| Topic Name: |
Investment Consulting Firms |
| Message Name: |
ex-IB |
| Date Posted: |
01/31/2002 |
| In Reply To: |
Cambridge has a very good reputation, mostly for its consulting for Universities and Foundations. Consultants are hired based on past experience and almost all have MBA or higher degree. Its extremely rare to move from associate level to consultant level without going for MBA. I doubt it is a good place to be if you want to move directly into IB, without going for MBA. Some associates (1-4 years out of undergrad) have gone on to investment management firms as analysts. One advantage is that Cambridge seems to have a very good reputation with B schools, as many people have gone on to Tuck, HBS, Fuqua, Wharton, etc. Down side is no direct investment experience. Also, somewhat difficult to transfer groups and gain experience elsewhere in the firm. |
| Message: |
Thanks for your insight....
My previous experience include working at a BB Investment Bank and Venture Capital company. I have 3 years of work experience. UNfortunately, the internet bubble burst. The IB sector is down with huge surplus of bankers on the street competing for jobs openings that are few. I spoken to a few Management Consulting firms. I would like to get back into IB. Considering MBA, but costs (and opportunity cost) big factor. Does Cambridge sponsor MBA?
How are investment management firms? lifestyle, compensation, prospects? In your opinion, what are the pros/cons, IB vs Investment management? Are you more keen on one or the other? Would you consider Cambridge or do you see it as stepping stone to Investment Management?
If you have worked there would you consider the work challenging?
Still dazed by the Internet bubble and trying to get a hold of reality.
Thanks
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