Question for those of you NOT in investment banking mainly. Though this may come up in investment banking interviews as well I think this issue is mitigated with the generally acceptable contract period which many leave after.
During many of the interviews I've experienced, they want someone who is obviously passionate about their business but they also want someone to commit to 3-5 years.
Most recently a company I am interviewing for has a training program in place that lasts 18-24 months, and as such the hiring manager told me he doesn't think it's unreasonable to expect someone he is hiring to stay 4-5+ years to in essence "pay their dues" from the training program.
I personally am hoping to use the job as a stepping stone and lateral into Boutique Investment Banking or if I can jump directly to something buy side after an MBA then that's an option as well. I of course verbally told him I think that expectation is reasonable but on the inside I am saying I want out towards the end of or at the end of the training program because I know medium term this isn't the job I want.
Does anyone see a problem with this? Is this morally wrong? Or is this just how many finance careers work these days? I personally feel that a large company isn't going to lose out on a few dropouts of their training program and I'm sure they'll be fine as long as I don't want to work for them again in the future I suppose.
Fuck 'em.
Don't worry about it. I felt the same when I first started working and had a lot of loyalty to the company. I felt bad for wanting to leave but you have to realize that you are not irreplaceable. The company will do fine without you so you need to look out for what's best for you. They won't show you any loyalty when times are rough and layoffs are going around.
With that said, it doesn't mean that you go burn bridges either.
The company will also let you go if it benefits their bottom line so just keep that in mind. Have to look out for yourself and your family. I would leave a job for a slightly better opportunity, it has to be significantly better..that way you dont like you've been hopping jobs every year or two.
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