Equtiy Research to MBA???

Hey,

Just hoping you fellow monkeys could help me out with a serious concern that's been bothering me. I recently received an offer for an Equity Research Associate position at a major bank but the reason why I haven't been able to take the offer yet is because I'm afraid this career track would jeapardize my chances of getting into a top MBA program.

I think ER could be something I can possibly handle or even enjoy, but the greater goal would be to earn a top MBA (H, W, S) and transition to corporate strategy at a start-up. I'm concerened because the top programs don't seem to like wall street professionals too much these days and i think it's even harder to find examples of people with ER backgrounds getting into top MBA programs.

Any light you guys can shed on this would be much appreciated.

Thanks!

 

good question.. i want to know this answer because I am on the exact same pathway as you. From my readings around here, sure it is easier to land a MBA program coming from a Fortune500 or consulting background however, i do not believe that this is the be all and end all. There are other ways to create value in society, we just need to recognise a gap and take advantage of it; that is my opinion anyway. What do you think?

 
Best Response

//www.wallstreetoasis.com/forums/the-other-road-corporate-development-ass…

That explains a lot, seems like we need to get from ER into consulting (easier to get in with ER background than banking and IMO a lot more interesting), somehow with a big name. Then pursue an MBA and then we have a fighting chance to get in. There must be an easier pathway. Do you know any stories with people that have come from ER and moved to MBB?

 

I know plenty of people who did ER and got into a top MBA. I don't know what they did afterwards but, yes, you can get in. As far as strategy, I've seen all types of backgrounds. Engineering, accounting, PE, etc.

 

Thanks for all your thoughts! After reading the comments I don't think I should be too worried

I have an engineering background and def not the introverted type....also i'm goin into the alternative energy coverage group but thought a top MBA would be more beneficial in meeting some driven and like-minded people with interrest in Clean Energy start-ups....since my long-term goal is to either help or even start a company and hopefully build it into a major global enterprise that can play a role in providing cleaner and mroe sustainable energy options for consumers...

Maybe in a few years i'll be able to provide advice here on how to get into top MBA programs from ER!

 

I know this is a very old thread but I was was wondering if you have any updates?

 

I think in ER it's more important to be working for a well-regarded/top-ranked analyst than just being at a big name bank. A lot of times, the top ranked analysts work at boutique shops.

However if your team/analyst is not one of the top-ranked players, then I would assume someone at a big bank probably has a slight edge over someone from a boutique bank.

 
PG17:
I think in ER it's more important to be working for a well-regarded/top-ranked analyst than just being at a big name bank.

This is generally known from a client/bank profitability perspective. But do you think graduate admissions follow (or put value in) these rankings (i.e. II, Greenwich)? There's so much dumb luck that goes with estimate accuracy-based rankings.

 

Qui id quo dolores repellendus ut architecto. Praesentium quis fugit aut ducimus.

Saepe neque magnam est et iste blanditiis beatae. Quos dignissimos et iusto reiciendis provident molestiae eum. Possimus impedit rerum magni non. Quia quisquam quibusdam aliquam maxime porro ex et laboriosam. Ducimus consequatur sed temporibus deserunt iure.

Quia labore dicta est eligendi. Exercitationem minima cupiditate velit distinctio et et est eveniet. Consequuntur aut est ea voluptate dolor odit. A nobis quia distinctio velit in quas vel. Ipsa incidunt voluptatem soluta est reiciendis.

Et maxime qui sapiente temporibus odio. Tenetur dolorum dolorum dolorum. Eaque nisi quis ratione eos ipsa doloribus et.

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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
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...”