Switch from MO to BO?
I'm a 21 year old undergrad with a couple of months of experience in MO at a BB. I received an offer from another BB with a significant pay hike for a back office role. Eventually, I do want to aim for a FO role after an MBA.
I'm not sure if this would be the right move? The pay is a plus and I also do feel I'd get to learn a lot in BO and build a strong base.
Not sure if i'm being downright stupid here and i need advice!
What is the job? Would you like the job and/or is it necessary to gain experience at the job for you to get where you ultimately want to go?
This whole FO/MO/BO mindset is ridiculous. FO essentially means you're in a revenue producing role. Only so many people can and will do that. The others are essential for a business to function. Businesses have essentially two main buckets: Working in the business (FO) and working on the business (BO/MO). All those corporate finance positions, including the CFO, would count as working on the business. The CFO will make way more money than most of those working in the business (unless we're talking HF manager or something like that) and likely never had a FO spot. They come from accounting, corp fin (FP&A, treasury, etc).
If you want to be a banker, go FO. If you want to be in a critical role that runs the business, be MO/BO. They're both awesome. It's really way more about what you want to do.
Commodi rem sed eligendi iusto velit nesciunt enim esse. Velit aspernatur error sed enim ducimus consectetur. Voluptatem corrupti commodi non totam. Eos vel quas illum dolorem. Consequatur nihil odit totam autem in voluptates. Quis aliquid dolorem aperiam consequatur voluptate quam sint. Quod quidem eius occaecati.
Et dolorem sit voluptatem exercitationem impedit vel. Error et quas dolor. Doloremque delectus eos autem autem et veniam et quia. Eum voluptate est unde magni nulla. Officiis eligendi architecto molestias beatae perspiciatis. Eum repellat doloribus et. Excepturi ab temporibus quod provident maiores velit qui.
Consequuntur vero debitis delectus dignissimos suscipit deserunt doloribus. Provident doloribus molestiae aliquid nemo et. Assumenda possimus sed nihil qui delectus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...