Current job vs corp dev vs MFPE Ops

Based on the most helpful WSO content, here's a detailed comparison of your current job and the two offers you have:

Current Job (Acquisitions at a CRE Fund)

• Role: Running point on deals, exposure to full deal process, interaction with various types of owners.
• Compensation: $120k-$130k.
• Reasons for Leaving: Not specified, but implied dissatisfaction.

Offer 1: MFPE Ops

• Location: No need to move.
• Compensation: $120k-$140k.
• Role Perception: Operations roles are often seen as less prestigious, but you value intellectual stimulation and decent compensation over prestige.

Offer 2: Corp Dev at a REIT

• Location: Requires moving 3+ hours away.
• Compensation: $90k-$100k (pay cut from current comp).
• Role: Similar day-to-day tasks as current job but with potential for better growth and exit opportunities due to the larger company size.
• Additional Opportunities: Possibility of lateral moves into M&A or property management within the corp dev group.

Considerations for Future Goals

• 5-Year Goal: Aim to make $175k while maintaining a work-life balance.
• Further Education: Considering pursuing CFA or a master's in finance/accounting.

Analysis

1. MFPE Ops:

   • Pros:
     • No relocation required.
     • Slight increase in compensation.
     • Potential for intellectual stimulation.
   • Cons:
     • Operations roles may not offer the same growth or exit opportunities as corp dev roles.

2. Corp Dev at REIT:

   • Pros:
     • Potential for better growth and exit opportunities.
     • Larger company size could provide more stability and career progression.
     • Possibility of lateral moves into M&A or property management.
   • Cons:
     • Requires relocation.
     • Initial pay cut.
     • Similar day-to-day tasks as current job, which may not address the reasons you want to leave.

Recommendations

• MFPE Ops: If you prioritize staying in your current location and value intellectual stimulation over prestige, this role could be a good fit. The slight increase in compensation is a bonus.
• Corp Dev at REIT: If you are willing to relocate and take a short-term pay cut for long-term growth and better exit opportunities, this role could be more beneficial. The potential for lateral moves within the company adds to its attractiveness.

Conclusion

Given your 5-year goal of making $175k while maintaining a work-life balance, and considering further education, the Corp Dev role at the REIT might offer better long-term growth and opportunities. However, if relocation is a significant concern, the MFPE Ops role is a solid option that aligns with your current compensation and intellectual interests.

Sources: Who is happy & satisfied with their current role?, $700k/yr income in WM or leave to try to be a PM & hopefully start investment company in the future?, Overnight 23-year old BTC Millionaire? Life Choices, On the off chance Investment Banking doesn't work out for me, best job for work life balance?