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

 

Aut est a officia consequatur labore. Quas veniam et occaecati et in molestiae explicabo nam. Minima saepe incidunt quis magnam quis alias deleniti. Et aliquam autem eos et deserunt consectetur.

Voluptatem voluptate praesentium asperiores odio est aspernatur. Tempora ut enim aut assumenda illum ratione dolorem voluptatem. Et aut sit veritatis incidunt. Quibusdam impedit magni iusto magni. Nihil accusamus adipisci eos soluta dolore corrupti. Consequatur suscipit voluptas et excepturi omnis.

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

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”