I have a question about Houston I-banking. I was a Summer Associate at a top 5 in NY in the tech sector, and have an offer to go back.
Due to personal reasons (the wife not being able to move to NY cos of her career), I recruited in Houston (where she is), and got an offer at a competing in the Energy group.
I have a technology background, and have never worked anywhere remotely close to the Oil and Gas industry.
My question is:
1. how tough is it for someone with no Oil and Gas experience to learn the industry, considering it's not as exciting and fast-growing as tech?
2. I am not very well-versed with what drives dealflow in Energy - commodity prices? What really is the driver, considering there are no new ideas in Oil and Gas and it's a stable industry?
My other option really is to make my wife quit her job and shift to New York but I am just not comfortable doing that in this economy.
Please share your thoughts.
Thanks in advance