What experience for MBA? FLDP vs boutique/mm IB

I currently work at a FLDP in the midwest and would like to get some opinions if I should pursue IB still. I have always been interested in IB and still am very interested, however my first priority is to get into a MBA business schools">M7 MBA. I am 8months out of undergrad from a non-target and, while in undergrad I did not focus enough efforts on networking so naturally I ended up in Corp Fin at a F200. I have been networking since January but as I consider what background would get me into a top MBA best I am looking for some opinions. Is it worth going to a small boutique/lower tier mm over my current FLDP program (Europe international 6 month rotation during 3Q13)? Should I stick it out until I return 1Q14 and start re-networking to try to break in as an IB analyst? Will that be too late since I will have 1.5 years of full time experience? As a personal goal, top MBA is a must. Should I just stay with the F200, try to get senior analyst as fast as I can until I apply for MBA?

 

I guess not a must... but first generation immigrant, came to US for education but went to a non target undergrad since I had a full ride there and couldn't afford out of state. Now I work and saved money and can afford education at top university, I understand you don't learn anything but I'd dish out 100k for my parents to not give up their home country for a non target school. Also could enter IB at an associate level instead so I figured it'd be a feasible option.

 

Congratulations on the offers.

Actually, I just wanted to ask you a question since I am in a similar situation. I have 2 summers of experience of working at banks in various roles and now I am interviewing for a F100 FLDP.

If I get asked why F100 CF and why not Finance/Banks - how should I answer this question?

Thanks.

 

you could talk about how you're not entirely sure where you want to go in your career and an FLDP would be a great experience in the sense that it would allow to you be exposed to a variety of different areas. also, you could talk about how you eventually want to move up the ranks in a large corporation or even some say some bs thing about wanting to be part of company that produces something more tangible than banks

i actually didn't get drilled too hard on that question though

 

This is funny. I was in this EXACT position last year, I kid you not! (It was for an internship though)

I had to choose between FLDP at an insurance company and a boutique (non-NYC). I went with the F100, and leveraged that to land at a MM for FT.

My advice - pick a household name. The insurance company is MetLife I assume? If not, I'm sure its a top household name considering F100

 

Eos aut ut ullam consequatur laboriosam id. Iusto aut sit optio. Aperiam amet voluptas aliquam quidem culpa. Illo dolor ut labore. Sit culpa nihil placeat cum et maxime. Aperiam sit ratione vero porro accusantium sed expedita aspernatur.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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

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...”