London, IB vs Economic Consulting for eventually relocating to NYC?
So I've ended up with either an IB EB 6 month off-cycle or an economic consulting (NERA/CRA/Cornerstone) FT and somehow have a bit of time to make up my mind.
For personal reasons (not cause my favourite movie is set in NYC) my end (and only) goal is to relocate to NYC from London and eventually get a greencard either through marriage or an investor's visa (inheritance), whichever happens first.
Ideally, I'd start working there long before that on a work visa and so I'm wondering if anyone can offer some insight to my current dilemna. These are the cases for both as I see them:
IB: Name/prestige, may be a route to a lower tier firm within finance as I'm willing to take a severe comp/prestige hit, need to verify this, anyone know of EU guys being hired with 5 years experience?
EC: Academic angle I hear makes the visa application easier (I have an MSc in a niche area, once again need to verify if this is actually the case), lots of people in EC who work across EU/USA concurrently. Maybe more opportunity to make the jump internally? Also EC places really well into MBA programs so that could be a point of entry? I took the GMAT a few weeks ago and got 770 so I should be good for at least top 15 I'd like to think.
Anyone got any advice and/or anecdotal evidence? Would it be worth me consulting with an immigration lawyer?
Cheers monkeys
You have 3 options:
Convert the off-cycle into an FT and move internally at your firm to NYC after 12-18 months
If you don't convert, stay in London and recruit for London IB FT and then move to NYC internally after 12-18 months
Take the econ consulting FT role, move internally after 12-18 months to NYC and recruit for IB from there
I strongly believe that the type of work done at the firms you mentioned has more pull in Europe than in the US (more regulation in Europe, more regulatory bodies to try and navigate around). It may mean that it is more recognized in Europe than in the US which will impact how easily you can move between industries. Based on this, I think the best options for you (in order) would be: 1, 2 and 3
Source: my firm has a well known econ consulting arm and people have done similar moves to get out of London (either to NYC or other cities in the US)
Odio sit quae voluptatem provident placeat qui beatae veritatis. Nisi excepturi ea voluptas et aspernatur. Dolor et facere et assumenda facere dolor. Eius ipsa et adipisci eum ut mollitia laboriosam.
Aliquid dignissimos sed non culpa error incidunt. Amet quasi incidunt enim sed quae. Illum assumenda labore voluptatem possimus fugit. Eum maiores maxime nam possimus exercitationem dolorum.
Molestias reiciendis molestiae tempore adipisci est earum. Architecto doloremque nam expedita. Cupiditate reprehenderit sit veniam illo id. Totam voluptatum id alias qui beatae atque.
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...