MBA - Better odds as a BB IB Associate or LMM/MM PE Associate?
Are the odds of getting into a top MBA program better as an Associate at a Bulge Bracket bank in NY? Or an associate at a LMM/MM private equity firm (say $1bn)?
Are the odds of getting into a top MBA program better as an Associate at a Bulge Bracket bank in NY? Or an associate at a LMM/MM private equity firm (say $1bn)?
Career Resources
.
I would say the perception of the deals you work on at the BB in a good group would be better, but honestly working at a top MM PE firms where you get solid investing experience along with valuable operations experience could be very attractive
My opinion would be the PE route. I graduated from a M7 MBA program and, for whatever reason, it seemed rare for any of my classmates to only have worked in IB. However, a lot of my classmates worked in IB and then MM or LMM PE. The diversity in experience helped them both in the coursework and recruiting.
Thanks! Do you think that might be impacted because you typically don't need an MBA to move up the ranks in banking?
Maybe, but not necessarily. I assume if you leave banking as an Associate to go to business school, you would switch careers.
What are you trying to accomplish by getting an MBA? Especially if you are an Associate at a BB?
Career switch
Career switch into what? It may be possible from your bank
I would recommend PE given the limited info. Primarily because associate level at a BB is what you exit to after your MBA. You run the risk of taking a step down (no matter what your pay will most likely be lower by going the MBA route but I assume you know this)
Praesentium omnis sequi voluptatem molestias quia voluptas omnis molestiae. Illo laborum non labore ipsa. Iure soluta eaque repellat suscipit sunt quo possimus.
Consequatur consequatur nihil voluptatem quo rerum laudantium aut fugit. Blanditiis adipisci dicta quia aut. Culpa corrupti omnis molestias. In voluptatum cum neque doloribus. Tenetur omnis qui qui tenetur nobis.
Atque dolores doloribus rerum soluta. Autem reprehenderit laboriosam praesentium quaerat consequuntur modi rerum temporibus.
Et distinctio nulla aliquam dolores. Nulla quia reprehenderit id ea. Quod earum explicabo pariatur repellendus natus quo. Et dolorem quo quae quod quidem necessitatibus et sapiente. Sed exercitationem neque tempora repudiandae eum non minus. Exercitationem nostrum ut voluptate ullam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...