Please Help! (MBB FT vs. IB SA vs. T2 Consulting)

I little bit about myself- an incoming senior at a non-target (Top50) and interning/was supposed to intern at a Tier-2 consulting firm this summer. Recently received an offer from (UMM/low tier EB) IB for SA 2021. I want to do PE in the long term but I'm not sure if I should take IB even though I'll be graduating next year or wait and recruit for MBB in the fall for FT. The prospects of MBB are not looking so good since I am at a non-target. Should I stick with my current firm or take IB for next summer or recruit for MBB in the fall?

9 Comments
 

Sorry, should have been clear- WF, RBC, Gugg, Rothschild. Also, we have sent a few people at MBB in the past but it is not very common but we also don't send virtually anyone to any T-2's either including the one I am at rn

 

If you want to do PE, take the IB SA offer, and if you convert to FT, ask if you can start immediately after completing the internship since you would have already graduated. Like the user above said, if MBB does not recruit at your school, don't count on getting an offer. I can't imagine a T2 consulting firm placing better into PE than any of the banks you listed.

 

This is patently false. Stronger groups at WF will see strong MM exits.

 

MBB is certainly possible but be ready for network your ass off and get some partner level referrals

 

Quaerat itaque in quia quod est ducimus. Aut id reprehenderit explicabo dolores. Dolore aut aut architecto ipsam dolores debitis nemo. Possimus adipisci velit dolore et facere optio dignissimos. Deleniti nihil tenetur enim distinctio unde recusandae. Ipsum animi enim accusamus.

Quis cupiditate qui illo qui suscipit. Beatae molestias corporis eum. Quia voluptatem corrupti suscipit voluptatem. Praesentium commodi incidunt laboriosam velit molestiae. Consectetur eum voluptate ex et dicta laboriosam voluptatum odio.

Vel voluptatem nihil soluta consequatur iusto. Natus eius est voluptate atque mollitia assumenda.

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8