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Bain & Company My 13 YO is taking Career and Tech. She is dead set on diving for Michigan. What are her chances of getting hired from MBB with a degree from UM? Or would she need her MBA first? Is a Michigan degree good enough to get you into a top MBA program?
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Is firm travel back up to pre covid levels?
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MBB is for people not motivated and or ambitious or smart enough to make it into investment banking
Subject Expert
A1 ibanks have been sliding down the school rankings for recruitment because people with sense are getting less and less keen on IB. Meanwhile, MBB has never been more popular at top schools.
Coach
All depends on what your long term goals are. If you want to be a senior engineer down the road I don’t think MBB is the way to go. If you want to lead an organization eventually MBB can probably accelerate you reaching that goal.
Regarding work life balance, I’d rather work hard at the start of my career, accelerate my earning potential as much as possible, and then have options in 4-8 years if I want to slow down. It’s always easier to slow down than it is to speed up as life moves forward.
This is a classic case of grass is greener on the other side. As a CS major from a top program, I know enough FAANG engineers who are bored out of their minds and want to do something else - Product, Consulting etc. It all comes down to what you enjoy and what matters to you more between WLB and pay
not mbb, but potentially similar experience. Even if the project matter is somewhat boring, I just don’t have enough time to be bored, there’s too much to do
"premier non-technical entry level"
"e.g. Tech"
Uhhhhh aren't you contradicting yourself? Not everyone has a SE or Comp sci background lmao, tech isn't an option for most people right out of undergrad.
Subject Expert
While I do think PM at big tech out of undergrad is "better" than MBB (however you want to define that), it's very niche and you need a more specific skillset to break in.
MBB is still the premier option for people starting out with a general toolkit.
Disagree with BA1 that PM exits are typical or common. It's actually quite hard and I know many who have failed coming from MBB (by far, more fail than succeed in making the jump).
It's also not hard at all to go PM to MBB these days - as long as you can case.
I think it’ll still be a top option out of UG because of the pay scale. Not often you can make close to 200k after 2-3 YOE (by 25).
Feel like younger me had no problem working 60-70s. But later 20s me isn’t having it. Wlb and health is too important, looking for an exit now
Pay scale, interesting work, ability to keep career options open, appeal of the travel lifestyle, third year opps, etc.
For a good chunk of UG seniors, it seems like the perfect job, well worth 60h weeks. Ofc opinions change when reality hits