“There are three ways to make a living on Wall Street – be first, be smarter, or cheat.”
-John Tuld, Margin Call
It’s one of my favorite quotes from Margin Call… because it’s mostly true.
But if you’re applying for IB/PE/HF jobs at the MBA level, this statement doesn’t quite hold up.
After all, you can’t cheat your way in unless you want to get expelled or have your offer rescinded.
And good luck being “smarter” than your classmates.
But you can be first.
You can race ahead of other candidates with a pre-MBA internship, where you work in the industry of your choice before your MBA program even begins.
But there’s very little information online about these opportunities – until now, that is.
Our reader today worked in the energy industry, and then enrolled in a top MBA program to make a transition into investment management.
To make that transition easier, he completed a pre-MBA internship at a hedge fund, which is what we’re diving into this time around:
Introductions: Realizing that Investment Management is a Legitimate Profession