Working in a 'Weak Currency' Country

I have received an offer from a top Financial Services and Asset Management company, but would have to work in a country where the Currency is very weak (1/3 over USD). What would you do? What is your opinion? Would it be smart to accept the offer, work in that office for at least 1 year, see how it goes, and then perhaps propose to be relocated to a bigger office, stronger currency?


PS: I am a master graduate (graduated in Dec 2020) with some work experience in management and investments (part-time and startup) but no previous internships.


Cheers!

 

The working experience would be the valuable point for sure, the company is huge in America, UK, and worldwide.. but the salary in this office would be very low in conversion to USD (but it is honest in terms of local currency and cost of living there).

So big trade-off: accept the job and sacrifice my salary for work experience (and hopefully being relocated in the shortest time frame possible and aim to a bigger salary in the near future) or look for something else and waste more time on applications etc..

 

Quos voluptatum culpa cum id aut consequatur et. Facere architecto ipsam reiciendis rem. Praesentium quo delectus doloremque corporis dolorem dolor. Sint inventore necessitatibus corrupti ut sapiente omnis dolorum qui.

National Suicide Prevention Lifeline  1-800-273-8255

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 (20) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
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...”