I know there are other threads on this, but most of them are rather old and didn't have exactly what I was looking for.
I recently received an offer at a Big 4team (i.e. MM ). As all of the other threads said, the starting offer is lower than other MM IBD firms, but it was presented as a work hard play hard situation, with a great work-life balance (insane amount of vacation).
I currently work at a boutique bank and am relatively confident I could land another offer at a different MM firm. Although, it might take another 6 months.
So, here are the questions:
1.) Can any one confirm the work-life balance in Big 4 Corp Fin? Do you actually get to take the vacation, or do they just give it to you because it's a company-wide thing?
2.) Is it worth asking for a higher base? I am coming in with a little over a year of full-time experience and a pretty long list of internships.
3.) Can anyone speak to the pay increases as you move up the ranks. I was told I would be eligible for a raise at the end of the year.
4.) What is the typical bonus % range? I was told it is completely discretionary and could be as high as 100% (highly unlikely) but is more likely in the 15 - 50% range depending on performance and level.