expert
Expert with best answer

Sidi

99% Recommendation Rate

388 Meetings

2,751 Q&A Upvotes

USD 319 / Coaching

3

Best way into MBB

Hi everyone, I've worked in investment banking for 4 years now and decided to move into consulting. Interviewed with 2 MBBs and a number of Tier 2 firms and only have 2 Tier 2 firm offers in hand. For both MBBs I made it to finals and based on feedback it was close, but I would need to wait for 1 - 1.5 years to re-apply. Given my end goal is to join one of the MBB firms, would it make sense for me to move into a Tier 2 firm and re-apply, or would it be better if I remained in investment banking and just re-applied? Given I have not worked in the industry, I am unable to tell how closely work at a Tier 2 firm would mirror that of the MBBs, which is a key decision factor. For more context I'm in a top Tier 2 IB at the moment. Would be keen to hear your thoughts!

Hi everyone, I've worked in investment banking for 4 years now and decided to move into consulting. Interviewed with 2 MBBs and a number of Tier 2 firms and only have 2 Tier 2 firm offers in hand. For both MBBs I made it to finals and based on feedback it was close, but I would need to wait for 1 - 1.5 years to re-apply. Given my end goal is to join one of the MBB firms, would it make sense for me to move into a Tier 2 firm and re-apply, or would it be better if I remained in investment banking and just re-applied? Given I have not worked in the industry, I am unable to tell how closely work at a Tier 2 firm would mirror that of the MBBs, which is a key decision factor. For more context I'm in a top Tier 2 IB at the moment. Would be keen to hear your thoughts!

3 answers

  • Upvotes
  • Date ascending
  • Date descending
Best Answer
Book a coaching with Sidi

99% Recommendation Rate

388 Meetings

2,751 Q&A Upvotes

USD 319 / Coaching

To be honest, I don't believe it matters regarding your objective to join MBB. You have been invited by them and you know that you have to wait about 18 months to re-apply. I don't believe either option will swing your probability of success - the critical lever will be your preparation for the interviews, so that next time around you can kill the beast! ;)

PErsonally, I would probably stay in IB to reduce the number of variables in my life in order to concentrate on my end goal.

Cheers, Sidi

To be honest, I don't believe it matters regarding your objective to join MBB. You have been invited by them and you know that you have to wait about 18 months to re-apply. I don't believe either option will swing your probability of success - the critical lever will be your preparation for the interviews, so that next time around you can kill the beast! ;)

PErsonally, I would probably stay in IB to reduce the number of variables in my life in order to concentrate on my end goal.

Cheers, Sidi

Book a coaching with Andrea

100% Recommendation Rate

129 Meetings

785 Q&A Upvotes

USD 269 / Coaching

Unless next year has a promotion in store for you, with 4 years under your belt in IB I would move to the tier 2 consulting and then re-apply from there. Reason why is that one or more years in IB won't diversify your experience enough to become a more attractive candidate for the consulting firms.

Hope ti helps,

Andrea

Unless next year has a promotion in store for you, with 4 years under your belt in IB I would move to the tier 2 consulting and then re-apply from there. Reason why is that one or more years in IB won't diversify your experience enough to become a more attractive candidate for the consulting firms.

Hope ti helps,

Andrea

Book a coaching with Vlad

97% Recommendation Rate

388 Meetings

7,307 Q&A Upvotes

USD 299 / Coaching

Hi,

First of all, I would keep it in the Top IB since you will have a better brand and some career progress on your resume

Secondly, need to show some changes / achievements in your profile in order to reapply successfully:

  • Career progression
  • Remarkable projects
  • Extracurricular activities
  • New skills obtained
  • etc

The couple reasons why Tier 2 may be better

  • You'll have more time to prepare for case interviews
  • You may get some industry expertise relevant to your country

Best

Hi,

First of all, I would keep it in the Top IB since you will have a better brand and some career progress on your resume

Secondly, need to show some changes / achievements in your profile in order to reapply successfully:

  • Career progression
  • Remarkable projects
  • Extracurricular activities
  • New skills obtained
  • etc

The couple reasons why Tier 2 may be better

  • You'll have more time to prepare for case interviews
  • You may get some industry expertise relevant to your country

Best

Related case(s)

MBB Final Round Case - Smart Education

Solved 1.7k times
MBB Final Round Case - Smart Education Your client is SmartBridge, a nonprofit educational institution offering face-to-face tutoring services. The client operates in the US. The mission of SmartBridge is to help as many students as possible to complete studies and prevent that they drop from the school system, in particular in disadvantaged areas. The client is considering starting operations for its services in the Chicago area. They hired us to understand if that makes sense. Due to the nonprofit regulation, SmartBridge should operate on its own in the market, without any partnership. How would you help our client?
4.7 5 59
| Rating: (4.7 / 5.0)

Your client is SmartBridge, a nonprofit educational institution offering face-to-face tutoring services. The client operates in the US. The mission of SmartBridge is to help as many students as possible to complete studies and prevent that they drop from the school system, in particular in disadvan ... Open whole case