Hi everyone, long-time lurker, first-time poster here.
I am in a dilemma in terms of my career rn.
I graduated in May 2021 and am currently an analyst at a MM boutique in NYC (started in June). I genuinely enjoy the work so far and learning a ton.
However, my long-term career goal has always been to break into the non-profit/university endowment management industry since I am passionate about both non-profit initiatives and investing - also had few family members who were in the industry and they all really enjoyed the work and always encouraged me to look into that industry.
I was offered an investment analyst role at a ~$3B+ endowment (Not in NYC) and having a little crisis right now.
Of course, it's not ideal to leave your job after less than 3 months but it has always been my goal. Maybe I am having second thoughts on the endowment management industry in general - maybe I was attracted to the industry since I've always been hearing about it as a kid from my family. My current role is great - love the team, learning a ton, and the hours are surprising not bad at all (way better than most people seem to be getting). I will definitely be getting a pay cut by taking the investment analyst role but I won't be in NYC. One other concern is I don't really see much of a career progression (in the organization) in the investment analyst role. People have mentioned that investment analyst positions are usually 2-3 year positions and you have to look elsewhere afterward since most endowment management teams are lean and turn-over is extremely low.
What are your thoughts?
Thanks for reading guys!