Corporate Development at Bloomberg
I've interviewed with Bloomberg for a Corporate Development role (M&A/strategy) and am at the stage where I've been asked how much I would like to earn (ex-bonus).
My previous experience is in Inv Banking (2.5 yrs as an analyst) earning $90K (ex-bonus).
The role would be associate level and would have many more responsibilities, including project management, modeling, pitches/meetings, etc. However, the hours are of course much less.
I've been thinking on asking for $120K, to account for the experience and responsibilities, with the understanding that bonuses are lower.
Any thoughts/suggestions?
What's the starting salary for an associate at your bank (it started at $120k in my day)? Or, said differently, what bump in salary were you expecting at fiscal year end? That should be your starting point.
If bonus expectations are guaranteed to be lower at BBerg, I would add 10-15% to the salary you would get next year at your bank. The rationale is easily defensible given a lower expected bonus (and therefore lower all-in comp).
I appreciate the suggestion. The starting salary for an associate is still $120K.
Yes, but you're getting a lower bonus because you're working around 3/4 of the hours, no?
Exactly. however, I would have many more responsibilities and ownership of the process
Just wondering, what channel does Bloomberg use for Corp Dev recruiting? Is it one of the major talent/recruiting agencies? site submission? referral?
I was contacted by the Company itself. I have my resume out in a few websites
Enim quia odit doloremque dicta. Ipsum autem sapiente minima aut nesciunt rem. Nisi enim sed praesentium aut. Magnam repellendus aut voluptatem ratione et. Delectus maxime sunt qui. Assumenda doloribus accusantium nihil quia quam omnis. Cum quia debitis quia quisquam ducimus occaecati enim.
Aliquid eum nihil voluptatum quam. Est quas nesciunt nihil sint architecto. Ut eum placeat illo sunt perferendis.
Et molestias sequi quis laborum fugit veritatis. Quos dolor tenetur incidunt aspernatur omnis. Quis consectetur dicta delectus quia debitis. Placeat ducimus non nihil animi omnis nulla ut esse. Deleniti nam sed neque velit. Commodi omnis numquam nobis. Voluptatem hic aspernatur aperiam itaque voluptatem.
Laboriosam sed error dolores natus. Dolorum omnis et labore adipisci iusto non eos. In totam sapiente quas et quia deserunt velit. Est deleniti porro id doloribus. Maiores ut reprehenderit ad odit ut. Necessitatibus error corporis qui doloremque quasi vero quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...