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This question is read-only because it has been merged with What kinds of internships should I do to get into MBB?.

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Which internship for MBB?

Hey guys,

I'm wondering which internship would complete my resume in an adequate way for MBB entry after my master.

I already worked in BIG 4 consulting, Public Sector and Trading in a Bank.
Now I'm struggeling between these options: Bus.Dev. in a start-up, Controlling in a DAX30 company or IB in a small boutique.

What do you think would be the smartest career move?

I'm thankful for any comment!

Best

Hey guys,

I'm wondering which internship would complete my resume in an adequate way for MBB entry after my master.

I already worked in BIG 4 consulting, Public Sector and Trading in a Bank.
Now I'm struggeling between these options: Bus.Dev. in a start-up, Controlling in a DAX30 company or IB in a small boutique.

What do you think would be the smartest career move?

I'm thankful for any comment!

Best

(edited)

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Hi,

First of all, why don't you want to apply to MBB now? Why do you need these extra steps?

Then options:

  1. Startup - I don't think it's a good option, unless its a big tech. You'll not get a brand. Moreover, Bus dev function in a small startup is the least useful. The only great scenario is a Saas startup where you start as bizdev and build the sales function from a scratch, becoming VP of sales. But I doubt that you can do it with no prior experience
  2. Controlling - better, but quite boring. Consultants don't like auditors:)
  3. IB - here it is. It will give you similar skills as consulting. Go for it

Best

Hi,

First of all, why don't you want to apply to MBB now? Why do you need these extra steps?

Then options:

  1. Startup - I don't think it's a good option, unless its a big tech. You'll not get a brand. Moreover, Bus dev function in a small startup is the least useful. The only great scenario is a Saas startup where you start as bizdev and build the sales function from a scratch, becoming VP of sales. But I doubt that you can do it with no prior experience
  2. Controlling - better, but quite boring. Consultants don't like auditors:)
  3. IB - here it is. It will give you similar skills as consulting. Go for it

Best

Hey anonymous,

I agree with Vlad that the start-up is most likely your worst option.

However, I tend to disagree on the rank of the remaining two options: I would go for the controlling role. before doing my MBA, I would agree that the IB role could give you additional skills and easier to fit in consulting afterwards, but today I've a completely different view - most of my IB colleagues failed big time in securing an offer from any MBB (the skillset is completely different and I felt completely disappointed when I mcok interview them!). On the other hand, controlling, despite looking a bit boring for some people, prepare you much better for a consulting interview (you will master as few the concepts of profitability and how to play around it!).

Btw, I used to work as a financial controller for two years before joining McKinsey, so it's really first hand knowledge (and controlling is not auditing!!!).

Best

Bruno

Hey anonymous,

I agree with Vlad that the start-up is most likely your worst option.

However, I tend to disagree on the rank of the remaining two options: I would go for the controlling role. before doing my MBA, I would agree that the IB role could give you additional skills and easier to fit in consulting afterwards, but today I've a completely different view - most of my IB colleagues failed big time in securing an offer from any MBB (the skillset is completely different and I felt completely disappointed when I mcok interview them!). On the other hand, controlling, despite looking a bit boring for some people, prepare you much better for a consulting interview (you will master as few the concepts of profitability and how to play around it!).

Btw, I used to work as a financial controller for two years before joining McKinsey, so it's really first hand knowledge (and controlling is not auditing!!!).

Best

Bruno