods and programming skills, aligning well with your strengths.

  2. Global Markets (Fixed Income, Currencies, and Commodities - FICC): HSBC has a strong presence in FICC, and your quantitative skills could be valuable in roles related to pricing, risk management, or structuring.

  3. Equity Derivatives or Structured Products: These desks often require a strong quantitative background for pricing complex instruments and developing innovative solutions.

  4. Risk Management or Quantitative Research: If you're interested in a more research-oriented role, these areas could be a good fit, especially if you enjoy applying machine learning to financial modeling or risk analysis.

  5. Emerging Markets or Asia-Focused Desks: HSBC has a strong footprint in Asia, so desks focusing on emerging markets or regional opportunities could offer significant growth potential.

Future Growth and Earning Potential:

  • Desks that focus on quantitative trading, algorithmic strategies, or structured products tend to have high earning potential due to their specialized nature.
  • FICC desks, particularly in currencies and commodities, are also lucrative and align with HSBC's strengths in global markets.

Ultimately, aim for desks where your skills in coding and machine learning can be directly applied, as this will maximize your impact and career growth.

Sources: RE: Prop/Quant Trading - Why is it not as big a target as Investment Banking?, How to break into S&T as a graduate?, https://www.wallstreetoasis.com/forum/school/dilemma-quantitative-finance-vs-finance?customgpt=1, Starting as IB analyst at age 27, For those who landed as a quant with only undergrad degree

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

I mean the people coming straight out of undergrad will be analysts and you'll be an associate - of course the expectation will be higher given you're older with more experience. MBA-level associate hiring is relatively common so you're not alone.

As for desks, what do you find interesting - equities, fixed income, FX? Discretionary/systematic? No point doing something you don't find engaging and you're also less likely to do well. How interested in macro are you? Also, what was your pre-MBA experience, surely this might point you to a particular asset class.

If you are quantitatively/coding strong then for sure look at more systematic desks. Good luck

 

Illo debitis eveniet laudantium aut aut. Nisi magnam vel voluptatem sunt reiciendis minima. Qui quia quasi possimus provident nobis qui.

Dolorem non nesciunt ea ab deleniti. At aut deserunt ut est voluptas blanditiis. Accusamus dolore distinctio quaerat. Id corrupti et dolores nulla iure.

Voluptate dolore facilis quisquam ea sequi nostrum maxime. Cupiditate quia perspiciatis in non deserunt tenetur quasi. Vitae autem corrupti corrupti inventore id fuga.

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 (65) $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
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
bolo up's picture
bolo up
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...”