I regret going for an MBA

I'm a current MBA student. I went for an MBA because I thought it'd open up some opportunities to advance a career in finance. I applied to one school and got in. I wasn't going to bother trying the M7 schools, or semi-target schools for that matter, as I knew I wasn't going to get in. I'm being told by so many people that going for an MBA at a school that isn't a top 20 is completely worthless - especially if I'm looking to start my career. I don't know what to do. The whole point of this MBA was to get into finance. Recruiters are swiping left on me. I'm doing very well there, I like the curriculum a lot; it's challenging and genuinely engaging. But I only went for it for the opportunities I thought would ensue. What should I do? Would it make me look bad if I drop out?

 
Most Helpful

Y'know, I've heard you say twice that you're "Not gonna bother with X", maybe if you started trying every avenue available, regardless of how remote, you'd get a little traction.

Your move right now is to network your fucking ass off. You need to reach out to any and all alumni from your program and UG alma mater on the street (get a linkedin subscription) and set up phone calls and coffee chats. Recruiting is largely over, but you may be able to find a small regional bank that is willing to take you on. Again, this is a shotgun approach, you will convert 1 out of 20 "reach outs", but if you try hard and know your shit when you go into the coffee chat, you might just make something happen.

Array
 

I'm sorry to hear that you're struggling with your decision. For what it's worth, I think you'll be fine, especially in the long-run. Commit to focusing on the aspects of the program that you enjoy and finding local opportunities with regional platforms. These firms may be more likely to have just-in-time availability.

Use LinkedIn and your University's Career Development Office to identify alumni at firms such as Sun Trust, Harris Williams, BlackArch, and Raymond James and be proactive and professional in your reach out. You may be pleasantly surprised with some of the responses that you receive and one of these platforms may be "the spot" for you and your career.

Should these platforms not have availability, maybe consider local or regional boutiques that specialize in restructuring? There will certainly be hiring needs for this in the near-term.

Remember, two things:

  1. You can always lateral
  2. Your career is a long journey
 
 

Debitis vero consequuntur quis harum ut. Porro doloremque pariatur odit a. Dolores ducimus voluptas quo cumque est sapiente.

Nostrum numquam enim soluta nostrum adipisci veritatis. Expedita omnis ex saepe quos laborum maxime voluptatem doloribus. Ut rem impedit ipsam. Distinctio aut et quis illum doloremque rerum.

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

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
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”