Help me evaluate an offer
I have an offer from a consulting/Asset Management that specializes in investing public funds and/or telling public entities where to invest those funds. The official title for the position is "Asset Management Analyst".
I was very surprised to see the pay: 43K + 2K sign on bonus. Is this inline with industry averages? Do you think I'm in a position to negotiate for more?
As for my background - Econ and math at nontarget undergrad, target MSF, 3.5 gpa, good internships.
My goal has always been S&T but this was a abysmal recruiting season and I didn't get any offers and neither did many of my friends.
I also have another offer, a sales role at a large consulting/best practices firm in DC. Pay is 40k + 10k sign on + commission on sourcing new business. The culture is pretty cool, lot's of young people and the location is great.
How should I proceed from here? There is going to be another round of recruiting next semester so I still have my hopes up but I'm worried if I turn down either of these offers I'll be shit out of luck , graduating with 100k in debt and no job offers. But I just think that the pay is bullshit, especially considering the position (asset management analyst) and that I just laid down 60k for a fucking masters.
Thanks for any advice guys. This economy is fucking brutal.
Which job do you think you would you enjoy more? Take that one.
I wouldn't hold out and hope that you can get something better down the road. If you don't get anything then you'd be really screwed.
How comfortable are you with sales? You essentially get to write your own check in that type of role.
I would classify myself as an introvert who can be extroverted when he has to be. Although the thought of having to communicate all day with people is quite terrifying.
Yes for an analyst in AM, thats a really bad salary. Is the AM firm also located in D.C?
No, it's in a bumfuck city in Pennsylvania.
Depending on which role you prefer, I would attempt to negotiate by saying you have a counteroffer. Say that you are on the fence and would need a higher salary to lean towards the firm. Be prepared to have the offer taken away and then stuck to one offer, though.
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