Startup to IBD

So I just graduated from a target, and took a job working at a startup in NYC. The startup is very related to finance and actually interacts heavily with hedge funds/asset managers and sell-side content providers. (IE not a startup making environmentally friendly shoes)

I had two IB internships in school, one being an SA stint at an BB which I took for granted and didn't receive a FT offer for. The fall from grace has at least motivated me to want to get back into it, but I'm wonder what doing that would even look like for me.

I wouldn't mind going into an analyst role a few years out of college, but is this unheard of? Would it be better for me to try going to business school and coming in as an associate? And my network is decent so I guess besides the plausibility of going into an analyst role in banking, how does working at a startup look in terms of relatable skill sets -- I'm currently doing a lot of different things since the company is so young so I can spin my work here in a variety of ways.

5 Comments
 

Its definitely not unheard of. Don't let the people on WSO fool you into thinking the only way into IBD is straight after graduation or MBA. Would recommend trying to get in as an analyst and saving the $$$ on an MBA if, as you say, you dont mind coming in as an analyst.

 

Thanks for the reply -- I guess what I'm wondering is how to spin my startup experience into an analyst opportunity? Like I can say I wanted to try something different and I realized banking was for me? That sounds retarded considering I am now a year out from graduating.

Fortunately I have a bunch of friends who are first-second year analysts at banks so the network is decent. I just need to steer the conversation properly and not make it look like I lost a fantastic opportunity to join via SA internship. (which is exactly what happened. Feelsbadman.)

Also, would it be easier to just steer straight into PE at this point? Like is it possible to get into PE without banking experience?

"I did it for me...I liked it...I was good at it. And I was really... I was alive."
 
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"-caP1taL1sm.."

Thanks for the reply -- I guess what I'm wondering is how to spin my startup experience into an analyst opportunity? Like I can say I wanted to try something different and I realized banking was for me? That sounds retarded considering I am now a year out from graduating.

Fortunately I have a bunch of friends who are first-second year analysts at banks so the network is decent. I just need to steer the conversation properly and not make it look like I lost a fantastic opportunity to join via SA internship. (which is exactly what happened. Feelsbadman.)

Also, would it be easier to just steer straight into PE at this point? Like is it possible to get into PE without banking experience?

Given your startup experience, and assuming your final goal is PE, have you considered VC? Given your past, it may be more aligned with your interests, rather than a pure PE role?

 

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