Jumping markets
I have been in NY for a year now trying to transition to IB. It's been very difficult to say the least, and I was offered a job at a boutique in Florida. I grew up in NY, and don't want to live anywhere else - if I were to work in Florida for a short time, how difficult would it be to come back to ny?
My biggest problem here is that I never got the chance to build relevant experience. My logic is I can go to Florida and work for a short amount of time, and use that to break in here. Is that feasible?
I don't want to shoot myself in the foot by going down there - I need to know how good my chances would be to move back to NY, because it is very important to me.
Any advice would be appreciated, thanks.
It will not necessarily be discounted because it is in FL. why have you not been able to get good IB-related work experience locally (NYC)? if all else fails, do what the other guys do who can't break in do and go to B-school...
I wish I knew why I can't find IB work in NYC. The BBs have been impossible to crack - I graduated from a non-target and have limited relevant work experience. I continually look for opportunities at boutiques, but it just hasn't panned out. Most shops were looking for some degree of experience.
B-school is definitely an option, but I need to get a good job and start building upon that application.
So what are your thoughts on moving from Florida to NY. How would my experience be viewed? What are the factors in trying to pull this off? I think re-locating is a big decision, and I want to make the best move possible.
thanks.
the problem with the FL to NY move is that it's not certain that it will be much easier than your current situation. You will still have to apply to the ibanks through online applicant pools without a feeder system that on-campus recruiting could provide. However, if you wanted to work in FL for a year or two and go to b-school, then i think your resume would be more than adequate
Those were my thoughts exactly. I figured not much would change, since I am still off-cycle, and it would be harder to interview from FL. However, I would have some experience at that point, so it would make my chance of lateraling much easier. I wouldn't want to work in FL for two years, but I think I can make a case to lateral after 6 months or so.
It feels like a very risky move.
i wouldnt move to fl, it seems to me like that would just move you backwards. What about boston, philly, chicago, etc. What about working in big 4 or something??
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