M/B/B or B-school?

Just curious what people here think is a better opportunity (hypothetical):

You have 5 years military W/E

You are accepted to an M7 MBA (Booth, CBS, Kellogg)

You also have an offer at M/B/B as pre-MBA hire

You're not 100% sure what you want to do in life, but you are pretty sure you want IB-->PE

What would you do? Would the M/B/B stint be worth turning down the MBA with hopes of reapplying to H/S/W later on?

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 (11)

Jun 17, 2010 - 10:25am

Yes, but what if after two years I got a pre-MBA PE offer? If I took that offer, my GMAT score would have expired and I would have to re-take. I would rather jump off the empire state building then take that test again.

Jun 17, 2010 - 10:30am

If you didn't have 5 years work experience already, I would 100% say take the MBB offer. But with your MBA acceptance at a top school, you should have a good shot at landing your goal of an IB offer.

On the other hand, maybe spend 2-3 years at MBB now and re-apply to a H/S/W, and try going MBB>MBA>PE

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Jun 17, 2010 - 11:31am

Thinking about it again, if your ultimate goal is PE, then I'd go for M/B/B, since post-MBA PE without analyst experience in IB or consulting is next to impossible

Jun 17, 2010 - 11:51am

HBS and Stanford want younger students, so if you wait 2 more years your chances of getting in are small. for wharton, you'll be fine.

MBB is a good path to PE, maybe even moreso than regular banking. if i were you, i would work there for 2 years and try to go to wharton and then land a PE job after that. it will still be tough because you'll be competing against students who worked at places like blackstone, but if the economy is decent you should be fine.

Jun 17, 2010 - 6:18pm
I know this is just going to sound like I am making it up as I go along--but let's say you had an offer to Wharton MBA or pre-MBA position at McKinsey/Bain. Then what would you do? Does having a Wharton offer change your mind about putting it off?

if you really want to do PE, it will be better to get MBB experience before going to business school. if you go straight to wharton, the chances of you getting a PE job is extremely low.

Start Discussion

Total Avg Compensation

May 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (195) $233
  • 2nd Year Analyst (110) $151
  • Intern/Summer Associate (96) $145
  • 3rd+ Year Analyst (26) $145
  • 1st Year Analyst (405) $131
  • Intern/Summer Analyst (330) $82