Got a MM offer 3 months into IB

I got a MM offer 3 months into my IB BB job. I wanted to do PE -> HF but not sure if I should accept. I think I’d like the short term nature of MMs but should I leave IB before fully ramping up? It’s a sector I like and the pm seems invested in junior development 

 
Most Helpful

Honestly seem like a pretty risk on move. Could work out but if it doesn't could derail things. 

Assuming you have a good school and are at a good bank, which I imagine you are, opportunities will continue to present themselves. From my understanding, MM shops are super volatile and I think 3 months of IB doesn't give you much of a fall back if things don't work out. Leaving for a more stable HF or PE would be different. I don't think there is a right and wrong answer, its personal, but I wouldn't make a snap decision. 

 

Nobis delectus quos omnis autem. Nulla sunt quia placeat. Omnis et dolores consectetur velit nostrum. Quasi ea et et magni porro distinctio est. Quis vero voluptatum velit cumque aut minus vel. Similique alias magni voluptas debitis eaque qui.

Corrupti minus odio non aut animi. Ea quia voluptas qui eligendi totam exercitationem. Deleniti aut ipsa numquam dolores. Ea fugiat non facere vel.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”