Finance Vs. Ops at a BB IB firm vs. Corporate finance rotation at non- bank
I am currently working as an operations sales assistant at a BB IB (MS) and I have recently received three job offers: Financial Controls Analyst (JPM) & Business Mgmt (PDP) rotation at Northrop Grumman & junior asset manager/ financial analyst Greystone Servicing Co.
Strictly leaving pay out of it because I know I want to attend MBA school full- time after 5/6 years of full- time experience, what will set me up to make the leap into a Front Office Sales & Trading or IBD position in the future? Will it matter if I am planning on attending graduate school full -time? I will also attain my MS in Finance from Johns Hopkins in the meantime.
Any advice will be greatly appreciated!
Which position? Goldman Ops vs BAT (F500 Finance Training Program) - S&T endgoal (Originally Posted: 12/18/2010)
With the ultimate goal being Sales and Trading, which one would be better? BAT is British American Tobacco by the way.
I've done a search and it seems that people are saying to avoid Ops at all costs if the ultimate goal is IB, but what about S&T? Would Ops be more relevant or less relevant than compared to an opportunity at a F500 company?
Goldman for sure
If your goal is sales and trading then ops is closer than the finance training program. However, you might be doing more relevant work in the finance training program (depending on the quality of the program).
Also, you are in an interesting position since you have an option to go to Goldman Ops. In Goldman, ops are even further from front office than in other banks, in terms of respect and mobility, so your chances to go to S&T are not so great. But, if you tried to go to S&T in another bank, that's even harder to do with just ops experience.
If you are really determined, have a plan for networking and know how to network. Goldman ops might give you a chance but not a big one. The finance program could help you in other finance roles but i doubt it would help in sales and trading.
Good luck.
Depends what ops group.
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