Considering Reneging PE Offer to Stay in Banking
Hey everyone - first time posting. Wanted to hear advice from the broader community. Currently a second year analyst at an EB. Recruited on-cycle in 2018 and got a MM PE offer for summer 2020. I was never dead set on PE but decided to recruit because everyone in my class did. However, this may sound crazy, but I enjoy banking and believe I can do well in the industry. Has anyone gone through a similar situation or know of people who reneged a PE offer to stay in banking? Would I have future opportunities to move to the buy side if my career in banking doesn't work out? Thanks in advance for your advice.
Do what is right for you.
I really do believe banking is a better fit for some people, especially those that are interested in the idea of being a sales person down the road but also being in finance
One of my favorite lines in WSO history is: "Every job becomes a sales job."
This is so true and applies even for PE, in which the Partners will have to sell themselves to certain investors to make money. Of course, there are a lot of other things Partners have to sell as well.
Yeah. As your role grows it always transitions into...
On the sale side...always stuck pitching something whether it's capital to take a deal down or trying to lock a massive customer in. Great skill to have.
If you enjoy IB, stay in IB. There's nothing wrong with doing what you enjoy. It would be a tragedy to blindly get the job of your roommate's dreams. Plus 90% of a job is the people you work with. If you like your current team, and are enjoying your job, keep on doing it!
Would check this post out - should be helpful. The grass isn't always greener!
https://www.wallstreetoasis.com/forums/there-and-back-again-a-bankers-t…
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