To be honest, at first I wanted to go into IB just because it was going to pay me the most money right out of school. At the time I was interviewing for a lot of different companies covering several different industries.
It came down to IB and 2 tech companies (one start-up and one well established). At the end, IB offered me the most amount of money and I got to stay close to home.
It wasn't until after my first year I realized just how much I was interested in working with larger companies. I stuck around for 5 years for a couple of different reason:
1. Paid a lot of money.
2. I got to travel all around the world working on deals.
3. I was surrounded by incredibly bright and highly motivated people.
4. Helped me develop thick skin and get a better understanding of myself.
5. Forced me to stop acting like a kid and grow into a man with responsibilities and priorities.
Those are just a few reason why I stayed as long as I did, but during the last 2 years I wanted more. I wanted to be on the buy-side, but also get an education to broaden my scope and perspective. I wanted to also network with some of the brightest students the world had to offer, but I told myself I wouldn't go to business school unless I was going to a top 3 program. I applied, and went through the process of submitting my application and got lucky enough to get into one Hell of a program.
For some people business school is a way to change a career path, meet different people, or to start all over. For me, I just wanted to take a break and recharge my mind and see what else is out there. I wouldn't have learned any of this if it wasn't for my time in IB.