Should I move into boutique Ops?

Hi guys, just was hoping for some advice from the community. I currently work for a data aggregator in executive compensation as a data analyst lead. The pay is okay in terms of what it is, but got offered a job to work in ops at a boutique PE firm, doing data and becoming a "financial/operations analyst". I really want to get into finance, but after hearing mostly horror stories and some diamonds in the rough don't know what to weigh in at. What should I do, is there any way to break into FO because I'm working for a small shop compared to BB. Will I die a slow and painful death? Also will studying for the CFA charter currently will help my options?

 
Best Response

Well CFA won't do much for you unless you're looking to be in investment management of some sort. Even then it's tough because at your point you'll need that career changing milestone. Most people do MBA to try to make that career jump to FO.

Seems like your best path to avoid all the debt of an MBA (assuming you're interested in PE) is to just take an non traditional path and pick up the job at the PE firm and just try to make friends with the associates and ask them questions about what they do and possibly they will show you sometime and the more you learn about the business the more you can possibly help out and integrate yourself into their tasks. I suppose you could then leverage this type of experience into a possible FO role but it would never be BB or elite boutique.

You'd be looking at an interesting path but if you show drive and initiative and work hard then you can break in eventually.

Blue horseshoe loves Anacott Steel
 

Commodi ut reiciendis vel quae. Accusantium ut et totam reiciendis dolorum. Explicabo temporibus vel vel ab excepturi.

At rerum ut earum ea velit deleniti. Quos et asperiores eos. Ducimus natus maiores sed ea soluta maxime sequi. Reprehenderit reiciendis cumque hic voluptatem. Dolorum ipsa modi soluta qui et quia vel. Eius alias fuga vel rerum deleniti.

Pariatur enim magnam molestias vero in id quia est. Provident vel velit est autem nihil similique. Nam qui vitae repellat tempora facere velit temporibus.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”