Currently seriously considering turning down a £100k+ FT offer a year for an offer that pays less than twice that for preftige reasons.
Those are entry level positions and I know I should not care about the money at this stage but something feels off.
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My Corporate Finance professor once suggested to just pick the job that pays the most, as most of us know the concept of the time value of money.
I think I would agree with him in this case, especially since the difference you are telling is enormous. Perhaps you could enter in a later stage in the more prestigious place. Given the pay of the first one, I am assuming it is also quite prestigious.
Good luck!
Almost 2 years later, I can genuinely say this was one of the most retarded decisions I took. And I say this as a special boy.
Just take the higher paying job if the discrepancy is this big.
If you're going to do the same type of work, you might as well take the higher paying job. You'll be learning the same in both the roles so it's better you get paid more. It's the learning and exposure which matters more than prestige in early career.
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