Commercial banking vs personal banking
Hi fellow WSO,
I currently work in a wealth management firm in a senior associate role. I have a pretty good reputation; friendly colleagues, trustworthy bosses, all that jazz, and in a couple of years I might be able to pull good references for BS, however the job itself is becoming dull and uninteresting. It seems that I have no passion for what I do and it is starting to show in the quality of my work..
I was recently offered a gig as a Commercial credit analyst in a top 7 bank (In Canada) and I am not sure if I should take it. I will be going a lot of "financial statement analytic work" but it is only a temporary position and the salary is slightly below what I make at the moment.
Ultimately, my long term goal is to go back to school and come out as a newly minted MBA student, unless I find work in capital markets doing either IB/ER/PE/HF in the near future.
Question: Should I go for the credit analyst gig, having to start all over again and proving myself, at the expense of not even liking the job nor the people I work with? Or just ride out what I have right now and hope to score a high GMAT + references for MBA school
Stay where you are, why move jobs for less pay and increased uncertainty when where you are right now is tolerable.
Doesn't really sound like an improvement to me.
On an unrelated note can we stop using "Top X" terms that nobody uses. Top 7? What is that? Laurentian?
Thanks for your inputs guys,
Sorry @karlsson65, close let say its green and not orange
Thanks for your inputs guys,
Sorry @karlsson65, close let say its green and not orange
CB has a lot of to do with underwriting and you will know the ins and outs of the 3 financial statements. If you work in particular group lets say real estate you can transfer to IB real estate within the same bank- its possible but will require work. However if you're on a solid path I would stay on that and get your MBA and re-brand.
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