I’m a first year Senior Associate ~4 YOE in SF. I have an opportunity to take a role in NYC (I like it more), a different industry (my current one is niche), with likely a bit of a bump in cash comp, but the caveat is I have to step back from senior associate to associate. Would I be dumb for doing so?
| +71 | First year PE analyst on medical leave after insane hours | 18 | 10h |
| +62 | Take the Layoff or Quit? | 21 | 1d |
| +45 | PE downturn- Impact on a PortCo CFO / Operating Partner | 9 | 1d |
| +38 | Is being an LP super chill? | 18 | 6h |
| +33 | Why are so many bankers exiting to tech? | 15 | 12h |
| +31 | How Do You Train PE Juniors When Banks Do All the Modelling? | 10 | 5h |
| +19 | Tier 4-5 City - Go to work for micro PE? | 3 | 17h |
| +19 | Career in PCA: GP-Led or LP-Led? | 6 | 2d |
| +17 | PE on cycle guide | 3 | 2d |
| +17 | Dealing with Cold Seniors | 9 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
meh money is money. the title less important imo.
Would you be coming in as an 2nd year associate? If so, I would probably do it - your added experience vs other 2nd years can help you make the jump to Sr Associate there in a year (not too hard of a jump, just need to learn the new industry and grind). If you're coming in as a 1st year associate, I personally wouldn't do it but that's just me.
Further to this ^ it can create friction to be too senior for your title if you are in a more rigid / hierarchical work environment. If the org structure is flatter then your title should have no bearing on whether you can play up
Non porro numquam quas. Placeat et eum est qui sed et rerum. Expedita quia qui possimus cupiditate ipsum nemo facere maiores. Illum veritatis voluptatem aut atque aliquam. Perspiciatis reprehenderit in animi explicabo. Beatae adipisci assumenda vitae excepturi quo fugiat unde voluptatem.
Omnis corporis est tenetur excepturi dolor temporibus sit. Et perspiciatis voluptas magni corrupti delectus sit voluptatem. Optio accusantium qui numquam autem harum laudantium. Ad ipsum ea aut enim molestiae.
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...