Is 25 to old to start IB
Hi Guys,
My plan after my software degree is to do an MBA at a top tier college and planning of finishing my CFA qualification by then.
Once I finish my MBA I will be between 25-27 depending if all goes to plan. Do you think this is to old to get into IB or AM?
Also by that time I will have around 5yrs experience in software development
Thanks
Are you planning on working between undergrad and MBA, or are your 5 years in software development experience just freelancing as a student?
My undergrad is PT and im working FT as a software developer at the moment
I Think an important question here is "Why IB?". Are you trying to use it to get to PE /HF do you want to go into VC. I think you could craft a story/ get different experience to potentially break in if these are your goals.
In any case, MBAs start in IB as associates. 25 would be several years younger than the majority of your associate cohort.
If anything, I would be more concerned about getting into a sufficiently strong MBA program to begin with. I understand you have a unique situation since your undergrad is part time, but typically you would want at least 3-4 years of professional experience out of undergrad. Even if you technically fit that profile, it may throw off adcoms at top business schools, and make them think you aren't experienced enough to make the cut.
To answer your question: no, 25 is young to start in IB as an associate.
How is this even a question?
If you started at 22 fresh out of undergrad, you'd be at the analyst level for 2-3 years, making you 24-25 before starting associate.
A typical mba student has 3-5 years of work experience before starting a 2-year program. That puts the typical MBA associate age at 27-29 upon entering.
I know IB isn't quant-heavy but this is elementary school math.
No I started my degree when i was 19 PT which is a 5 yr course so I would be 24 when I finish from there. After that I would do either a 1 year or 2 year MBA which would bring my age to 25-26. Also I started working full time at the age of 18 in software and planning of stopping software at 24 (when I finish my undergrad) which would bring me to 6yrs full time experience.
I'm not referring to your particular case - I'm saying the average age for stub associates ranges from 24-29. There are people who finish their MBAs at 32+ and start their stub periods at that point without an issue.
Spend 5 minutes on this site researching MBA IB recruiting, and you will realize how stupid of a question this is.
If you finish an MBA at 25 you will likely be among the youngest in your class and probably have a tough time getting an associate role.
better question...is 43 too old to start IB ?
No not at all, even without an MBA its not too old. One of my fellow analysts i 26 (first year here, did 2.5 in consulting).
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