Ivy Engineering Bachelors+Masters+F50 R&D -> IB/PE/VC/etc

Hi all. I’m a senior Mechanical Engineering major at a T10 school (think Penn/Brown/Duke/CalTech/etc). I’ll be graduating with both my BSE and MSE in MechE. I've completed my master's during my undergrad to enhance my technical branding for VC.


My long-term goal is to work in finance or S&O within EVs, consumer products, or climate tech. I'm passionate about EVs and have tailored my extracurricular and internship experiences accordingly, including R&D at big-name EV tech companies like Tesla, Rivian, Lucid, etc.


Planning to get my MBA after 3-5 YOE in R&D at a high-growth startup in an innovative related field (either stay at hot EV company or move to solid state battery tech startup (chasing equity and start-up branding)). Post-MBA, hoping to pivot to finance for a few years before finance at startup or larger technology firm, or venture capital.


The engineering pay ceiling— even in hardware tech space— is too low. My starting comp at 23 will be ~$140k (currently making $125k prorated as intern). If I stay in engineering, I’ll be making mid-$200 by 35. My finance friends will be clearing $500k+++ at 35 with much larger upsides.


I’m aware that this career change is about 5 years away, but want to plan for my MBA (prioritizing more PM-type strategy and leadership work, community service/engagement, finance networking) from as soon as I begin working.


Would appreciate thoughts and advice on my plan. Does this seem viable? Are there exits that could leverage my tech experience (that aren’t quant trading)? I’m hoping my 3-5 years in R&D could allow me to enter higher than a BB IB year 1 analyst.

 

Maybe check out the deferred MBA programs. My impression is they love engineers and that would solidify your career plan pretty nicely

 

Aliquid et deserunt dolores ex odio et. Facilis natus voluptatem ex architecto est alias aut. Quo dolor vitae eligendi rerum nihil enim. Repellendus et quaerat aspernatur tempora consequatur ut. Eveniet minima iure ratione deleniti sapiente maxime.

Nemo necessitatibus officia voluptatem reprehenderit vitae sit numquam. Dolorem laudantium cum saepe quo.

Occaecati deserunt rerum commodi reprehenderit. Quis odit consequuntur quam possimus ut aliquid earum.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”