Would you leave banking for this opportunity?

I may have the opportunity to join a mid sized company in a general management role with P&L responsibility. In essence I’d be running a smaller division of a ~$2 billion revenue company. It’s not a huge division roughly $30-50mm in revenue but I’d have substantial responsibility and flexibility to run it. It’s about 10 direct reports and another 150 indirect reports. Pay is probably anywhere from flat to what I currently make all in to 10-2% higher. The firm is stable, modestly acquisitive, but barring any promotions I’ll be getting 4% annual raises indefinitely. Currently I’m reasonably happy at my firm, lifestyle isn’t bad by banking standards and obviously compensation growth prospects are a bit better.

My thought is if I go and spend a few years as an operator I’ll either love it and move up or gain a valuable skillset and I don’t think I’m giving up much optionally, but I’m interested to hear other people’s opinions.

3 Comments
 

Deleniti corporis voluptatibus hic est temporibus. Error dolorem doloribus ut et. Aut voluptatem reiciendis porro quos cum eum cumque.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (45) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”