MO career advice
Long story short. I went to a non target school and graduated with average GPA (3.3), major Finance. I moved up to NYC about 10 years ago. First three I worked long term temp jobs and the last seven at a top hedge fund in MO.
My days have become very stale and repetitive. The bright side is I have a lot of freedom and am compensated very well. Without going into much detail all in package is around 300k. I do things outside of work to try and keep my mind sharp, but the learning curve on the job just isn't there anymore. Moving to FO isn't an option. Those BO to FO jumps are dead at my firm. I have 25+ years left to work. Its hard to jump ship with the perks and compensation (Is this pay considered good). Any career advice?
how many hours do you work? I work in FO at a BB (not IBD) and most people with 7 years make around what you make or less. are you guys hiring?
40-45
$300k in NYC doing those hours is not bad at all. That actually sounds great to me, haha.
I can understand the repetitive nature of MO work. The question is: What do you want to do? Would you mind sacrificing money/time to get your MBA?
Ideally investment management/FO role. Making investment decisions.
I would consider a MBA. I am over 30, so clock is ticking.
OP,
What do you mean when you say MO exactly? What divisions would you consider to be MO?
I work with the clearing brokers and our traders to reconcile trade breaks. Financial modeling and creating tool/templates to streamline daily processes.
Risk management at hedge funds pays that, although I heard the hours to be more. Close source in NYC varified this.
Yeah, life sucks, welcome to adulthood. You have shit grades from a shit school, you make almost half a stick in NYC, but it's too boring for you? I feel bad for you like I feel bad for a guy whose dick is so big the tip gets dirty when he walks.
That's the trade we all made buddy, you're one of the lucky ones. Take it, leave it, or negotiate it.
Every time you post something serious, I hear the voice of the the guy in your avatar saying it.
His name is Amitabh Bachnan. Think of him as like the George Clooney or Harrison Ford of Bollywood. Pic is from the '70s though.
I'd say that your in a great position. If I were you I would stay put and maybe start a side business doing something your interested in. Or you can give me your job and ill let you have mine ( no trade backs)
Any update to this?
Are you crying while popping bottles?
no comment
I take that as a yes to crying while popping bottles.
I was thinking that sounded pretty good for a middle-office job with reasonable hours/no managerial stress.
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