Confused about my career prospects - am I in a dead end scenario?
First off, I have always appreciated the different contributors on this site and have done my part wherever I could. Today I hope somebody can opine in here and help a fellow monkey out.
Quick background - non target bachelors, non target Masters from a Euro school (target locally but not so for London).
Currently a 1A analyst at a no-name boutique in Europe which is relatively known in the industry we operate in but no-name amongst typical uni folks. Pay is below street (& EB) and so will be the envisioned bonus. Just started my role 4 months back. Had got my foot nearly in a BB (which excels in the said industry) but was told I couldn’t be hired FT because of an internal freeze in Q1 this year.
Boutique I work at (in advisory) apparently excels at financing work (although on UMM/MM sort of deals) but sucks at advisory. Seniors are unmotivated and turnover has been fairly high on this side historically. Lateraling for me in this market seems unlikely also given the fact I’m not fluent in the local language (though getting there). My considerations are as under -
- Work here for a few more months and then apply for an to get access to UK recruitment
- Suck it up and learn the local language and try lateralling (least preferred option since hours can be bad most of the times and my motivation to learn a new language since I started full time is zero)
I would’ve liked to recruit for shops in the Middle East (don’t really give many fucks about London and EU at this stage tbh) but it seems the recruiter pipeline there is focused on hiring ex-UK BB/EB guys.
Despite several big bank internships in the past, I find myself in this sorry state. I’d not prefer to move to my home country at this point since IB/Corp Fin prospects are zero until you’re a mid career professional.
Many thanks in advance!