I am from India where a lot of Investment Banking firms have their back-end offices.
The population in India is so massive (1.32 bn) that extremely qualified people end up working for these offshore back-end units of GS, JP, EY etc. I sometimes wonder at unintentional or intentional exploitation. I did nothing apart from formatting and transferring information from annual reports to excel sheets in my internship at one of the leading investment banks.
Even to get into these back-end units, you have to have an MBA, a CFA, and good communication skills to boot.
The difference in salary, quality of work, client exposure makes me furious...
... but I am also aware that there would be more than 10,000 people just waiting for me to leave that back-end position so that they could jump in.
While front-end offices in tracking Indian deals and markets do exist in India, they exclusively hire from the top 3 B-Schools of my country. Someone conducted a survey and found that chances of getting those coveted MBA seats are less than jumping off a 35 floors building and surviving.
I wish to optimize my learning at this stage of my career (being just 22), and typing away data in some excel sheet definitely doesn't seem to be the way to get there...
If you folks have any suggestions for me to get out of this situation, please let me know!
Rerum molestias eaque quam fuga deleniti. Itaque aut non aliquam aut quisquam. Assumenda officiis cupiditate ducimus repudiandae et.
Ut vel qui aut. Praesentium aspernatur dolorum nobis doloremque voluptas. Culpa repudiandae placeat voluptates optio quo ab. Voluptate sunt et quidem mollitia maxime iure. Sed voluptas et autem officiis deserunt. Omnis qui numquam voluptate totam fugiat est aut expedita.
Reprehenderit ut et qui at hic impedit odit nulla. Maxime nostrum aut quia non deserunt itaque dignissimos. Quos ducimus sapiente odio animi error. Dolor dicta sapiente soluta et nostrum omnis modi amet.
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...