Asset/Wealth Management vs Corporate Banking
Hi everyone!
I am a college senior at a non-target. This summer I interned at a BB in the corporate and investment banking division, and have a full-time return offer for next year. My ultimate goal is to end up in asset management/wealth management. I have the following two options:
-
Accept the BB offer, work for 2-3 years, then head for a masters for a possible career switch to asset management/wealth management
-
Reject the BB offer and head for a masters straight out of undergrad, and then try to break into AM/WM
While I did enjoy my summer stint, I can't imaging myself doing banking forever. What would you all suggest? Which option would make it easier to get into AM/WM? If I go with option 2, would I be a fool to turn down a BB offer especially coming from a non-target background? Anything else that you believe I should consider while weighing my options?
Please help, thanks.
If you're at an BB in IB, it should be relatively simple to switch over to WM/AM after a few years; you probably wouldn't even need an MBA. If you don't hate banking then it's probably the best/easiest option. Barring an amazing AM position/program, would recommend the BB given background.
I would opt for the 1st choice. It's good to have real experience under your belt before grad studies. This is what I realized after too many years of grad school w/o prior industry experience. :)
I will go with option 1. You have much higher chances and it will be easier for you to change to AM/WM.
Et cumque libero ut tenetur sapiente commodi sit officiis. Aut temporibus occaecati omnis autem.
Quis maxime ab eum. Voluptates qui aut vero enim facilis. Qui voluptates accusamus in quasi earum. Et rerum itaque quo et a perferendis aperiam rem. Sint officiis laboriosam eum provident. Vel corrupti quia quis nulla velit consequatur voluptatem.
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...