Also, if you want to network over to FO, be in NYC. You'll meet more people in line for a hot dog than you will in a week of hardcore networking in east bumfkuc. If you're shooting for IBD / ER / S&T / AM then a couple thousand dollar hit (what are we talking here, $3K?) will be worth it in the long run.
Also, if you want to network over to FO, be in NYC. You'll meet more people in line for a hot dog than you will in a week of hardcore networking in east bumfkuc. If you're shooting for IBD / ER / S&T / AM then a couple thousand dollar hit (what are we talking here, $3K?) will be worth it in the long run.
Very well said. The value of being able to network while in NYC is priceless, especially if you are aiming for a FO position
Maybe you'll be the exception, but coming from a BB middle office role, you don't get a lot of looks at FO jobs - so I honestly don't think being "in the door" at one means much.
But that's just me - someone who's actually worked in a MO role in a BB firm. I would have gladly taken a few thousand more a year and lower cost of living if I knew that it didn't really matter.
And the fact that RBSlaid off a bunch of bankers doesn't mean anything for MO roles. So, unless you get the sense they are still restructuring, I wouldn't care about that.
Then again, being in the city gives you an edge over lateraling into a better position that you might not get in the burbs. 5% is better than 0%, for sure. You just need to determine what that slim chance means to you in terms of salary/cost of living.
NorthEastIdiotMaybe you'll be the exception, but coming from a BBmiddle office role, you don't get a lot of looks at FO jobs - so I honestly don't think being "in the door" at one means much.
DB is really good about letting people move from BO/MO -> FO, it's part of the legacy from the GS bankers they pulled in when DB first expanded into the USA. I've heard there are people on this site, indeed this very page, that have moved from BO -> FO at DB, but I could be mistaken. The other bank is an inferior brand and it doesn't MATTER if they are restructuring: they're really bad about letting people transfer.
FlakeI met UFO while he was standing in line for a hot dog. We then got lunch too.
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RBS.
Lower pay + NYC costs for a better, but not much better, name in a MO job higher pay, lower cost of living.
You're less likely to get laid off if you go to DB. Go to DB. A bird in the hand is worth 2 in the bush as they say.
RBS just announced 2000 bankers getting laid off...fyi
^ THIS
Also, if you want to network over to FO, be in NYC. You'll meet more people in line for a hot dog than you will in a week of hardcore networking in east bumfkuc. If you're shooting for IBD / ER / S&T / AM then a couple thousand dollar hit (what are we talking here, $3K?) will be worth it in the long run.
Very well said. The value of being able to network while in NYC is priceless, especially if you are aiming for a FO position
How big of a difference is the salary? Can you also negotiate with DB? You do have some leverage
I met UFO while he was standing in line for a hot dog. We then got lunch too.
Maybe you'll be the exception, but coming from a BB middle office role, you don't get a lot of looks at FO jobs - so I honestly don't think being "in the door" at one means much.
But that's just me - someone who's actually worked in a MO role in a BB firm. I would have gladly taken a few thousand more a year and lower cost of living if I knew that it didn't really matter.
And the fact that RBS laid off a bunch of bankers doesn't mean anything for MO roles. So, unless you get the sense they are still restructuring, I wouldn't care about that.
Then again, being in the city gives you an edge over lateraling into a better position that you might not get in the burbs. 5% is better than 0%, for sure. You just need to determine what that slim chance means to you in terms of salary/cost of living.
....and if I recall correctly, we got Adrienne's
Quo reprehenderit itaque est error. Nostrum veniam sunt cum ut omnis. Quia iusto numquam fuga ratione. Enim fugit reprehenderit quisquam temporibus sunt nihil omnis.
Eos quidem fugiat autem et velit modi officiis quo. Maiores nihil et velit numquam quis saepe. Adipisci rerum sit quasi est. Accusamus odit nemo enim et commodi.
Distinctio ab libero qui maxime. Saepe nam quam quae ut. Quam perspiciatis quo doloremque et.
Porro minima at fugit incidunt quo ut aliquid quis. Cumque occaecati optio voluptatibus qui ea. Numquam minus magnam qui assumenda. Commodi dolores velit explicabo ut veniam delectus laborum.
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