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I have recently joined EY SaT group as senior consultant recently in Netherlands. I’m tripple masters in MS economics, MBA and MS business analytics. Have 4 YOE in different industries but no M&A experience specifically. Any ideas what company should be offering me? I’ll be working as expert on commercial due diligence, FDD and valuation teams and doing automation alongside. is it wise to demand higher salary or promotion soon after I have proven that I can work and do it better than most?EY
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Honestly who can tell. Plan is IB but with banks cutting bonuses the whole ROI map got fucked up hardcore
This year is a rebound year, bonus is getting back to normal
2.5 to 5 years
It depends but heavily suggest keeping cost low and paying it down rather than waiting till $200k+ salary to do so
It depends on so many things things: amount of loan, type of job after school, lifestyle and expenses, loan terms (eg high interest gov’t loans vs lower interest SoFI etc). You had to think about what you want, what you are comfortable with
I’ll share my story — Went into consulting after my MBA and having almost 200k in loans. Paid off in ~4-5 years by: (1) refinancing loans to cut interest rates, (2) paying more than my minimums, (3) using bonus money.
I lived in NYC so had high cost of living, went out etc, traveled internationally each year (things I valued). I found a balance that worked for me. All of my extra money went towards loans (vs additional investments).
My biggest reflection would be to take out lower loans (save more pre school).