Does the Undergrad degree/location matter as much as the MBA does in ibanking?

So I'm a Junior in HS, trying to create a loose pathway for myself to becoming an ibanker so I at least can have some expectations. From what I understand, I need to get an Undergrad first, which can be in anything apparently, but being its being Fin/Econ will give me a "slight" edge. How much does Undergrad even matter? Then, I need to get an MBA. I know that target schools increase your chances to get interviews/internships. Do you need to go to a target school for the Undergrad, MBA, or both? It seems like the MBA is the most important, but wouldn't both be better? Also, what are these Round 1, Round 2, Round 3 terms I keep seeing about MBA applications? I'm really confused by this whole process/roadmap to get from HS to IB. Thanks for your input. I'm trying to increase my chances and learn more in any way I can.

 

HS --> Undergrad at preferably "Target School" --> Summer Analyst Junior year --> Full Time Investment banking analyst --> 2-3 years later MBA at top school ---> IB Associate

Jesus people start young these days. Don't think I even knew what IB was in high school.

 

Et odit repellat rerum ipsum consequuntur ipsam et. Atque nihil voluptates vel repudiandae sit dicta vel pariatur. Sequi laborum similique et blanditiis. Fugiat saepe praesentium velit provident nihil quidem. Repellat porro placeat distinctio voluptas commodi.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”