Help! CRE Investment Sales v BB BO Temp-Job
Hello WSO,
After a long battle of unemployment in NYC, I got offers from two companies. One is Commercial Real Estate Investment Sales Position (40k + Bonus (5k~10k)) at a descent company, and other one is a back office temp position (20-25/hour) at top BB (if that means anything). It was really clutch because this month was the last month I could afford to stay in NYC.
My background is, from semi/non-target econ major (ucla,uva,umich), low gpa (3.0), and had internship experiences at a boutique ib, and wealth management.
Although I am really excited to be employed right now, I still have strong desire to work in finance. I know I'm not the most competitive candidate out there for FO finance job, but looking to save up some money and go to mfin to re brand myself.
Which opportunity would provide me the best chance for FO job in the long run?
Also, how is CRE industry in general? Is it a good career?
Again, thanks so much for your help!
The prestige associated with working for a top BB means nothing unless you're actually working in an industry role. You're going to be miserable working in that environment. There's also a good chance that you'll be looking for a job pretty soon. Going from MO to FO at a BB is hard enough, it's assured that going from BO temp to FO is nearly an impossible feat.
Take the CRE job and keep looking around. I find CRE to be pretty interesting and it's filled with some lively folks. At this point you need a job and can't afford to wait on anything else.
I would agree with kintut: in the long run, CRE position seems to set you up better for a long term career and is a better platform to build off of (from the role you stated anyways)
Take the CRE job for sure. You'll get actual transferable skills. Just try and find an apartment outside of Manhattan/Williamsburg.
What kind of BO position is it?
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