Instant Alert: An MBA isn't as important as you might think for building a career on Wall Street

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   An MBA isn't as important as you might think for building a career on Wall Street by Portia Crowe and Andy Kiersz on Nov 30, 2015, 4:31 PM Advertisement You might think that holding a Masters of Business Administration, or MBA, is essential to building a career on Wall Street. You would be wrong. It turns out that MBA degrees are very common at the upper levels within investment banks — but they don't dominate. And at the entry level, the most common degree is in fact a Bachelor of Science. That is, of course, because people typically go to business school after completing an analyst program or attaining an associate-level position. To better understand which degrees are most popular on Wall Street, we spoke to Emolument, a salary benchmarking website that collects self-reported pay data. They gathered data on 840 finance professionals in New York at the analyst, associate, vice president, and director level. Here is what they found. SEE ALSO: The 11 best colleges for a job on Wall Street The most popular degree among analysts on Wall Street is a Bachelor of Science. The B.S. ranks most popular among associates, too. MBAs are the most common degree at the VP level, although only slightly more common that Bachelors of Arts and Bachelors of Science. See the rest of the story at Business Insider   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011