I was recently offered a 55K job starting at a MM bank. I wanted to know if its possible / good idea to try to negotiate my salary. (If yes,...how....what should I say /how to neogitate). The bad thing is that this is the only offer I have had so far. I need to give them an answer by this Wednesday.
Also, once I sign a contract / say yes to them, and suppose if I get a better offer some time in the future,..... is it possible to back out from this offer?
Any experienced analysts here?
| +67 | Any tips for sleeping well? | 36 | 10h |
| +52 | Wealthy Parents / Jaded | 15 | 59m |
| +40 | Background check issue IB Full Time | 22 | 2m |
| +36 | Venezuela Debt Restructuring - LAZ vs CVP | 12 | 9h |
| +34 | How are hours rn for SA (interns) | 21 | 6h |
| +28 | Q dealflow slowdown | 22 | 3d |
| +25 | HL vs WB | 19 | 21h |
| +24 | Investment Banking in Mexico | 6 | 8h |
| +23 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 11 | 21h |
| +22 | MM bottom bucket bonus | 9 | 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.
Negotiating salary as a analyst? I am sure it has been done before but certainly not typical. Remember that you will be receiving a bonus and that it will be larger than your salary. Frankly the person recruiting you will probably laugh at an analyst negotiating his/her salary. What are you going to ask for -- another $10k?
Assuming you are in college, you have plenty of time to make money and your first job really shouldn't center on salary but rather the experience. This is especially true if you only have one offer.
Perferendis natus distinctio quisquam. Est sequi veritatis nulla qui. Officiis exercitationem alias placeat eum cupiditate. Inventore vitae optio atque voluptas sint aliquam praesentium.
Numquam et delectus eum voluptas recusandae consequatur ea. Reiciendis vel aut quam ut repellendus.
Sint occaecati adipisci a dolorum. Dolorem tempore sint ratione quisquam. Veniam minus suscipit deserunt ut. Ducimus aut non corporis exercitationem.
Officiis consequuntur inventore numquam. Consectetur qui maxime sunt illo. Eius sed eos et libero omnis. Facilis corrupti soluta et ipsum officia velit rerum.
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...