Marginal Difference between MM IB & BB/EB IB for M7 Recruiting

All -

Joining a MM (WB/Jeff) full-time this summer. Looking forward to potential MBA applications way down the line, I'm curious if there's a measurable difference in outcomes for:

versus

  • BB/EB IB > MM/UMM PE or growth equity > M7 MBA

I'm not sure how adcoms consider work experience and the relative "brand" of these buckets, so any insight would be much appreciated.

 
Most Helpful

Did not do banking pre-MBA but at M7, and yes, I suspect that there can be a difference.  Adcoms are essentially HR people and they see Morgan Stanley versus Jeff and see a difference; maybe even more of a difference based on bank than the PE firm because they at least know what Morgan Stanley is.  That being said, you will be evaluated much more holistically than anything else, so if you have good experience, went to a good college with good grades/gmat, got good recs and wrote good essays, there are plenty of MM IB at all of the M7 I am sure, so just focus on controlling that and don't get to bogged down in what you can't control at this point.

 

If you had an offer with a BB and an offer with a MM bank, then yeah worth taking the BB probably.  But is it worth going out and trying to get a BB offer when you already have a job, presumably like the team you agreed to join/could do well there, and are aiming to leave for PE anyway? Only you can answer that and I can't speak to the PE exit differences sorry

My personal view is that I would not think too crazy about the MBA until you have a reason to though - you may not need/want to go in a few years and being happy and successful in the job you have (or the next 2 jobs you're planning to have) is important as well

 

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