Switching locations after return offer?

I summered and signed a return offer at a west coast office. Although I liked the group a lot and got great experience, I'm originally from the east coast and have been regretting not asking about the ability to switch to NYC for full-time.


Is it worth being far away from family and friends to be in a good group with good culture? If anyone has advice or has been in this situation before, I'd appreciate some input. 

 

The great thing about your first job is that is you don't have to stay that long if you don't want to. I'm originally from New England but moving away from home for college and now working in living in a city away from home learning how to manage my own life has been a great experience and allowed me to become an independent person much much faster. If you have a great opportunity on the West coast I wouldn't let that go yet. Stick around for a little while, gain some amazing experience with people who you seem to like, and if you still feel like you need to move back to the East coast then you can, and hopefully you'll be able to save up some money to help you get a relatively nice place in New York. 

 

Just had a summer internship with a west coast firm and waited until after I got the return offer to bring up NYC- the leverage of not signing the offer was key. Anecdotally, I know a previous analyst who had a really good reason to move offices, like a sick family member, and HR had no choice but to move him. It can't hurt to ask, but I'd make sure to have a good reason ready for when they question you about why you didn't bring this up before signing the offer.

 

Does this depend on both headcount and whether or not a group in NYC wants you to hire? For full time it's very group dependent on who they sign on, even if you have an offer for a different group there's no reason a group in NYC would have any obligation to take you, unless they were run by the same group head/P&L line like west coast and east coast TMT being run by the same global head. I would assume if not then there would be some kind of interview process for that NYC group.

 

Qui totam quia qui consequuntur fugiat facilis. Non iste ut ex sit ab eos. Autem corporis ea et dolorum est aut. Ea odit a inventore aut error est nulla.

Ab expedita sunt velit. Nam sit officia quod sunt. Dolores iste a neque et ipsa. Id voluptatum dolore neque laborum ad omnis. Accusamus qui harum ab dolore molestiae atque aut.

Sit perferendis aut nam eum. Quas doloremque cupiditate modi veniam quos consequatur. Consequuntur aut adipisci suscipit nisi. Dolor tempore recusandae et necessitatibus vel.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”