Hi there,
I'm a recent math (pure, not financial) M.S. graduate looking to start a career in finance. It's going reasonably well so far and I currently have two job offers on the table, both from big banks in a large city. Bank A is offering me a six month internship on the front office trading floor at internship pay and with no guarantee of a full time position afterwards. Bank B (which has roughly the same size and reputation as Bank A) has made an offer for a full time junior position in risk management at 50% higher pay than Bank A's offer and with no contract limit.
Coming from someone with zero prior experience in finance and no idea of what the future possibilities are, would I be making a mistake by choosing the higher salary and turning down the opportunity to work in front office? Assume that I'm neutral about the actual content of the work I'll be doing.
I'm a recent math (pure, not financial) M.S. graduate looking to start a career in finance. It's going reasonably well so far and I currently have two job offers on the table, both from big banks in a large city. Bank A is offering me a six month internship on the front office trading floor at internship pay and with no guarantee of a full time position afterwards. Bank B (which has roughly the same size and reputation as Bank A) has made an offer for a full time junior position in risk management at 50% higher pay than Bank A's offer and with no contract limit.
Coming from someone with zero prior experience in finance and no idea of what the future possibilities are, would I be making a mistake by choosing the higher salary and turning down the opportunity to work in front office? Assume that I'm neutral about the actual content of the work I'll be doing.