Hi everyone,
I'm a 2nd year analyst looking to transition to something different - currently at a BB right now and have worked in several FO/MO groups in different businesses at my firm.
I have 2 very different offers - one in Ops Risk at a BB (at my current firm, think GS/JPM/MS) and the other at a boutique AM firm doing Institutional Sales. I need to make a decision within the next few days.
Honestly, I have no idea what I want to do post the next 2-3 years. Considering an MBA, but not 100% set on it. I would also like to try working in a IR/BizDev role at a HF/PE or even do BizDev at a F500.
Which would have better exit opps? Pay is pretty similar between the 2, but lower base/higher bonus for the sales job at boutique. Both located in a city with high CoL.
Please feel free to share some of your wisdom below... Thanks.
If your goal is IR/Biz Dev then the skills you develop in the institutional sales role will be much more applicable and set you up with better exit ops. And frankly, I think the sales role will be more interesting/stimulating. I don't have any real thoughts re: pay, depends on your risk tolerance/financial situation, neither of which is any of my business.
More generally, and others can weigh in, the experience you get in institutional sales, while finance-focused, will generally be more transferable to other positions/industries if you pursue an MBA and decide to switch careers. The skills you develop in a sales role are lifetime skills. Plenty of companies will always a need talented sales force and too over generalize, I would argue its easier to learn a product than to learn how to sell.
I'd throw my hat in the ring for the institutional sales role, FWIW
Thanks for your input, white collar
Porro est reiciendis ratione inventore. Totam totam officiis velit quia. Officia dolor labore et exercitationem.
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...