After reading multiple threads on front office vs. back office, the phrase that I see often is "You always want to be in a revenue-generating position when you start your career."
Just curious to see why this is so. Why is front office looked upon so much higher than mid/back office? Now if we are only comparing positions within an Ibank I would understand this, but I have also seen this phrase used when comparing positions in different industries (for ex. audit vs, finance at an Ibank; many have said that audit would be better than the Ibank because it's revenue-generating, regardless of the fact that pay in finance is much higher).
Sorry if this question sounds asinine. Would like to hear your guys' opinions.
Also, I would like to hear your opinions regarding audit at Big 4 vs. F500 Finance Rotational Leadership programs in terms of future opportunities in corporate finance (not necessarily IBanking). Even though the later is non revenue generating, many on this board have looked upon these programs very highly.