Leaving job after a few months if significantly better offer comes along?
How common / risky is it to leave a role after only a few months if a significantly better one comes along?
For example, if you're an analyst somewhere (you accepted the role because you needed the income), but after a few months, one of the places you originally interviewed for gives you a role as a portfolio manager where you have significantly greater upside and this was the actual role you wanted.
Would it make sense to jump to the better gig and probably burn bridges with the analyst gig?
Sometimes we don't have control over the timing, and life circumstances force us to take an offer for the income.
Bump. Keen to understand this from a London perspective for both IB and HF.
.
.
Would jump.
In this world, if you're good as a PM in the new role, the firm you left would still be willing to hire you if they think you can make them money. It's a no-brainer.
Make the jump. I have seen it happen and work out quite well for someone. If you end up being a profitable PM, no one cares.
On a general level, most of the people in the professional services industries (IB, consulting etc) are not going to look out for you. People jump ship all the time despite being "committed" to the firm at both the junior and senior levels. People get fired and laid off more than you think. If you know that the opportunity that came along is indeed better in one or more ways and it outweighs the overall value that your current job is providing you, then say screw it and take that new one. Can't make the decision for you though. Few will blame you for choosing the best option for yourself and the ones that do probably suck LOL
Bump
Think about this from the other side, do you think if there was a sudden market downturn / poor performance / high level of redemptions requiring the fund to reduce headcount that they would hesitate to let you go? Do what’s best for you, which seems to be leaving for the PM role
If you're experienced it doesn't matter as much, but if you're just starting out in your career you don't want to get a reputation as a flighty job hopper (millennial, haha) who is always chasing the greener grass. If you do decide to make this move, try and stay put for a few years. If you hop jobs early in your career, the view is that you were jumping before you got pushed and that there is something wrong with you, not the firms/jobs you left.
bump
Following
Sint est et quod eaque illum consequuntur assumenda. Quo porro repellat eos sunt explicabo doloribus. Autem maxime neque qui qui veritatis soluta.
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...