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Hows WLB in MBB?
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Hardest part is getting an interview, and right now is a pretty easy time to get them, so imo you should just apply
Afaik no cooldown with the application just with the interview, may want to confirm with someone smarter
Keep both interview going. For MBB, Cooldown is 12-18 months, could use this time to accumulate experience at tier 2 in case not successful with MBB at first shot. Tier 2 -> MBB then is much easier.