Making 110 base and probably ~60 bonus as a new analyst 2. Have an offer to become an associate at another bank despite only 1 year of experience. Base would be 150k and ~100k bonus.
Is this a no-brainer? I like my coworkers currently, hours will be similar at both places. The appeal is accelerating my career a bit and obviously higher pay, but am having a hard time leaving.
| +433 | Is UBS really that bad? | 77 | 4h |
| +265 | Investment Banking is Divine | 40 | 2d |
| +219 | Another $115bn Mega deal for these banks. Congrats! | 46 | 10h |
| +216 | US 2027 SA IB worried about background check | 53 | 2d |
| +64 | Useless associates | 14 | 37m |
| +51 | Differences in Restructuring Teams? | 24 | 6h |
| +44 | FIG Pigeonholes you - is it true? | 14 | 50m |
| +40 | Is Houston SA 28 recruiting already over? | 34 | 1d |
| +38 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 8 | 2h |
| +36 | How do you manage nerves in IB technical interviews? | 8 | 13h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
if they are giving you associate it must be a large downgrade in brand name tbh. no reputable firms on the same level would do this unless you're some sort of god.
It is actually a more reputable firm. It is a niche industry with lean teams. They are higher in league tables than my current team.
Hmmmm, interesting. I mean, I quite honestly don't know why you wouldn't take this offer. Associate after 1 year analyst stint is very good.
Take it and don't look back. Congrats
Do u have what it takes to be a good associate? Not trolling but obviously the expectations at the associate level are way higher than as a first year analyst
Not going to point out the differences between the two roles but there are key skills that need to be developed and perfected before jumping to Associate.
Tell that to many clueless MBA associates…
Obviously I’m taking about a A2A associate not an MBA associate… expectations are quite different
Not sure how that would turn out for on-cycle PE recruitment, off-cycle can still give you decent results
If you want to stay in IB - take it, no brainer
If you wan to go to PE - do not take it, the ASO title will kill PE opportunities (so much so that people voluntarily do a third year at analyst to recruit)
Could you explain why ?
Optio veniam rem minus magni. Ut libero non quia delectus velit quam consequatur. Asperiores autem repudiandae excepturi perspiciatis ut ea.
Quaerat tenetur dolorem architecto aut. Tempore id consequatur exercitationem omnis assumenda cum temporibus. Minima doloribus possimus qui illo. Beatae placeat dolorum minus voluptate nobis eum unde.
Blanditiis facere et sed quo rerum saepe. Rem et ipsum quam est voluptatum saepe. Quis ipsa eos soluta laborum qui harum nostrum. Voluptatem culpa non magni quas ipsum aut neque.
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...