Got Laid Off: Enjoyed Banking, now getting the option to come back or go to Buyside? Opinions?Lateral Market is what you make it.
Details:Banking would be an obv prestige cut. Not BB or EB. Got cut from a BB.
Banking pays twice as much initially, but probably 30% more hours.
Buyside is Infra, really good name, but not best pay.
I need some long term views. I think I would survive longer in a Buyside opp, but can imagine myself long term at either.
I am both technical, charismatic, but also get bored really quick. I also know very little how about Buyside Ops work long term.
My brother in christ, take the buyside offer is the sector/strategy is interesting. You’ve already done banking, the additional pay is not worth given its uncertainty in these turbulent times
Brother, the sins of banking are compensated with double alms.
What was your coverage group at the previous shop?
Industrials
My brother in god’s light. Take the *buyside offer at a good brand firm* over the high paying MM IB. You already did BB banking there’s no use in down-tiering to an MM or worse. It’d be one thing if you only had 6 months and needed more experience for a good exit, but clearly you lined up a great offer.
You’d sacrifice brand, lifestyle, quality of work, career progress, mental health, long term upside, all for the extra comp in MM IB? What’s your addiction, crack or onlyfans?
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