Doing some financial planning before heading into the MBA this fall. For those who are post-MBA IB associates, when was your full-time signing bonus deposited? Is it when you sign the FT offer at the end of your summer internship, or is it when you actually start FT after your MBA is complete, or is it a different date altogether?
Appreciate your responses, as it'll help me determine whether or not I'll be able to use this chunk of cash during my second year of the program. If you wouldn't mind listing your bank (or at least BB/EB), location and any guidance your bank has given on the payout of signing bonuses. Also, do you get a small signing bonus for the summer internship at all?
For reference, I'm heading to an M7, intending to recruit for NYC banks. Thanks in advance!