Path to IB for 24 year guy in developing country
Hi!
I am 24 year old guy in Azerbaijan( small oil rich country with average economy). I work at 2nd biggest local corporation in Finance department as Senior Associate doing pretty shitty reporting and budgeting job. My job experience is 1 year Deloitte audit + 2.5 years corporate reporting.
Recently I got an offer from KPMG corporate finance Executive 1. SO I want to take an advice from you guys. My ultimate goal is IB in foreign countries as there is no IB in my country.
So my question is: 1) How much big4 corporate finance experience is useful for IB f.e in Russia? What downgrade should I expect? 2) Is working 2 more years in my current job, then taking top 20 MBA somewhere in Europe and then landing in directly in IB better path?
Guys, any reactions?)
KPMG corp fin would be useful exp. But if you want to do IB you'll have to aim for top 3 MBA in europe & finish at the very near top of your class. Given your background, its not going to be easy.
Problem is that KPMG pays only 37% of my current salary :D
So basically I decided that I need whether:
1) Live comfortable life, earn decent salary and prepare for MBA and then switch to IB 2) Accept low salary, forget about MBA, practice 2 years in CorpFin KPMG and then move to IB
But as far as I understood you think that my options are not enough for IB? According to you I should Accept low salary, practice 2 years in CorpFin, then do MBA and then land in IB. Isn't it to much risk-averse option? Or my options are enough?)
Where are you now - update?
I worked for 2 more years in reporting capacity, then got that its leading to nowhere, joined to KPMG Valuation team (done almost no audit review and mostly business valuation which I guess helped me a lot), worked my way up to manager during next 5 years and finally recently joined as head of M&A team in one of local large corporations.
Sorry for the late response, hope that helps =)
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