What do MBA applicants need to know about MBA careers in investment banking?

Darren invites his friend Scott to share his experience, both as an MBA student looking to break into investment banking and as an MBA recruiter for Wells Fargo Securities.

Scott has worked in investment banking for 7 years after his MBA – don’t miss his hard-earned insights into the industry!

This is Part 2 of our MBA Career Series. Looking for more career-related podcasts? Click here.

Questions

• Scott's background (3:40)
• The 2 paths to entering investment banking (6:46)
• What do investment bankers do? (8:50)
• Common roles for recent MBA graduates (10:58)
• What is the recruiting process? (15:02)
• Bulge bracket vs. boutique investment banks (24:39)
• How b-schools help with recruiting (28:40)
• The Wharton alumni network and how to stay connected (30:10)
• What investment banks are looking for in new MBA hires (33:00)
• Interviews and dealing with technical questions (43:20)
• Scott's recommended resources for interview prep (49:35)
• The role of office locations and ìcore b-schools in recruiting (51:05)
• Investment banking opportunities for international students in the US? (59:20)
• Best part of job? Worst part of job? (1.01:05)
• Scott's final thoughts on succeeding in investment banking (1.07:25)

About Our Guest

Scott Dragicevich played professional baseball for the Toronto Blue Jays before going to business school. After getting his MBA from Wharton majoring in Finance and Entrepreneurship, Scott joined Wells Fargo Securities in New York City covering transportation and logistics. He currently works as Vice President - Investment Banking and Capital Markets, for Wells Fargo Securities in Los Angeles.

Episode summary, show notes and more at: http://touchmba.com/mba-careers-investment-banking

Episode Sponsor

What is the difference between Full-time, Part-time, Online and EMBA degrees? Which one makes most sense for you?

A number of you coming to Touch MBA for school selection help are considering multiple MBA program formats so I thought it would be good to dedicate one short episode to covering key differences from an admissions, curriculum, career and reputation perspective.

Dirk is involved in all 4 MBA programs for IE Business School so I played the role of “applicant” and asked him common questions I get.

About Our Guest

Dirk Hopfl is Director, IE Center Singapore for IE Business School. Dirk got his MBA from IE in 1999 and done admissions and development for IE's graduate and undergraduate programs for over 15 years.

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What do MBA applicants need to know about MBA careers in management consulting?

Darren invites his friend Sandra to share her experience, both as an MBA student looking to break into consulting and as an MBA recruiter for McKinsey & Company.

Sandra worked in management consulting for 5 years after her MBA - don't miss her hard-earned insights into the industry!

This is Part 1 of our MBA Career Series. Looking for more career-related podcasts? Click here.

Questions

• Sandra’s background (3:42)
• The role summer internships play in the recruiting process (6:12)
• Common types of consulting jobs for MBA grads (11:06)
• The recruiting process for management consulting (12:52)
• What McKinsey is looking for in hires? (16:00)
• What if you don’t go to a top-ranked b-school? (20:00)
• What do applicants need to know about succeeding in consulting? (21:41)
• Misconceptions about management consulting (27:16)
• Best part of job? Worst part of job? (32:24)
• Consulting opportunities for international students in the US? (38:08)
• The role of locational offices in recruiting (44:18)
• Recommended resources for breaking into management consulting (48:36)

About Our Guest

After getting her MBA from Northwestern Kellogg, Sandra worked for McKinsey & Company for 5 years. She currently lives and works in New York.

Episode summary, show notes and more at: http://touchmba.com/mba-careers-management-consulting

Episode Sponsor