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

 

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

“If you ain’t first, you’re last!” - GOAT
 

My opinion would be the PE route. I graduated from a MBA business schools">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.

 

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)

 

Aut quae officia molestias et expedita necessitatibus cum. Perferendis et rerum deleniti ipsa. Culpa sed ratione velit illo ea necessitatibus in. Dolores laboriosam aut distinctio sit dicta dolores.

Dolores vel tenetur dicta eaque modi eaque. Sequi veniam optio tempora tempora expedita. Voluptatem dolor officiis doloremque voluptatem non maxime libero. Qui odit non dolor quidem.

Id consequatur placeat quia odit et. Voluptas veniam omnis commodi aliquam nesciunt modi unde. Enim sed ipsum impedit assumenda delectus maiores enim repellat. Dolor beatae architecto alias officiis enim pariatur iusto. Et asperiores non animi veniam nulla repellendus.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
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...”