Which offer is best to break into IB.

Plan:

Recent graduate (22 y/o) considering three offers.

Planning to complete a masters at LSE after two years in one of the positions to spring board my career into IB.


Options:

A. A corporate finance graduate program at an energy company.

B. An internship with a boutique VC firm.

C. A markets business analyst position at Citi.

Any help is appreciated!

like
Posting as :
works at
You are currently posting as works at

Not sure any is great for IB. Just do the masters now and get IB jobs

like

Why not just do the masters and avoid wasting 2 years of your life in roles that do not interrdt you?

like

This may just be the UK and my experience is not there, but typically FP&A does not exit into IB.

In North America, again, ignore if not how it works there, you do a finance degree and get into IB, or do B4 M&A/FDD/Valuations and get into boutique IB, or do anything else plus an MBA.

My option would be VC only because the chance to get into buyside then you don’t do your masters, you’ll be set up well for the end goal of 80% of ppl in IB.

Option B. That how my buddy did it. Started at a small VC and now making a killing in IB. But he has works 80 hours and lives in NYC so…

None of these are really great for IB unless you have a very good network afterwards. FP&A is usually back office. Out of these Option B may be relatively better.

^Facts

Related Posts

Please refer me for any job role in Service Management. I am working as incident and change manager. I have 6.7 years of experience.

like

Many openings in McKinsey. DM me for referrals.

like

Looking for thoughts.

I have 13 years of experience as a Business Analyst at various capacities (Regulatory, Data Verticals) in Banking with Bachelors degree in Accounting & Semi Qualified management accountant

Currently pursuing PGP in Data Science and in verge of completion.

Alongside I have got certifications in Cloud & Visualization tools.

Now I want to move completely to the Analytics/ML side. Will the companies consider my BA experience in Data & Regulatory experiences?

like

So my school opens a brand new STEM Building in January. What are some programs you recommend that are on cutting edge of STEM?

like

My joining date is NoV 21st, can any one provide me some details.. Cab facility..? Allowances any .? Reallocation allowance..? Shift allowance..? Joining bonus..? I have one more offer from other company, let me know which company is best to join regarding the career growth.!

like

How's everyone doing? Im a Private Banker, doing my homework to become an advisor. But I might not take the bank road. I spoke to EJ and PRU. Will you give me an advise on where should I start???

like

Could someone explain what finance closing process is? I passed CPA and have audit experience but I don’t really understand how industry accounting cycle works :( What does it mean to close the books? Are they referring to 12/31 deadline? Do all JE have to be recorded within this date? How does one close it?

like

I’m interviewing for a community manager role with a creative agency tomorrow. Anyone have tips specifically for CM/Strategy roles?

like

How is CG (consulting group) in Iqvia differs than other groups?
Does they have better pay than others at same level?
What position to join with 7 yrs of ex. Is grade 140 appropriate for 7 yrs of ex?
Any thing important to know about it.

like

Anyone who is ex-consulting and moved to industry miss the events? I don't miss the lack of WLB, but I miss getting tickets to conferences, team events and DU.
Pandemic has been good and bad, since I guess no one is going anywhere, but also because industry office is closed so no in-house events either. Miss getting varied experiences across different clients and industries that consulting offered.
Anyone else feel like their world shrunk a ton when they left consulting for industry?

like

I'm being asked to be involved in product pricing for the first time, and lack any knowledge or experience in that area. Any suggestions on courses or books or websites? I'm considering the Pragmatic Marketing pricing course, so would be interested to hear from anyone who has taken it.

like

I am mainframe developer and having 8+ years of experience. I am planning to learn latest technology and few of them suggested to learn Oracle CPQ or Commerce cloud.

Is oracle CPQ or commerce cloud are good for the future of the career? Please advice.

like

Anyone here work or has interviewed for a data science role at DataRobot? Would love to get some insight. Third interview coming up.

like

Does where you get your masters degree matter? I’m in an online environmental science masters program at an expensive “name-brand” school, but have colleagues telling me I should transfer to a less expensive program to save $ because no one cares about where your degree is from. Aside from the cost of it, I like my program, and the fact that I’m now connected to an incredible alumni network. And not gonna lie, I like the clout. Thoughts?

like

I am looking for a full time media sales, ideally sales mgmt role. After a failed start up attempt, independent consulting has been disparate and lonely. I feel like all my networking feeds and certifications are geared to technical roles and technical buzzwords. Any solid advice how I can include buzzwords in my CV so that the algorithms can signal my sales management interest?

like

Chances of convincing HBS to take me off the waitlist using offers and full tuition scholarships from all the other M7 (GSB, Wharton, Kellogg, Booth, Sloan, CBS)?

likefunny

Is it harder to get into business school than business school itself?

like

Anyone here from Health Industry Group (HIG) that want to share some insights on the type of work, growth etc

like

Hello All,

I am currently working as Talend ETL Developer. Company which I am working currently doesn't have projects for this skillset. Need some suggestions. Which technology is good now in current market similar to the skills which I am having. So I will be upskilling me in that technology.

More Posts

Business Performance Manager role what level is this targeted at?

like

Can anyone refer me to ETL tester role in product based company?

Does anyone know what it's like to work at insider ? Tech saas ai martech business. Read a few Glassdoor reviews that concerned me.

like

Hi

Does anyone know, In citiusTech. Is it possible to shift to different technology..
Currently working in ETL Testing.. I want to shift to Data Engineering domain..
If possible to what will be the process ....

like

Hi Folks

What are the average annual salary increments at CitiusTech like? Also how about the variable component - do we people usually get 100%?

like

For those who own investment properties - Rate being a landlord on a scale of 1-10

like

I’m not bad with money but definitely lots of room to improve overall, due to several personal factors I don’t want to list in full here (numerous unanticipated medical bills, bad boyfriends, etc.) Hence why I only have $3k in savings right now. My first mini goal is to have $5k saved by the end of December. I need motivation and words of encouragement. If I pay off my medical bills, I won’t make my goal. I have to start putting saving money first. Getting depressed about my situation.

like
like

A creative judging film craft at CLIO’s and don’t have a single film in the portfolio? #industryproblems

likesmart

Hello everyone. My joining date is 20/10/22 in natwest.But still i did’nt get any mail regarding my joining formalities.can anyone explain me that how many days it will take to complete my pes verification.

like

I found a place with great reviews to be diagnosed for ADHD, but it’s through virtual appointments, is this a normal thing?

like

Anyone have good CRA interview tips ? Entry level with Stryker. Appreciate it

I’m a woman of color and my legal assistant is a white man…this feels…good?

likefunnyuplifting

Was approved for an apartment that was originally listed as no-fee, but just heard from the broker the building isn’t paying the broker’s fee so we would have to pay it. It is one month’s rent but they are saying we can pay just 1/3 of it due to the miscommunication. Thoughts? Is this a scam? Is there room to negotiate?

like

Can anyone help me understand this better?

Post Photo
like

Currently 16 weeks with an inconsistent bump. Sometimes is noticeable and other times it’s not, anyone experienced this? Currently it went back to almost non existent and am worried

Is an MBA really worth it?

What does an online MBA look like in terms of class time, work load, realistic time to complete etc?

like

Current firm : HCL technologies Tech stack : .Net Core Exp : 5 yrs
I have an offer from JP Morgan for same tech stack.

I want to know more about WLB and office timings at JP Morgan.

What do you suggest, as I have good WLB at HCL technologies.

like

Anyone ever stayed at Westin Tokyo? Is the concierge lounge any good?

like

Additional Posts in Investment Banking - IBD

Closing in on a corp dev offer. I work at a boutique (~10 ppl) where the analysts/associates carry a lot of weight during deals. What is the longest i could push my potential start date back to for this new role? I don’t wanna leave while i’m in the middle of a bunch of things and screw over my current firm. They’ve been good to me

like

For those that have worked at a Bulge Bracket and an Elite Boutique, I’d love to hear you compare/contrast your experiences.

like

If anyone needs a cfa tutor Dm me I tutor all levels.

like

Received an offer for equity research and IB, both in toronto. ER paying $120k base and my understanding is that bonus can be around 25-30%. IB is paying $105k base but likely higher bonus? Which one would u choose if you think you would be good at both

like

Just signed an offer and moving to Chicago in about a month. Unfortunately, I don’t know anyone there. Any best practices for finding roommates?

like

Thoughts on GP Bullhound?

Have technical interview (pen and paper only) coming up with a BB, can anyone offer advice/resources/suggested way to practice?

like

I just graduated from a nontarget in Dec 2020 & am currently interning at PwC before I go back to do my Masters. My initial plan was to accept my full time offer and slowly work my way into IB.

I see postings right now for FT IB analyst programs. Should I even try applying online?

Ik recruiters don’t really read cover letters, but I learned about banking rlly late into college. i’m the daughter of blue collar workers who don’t speak English so I never really knew what jobs were “prestigious”

like

does anyone have experience exiting after 1 year? any vengeful MD stories? my MD knows a lot of people and i’m scared if i interview or exit to one of these places that he has a connection at he might try to mess with my career...

like

Could someone please suggest how to handle this situation?
My manager (Technology Director) sees me as an emerging thread to his position and stopped sharing details / trying to avoid including me in visible projects etc.,
FYI - His manager is the division head and Managing Director.
Why I think my manager tries to move me out?
- I am 18 YOE with a technically strong background
- Upper mgmt is starting to identify me as the backup for all systems. My manager tries to move me out since then

like

What credit cards does everyone use to maximize rewards points? What bank accounts to maximize sign up bonuses?

like

I want to be a client instead of an investment banker. Where do I sign up?

likefunny

Hi, was wondering if anyone has info on Investment Banking and/or buyside comp levels in copenhagen?

like

Has anyone who lateraled for an experienced IB role gotten moving expenses reimbursed? If so, how much was it? Thanks

like

What are realistic expectations for 3rd Year Analyst / Direct Promote Associate bonus range at a BB? Note that at MS, 2nd year bonuses in my group last year were 90-115K, while MBA associates received a pro-rated 90K stub (~40k). Personally would be pretty unhappy to take a pay cut between 2nd and 3rd year…

like

Want to get new bag for work and not sure if I should get a Tumi briefcase or backpack. Seems like I’ve seen more backpacks these days. Thoughts?

like

Late stage analyst 1 at a mid-market heavy TMT focused M&A boutique in London. Keen to increase exit opps and realise it may be worth trying to lateral to a BB / name brand. Any opinions / advice on achievability? If low, what’s the best move here.

like

How many times do you think about quitting per day?

like

Interesting all the noise about these PPT, my take:

The pandemic took all the upside of an IB analyst life (client meetings in person, fancy trips, suit up, worshiped at networking events) and left all the juniors with the downside (long hours, monkey-like type of job, aggressive work environment).

Not that the complaints are not sort of legitimate but you may need to revise the decision-making process that led you to accept a return offer. Specially if you were looking for less hours.

like

Thoughts on the Tech investment banking scene in Charlotte, North Carolina?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal