Should I accept this offer?
I am currently an analyst at a small credit rating agency making $77,000 all-in per year and working 45 hours per week. I got an offer to join a one-year-long investment banking analyst program at one of the top Spanish banks. I am unsure exactly how many hours I will be working in this program, but the hourly rate is $38.46 per hour, with the overtime hourly rate being $57 per hour. I will NOT be eligible for a bonus in this program. No automatic offers will be extended after this program finishes, but I will be considered for permanent positions within the company. For benefits purposes, my annualized base salary is calculated to be $80,000 per year. I should also note that, in my current role at the credit rating agency, I have not been exposed toor deep-dive analysis. So this program will allow me to gain further relevant skills. Should I take the offer?