Asset/Wealth Management vs Corporate Banking
Hi everyone!
I am a college senior at a non-target. This summer I interned at a BB in the corporate and investment banking division, and have a full-time return offer for next year. My ultimate goal is to end up in asset management/wealth management. I have the following two options:
Accept the BB offer, work for 2-3 years, then head for a masters for a possible career switch to asset management/wealth management
Reject the BB offer and head for a masters straight out of undergrad, and then try to break into AM/WM
While I did enjoy my summer stint, I can't imaging myself doing banking forever. What would you all suggest? Which option would make it easier to get into AM/WM? If I go with option 2, would I be a fool to turn down a BB offer especially coming from a non-target background? Anything else that you believe I should consider while weighing my options?
Please help, thanks.
If you're at an BB in IB, it should be relatively simple to switch over to WM/AM after a few years; you probably wouldn't even need an MBA. If you don't hate banking then it's probably the best/easiest option. Barring an amazing AM position/program, would recommend the BB given background.
I would opt for the 1st choice. It's good to have real experience under your belt before grad studies. This is what I realized after too many years of grad school w/o prior industry experience. :)
I will go with option 1. You have much higher chances and it will be easier for you to change to AM/WM.
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