Over the summer, I heard a senior person suggest that finance jobs were paying relatively better in emerging markets like Brazil than in established economies like the US. Has anyone considered moving to a foreign country to work in the financial industry there? What do you think are the pros and cons, and what are the pay ranges like?
| +120 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 21m |
| +96 | Americas M&A League Table Q2 Updated | 47 | 1h |
| +72 | Wealthy Parents / Jaded | 24 | 19h |
| +56 | How are hours rn for SA (interns) | 31 | 7h |
| +49 | Venezuela Debt Restructuring - LAZ vs CVP | 22 | 1d |
| +47 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 11 | 14h |
| +38 | Boutique firm wants access to my LinkedIn? | 34 | 12h |
| +31 | Investment Banking in Mexico | 9 | 16h |
| +26 | MM bottom bucket bonus | 9 | 4d |
| +25 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 14 | 19h |
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.
I read that BB firms were doling out premium pay to more senior bankers who were willing to set up practices in Russia (source: The Economist ~Late 2006). Colleagues reported similar things about LatAm (in agreement with your comments about Brazil). A US-educated, BB IB analyst friend of mine was in the process of transferring to our India office and allegedly the cost-of-living-adjusted pay was pretty comparable to the New York pay, so I don't think that the emerging markets switch is going to benefit junior bankers strictly from a compensation perspective.
Qui exercitationem ea laudantium nulla numquam. Consequatur enim totam nemo ut vel. Qui ullam numquam ut harum qui et. Quasi asperiores nam ut dolores minima vel.
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...