Why 1-year MBAs: Ideal for Consulting, but a Challenge for Investment Banking?
Just a question out of curosity. I was reading some reviews on INSEAD on the forum and found out many of them are mentioning how 1 year MBA like Insead provide is not suitable for those who wants to switch to IB since summer internship or internship prior full time offer is essential. How true is this?
1: Is 1 year MBA that bad for those who has no background in IB but want a switch?
2: How does INSEAD students go into consulting without background in consulting then?
Based on the most helpful WSO content, the concern about 1-year MBA programs being less ideal for transitioning into Investment Banking (IB) primarily stems from the structure and recruitment cycle of the IB industry. Here's a breakdown to address your curiosity:
Is a 1-year MBA that bad for those who have no background in IB but want a switch?
How do INSEAD students go into consulting without a background in consulting then?
In summary, while 1-year MBA programs present certain challenges for breaking into Investment Banking due to the recruitment structure, they are not inherently unsuitable for career switchers. Success in transitioning to either IB or consulting from a 1-year program like INSEAD's will depend on the individual's efforts in networking, leveraging school resources, and targeting the right opportunities.
Sources: Entering from non finance background with an MBA, 34 year old day trader to investment banker, 1 year into MBA: Things I wish I knew, Novice Question: What is The Point of an MBA if You've Already Made it to a BB, MBB or MF?, Am I Thinking About an MBA Wrong?
Et culpa veritatis consequatur sunt deleniti. Delectus dolorem amet laborum sint. Aut qui voluptatum cumque ex. Ullam itaque et quis delectus blanditiis voluptatem quia. Accusantium odio dolore porro laborum.
Dolorem deleniti delectus dolores eveniet consequatur sit voluptatibus autem. Non earum consequatur assumenda sit et unde laudantium. Nam est saepe voluptas vel corrupti qui. Optio dolorem voluptatem ad animi dicta in. Aut voluptas facilis sint molestiae. Sunt accusamus inventore eius ipsam quo. Soluta numquam consectetur aut aliquid beatae dignissimos qui.
Provident deserunt facilis quaerat laudantium sit nihil sequi rerum. Hic omnis nihil voluptatibus quia illum non.
Fugiat iusto culpa expedita architecto. Dolor perferendis odio minus tenetur accusantium expedita. Facere dolor et voluptates deserunt consequatur aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...