Hi All,

I’m 29 years old, CFA Charter-holder with 6-years of experience 2-3 years buy side in fixed income… i’m also well trained in computer science with full stack experience and advanced skills in VBA and Python.. I’m working in Australia and trying to figure out the next best step. Let’s assume I would be getting about 125k base plus super. What would be the best move for career progression / salary? Is it better to work overseas London/New York? What would you do?

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How did u get trained in computer science and got experience? College? Oy self taught?

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For NY [I am in NY], you could probably get at least $180k base and ~40% bonus. NY has a high cost of living, but can still live a decent life with this.

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Well, once you make it to associate, base should be much higher- at least $250k-$350k, with hours more or less the same. Bonus % should rise, assuming performance is well on both fronts. If you can do the job in less time, then do it lol

NY has too high a cost of living, among other things. Charlotte is a much better choice for what you are looking for now.

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I'm in similar situation(age/experience/skill etc). I would ask for 20K pay raise every two years. My current plan is to work(keep working) in AU banks/super/funds in this order, until reaching career ceiling. Then cashout in a startup/smaller shop with equity and executive role. Not sure if this is too ideal. Love to hear what people think.

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I think this is a great idea.

However, don’t wait to reach the ceiling.

What I have to share, is that if you’re afforded the opportunity now, take it and do not look back. Assuming you’re in the right organization and things look well. The sooner you do this, the sooner you will fail.

Failing is the greatest lesson we can ever have. I look at my failures as a stepping stone to understanding what I did wrong and where I can grow. There is always another opportunity. Do not let that one failure tear your life down.

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Hi - also CFA holder with 6yrs experience on the banking side, based in NYC, my advice would be to prioritize getting the right experience rather than comp or location. The money will come.

That said, I think $200K base and $300-350k TC is reasonable. I would also be mindful that most investment analyst seats will top out between $150-200k on the base with the bulk coming in the form of bonus.

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