Am I trapped in a financial dead end with no escape?
Hey Guys,
I started my career in IB after university at an EU BB and got laid off approximately 18 months after. It took me about 18 months to find a job, during those 18 months I returned to my core degree, think Engineering/Medicine to get my full licence to practice – I am definitely sure I do not want a career there.
Currently working as corp dev analyst at a FTSE20 adjacent to my previous IB coverage. The job and the team are cool, hours are better, but I do not like the pay progression and planning a return to IB.
1- Was wondering whether this would be possible?
2-How long should I wait before trying to exit?
3-What kind of firms would be the most receptive to my profile?
4- Level to target in terms of analyst, senior analyst etc…
5- Would PE remain an option if I get back
I wouldn’t say you don’t have an escape. If you got into IB, then I’m sure you can rejoin. You would mostly have to go to a Boutique firm, though.
It would also be best if you contacted any connections you made during those 18 months and gathered some information for any firms they’re considering.
Wishing you well on your ventures.
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