Which route to pick: Operations Analyst @ BB, Risk Analyst @ Top Insurance Broker, Corporate Audit @ BB, Financial Analyst @ F50

Hi everyone,

I have a dilemma here in picking what career path I should pursue after I graduate next semester. My ultimate goal is to get an MBA and probably transition to consulting since that was my goal in undergrad but unfortunately didn't get any offers in it. From my understanding here excluding extracurriculars and gmat score, the position and more importantly quality of your work experience is important.

I understand these roles are marginally the same in the sense that they aren't high finance and some are even pure Back Office roles, but with and getting quality work experience in mind for a long term perspective in getting an MBA which of these paths would run me in the right direction to a solid MBA program:

- Operations Analyst - JP Morgan
- Risk Analyst - Marsh McLennan
- Corporate Audit - Bank of America Merrill Lynch
- Financial Analyst - The Boeing Company
- Continue Recruiting for other roles?

Any help/feedback/suggestions would be greatly appreciated

 
Best Response

You should pick Financial Analyst at Boeing because:

Operations Analyst - JP Morgan - Have you heard how bad Ops is? If not, keep reading more on this site. Dead end Risk Analyst - Marsh McLennan - depends but typically entry level risk you are stuck in a shitty group while the good groups are full of ex-S&T folk who wanted a better lifestyle Corporate Audit - Bank of America Merrill Lynch - You will hate life in audit, it sucks and no one likes you. Dead end

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
 

I actually going to go against the grain and say Risk Analyst at Marsh McLennan. That role normally leads to a client-oriented brokerage type job after 2-3 years in. Being the #1 global insurance brokerage you are bound to meet with some ex-high finance guys to meet with and network with. I'm a big proponent of high level commercial insurance though because it's something that a non-target can break into easily, and yields a high reward while being very 'performance based' compensation. It's not unusual to see those commercial insurance brokers to be 150k+ around mid to late twenties. Not IB/PE/HF/etc. compensation but very good compared with a globally recognizable name on the resume and not the "traditional" applicant to MBA.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 

Facilis ducimus earum voluptate et recusandae. Numquam accusantium in consequatur cumque dolorem. Est veniam sed saepe magni iste.

Voluptatem velit quisquam nobis qui omnis libero quia. Quis veritatis consectetur molestias. Necessitatibus animi expedita dignissimos cumque voluptatum animi. Consectetur excepturi sint est consequatur qui. Ab cupiditate eligendi ut ipsa cupiditate perspiciatis mollitia aliquid. Quos nesciunt a atque corrupti quia doloremque alias. Est ullam officia facilis et quo natus accusamus.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
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...”