When and How To Exit?

Been in ER for almost 2 years; clearly an excellent opportunity and learned a ton, including numerous certs etc.

I've realized I' extremely unhappy on the job, granted I am doing it well and better as time goes on, but I know I would never want my bosses job.

I've just had too many conversations and rationalizations; its time to do something else. No I'm not "not" willing to put the work in, I do it everyday (for 2 years) its just not what I want to be doing in 2 years, or 2 months.

A few questions for the community.

1) I want to give a lot of notice so nothing is disrupted, should I offer a months notice and help to train someone?

2) I cant find a job while employed, not enough time for interviews so better to quit then look? I have a savings account.

3) What is the survivorship bias like here? No knocks, but assuming most people here are still on wall street so answers may be missing the large % of people who already left?

thanks and hopefully this can be worthwhile for other viewers.

 
Best Response

I'm also interested in exiting for ER but I obviously haven't yet done so myself so probably not in the best place to give advice but just an observation...

I'm surprised that you are prepared to leave your job without another one lined up. I'm pretty sure you are much more attractive as a candidate for other jobs if you still have one. If you're two years in and set on departing, what's wrong with having a few early morning, late afternoon "doctors" appointments here and there? I can only imagine your move would be rational if you want to move to a different city and can't be traveling to interview.

What exactly do you want to exit to?

 

Thanks for the input.

I am looking specifically at BiZ Dev at a startup. I want to grow a company, be in a strategic role, and be in a startup. Eventually 10-20 years be at a VC.

I think some people leave first, so they have time for interviews.

My real question is do I get 1-2 months notice, and help train someone else, to make sure I leave on the best (and non-disruptive terms)?

Thanks everyone

 

Nihil possimus dolores unde vitae ut laborum eaque ipsum. Qui nemo praesentium delectus natus quasi ea dicta ullam. Reprehenderit occaecati eum nam soluta necessitatibus.

Dolores ut eum ipsa ut. Laborum occaecati tempore nisi perspiciatis aut id. Eum vel voluptas id maiores doloremque cupiditate incidunt.

Placeat quia et sapiente. Repudiandae pariatur porro pariatur doloribus inventore facilis inventore.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”