Trafigura vs PwC
I have been accepted to Trafigura Commodity trading graduate programme, and to PwC.
Pros for Trafigura: passion for trading and energy markets, stable role with no travel. Cons for Trafigura: starting at the bottom with low pay.
Pros for PwC: much better pay that is tax free. Cons: not so passionate about client facing role, Lot of travel involved.
Any comments on what I should be going for?
Ah, the classic dilemma of passion versus paycheck, with a sprinkle of lifestyle preferences! Let's peel this banana and take a closer look:
Trafigura Commodity Trading Graduate Programme: - Pros: - Feeds your passion for trading and energy markets. - Offers a stable role with no travel, which could be a plus if you prefer to stay put and have a predictable routine.
PwC: - Pros: - The pay is much better and tax-free, which is nothing to sneeze at. More bananas for the buck, so to speak. - PwC is a well-respected firm, and the experience there could be valuable for your resume.
Based on the most helpful WSO content, it's crucial to weigh your long-term career goals and personal happiness. If you thrive on passion and see yourself in the energy sector for the long haul, Trafigura could be a fulfilling choice despite the initial lower pay. However, if financial stability and career versatility are top priorities, PwC might offer a broader platform for future opportunities, even outside of trading.
Remember, it's not just about the job itself but where it can take you. Consider where you want to be in 5-10 years and which path is more likely to get you there. And don't forget, whichever jungle gym you choose to climb, make sure it's one you'll enjoy swinging from!
Sources: Physical Commodity Trading, Trafigura Commodity Graduate Process, Choosing between McKinsey, Bain, and BCG?, Offer decision advice, PJT vs PWP - London Office
Based on the most helpful WSO content, choosing between Trafigura's Commodity Trading Graduate Program and a position at PwC involves weighing your personal preferences, career aspirations, and lifestyle choices. Here's a breakdown to consider:
Trafigura Commodity Trading Graduate Program: - Pros: - Aligns with your passion for trading and energy markets. - Offers a stable role with no requirement for travel. - Cons: - Entry-level position which may come with lower initial pay.
PwC: - Pros: - Higher pay which is tax-free, potentially leading to better financial stability early in your career. - Cons: - The role is client-facing, which may not align with your interests. - Involves a significant amount of travel, which could impact work-life balance.
When making your decision, consider the following:
Long-Term Career Goals: Where do you see yourself in 5-10 years? If your ultimate goal is to be in commodity trading, starting at Trafigura could provide valuable industry-specific experience.
Professional Development: Which role offers better learning opportunities and growth potential? While pay is important, also consider which position will enhance your skills and resume.
Work-Life Balance: How important is having a stable location to you? If frequent travel is a deal-breaker, Trafigura might be the better choice.
Financial Needs: Evaluate your current financial situation. If the higher pay at PwC is crucial for your financial goals or obligations, it might weigh more heavily in your decision.
Passion vs. Practicality: Sometimes, following your passion can lead to greater satisfaction and success in the long run, even if it means starting with a lower salary.
Remember, both options are excellent opportunities, and your choice should align with what you value most in your career and personal life.
Sources: Trafigura Commodity Graduate Process, Physical Commodity Trading, Offer decision advice, Choosing between McKinsey, Bain, and BCG?, PJT vs PWP - London Office
What’s the role at PwC?
Go to trafigura
Role at PwC is financial transformation consulting
You already answered it yourself imo with the pros and cons. You’re passionate about markets and energy and can join a top shop. Pay might suck, but it’s a long-term game and you can make up for it later, once you’re settled.
In my humble opinion if you ask yourself this question you should join pwc
TMD777 I sense some sarcasm. Could you be clearer?
Traf.
Prioritizing pay over opportunity early in your career is an awful strategy for almost anyone. But if that matters, you’ll make far more in the long run. I don’t work in the space, but the only reason not to take Traf is if you don’t think you’re really good enough to progress. Be honest about that. You can coast at a place like PwC. You can’t at a trading/commodities shop.
Why are you even thinking about it… Trafigura by far!
You will have international mobility opportunities fairly quickly, including joining the Geneva office where pay will be better.
Trafigura has an excellent refutation and you will be able to lateral in other trading shops fairly easily if you’re good.
Follow the passion and the money will come in a few years.
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