Will I screw up my career by going to the UK?
I've made several posts in the past about this question b/c it has been consuming me the whole summer but I promise this is the last one. I have to decide what I will do with the next 5-8 years of my life.
I'm a US citizen and I was admitted into a target in the UK. I really want to go, but I'm worried that I'll miss out on so many career opportunities that I would have if I stayed in the US and did ibanking here.
I really want to go to the UK. I think I'd like the lifestyle, experience, and travel. I already speak Spanish pretty well (I heard that a second language is a must over there). It fits the kind of person I am.
At the same time though, I want money, and long term I want to be here in the US. IB is my goal right now and I heard that it's harder to get into in the UK and pays less. I think I would be fine missing out on a couple thousand by going to the UK and working there for a couple years, but if it completely screws up my career opportunities that I would have here in the US five to eight years from now, then I don't know if I want to take the risk. I heard that lateraling from the UK to the US is not common in banking, so I might have to come back through an MBA program and make my banking opportunities there.
If I can come back to the US with OK opportunities after working in banking (or whatever I get into) in the UK 2-5 years then I will do it.
If anyone has any guidance on UK banking or coming back to the US or something please help me.
As Pan European Monkey (I think?) said in the other thread, lateraling would be impossible given the impossibility to network effectively with US professionals while you're working in the UK.
Getting into US PE might be hard, but if you do IB UK ---> MBA US you could easily get an associate position.
Would be very easy for him to move internally back to the US given he’s a citizen.
I assume OP does not plan to spend his entire career in the same bank. "Lateraling" does not mean "getting sent to a different office by the same bank".
Right, I’m aware, thank you. He will obviously not make it to MF PE in NYC coming straight out of London IB, this has been covered ad nauseam here. But it should be very easy to ask for an internal transfer to NYC after a year or two, and then once he’s in NYC he can look for a permanent move elsewhere.
Did you get into any top schools in the US or is the UK target your best option?
Quas maiores velit totam tenetur. Ratione odit nulla odio ut magnam. Nisi atque qui tempora quaerat esse adipisci pariatur. Consequatur vel et est et sint accusantium. Quibusdam voluptatibus esse et est ut accusantium qui molestias.
Accusamus dicta explicabo ut aut. Reiciendis laborum et eligendi ipsam ex et deleniti. Asperiores consequuntur dolor consequatur quos. Iusto blanditiis aut quis. Consequatur nam reprehenderit quis enim doloremque cumque repudiandae. Repellat praesentium optio qui necessitatibus.
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...
Aut nisi iste eaque exercitationem eligendi. Sed ea dolorem consequatur ipsa accusantium quia sunt.
Possimus nihil deserunt corporis. Aperiam perspiciatis eos mollitia omnis mollitia et at. Exercitationem est consectetur sequi voluptatem sit.