Currently a consultant, I have an offer for a trading job that will lead me to x5 times the disposable income I currently have. I am worried about career progression. Should I pivot for the money?

like
Posting as :
works at
You are currently posting as works at

5x times??? Is that you are underpaid or what

like

What country do you have in mind?

Trading is completely different to your McKinsey consultant role. 5x seems to be somebody’s guess. I wouldn’t go about this choice this way. I will validate spending sometime trading or even setting up dummy trading account so you don’t lose your money in the process.. and only when you like move into trading as a career option. To me trading is a very operational job compared to shaping client strategy at McKinsey. I am concerned you are even considering this.

like

Ok, fair enough. Worth thinking through then..

Why worrying about career progression if that’s what you wanna do?

like

I have no experience in trading - I am not sure that this is what I want to do. I am really tempted by the salary, If I was to have the same salary I have now I would not go.

Is it going to be execution trading in banks/asset managers or proprietary trading in funds/market makers?

like

energy trading

Curious, is that 5x bump partially/mostly commission based? Just be wary since commodities (energy) trading definitely has its highs/lows.

But other than that, someone coming from the trading floor, you make your own career progression. There are a lot of transferable skills you learn and sharpen, so it’s really up to you in how you want to position it in the future

Business development if you stay in trading long enough to know tools and processes

At 5x my current salary I’m not sure I’d care about career progression, as I’d be retired before it became an issue…

Keep in mind that I am starting with very low disposable income

Are they going to teach you how to trade?

Yes

do it, you dont want to look back and think what if?

Related Posts

Hi Fishes, I am really interested in product management and want to switch my role from risk analyst in a product owner/product manager role.
How difficult it is to do in amex? Its been half a year since I joined amex and I am planning to talk to manager after completing one year.

Can someone please suggest me if this kind of switch is possible? And how should one go about it

Any advice would be helpful

like

Does anyone think that UK Consulting significantly differs from US Consulting? For instance, there seems to be far less emphasis on an MBA in the UK for career progression

Perspective. I’m retiring from the service and I’ve positioned myself decently to be competitive. I have a graduate degree pursuing a doctorate, LSSBB, ScrumMaster, SPHR, and PMI-ACP. I’ve been offered two positions that are great and on the human capital team. For someone in this situation where should I be looking as commensurate with my certifications and experience?

like

Are Google , IBM , Meta learning certificates, worth it? Do they really impress employers? If had an IBM data science certificate without any experience for example what type of role can expect or should I expect any?

like

Hey all, having issues with interviewing this year. I’ve been passed over every opportunity I really want and I’m unsure how to regroup and move forward. I’m really trying to break into method development roles and I haven’t had the opportunity to do so with my analytical experience. A lot of my HPLC and LCMS experience is with already established methods. Any tips?

like

I am currently in Wipro having CTC as 7.8 LPA.. I have got an offer from TCS which is 11LPA.However, my Basic Pay/Fixed compensation is getting reduced from my current base pay in the new offer and also the HRA is getting reduced. The HR is telling that the basic is fixed as per policy and they cannot change it. The base pay is less but there are several other components which are higher. Should I take up the new offer? Please help. Will the reduction in base pay impact my career?

like

Hey sharks,
How to get into freshers data science role as a non-tech professional?

like

Can anyone provide some guidance to taking the CFE? As in which membership option to choose from followed by when exactly can we take the exam, if the entire amount is reimbursed or not? Just a generic timeline and additional required info. Don’t want to sign up yet if the exam dates are not flexible. Thank you.

like

Hello Fishes.. Does novartis asks you to do a IBM course before joining? They have asked one of my friend to complete IBM course certification before joining the org.

like

For those that didn't make it thru their
MBB interviews and were told to reapply in a year, what point did you start studying again? Did you take a couple months off or still practice throughout?

like

I have an offer form APIsero. I need to go work on Salesforce. But they are offering Mulesoft. Please suggest some ways to get Salesforce. I need to be sure on that before joining.

like

I have around 4.5 year's of experience in front end technology now I am Switch my career in to Salesforce developer is good for my career

Long story short, I burned out. Anyone who recovered from deep, deep career setbacks or failures - share tips?

like

What’s a good CISA program?

like

Hello, I have 4 years of experience between Financial decision support and pricing. However, I feel like my experience is too narrowed to how my current company operates. I am looking to pivot into consulting at one of the big4 ( for ~2-3 years)or any other consulting firm to have a well rounded experience that could be applicable to any industry. Any advices ?or thoughts ?

Ex-Big4 D or SD folks at A&M CPI, how do you feel about the switch? Would you go back to Big4? Why and why not?

like

WHAT WOULD YOU DO?

Job A - no career path upwards, high functioning team, generous benefits and unlimited time off. TC 185

Job B - clear career path, new team, chaotic corporation, but lots of room for growth and budget to hire staff. Ok benefits. TC 220

Is it a bad idea to leave public after 2 years + senior title?

I’m at a Fortune 500 company with an employee stock purchase plan but I’m unhappy with my salary and job title. I was offered an opportunity to make 30k more with the title I want with a smaller company doing the same role. I’m wondering if it’s the right career move to just jump ship…Any guidance is much appreciated.

like

Recently obtained my aPHR and I’m considering next steps in advancing my career. I am eligible to sit for the SHRM-CP presently and will not be able to sit for a PHR until 09/2023. Any pros/cons with either certification? Should I wait to sit for PHR or go for SHRM-CP now?

like

More Posts

Hello,
I had my interview with
Infosys for .net full stack developer.
It went well and i am hoping for a positive response.
Want to know how much should I expect Or at what pkg should I negotiate with them.
I am thinking of proposing 13-15 LPA negotiable.
4 YOE and 7 LPA currently
.Net full stack
Infosys

like
like

Has anyone gone to HR due to an unprofessional manager? What was the situation and what did HR actually do?

likehelpfulsmartfunny

What is your favorite productivity app? I’m needing a new one, I’ve been using Click up but don’t care for it.

like

Best website or realtor o company or way to find and buy a condo in NYC(Queens, Bronx or Manhattan), 2-3 bedroom.

like

I have been living in the same building for over 11years now and I just found a shortcut from train station to my building while I was looking for a parking spot last night 🤦🏻‍♂️

likefunny

I’m working with a manager who likes to prioritize his ideas over strategic research, I want to be helpful because it’s very distressing to watch ideas being presented without the appropriate research, any advice?

Does Deloitte India give goodies and joining kit ? Though people are posting with pics in linkedin. I have joined Deloitte. But I got only laptop and bag. 🥱🥱

like

Hi Fishes

I have 11 years of experience in PeopleSoft finance and I am looking for a switch in workday finance. May I kindly ask what learnings are must to get the workday interviews cleared?
Also Please let me know in case if there is any opening for workday where they are looking for any candidate from other ERP experience and ready to cross train on workday.

like
likefunny

Hi All,

Hope you all are doing well..!

Iam looking for a job change could anyone help me out with the job..

Current profile working with Othain software services private limited experience in Accounts payable holding 8yrs of experience.
Key roles invoices process, payment, calls, reconciliation, monthly report.

What do you guys think about apps like BetterHelp and Talkspace? I understand they might have real therapists working on their content, but a lot of the marketing I see is so vague and broad that it feels like a lie. Seems like "This app got rid of my anxiety with a 30-minute automated text questionnaire" is the new "This tea made me lose 20 pounds in two weeks!" Just seems a little fad-like and money grabby to me. Thoughts?

like

Any thought in working 3x12s a week vs a typical 5x8 or 4x10? I am working 3x12 and have to work some weekends and I am not sure if I like it. I am 25yrs lmk maybe I am just young? Thoughts?

like

Used to be able to find Weller Special Reserve in Total for maybe $30 the handle—a screaming bargain. Then it disappeared. Just dropped into a small nearby shop where they had four of them on the shelf for $45. Maybe I should go back and clear them out!

Post Photo
like

Hi Everyone,

Could you please refer me in Infosys.
I have an experience of 2.9 years in Mindtree as Devops Engineer.
Currently serving my notice period.
Thanks in Advance.

Regards,
Sravani

Will I get job if i have 3 years of career gap initially due to medical reasons
After that i have 6 years of experience

like

In automotive domain which one should I prefer as per trending technology and future scope:
1. Autosar
2.Module based design ( MBD)

Any ideas on planning a quarterly retreat for a startup? Specifically for strategy day and culture. Never planned a quarterly retreat before and is not to sure what it entails. I’ve been told agendas for retreats are very subjective to company but would like some general ideas if anyone has any!

like

I’m going to apply for my first camera operator job soon. I have a demo reel, but I don’t know how to make my resume look appealing. Can I add unrelated work if some of the soft skills required are the same?

like

Additional Posts in Career Pivot

WHAT WOULD YOU DO?

Job A - no career path upwards, high functioning team, generous benefits and unlimited time off. TC 185

Job B - clear career path, new team, chaotic corporation, but lots of room for growth and budget to hire staff. Ok benefits. TC 220

What is your opinion on online assessments as part of the hiring process?

like

I am currently in corporate finance and looking to pivot into product management. I would like to build a development plan to get there. What are the most critical skills and experiences that I should include on that plan?

like

Why is education deemed more valuable on a pay scale than experience? Employers will pay someone with a degree and no experience a greater salary, than someone who has exhibited the experience. Understanding that the degreed person committed to school and finished, yet that doesn't diminish what the not degreed has committed to and accomplished in their careers. This has to stop!

likefunny

Any Ellevest coaches in the group willing to chat about your experiences? I have a question re: whether or not I should take certain finance/Series exams. TIA!

like

Is it difficult to move without a reference. I got all the skills needed in current job market. But looks like getting a job call itself is difficult.
Or is it because of My H1B visa status.

It’s a new week!! Target to win 🏆.. Win! And keep winning!

likeuplifting

What are the top companies to work for straight out of college?

like

Professional assessment tests...

Can anyone recommend online professional assessment tests for profiling personality / aptitudes, rather than for skills?

Or can you share which assessments you've seen private equity firms using most often?

Thaaanks.

like

Anyone know how to get a position as an HRBP without HRPB experience? All positions I've looked at want previous experience. Would over 5 years of HR experience and a PHR suffice, or what skills should be added to that?

like

Hey all, new to this bowl. Currently a Tech Recruiter and eventually want to make the transition into a HRBP or HR Generalist role. Would love to hear from anyone who started in recruiting then transitioned into another area of HR. Have been thinking of either working on PHR certification or MBA with focus in HR mgt. Thanks!

like

Anyone will go offer a referral at Marqeta? Really interested in the company but no luck with applying straight to the company. Interested in Recruitment, project or program management, or other HR functions. I am pivoting from Higher Education and believe I have lots of transferrable skills.

What do you all think is the upper limit range for someone in an account manager role at a tech firm? What’s the career path? Was there anything you’ve done in terms of upskilling that resulted in increased pay? Or should I just pick something else if I want to be making more than what I make atm ~150k TC with 6 years exp.

like

Hello people, how common is a Amazon to PWC move ?
I’m interviewing for a Senior Associate role and TC seems to be more competitive than role in L5.

TC $114k- Base AMZ- $73k +$38kstocks ( vesting 17k$ due next year)

TC $135k Base PWC -$81$ + Bonuses ( 50k$)

Looking for managerial skills which the PWC role avails, and L6 promo doesn’t seem to be happening soon in current role. I’m also mentally stretched. I hear WLB in PWC is just as busy but can anyone confirm if this move makes any sense. Google Amazon

likefunny

Hi! I'm looking for a remote health and wellness position if anyone knows of companies hiring. I have experience with employee wellness, health coaching, and public health. I recently completed a master's in exercise physiology from Columbia University. Thanks!

like

Hello all, I am a production manager for a sign design and manufacturing company. I have been with the company for six years now starting as lead graphic designer working my way to the production manager. since becoming the production manager two years ago I am responsible for 4 large format printers and 1 vinyl plotter. I’m wearing too many hats but I love what I do. I would love to be a remote graphic designer but I don’t know where to start. Any suggestions?

Been in information technology/cyber security for about 5 years now. Thinking about switching to a tech sales role. Does anybody have experience with this? Was it a good/bad idea?

like

Been thinking about a career switch. Am a lawyer with top experience in energy and construction transactions and have industry specific insights and knowledge. Wondering if the management consulting firms would be an interesting place to go. Also have MBA for what it’s worth. Thoughts?

like

Do you have any advice for a career in a bank?(Position in IT)

like

If job posting pay was $36.66 hourly (no
range) what would be an acceptable offer
and counter offer?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal