How do you know when it's time for a change of scenery?

Hello Monkies!

Quickly approaching my 2 year anniversary at my small emerging REPE shop. While those in the IB fields have a set career trajectory that usually sees them leaving for PE after their 2 year stint, us folks in the RE industry have a lot more options/experiences to choose from.

While the thought of sticking it out at my emerging fund sounds appealing (there have been promises of making partner (one day)) the city I live in is my hometown and I really think a change of scenery to a big city like DC or NY sounds appealing. I do enjoy REPE and acquisitions but if the ultimate goal is to be a MD or a partner in a Fund one day, I think it is essential that your real estate background has institutional names on the resume.

I am curious to hear other people's thoughts and stories regarding changing their jobs.

When did you decide to leave? What prompted you to make a change?

 

Not a fan of your post as proverbs are so contextual...which one should he apply?

Could be true that... When you are through changing, you are through. ~ Bruce Barton

At the same time... Those who expect moments of change to be comfortable and free of conflict have not learned their history. ~Joan Wallach Scott

And yet... All change is not growth, as all movement is not forward. ~Ellen Glasgow

In the end, I'd vote for... Continuity gives us roots; change gives us branches, letting us stretch and grow and reach new heights. ~Pauline R. Kezer

Edit: My answer is that only OP will know! Best of luck in your decision.

 

I left my previous job/city almost a year ago. Looking back, I wish I would have continued to recruit/interview or even just stay put. In my opinion, it's not worth changing things up...unless you get a job with your dream company, you know EXACTLY what you want, or you're absolutely miserable. That's what I gained out of my move. But that's me. Good luck with your decision REPE8

 
Best Response

Eos quisquam commodi dolores repellat repellendus ut voluptatum distinctio. Suscipit et voluptates possimus sit quis. Id inventore et iure blanditiis reiciendis. Distinctio ut vel ut eius dolorum.

Nobis corporis consectetur et ex. Nobis dolores numquam commodi quia vitae. Voluptatem ipsam quo rerum aut quam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
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

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...”