Hii all,
I recently got offer from ICICI Bank for the role of Market Risk.
I have completed my MBA Finance from NMIMS Mumbai and also CFA L1 certified.
I have total 3yrs workex (around 5 months post MBA), no prior workex in Risk. Currently working in Business Analyst role with Accenture drawing a CTC of 12.1 LPA.
What should be considered a reasonable offer for ICICI as I would be leaving Accenture in less than 6 months and also switching role from BA to Risk.
Salary discussion is still pending

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works at
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For such role, 20l is something you can target.
Also in current market,BA or product manager is a better role than market risk. I have done both, you could ideally work for a startup and take stock options, that's more lucrative

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Thanks mate for the info ... Risk was one of the target roles that I was aiming for before getting into MBA. So even if the offer does not provide a good hike as of now, I would be ready to accept it since I'm no longer interested to stay in IT. I was just trying to get a ballpark number for negotiation for HR round.

Hey as suggested earlier i think 20 lpa is a good target. Also just be ready to work in Indian banking culture you heard from your friends. However there are intelligent people in Icici from good colleges. If you endure their culture for 2 years then you may move to foreign banks. Its absolutely fine to move from BA to BAU function as per interest which is more domain centric role.

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Even if you feel to come back to BA after some period, dont think there should be an issue. There is good demand for market risk BA in foreign banks always. You can take change BA role later on also.

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Thanks a lot for your feedback

I know you'll ignore my advice but I'll anyway say it. You're making a huge mistake. Don't switch away from IT especially to companies like ICICI. Work culture and overall life is so much better here.
I also was looking to switch from IT initially after MBA but later only did I realise what a huge mistake it would have been

Work life balance in ICICI is good. Post 7/7:30 PM, people won't even pick up your call and you won't get a call after 7/7:30 PM

Also send me your resume if you really want a risk role itself and have some time at hand

Yeah.. get stick options in startup and work UT off, or get into an mnc and settle

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