Finance work abroad programs

Current ASO 2 (ignore title) at a MM PE firm. I have been working since graduating college, am mentally in a bad place due to severe burnout. I contemplate quitting every day but am not sure I even want to stay in PE
 

Truthfully, I’ve never really taken significant PTO during my times in IB/PE and would love to explore the world for a bit if I find the courage to quit…and that got me wondering, does anybody know of any finance/general work abroad programs they can recommend? Think it’d be a good way to exit my current role, not be completely unemployed, and allow me to explore other countries.

 

Based on the highest ranked content on WSO, working abroad in finance can indeed be a transformative experience, both professionally and personally. It's not uncommon to hear about finance professionals seeking opportunities to work in different countries, as this can provide a fresh perspective on the industry, allow for cultural immersion, and offer a break from the high-pressure environment typical of investment banking and private equity sectors.

For someone in your position, contemplating a change due to burnout and a desire to explore the world, there are a few paths you might consider:

  1. Overseas Graduate Hiring Programs: Some global financial institutions offer programs specifically designed to bring in talent from different regions. These can be a great way to transition into a finance role in a new country. While these are typically aimed at recent graduates, having a strong background in PE might make you an attractive candidate for certain roles.

  2. Internal Transfers: If your current firm has offices abroad, an internal transfer could be a seamless way to work in a new country. This would allow you to maintain your employment status and benefits, while also giving you the change of scenery you're looking for.

  3. Short-term Assignments or Projects: Look for opportunities to work on short-term projects in different countries. This could be a good way to "test the waters" without making a long-term commitment to moving abroad.

  4. Finance Work Abroad Programs: While specific programs weren't mentioned in the context provided, there are organizations and platforms that facilitate work abroad opportunities in various sectors, including finance. Networking within your professional circles and on platforms like LinkedIn, or even reaching out to recruiters who specialize in international placements, could uncover some options.

  5. Taking a Sabbatical: If quitting outright feels too drastic, and if your financial situation allows, you might consider negotiating a sabbatical with your current employer. This would give you the time off you need to recharge and explore, with the option to return to your role or the industry later on.

Remember, taking a break or seeking a change of pace is not uncommon in high-stress careers. It's important to prioritize your mental health and well-being. Exploring the world while still engaging in professional activities can provide a much-needed fresh perspective and potentially reignite your passion for your career.

Sources: 3 years work experience in big 4, Ms Finance or MBA? Could you please give me some advice?, https://www.wallstreetoasis.com/forum/job-search/finding-a-finance-job-in-usa-as-a-foreigner-living-abroad?customgpt=1, Working Abroad in Investment Banking, Best one year finance master's, https://www.wallstreetoasis.com/forum/school/which-of-these-schools-would-you-want-to-study-abroad-at?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Omnis ipsum esse sunt excepturi id sed rerum. Vitae non earum et repellat sed dignissimos et. Quaerat rerum voluptas perspiciatis occaecati. Tempora aut ut aut sit enim.

Illo autem temporibus facere ea. Perspiciatis optio dolorum voluptatem laudantium pariatur enim consequatur. Voluptatum unde repellendus repellendus minima. Quasi culpa consequuntur sit dolor inventore. Quidem sint dolorem molestiae autem. Suscipit sint sit vel et non.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (207) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
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...”