Anyone here considered going the investment banking route? I know they do more finance work, but they are analytical and the compensation is crazy high. Talking to an old colleague and the first year analyst make 100-120k base and 60-80k bonus.
*though you work MANY hours

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Posting as :
works at
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Ahh yes the IT consulting to IB route. Old as time itself.

likefunnyhelpful

Have fun ripping 85+ hour weeks

likehelpful

100% agree

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I made the switch from analytics to IBD. Can help answer any questions.

helpful

I started as an engineer and made a switch to an analytics consultant role and used that to leverage into a consultant position at Deloitte after ~1 year or so.
Once at Deloitte I pushed to get involved with the m&a group and used that experience to lateral into IBD.

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I just made it to the final round, just to lose out to an internal applicant.

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They’re super super selective. You’re probably better off trying to break into an analytics arm at MBB or even B4 then eventually industry.

I’m not making IB money but I do alright (gonna gross $400K this year) 15 YOE

Might be able to RPA their LBO models otherwise don’t think you’ve got a chance.

Tech tho

🥶

I considered it, but after seeing how much I hated being on-call during deals in FDD and how the bankers worked even more, I don't ever want to go into IB no matter how much money they make. Working 50-60 hours regularly is already a drain on my energy levels/social life for me personally, but I can still manage to have some semblance of a life F-Sun. In banking, your work is your life and my friends who stuck it out in that industry are all out of shape alocholics/druggies.

I've come to realize that unless you have an extreme type-A personality, most of these careers people salivate over aren't that great outside of the money you make. I'm in strategy consulting right now (former CPA) and am looking to pivot back to finance because I absolutely loathe how fluffy the work is. Yeah, I'll probably get paid less, but at least I'm doing something I enjoy and have some regularity to my life.

If you want an extremely luxurious life and work on the biggest projects, then maybe IB/MBB is for you. For me personally, I'm way happier doing less prestigious work that I still enjoy and think adds value and settling for a lesser paycheck.

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What’s going on FB friends,

I am contemplating a move to industry working at a VC, Tax Director role east coast. Looks like it will be primarily overseeing compliance with some aspect of advising on structures etc. There is another tax reporting head above me.

The potential comp is the low 200k with a 10% bonus (still higher than what I am making). I feel this is pretty low for VC standards but maybe my standards are also too high. I have generally seen 25% bonus with carry.

Any thoughts?

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which is better EY India or EY GDS ? Want to know in terms of hike , variable bonus, perks and benefits. Not bothered about client exposure and all.

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Pls rply

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Hi folks,
How much Wipro pays for Europe on-site role with B3 designation.

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Hi fishes,

I am working as analyst in kgs consulting team with total 5 years of exp. I have got an offer letter from accenture with 10lpa + variable. The role is of senior analyst in technology side.
My current compensation is 6.5 and manager ia saying that they will promote and increse my salary.
What should i do? Please suggest.

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Hi fishes
Can anyone from Infosys comment on avg hike per year?
Role - lead consultant JL6
What is the max they can offer for this position as per your knowledge?

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I have the offer from Cognizant of 14.92LPA and DOJ is 21 feb.
Now, I have counter offer of 20LPA from @bluepi and 16.5 LPA from Tata Consultancy

How and when should I approach to cognizant HR for get the best offer.
PS: Looking to join cognizan(CTS) only.

YOE: 8.8 yr

Thanks in advance!

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Hi, what salary can be negotiated for 6+ overall experience & 4.5yrs of experience in DS role. Education is BE, MBA. Current CTC is 9.9L. Thanks in advance.

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Hi All,
When will the revised salary letter gets released??

like
likefunnyuplifting

Which Company should I join and Why?
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2. Tech Mahindra - 14 LPA

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Does anyone know the Manager and Senior Manager salary bands for Global Mobility Tax in London at Vialto Partners, EY, KPMG & Deloitte? Also would be great to know what the typical sign-on bonus is for these grades. Thanks

likesmart

Hi fishes,

I got progression and now I am a S3 in EY GDS, Financial Risk Team. Bangalore

As S3 is also internally called as AM level, how much salary hike can i expect? I got EC as rating this year and have 5 years of experience.

Current salary 8LPA Fixed.

Thanks!

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Working as CAL Manager with Accenture S&C India. Offered ~GBP 76.5K (fixed plus flexi) at Manager Grade by Deloitte London.

Prior to Accenture, I have already served as S&O Manager with Deloitte India for ~1.5 yrs - so this would be my second stint with Deloitte as Manager "again".

2 questions:
1. Should I ask for Senior Mgr (AD) grade - to which they have already said NO
2. Is GBP 76.5K sitting at the lower end of M grade in Deloitte UK? What should be a good expectation for the role

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Thoughts on Optum Advisory Services vs Guidehouse Public Health teams? Any info on comp comparisons for SC?

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What should be my expected salary for SDEIII(SDE3) in Walmart
YOE: 3.5
Current Organization: SAP
Current compensation: 13.6 LPA
No other offers in hand

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When I negotiated my comp, all my discussions were around me being a junior and I only accepted my comp for that reason (would not have accepted if I was step above junior since it was low). Negotiations happened with HR, but my offer letter and documents never mention junior (but I have proof from HR saying I am a junior). How do I approach this with my boss as I’m not sure she’s aware I’m actually technically a junior? Revolving around asking for a move up + raise

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Hi,
what will be the inhand salary after TDS deduction for 16.5 LPA.

No investments nothing.

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