Is banking worth it without the salary?
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In general, no job is worth it without the salary.
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Exactly
Kinda a tricky one. You could be in IB, get good exposure or stay in the UK and hope to find something similar. What matters here is where you see yourself five or ten years down the road. If you want to be in Mexico, I would say do IB there. If you want to stay in the UK, why not find something similar and continue to work towards moving into IB later down the road?
Also, keep this in mind. It will be very hard to live with your parents unless they live next to your office. A commute on top of an 80/hr per week role is very challenging. So in that regard, I would not assume you would be living rent free. Counter to that, hopefully the cost of living is cheaper in Mexico than the UK.
If you’re bilingual and in UK with a business degree, why not look into working an FX desk?
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This is really helpful context. If it’s already your goal to return to Mexico and you have a shot of making it to an IB shop, you’ve got everything right in front of you.
You mentioned a premium being placed on overseas work, but you at least have an overseas education which should help in that regard (hopefully). Likewise, if your family is close and well off, that’s the perfect stepping stone to building a name in the city you return to.
I recognize you want to spend more time in Europe, but a bird in hand is better than two in the bush. Assuming you’re of a normal college graduate age, now is the time to do IB, not when you’re 30 and finally found another open door. It’s a young man’s game.
Choice is up to you, that’s just my thought. Best of luck with whatever route you choose!
If you want to be in Mexico eventually, take the job in Mexico. You build relationships locally and get stuck in to the market dynamics. Generally in secondary markets, there is a lot of prestige and access that comes with being a banker.
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No
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