2020 9月 15

IB Career Management for Post-MBA Associates

By Brandon Mavleos – Sr. Director of Product Marketing

The relationships, learning, and experiences you encounter through your MBA are unmatched. However, for those ambitious students who have secured a full-time IB offer, getting ‘back to work’ will undoubtedly have challenges.

As part of our #iblifehacks series, we had the chance to speak with Stella Binkevich – an Associate at Moelis & Company, and a proud CBS alumnus, on her experience joining IB post-MBA. We put together a few pointers for MBA students who are starting their Associate program or will be in the future.

Start with patience.

“The learning curve is steep, and on some days, it can even feel vertical…”

You’ve enjoyed your MBA experience, and as you get ready to graduate, you start thinking about starting your new job. Now, you’re ready to go! With all that excitement, it is also essential to remind yourself that your career is a marathon, not a sprint. Take the time to learn and digest as much information as possible. The learning curve is steep, and on some days, it can even feel vertical.

Additionally, the more you care about the learning, the easier it will be. Enjoy the process, take the time to ask questions, and realize that you are not expected to be delivering maximum value on day 1. This will alleviate a lot of anxiety and make you more effective in the long run.

Get to know the Analysts.

“Try getting to know at least 3 or 4 Analysts – it will really help you down the road…”

When starting on the job, it’s expected that you get to know your peers. You might naturally gravitate to other Associates on the team who are starting simultaneously or more senior bankers whom you’ll be working with on deals. However, it is just as important to establish relationships with the Analysts as well.

Second-year Analysts bring a wealth of knowledge to the table, and that cannot be overlooked. Not only have they started to build relationships internally, but they have also acquired a lot of experience working on deals over the past year. That’s why it’s important to have humility – do the work, ask questions, or even redo some projects in the background if you need to.

You also have entire class of first-year Analysts that you can start to build relationships with as soon as training starts. First-year Analysts tend to work so much and are thus able to get up the learning curve quickly. Given that they are doing a lot of the foundational work (which you’ll be checking) – they can really make or break your life on deals and assignments. Try getting to know at least 3 or 4 Analysts – it will really help you down the road!

Finally, it’s important to remind yourself that you bring a tremendous amount of career experience to the table. As you build a rapport with junior bankers, there is a valuable opportunity to share advice on recruiting, professional experiences, and soft skills. Mutual respect will organically develop and these tight relationships go a long way.

Bring your whole self to work.

“It is vital to get to know people as who they really are…”

Investment banking is, without a doubt, hard work. You are going to be putting in nights, weekends, etc. However, with that comes the deep comradery and friendships you will develop with your co-workers. It is vital to get to know people as who they really are. That will foster trust which that allows each other to go the extra mile on assignments. Do favors for others when you can. Join networking groups that you can identify with. Most importantly, let your personality shine!

Investment banking is a relationship business – and with an increasingly diverse set of personalities in the space, there is room for everyone. However, it is important to recognize that the transition to a more diverse workplace starts with each one of us. Get involved in groups at work that speak to your personal and professional goals. Engage in thoughtful discussion and provide honest feedback where they may be biases – it makes a difference.

For more career tips from industry veterans, check out 5 Career Hacks for New and Future Dealmakers (Infographic).

さあ、始めましょう

あなたも好きかも:

Local Spotlight: Deal Drivers in SE Asia & India - Pulse of the Market

M&A deal flow has experienced a slowdown in Southeast Asia and India because of the COVID-19 crisis, and the outlook remains uncertain. Learn how dealmakers on the ground are adapting and continuing to close deals despite the current situation.

M & A Professional waiting on a Data Room
エキスパートスポットライト:日本案件モメンタム

日本のディールメーカーは、新型コロナウイルス感染拡大による当初の影響を経て、事業売却の増加や低コストでの資金調達、アクティビズムなどの要因に支えられた現在のモメンタムを背景に、M&A が力強く回復しているとみている。5 月 27 日にデータサイトとマージャーマーケットが共催したウェビナーで講演した業界専門家らが語った。

Tokyo Japan Skyline
市場の注目ポイント。世界経済の中心地であるアジア太平洋地域を支える

中国における移動制限が緩和されたことで、中国国内の経済が復活しました。中国は、世界有数の急速に発展し続ける国として、確固たる地位を再び築いたのです。新型コロナウイルスの感染拡大の初期段階に実施された、厳格な感染対策により、2020年後半には中国の消費活動は急速かつ堅調に回復し、エネルギーや天然資源に対する需要も回復しました。 中国経済が成熟していく中で、中国のエネルギー市場が今後どのように発展していくかは、中国だけでなくアジア太平洋地域全体にとっても非常に重要な課題なのです。

City Skyline
Staging - Publish 2