Is joining a lower tier IB offer even worth it considering I don't want to stay within the financial institution for the long term?

Hey guys, 


I am currently in a non-finance related career. This whole pandemic I have been struggling to get into banking. But now I have a good feeling I will land an offer in one of the lower tier firms think BMO/RBC/Mizuho/MUFG. Ever since I had and did well on my interviews I've been sort of shifting my thoughts away from banking. My question is taking a lower tier firm worth it? I don't want to go into buy side nor stay in banking for the long term. I have stronger interest in moving into tech over time - corp-dev/corp Strat, FP&A, PM, Biz Ops. I am just wondering if this role within these companies will most certainly help me get there. If not, how hard is it to lateral to a more prominent bank? I just don't want to stay stuck in my career. Would love some advice.

 

Got it. Thanks man! Yeah the job I have rn is pretty comfortable. It is one of the top firms in that industry. So if I stay here, I would have time to learn coding, study for gre/gmat, and go to school or an MS in CS. I would just love to work in the tech or even media space in the end. But yeah, if banking will help me get there without doing the things I mentioned above I will really consider it.

 

Sure, it’s good experience and you can always go to a T10 MBA after a couple years and then go where you want.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Consectetur quaerat tempora assumenda. Officia omnis nemo voluptatibus ipsum facilis. Officia accusamus saepe qui quis possimus.

Voluptas nulla aut nihil delectus. Molestiae inventore voluptatem ipsa deleniti est unde. Quia tempore at aperiam. Optio velit magni et aut. Tenetur nihil deserunt voluptas dignissimos aut non rem.

Debitis itaque doloremque consequuntur eum. Debitis animi fuga suscipit rerum et quia maxime.

Quia eos dolor est et qui pariatur voluptas incidunt. Pariatur minus aut quod sequi fuga aut. Qui in quia eligendi fuga tenetur et et.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”