Offer from MM IB Group
For some background, I'm currently working in restructuring consulting and i am expecting an offer from an MM IB Group. My current compensation structure is $140k base and approximately $30k bonus. I'm lining up for promotion so expecting atleast another $in salary.
An external recruiter I've been working with on this investment banking associate process has communicated to me that I will be receiving an offer. When we talked comp she mentioned average for IB Associate is $125k (seemed low). When I consider the offer I'm hoping at-least $150k which I read is street for A1. Given I know my average hours will probably go from 50-70 to 80-90 would you make the switch?
Other considerations are:
- Will need to take FINRA licensing exams
- IB stole covering an industry I've always had an interest in
- Trying to build up more of a savings for the future
- Exit opportunities
- Work life balance
6 Career growth
Any guidance would be helpful.