Question for experienced Ibankers

I currently work for BofA in a Portfolio Analyst role with our Wealth & Investment Management Division. I would like to either work in an Treasury Analyst Corp. Fin. role or Associate Analyst Ibanking role (in CO) after putting in a couple of years in my currently position and maybe a couple of years at a boutique I-bank (George K. Baum). I was wondering if it would hurt my career going from a BB firm to such a small I-bank. I'm concerned that this move might show job regression from an MBA recruiter's perspective (will apply to UNC, UT-A, Emory, Purdue, Wash U, Duke)and it may look like a step down when I apply for either Corp. Fin. Treasury positions or Ibanking Assoc. positions in the future (after the MBA).

Also, I'm assuming most of you have MBAs (or will) from schools much better than the ones I listed, so what do you think my chances of getting into those scools are. I have a Cum GPA of 3.65 from a no-name school and will have pretty decent work experience with BofA. Thanks in advance for the advice.

 
Best Response

I haven't taken the GMAT yet; I've been kinda busy studying for the CFA level II. I determined the list of schools based on: 1. their corp fin. programs 2. acceptance rates 3. average gmat scores 4. level of prestige 5. average gpa 6. graduate placement

I'm going to assume that my GMAT score isn't the most important factor by which I'll be considered. Based upon the other criteria I listed, what do you think my chances of getting into the listed schools are? Let's just assume that I will score at least the class average on my GMAT (after taking it multiple times) next year.

 

Dude,

without a gmat score (or even pretests to guess off of) it's hard to know if you could get into wharton or slipper rock u.

My advice would be - do the cfa, take the job you want, bust your ass on gmat, THEN start narrowing down schools.

ps - I'm not really an "experienced ibanker" but I'm def not an undergrad giving advice either.

 

Et molestias tempore est dolorum doloremque. Voluptas provident deserunt consequatur recusandae cumque beatae praesentium. Sit est voluptatem in. Alias repellat aut quisquam laboriosam. Aliquid aperiam nisi exercitationem voluptas dicta. Animi vel vel quia molestiae.

Id sint possimus rerum. Sed explicabo ullam dolores numquam et architecto. Ipsum omnis temporibus maiores molestias quo. Non dolore maiores sapiente quas animi minima nobis. Fugiat neque laboriosam aut consequatur ea sit asperiores. Fugit et possimus rerum.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”