11 Comments
 

i don't think that's particularly relevant. they're not going to die in the next 5 years, which is all that he has to be concerned with.

from a quick perusal of glassdoor, the salaries reported are at $60-65k, which is a bit lower but still good (unless they've raised their salaries since then). the reviews say the hours are "long" but since it's corporate, that probably means about 50-55 a week. it seems to be a churn and burn operation (2 years or less), which is unsurprising.

the program does seem interesting, but i would look around and see if there are any other companies that offer similar programs that are rated a bit higher. i know a lot of fortune 500 companies have rotational programs, which you might be interested in.

 

i would steer clear of sears. i heard its a bad work/life culture and that their employees are treated like shit. a friend of mine works for them..just word of mouth

 

I actually interviewed with these guys, and have friends who work there.

It's not a bad place to work, decent comps, and places decently into B-schools. Culture is pretty chill, and unlike what peacerenity says, it is NOT a churn and burn operation. Many BAs are there for 4-5 years. It's a 2-year rotational program, but you're definitely not 'up or out' in your third year.

If you're looking at FT, I think they're done recruiting. They had their final superday a few weeks ago.

 
Best Response

I feel any experience is good experience. Previous posts regarding what to do if you didnt get into IB or were laid off was to strike somewhere close to banking (corp fin was one of them). It seems like that would be the group you would be underneath correct? At this point, most jobs don't have job 100% job security, regardless of the industry. I think the Sears gig would be great especially if you were exposed to strategical acquisitions, spinning off KMart's Lands End products, etc. It would definitely give you some one-off experience that you can put on your grad apps.

This is a similar scenario that I went through when I was laid off earlier this summer and so far it is paying off. Trust me, my company is much more prone to fail then Sears at this point. I would accept the offer and keep looking for IB jobs until the Sears start date incase you land somewhere and then reneg.

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