Should I take the offer or not?

Based on this year's hiring environment, I've been to a couple of Superdays but struck out and was very close to getting a trading position until a certain trading fraud happened.

At the moment I've been seriously considering with continuing further studies to increase my chances of getting directly into a BB. But I just received an offer today from a large financial services company. Although not related directly to the business areas of BBs it provides services to all of the BBs. However, they want me to get back to them within a week and during this period of time I doubt I would hear back from any of my grad schools. May I say, the pay's not bad either, they're offering me about 70% of what an analyst would make + normal working hrs. When comparing this to what a lot of my friends(not wall st. jobs) will be receiving it doesn't sound bad, I'd say I'll be making 30-50% more than what they are.

Do you guys think I should accept this offer or wait for the grad school reply?

Region
 

Depends on how sure you are about getting into grad school. If you aren't certain you will get into a graduate program you might as well take the job. The pay seems good and it sounds like you will get exposure to BBs.

 
matty200:
Are you saying 70% of what analysts make including bonus or not including bonus.

I think it depends on your goals, worst case scenario you can always renege, not that I am suggesting you do that.

obviously without

 

Sit est rerum quae quam praesentium. Quia sit ratione itaque quam quae.

Animi inventore quo dolor autem totam. Libero voluptas et eaque.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”