The investment bank is the best bank in the country, but is smaller than the conglomerate. I am very passionate about my finance and capital market skills, which I use in my current corporate finance job. Investment Banking may open up more opportunities for me in the future, while working in the conglomerate is a steady less-dynamic job. I want more excitement, but do I have to sacrific my currrent pay by 50%?
2006-08-09 18:21:06 · 2 answers · asked by J 4 in Business & Finance ➔ Careers & Employment
Please note that Investment Banking in the country I reside in does not offer the same generous packages as developed countries. Conglomerates are considered the highest-paying and respected companies in this country. The only good thing going for Investment Banking is the dynamic nature and career growth is faster. Considering everything mentioned above, which one would you choose?
2006-08-10 17:34:24 · update #1
money isn't everything. to me, compensation is only part of the considerations in choosing a job, it's probably more like 3rd or 4th on the list. you should ask yourself, at which job will you learn more? then think a few steps ahead, will one job allow you to find an even better job after that? then ask what are you longer term goals, are you content being an employee of a big corporation and moving up their corporate structure or would you want to do something more entrepreneurial down the road? which of the two positions gives you the skills to achieve that goal. if you like the big corporations then your answer is obvious, go to the conglomerate, but it's common for a lot of ppl to use an investment banking job as a stepping stone to something else. in the end, pick the job that will maximize what you are learning.
2006-08-09 18:38:48 · answer #1 · answered by Paul S 3 · 2⤊ 0⤋
You have much more exposure in a Conglomerate and the pay is higher. So it's clear you should go for the second option
SP
2006-08-10 01:45:15 · answer #2 · answered by SANJAY P 1 · 2⤊ 0⤋