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The Full Guide to Pre-MBA Internships: Are They Worth It?

Brian DeChesare

A long time ago, the idea of a pre-MBA internship was odd because most people stayed in their full-time jobs until their MBAs began. Also, getting into a top MBA was so much of a hassle that few people wanted to apply for something else before the program began. Do You “Need” a Pre-MBA Internship?

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How to Get an Investment Banking Internship

Brian DeChesare

If you want to know how to get an investment banking internship, it’s simple: Start very, very early and have a great “Plan B” if something goes wrong. The IB internship recruiting timeline is now so insane that even mainstream news sources like the Wall Street Journal are writing about it (“ The Race Is On to Hire Interns for 2025.

Banking 96
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Wealth Management vs. Investment Banking: Career Deathmatch

Brian DeChesare

To get an IB internship that leads to a full-time return offer, you need to get “pre-internships” in Years 1 – 2 of university, prepare for recruiting by the middle of Year 2, and do a good amount of technical prep – while earning high grades and doing something to make yourself look interesting.

Banking 59
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Age and Investment Banking: When Is It Too Late to Break Into the Industry, and What Should You Do If You’re “Too Old”?

Brian DeChesare

And if you have more than 3 – 5 years of pre-MBA full-time work experience and then do an MBA , it will become difficult to win an Associate-level role (most are under the age of 30 , but the upper limit is probably closer to 35 ). You’ll probably need a top MBA at this stage.

Banking 98
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The Search Fund Internship: Perfect Pathway into Investment Banking and Private Equity Roles?

Brian DeChesare

A long time ago, hardly anyone knew about search funds or search fund internships. A search fund internship is not as “good” as a true IB or PE internship but is far more relevant than many other internships. OK, So Where Does the Search Fund Internship Come into Play? Why Do a Search Fund Internship?

Banking 52
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Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Brian DeChesare

You can get into distressed investing at the MBA level, but more so if you’ve already done something relevant pre-MBA, such as credit risk at a large bank, and you move into restructuring IB after the MBA. Two relevant internships in 1L and 2L, such as at a restructuring boutique bank and a PE or credit-related one.

Equity 88
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Investment Banking in London: Equally Attractive Alternative to New York?

Brian DeChesare

The main differences are: Spring Weeks – These 1-week programs take place early in university and allow you to shadow bankers and, if you do well, get fast-tracked for a summer internship the next year. You don’t “need” one to win an internship, but it certainly helps. To succeed, practice as much as possible with sample tests.

Banking 79