Is it okay to leave my job after one year at a prestigious institutional investor?

Hi all, appreciate some advise. I'm currently on a pre-mba program at a large institutional investor focusing on PE. My boss had mentioned that there remains a possibility that I get converted to a full time (as he likes my performance, but still uncertain about headcount) but a competing peer institution institutional investor (smaller in AUM but also quite reputable) has offered me a full time role (similar all in comp) doing the same thing. Only problem is, I've just been in the current company for only a year, was wondering if this might be unadvisable? Thanks
 

context is I've 2.5 years of experience in PE, spent 1.5 years at another company post graduation 

Private Equity Interview Course

  • 2,447 questions - 203 PE funds. Crowdsourced from 750k+ members
  • 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
  • Trusted by over 1,000 aspiring private equity professionals just like you.

Comments (3)

Nov 21, 2021 - 8:29am

You have 2.5 years of work experience, including 1 year at your current firm, yet you say your current boss isn't sure you have a full time offer secure? Arnt you full time now?

In any case, just tell your current boss you have to take an offer that secures your future.

Nov 21, 2021 - 8:33am

Hi! Thanks so much for the reply! Yup it's actually a pre-mba program (which lasts for two years), so I'm at the halfway point now. Recently got offered an additional year of extension on the contract, but still no indication of a perm. My boss has said that he will support my conversion eventually but no clarity on that still. 

  • Research Analyst in HF - Other
Nov 22, 2021 - 3:29pm

Non deserunt aut voluptas eum expedita sed magnam. Maiores voluptates velit veniam accusamus ea libero perferendis ut. Dolor quidem et asperiores.

Quasi placeat voluptas eum et. Ipsam in voluptatum est quae accusamus omnis. Et sunt accusamus eligendi quam. Sint quis nisi sapiente ab non non earum voluptas. Dicta quis in debitis quia.

Start Discussion

Total Avg Compensation

December 2021 Private Equity

  • Principal (8) $676
  • Director/MD (18) $575
  • Vice President (70) $361
  • 3rd+ Year Associate (70) $270
  • 2nd Year Associate (143) $252
  • 1st Year Associate (294) $220
  • 3rd+ Year Analyst (26) $159
  • 2nd Year Analyst (63) $134
  • 1st Year Analyst (190) $118
  • Intern/Summer Associate (21) $67
  • Intern/Summer Analyst (225) $58