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I have 2 offers, one from JPMC ( LOB IS Consumer and Community Banking) and the other from Wells Fargo. Both are giving similar roles, and exactly same pay. Location is Hyderabad. I tried for revision of pay but it didn't work.
Could anyone help me understand which one is better to join in terms of hikes, technology used and work life balance. I have to join on Tuesday, 16 Aug.
YoE - 16, Tech stack - Java Microservices
JPMorgan Chase Wells Fargo
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Larsen & Toubro Infotech Capgemini - 27 CTC + 1 JB, C2 Manager
Larsen & Toubro Infotech - 27 CTC + 2 JB , P3 Specialist - Cloud Software and Services BU
Yoe - 7 Tech - .Net
Looking for Job security with long term stay and WLB and good learning exposure.
How would be work pressure and responsibilities pressure in both ?
Confused because Capgemini is providing Manager designation which is some high as per me experience.
I have only 2 days remaining to join. Kindly help 🙏
Wanted to highlight Prudential Financial’s hiring practices. They rescinded my offer once I attempted to negotiate the salary. The official reason given was that I didn’t “sound excited enough”.
They then admittedly gave the offer to someone who was less qualified. There were other red flags throughout the job offer process that the HR team should overall be ashamed of.
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If money is the goal, you should leave and get an MBA at top 7 B school. Otherwise you may end up coming back to EY’s PI practice.
probably easier to just go to business school
Can you go through EY? Get your Exec MBA. You will need a lot of Partner support to make it happen in this margin focussed times. In terms of money, PPED money is great, and the pension plan is a big plus. But 5% make it and if you are a M1, making PPED is about a good 10 years and PPED money about 15 years away.
On the other hand SM1 is spot on with the opportunities from the big schools. Yeah may be these guys had strong IB type roles but you can get some really good roles and great packages. I would attend the school events, especially the ones where students and alumni is involved. If you think you want more, do more extra curricular at EY now. Something is better than nothing. Remember to take a fine comb through your experiences, it will help you understand what sets you apart. Good luck!
@EYOP what practice? That matters. Do you hate the work you do? That also matters. I'm in the same boat as you thinking about exit but not sure what other people are talking about with money. Sure you might make more short term post MBA, but the pension here is legit (not sure what EY is like). I did the math and my pension would be north of 400k if I stayed until retirement. That's some nice $$$ right there. And if you're a solid revenue generating partner you can see north of a million per year. Pretty sure the partners in my office all make 700+.
If you do leave, top 7 is the way to go. But there's no guarantee you get a sick job post MBA either, it takes a lot of skill and networking, or solid connections, to get jobs like that.
I am IT audit. I don’t hate it, but I am ready for something new, whatever that means really. I was thinking those 200k numbers are on the high end so agree with your point that it takes a lot to get those kinds of numbers. I looked up average starting salary of top mba grads and it’s 120-140 ish, which honestly I am not sure is worth it if I am going to forego two years of salary and also pay two years of tuition. I also looked up post mba salary’s and (4-8 years) and the numbers are still in the 160-180. And I am sure the hours for those mba jobs are going to be just as demanding, but idk
To get even a sniff at top 7 you need to have basically your entire roadmap planned out on why you want it and what you want it for from what I've been told. Coming from public accounting won't be good enough background on it's own because we're dime a dozen. What do industry exit opps look like for you and what do you want to do?
I am a 20 year SM and don’t have an MBA, only a measly CPA. I bring in 200K in a mid sized market. Maybe that is not enough for you. Early on in my career I chose to go into a niche practice area and have a tremendously balanced life. You don’t need an MBA to be well rewarded in this industry, you just need to be strategic.
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What EY 1 said ^
Does it change your perspective, if I am already 5 years in, a manager, and make 120? that’s when I would be able to go to bschool anyways
No. I am 10 years in , SM and thinking I should have done that years ago. For clarity, i have 2 former colleagues in MIT and Darden. They both got offers with Prudential and DeutscheBank for $220 & $240 and $40k sign on bonus each.
I am discouraged looking into getting into the top B schools. I haven’t done anything to make me stand out amongst the crowd, other than worked and supported myself since i was 16...will they take pity on me lol
Research typical attributes that these top schools require... join some online MBA communities, go for MBA fairs/ events ( i attended one Feb last year ) . I know other activities outside of work is considered; like volunteer work, social responsibility type work, activities that support diversity and inclusion etc. Goodluck!
@EY3 what practice are you? Tax, audit? What Industry, if you don’t mind sharing