Georgetown MBA - Reputation in IB NYC

Hoping to get a better assessment on Georgetown MBA and if its reputation has changed on the street over the last few years.

I'm aware Georgetown undergrad is stronger than its MBA program but its US news MBA rankings has risen a few spots this year (not sure if this means much) and wanted to know if it's partially because of any improvements in IB placement recently.

I'm hoping to learn more on IB placement in NYC.

Any specifics on BB/EB/MM banks that that Georgetown MBA places well in would be helpful to know as well. Thank you.

 
Most Helpful

MSB alum in banking at a BB.

Pros:

  • proximity to NYC and access to networking relative to Darden, tuck, Ross etc.
  • loyalty alumni across undergrad and grad
  • sends 20-30 summer associates per year so there is a structured process with a decent support system of peers and second years
  • academic programs are front loaded to prepare for technicals
  • if you wants go into banking and are willing to put in the time, it is doable from MSB

Con

  • not a lot of core schools the recruit on campus so requires a significant amount of networking for better placement outcomes
  • since WF is the only school that recruits, the banking timeline isn’t always straight forward; some Banks recruit sooner than others and provide an exploring offer so don’t get the benefit of survey. Other banks recruit later and a reluctant to give early offers. A lot of variability
  • there are only a handful alumni at BBs each year which creates a bottleneck. More students want to network than alumni can talk with
  • career center is useless and adds no real value
 

Thanks for the breakdown - this is very helpful.

Did you find MSB Finance Club structured/essential in guiding you in networking and in preparation? Or was it more of finance club providing resources but you did all of the leg-work yourself?

Ex. I know Cornell is very structured and particular about how they guide their first-years in networking - I'm just trying to get a sense if MSB Finance club is similar or if you're kinda just on your own

 

Cornell is definitely more structured. Would say the MSB finance club structure is more informal and based on second years paying it forward rather than a formal program run by the school. The RE program is much more structured in comparison.

Would recommend you reach out to second years on LinkedIn and ask for 15 minutes about the recruiting process and placement. I’m a couple years removed.

 

My 2 cents:

It is one of the stronger options for IB if you can't get into the Duke/Darden/Tuck level, or the Cornell/UNC/UCLA tier (Cornell has done an awesome job leaning into IB recruiting). That being said, it is not as clear-cut for BB/EB/top MMs in NYC the way those schools are.

If G-town is your best option, just be aware going in of the potential obstacles, and come in ready and willing to explore regional options (in my opinion extremely underrated at the associate level). It is ALWAYS easier to break into IB and move around.

The short version of this: if you are a personable candidate and don't want to wait or don't think you can bump up to other schools, Georgetown is a solid program that will give you a decent shot at breaking into IB

 

Thanks for your insight.

I've actually been admitted to UNC as well but I did not realize it's on a different tier than Georgetown.

All things equal - I'd prefer to go to Georgetown (fit/location/lifestyle), but is UNC just that much better/core for IB placement in NYC?

 

Apologies, and wouldn't read too much into it. After the core 15 it is less clear and there is more of a mix and gradation. My only point is that UNC has a more traditional "on-campus" recruiting pipeline for some banks, though I wouldn't necessarily say it is enough to outweigh the other characteristics you are going for.

That being said, are you dead-set on NYC? As in, would you take a non-IB job in NYC over an IB job elsewhere? Would you consider it a failure to not land an IB gig or are there other avenues you are exploring?

 

No offense OP, but why not spend a few extra months getting your GMAT to the 710-730+ range and then gunning for a better program? 

Clearly you are well informed enough to browse WSO. You also get one shot at an MBA, why not go all-out to ensure that you get into a Top 15 program where your likelihood of IB is 2-3x higher? 

GTown has a great brand imo in law and undergrad, but I wouldn't leave things up to chance with the MBA

 

Thanks for both your comments. 

I've been waitlisted at a few higher-ranked programs, but I'm pretty committed to not wait another year.

That being said - appreciate your honest thoughts on Georgetown. I'm also considering UNC, so I'll do some research to see if there is more of a OCR presence there.

 

One other con is that once you get into IB, you have to hate core schools and complain at every opportunity about core vs non-core.

But seriously, it’s just as others have said above. Georgetown sends a decent number of people to lots of banks with some groups having a pretty good pipeline into the group on almost an annual basis, but it’s just a harder trek that requires a bit more initiative on your part compared to the core schools that have more OCR. One silver lining is that Georgetown alumni know that it’s harder so they will fight extra hard for you if they like you and they’re more willing to really help. You can also hope for the undergrad name to help but that would be a bonus because some people love anyone that went to Georgetown in any capacity while others really only care about the undergrad.

UNC has a little bit more OCR but I wouldn’t say a whole ton more. Same applies with getting after the networking a bit harder if it’s a bank you want but they don’t come to campus.

 

Went through MBA recruiting at a core school and FT now- it is my strong opinion that should choose UNC.  I know DC and Georgetown specifically is amazing and beautiful but honestly you can't underestimate what a pipeline will do for you when it comes to securing a spot. I've interacted with multiple people at BoA, Barclays, and other BBs that went to UNC, have never interacted with anyone from Georgetown. 

 

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