McKinsey vs. JPMorgan IBD for post-MBA Venture Capital Exit

Hi all,

I have recently been offered both a full-time at McKinsey and a spring internship at JPMorgan (the HR mentioned multiple times tho that given my performance at the assessment center, it is very likely that I will receive a full-time offer after that).

Ideally, my goal after 2-3 years of work would be to get into an ivy MBA and land a job in VC (or even PE).
Any thoughts to share to help me make a decision?
PS: does it matter that JPMorgan offer is in London and McKinsey offer is in the mediterranean complex?

Thanks to all ;)

 
Best Response

No, it doesn't. It really really doesn't, M7 schools won't choose candidates in London over other areas. I have a couple of friends who have summered and are now in McK in continental offices in Europe and they literally prepare you for MBA applications (HBS & GSB). As for post-MBA VC, I guess you can't go wrong with either knowledge wise... Can't comment on how much modeling you need to know, but I guess the case study framework of thought could be more useful in VC than banking (somebody correct me if wrong).

[quote]The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.[/quote]
 

I assume the JPM offer is for traditional investment banking vs some other division. If you want to do growth equity it is slightly more advantageous to do banking. McKinsey is the stronger brand name though. You can't really go wrong with either though -- congrats on the offers.

 

McK has the better brand name, though med offices can be a big gamble as you might get limited exposure to grade A work. Nonetheless, a McK analyst is almost a certainty in a top BSchool unless he screws up the app. Virtually all the people in the med McK office I worked at went to H/W, with a few to S and to Chicago on a full ride, so you cannot go wrong. I do think that getting PE related skills will be more difficult at McK than at JPM but, nonetheless, it's doable if you find a way into the PE practice. Good luck!

 

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