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.
| +162 | How to stop feeling like shit for not making it in IB? | 60 | 2s | |
| +120 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 3h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 17m | |
| +39 | Ranking banks that went under | 24 | 12s | |
| +38 | Burnt Out M&A ASO | 20 | 16m | |
| +35 | Relevance of A-Levels for U.K. London recruiting | 24 | 4h | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 1d | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +27 | Intern Ettiquette | 4 | 1d | |
| +23 | What are hours like at BBs in London? | 47 | 1d |
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.
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.
Nostrum libero repellendus ea adipisci. Qui sunt sit voluptas doloribus ducimus. Et quasi earum culpa est.
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...