Bay got his start in the film industry interning with George Lucas when he was fifteen, filing the storyboards for "Raiders of the Lost Ark", which he thought was going to be terrible. His opinion changed after seeing it in the theater and he was so impressed by the experience that he decided to become a film director. He graduated from Wesleyan University in 1986, majoring in both English and Film. He was a member of the Psi Upsilon fraternity and a favorite student of film historian Jeanine Basinger. For his graduate work, he attended Art Center College of Design in Pasadena where he also studied film.