Need advice on job switching in early career (tier2 6 months then tier1 long term)

Throwaway for obvious reasons

TL;DR: Is it acceptable for me (new grad) to work for 6 months at a tier 2 firm before my tier 1 offer starts in June 2023? Note: I am based in Europe

Long version:

I was lucky enough to get an offer for QR (new grad) from a tier 1 company starting in June 2023. However, I also have a much worse offer (quant analyst, half the comp, much worse company) starting in December 2022.

I was wondering whether it would be a bad idea to start working at the second company, stay there for 6 months only, and then join the first company in June 2023 (there isn't any relevant non-compete at the second company).

This would be because I would avoid staying unemployed for 6 months, have a chance to learn and develop my skills, and because I already have to pay for rent in the city where company 2 is located for 10 more months. The main reason against it is that quant is a small world and so even if I were not to put the thing on my CV, it could still emerge and damage my reputation.

Alternatively, I could try to find spring coding internships (I know my leetcodes), although I am not sure how easy would that be with the hiring freeze and everything. Note: I am EU based.

Thoughts?

Thanks

1 Comments
 

Officia ut provident voluptas excepturi iste quia ipsum. Maxime voluptates aut harum fugiat officiis libero id. Accusamus autem omnis sunt ut.

Voluptatibus eos enim veniam tempore eveniet. Quia accusamus fuga neque quidem. Dignissimos qui vel eos reiciendis a et tempore. Occaecati adipisci nihil aspernatur tempore. Velit incidunt odio et placeat sit error nesciunt harum. Voluptas eligendi quaerat asperiores provident.

Sed quos pariatur facere. Dicta unde minus expedita amet alias quisquam dolorem. Dolores id quae iure tempore numquam. Saepe modi earum dolor laborum. Quis ullam possimus quibusdam consequatur ipsum ut.

Dolorem aut recusandae voluptas quis deserunt. Hic eos ut minus asperiores nihil quae dolores. Beatae perferendis dolorum ea. Praesentium ex ut repudiandae rem ut vitae.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Millennium Partners 95.0%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
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...”