Industrial Engineering to i-banking?

Hey monkeys,

I'm finishing my freshman year studying industrial engineering at a target (think Cal/Umich/Northwestern). I was wondering how IE is viewed on the street? I'm most interested in investment banking or S&T. I have a good GPA for engineering standards, but I just wanted to hear from people who have maybe studied this or know more about it.

Thanks!

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (5)

Most Helpful
  • Intern in IB - Ind
May 16, 2020 - 9:25pm

If you're at Cal or UMich, people will probably wonder why you're not in Haas or Ross. That means, you'll probably have more explaining to do during behavioral. That, however, could be an opportunity to stand out from the crowd. The work you do in Investment Banking is much easier than what you probably have to do as an industrial engineer, so as long as you study the technicals for the interviews, you should be fine. Only thing is the GPA. I don't really know how much HR cares to put each candidate's GPA in the context of their coursework, especially when they don't even collect transcripts in most cases. To recruiters, a 3.8 Haas student will likely seem more appealing than a 3.3 Engineering student.

  • Intern in IB - Gen
May 16, 2020 - 10:08pm

I go to UMich and know several engineering students with really good banking offers! As long as you have a good GPA and are involved in extracurriculars that show your interest in banking/S&T, you'll be fine.

May 17, 2020 - 2:41am

If you are an engineer (especially at a good school) that is extremely appealing to firms. Yet, you need a solid GPA for banking/consulting jobs. But answering your direct question, you can definitely go from any type of engineering to investment banking...no doubt (just need a good gpa to really emphasize your success in a tough curriculum compared to other students)....In addition, network network network network network! I have many engineering friends who have gotten some solid IB offers and the one thing they all have in common is a strong effort in networking. Lastly, enjoy your classes...industrial engineering is such an awesome major. You will learn so much stuff that will develop your critical thinking skills, concepts that will make you an exceptional optimizer of businesses and systems etc...it's hard, but have fun with it and do your thing...Good luck, you'll kill it!

Array

  • 2
May 19, 2020 - 12:37pm
Array
Start Discussion

Total Avg Compensation

June 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (202) $234
  • 2nd Year Analyst (115) $151
  • Intern/Summer Associate (97) $145
  • 3rd+ Year Analyst (27) $145
  • 1st Year Analyst (420) $131
  • Intern/Summer Analyst (338) $82