Is joining a lower tier IB offer even worth it considering I don't want to stay within the financial institution for the long term?
Hey guys,
I am currently in a non-finance related career. This whole pandemic I have been struggling to get into banking. But now I have a good feeling I will land an offer in one of the lower tier firms think BMO/RBC/Mizuho/MUFG. Ever since I had and did well on my interviews I've been sort of shifting my thoughts away from banking. My question is taking a lower tier firm worth it? I don't want to go into buy side nor stay in banking for the long term. I have stronger interest in moving into tech over time - corp-dev/corp Strat, FP&A, PM, Biz Ops. I am just wondering if this role within these companies will most certainly help me get there. If not, how hard is it to lateral to a more prominent bank? I just don't want to stay stuck in my career. Would love some advice.
wait for the offer to come in buddy lol
I am supposed to hear back today lol. So just wanted to put it there to gain perspective from those who were at shops of these levels.
Yes it’s worth it. Also it’s very easy to lateral. People from places like that have lateraled to top BBs and EBs this cycle
Got it. Thanks man! Yeah the job I have rn is pretty comfortable. It is one of the top firms in that industry. So if I stay here, I would have time to learn coding, study for gre/gmat, and go to school or an MS in CS. I would just love to work in the tech or even media space in the end. But yeah, if banking will help me get there without doing the things I mentioned above I will really consider it.
bump
Sure, it’s good experience and you can always go to a T10 MBA after a couple years and then go where you want.
Eius aut neque aliquid est natus aut placeat quae. Molestias id inventore aspernatur dolore. Est in sit ipsum placeat. Assumenda et et natus magnam quia qui quam.
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...