FT offer vs. Off-cycle - Advice?

Hi guys,

I have two offers on the table and need some advice: 

(1) A FT offer working on primary fundraising within an IB (think EVR / CS / UBS)

(2) A 6-month off-cycle at a MM IB (think HL / WB / PSC / HW)

Offer (1) has great job security, which I am concerned about, given the economy. Great salary and I really like the team. Offer (2) is within a team that work on large tickets (EV > 800m) and compete with BB on mandates. Salary is slightly less (due to pro-rata) and there's no guarentee I'll convert, but I'll gain modelling experience.

Really unsure of how to approach the situation, so I would appreciate any insight on how to approach this!

Thanks :)

Comments (14)

2mo 
emeerrrloonfniri9994444, what's your opinion? Comment below:

Would it be possible to take both? Could work if FT starts in September and OC in March 

  • 1
  • Incoming Analyst in IB-M&A
2mo 

Unfortunately, both are the same start dates. There's a possibility I could turn the OC into a SA role and do both, however.

Most Helpful
2mo 
PierreVon, what's your opinion? Comment below:

you mad if you dont go with (1)

PierreVon
  • 6
  • Intern in PE - LBOs
2mo 

What if it's UBS though and from what I'm hearing CS might go MM way too?

1mo 
PierreVon, what's your opinion? Comment below:

still a very prestigious bank to work, with the best talent and resources

PierreVon
  • Prospect in CorpFin
2mo 

fuck around and get both offers pulled lol

  • 1
  • Analyst 1 in IB-M&A
2mo 

This just really depends on if you want to be in fundraising or IB. They're completely different with different exit opportunities.

2mo 
PierreVon, what's your opinion? Comment below:

If you go with (1), even if you dont like it you can go to an m&a group anyime, but if you go with (2) and they dont retain you then you will lose some time by being between jobs. 

PierreVon
  • 1
2mo 
joeschmoe99, what's your opinion? Comment below:

OP, can you PM me? I am new to this site and have a question for you. thanks

2mo 
matoosebank, what's your opinion? Comment below:

Fundraising has no modelling and it's extremely hard to lateral to IB. pay scale doesn't increase much in fundraising. i personally would take (2) cause economy would be fine in a year and there's modelling to hop to an EB. plus 2 has better long term pay and exit ops

  • 3
2mo 
toooldforthisshit, what's your opinion? Comment below:

Echo.. do not take 1, it's not IB and I would not assume it will be possible to move into IB if that's your dream. To give you an idea fundraising / private capital advisory at banks' exit options are investor relations type roles. I would take (2) and bet on yourself king.

  • 2
2mo 
basedismyname, what's your opinion? Comment below:

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