Amazon vs Bloomberg (new grad)

New MwYh38
Nov 15, 2018 29 Comments

I currently have full-time offers from Amazon (in AWS) and from Bloomberg, both for new-grad Software Engineering positions. Here are all the pros and cons I've gathered so far, both from my perspective and from browsing through here:

Amazon: 108k base + 44k signing (over 2 years) + 70k RSUs(5/15/40/40 vesting schedule)

Pros:
- More prestigious
- Most of the world uses AWS, so probably cooler projects to work on.

Cons:
- *The hiring bar, at least for new grads/interns seems to be reaaaally low. I got a full-time offer by just completing an online assessment and explaining my online assessment code to someone over the phone in a 45-minute interview.
- The pay is less than Bloomberg, and their stock vesting schedule isn't the best.
- Tons of stories about work-life balance being a nightmare, but I've also heard that this is highly team dependent.

Bloomberg: 135k + 15k + 10k relocation bonus

Pros:
- They're offering me more money than Amazon
- Everyone I've talked to seems to love working there, and work-life balance is amazing there.
- Amazing office, free snacks, soup, and dinner (it's a gimmick, but this starts to add up when you eat as many snacks as I do :) ).
- They have a structured three-month training program, and we get to pick our teams afterward.

Cons:
- They seem to have a pretty sizable amount of legacy code and projects in which the skills I would gain by working on them wouldn't be really transferable.
- Less prestigious
- The projects from which I get to choose probably aren't as cool as those at AWS
- There are no titles, so I have absolutely no idea how career progression here works.

During this recruiting season, I was rejected from the big companies (F, G, etc.), but I came pretty close so I may be trying to move up again in a year or two. I probably won't be getting most of the Amazon stock if I go there and I succeed in this goal. For that reason, I'm leaning towards Bloomberg right now. Here are my biggest worries right now and I'm wondering if anyone here would have anything to say about these:

- How accurate is my assessment of these two companies? It would be amazing if somebody who worked (or interned) at both could pitch in!
- How big is the difference in prestige between Bloomberg and Amazon?
- (Bloomberg specific) How does career progression work at Bloomberg? How does the yearly growth in comp compare to Amazon?
- Just speculation at this point, but if I do decide to go Bloomberg, would converting Amazon to an internship be a good move (if anything, to offset the difference in prestige)?

Sorry for the long post -- I've been thinking about this for a while and I wanted to make sure I make the right decision for myself. I also wanted to include everything I've gathered so far so as to help anyone else who may be in my position. Thanks for your time :)

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TOP 29 Comments
  • Lyft crossfire
    Bloomberg seems better all around. You can switch to fang soon and they all have offices in NYC.
    Nov 15, 2018 2
    • New MwYh38
      OP
      Thanks! Isn't Amazon technically a part of fang though? I'm just unsure whether Bloomberg will be a huge drop in prestige compared to Amazon.
      Nov 15, 2018
    • Bloomberg MSGSlayer
      Bloomberg is not much less prestigious than FAANG. I get recruiters messages from FB, Amazon, Google.
      Nov 15, 2018
  • Amazon Lollllll
    I’m sure you will earn more at Bloomberg. However, AMZN is better in terms of career opportunities. I received offers from both, and chose AMZN.
    Nov 15, 2018 0
  • New / Eng @!!!!
    I have the exact same numbers for Amazon. I am going somewhere else with 30% higher TC (not G/FB). And I agree the bar to get in is super low at Amazon (for new grads), which is also why I don't want to go there. Btw, how do you already know which team you will be joining. I was told I will get teams assigned after I accept the offer.
    Nov 15, 2018 2
    • New MwYh38
      OP
      My offer letter said AWS on it. I believe it's its own org within Amazon?
      Nov 15, 2018
    • New / Eng @!!!!
      Okay. My letter says Amazon.com services. I guess it's for the retail arm.
      Nov 15, 2018
  • Bloomberg MSGSlayer
    If you are young and single than living in NYC is way better than Seattle. No comparison here.
    Nov 15, 2018 0
  • Microsoft tGlP27
    Bloomberg, both companies have cool projects, go to the place where you sound like you'll be happier. If you bounce and switch companies within a year it doesn't really matter anyway
    Nov 15, 2018 0
  • Same position as you. I managed to get 10k more out of Bloomberg without a good competing offer.
    Looks like I’ll be taking Bloomberg.
    Nov 15, 2018 3
    • New MwYh38
      OP
      Woah, that's amazing. How did you manage to negotiate that?
      Nov 15, 2018
    • Was honest with the recruiter.
      Told her I needed more because I am moving to a new city where the cost of living is way more than my current city.
      That’s it
      Nov 15, 2018
    • New MwYh38
      OP
      Thanks so much, I'll try to negotiate too!
      Nov 15, 2018
  • EMC ganddoo
    Amazon . Bloomberg is shit
    Nov 15, 2018 1
    • New MwYh38
      OP
      Care to share some reasons why?
      Nov 15, 2018
  • Amazon awssdm
    Stop worrying about prestige and worry about where you will learn more. The new grad bar is indeed fairly low. That’s why there are so many angry people on blind complaining about being managed out in a year.
    Nov 15, 2018 0
  • Deutsche Bank / Eng Floc
    Join Bloomberg , enjoy NYC but don't stick to it for a long time - change after a year
    Nov 15, 2018 0
  • Google milkman23
    What's the offer for both?
    Nov 15, 2018 3
    • New MwYh38
      OP
      Bloomberg is 135k base + 15k first year bonus + 10k relocation bonus.
      Amazon is 108k base + 24k first year bonus + 20k second year bonus + 70k RSUs over 4 years (with a 5/15/40/40 vesting schedule).
      Nov 15, 2018
    • New / Eng
      Gay-ramesh

      New Eng

      PRE
      Starbucks
      Gay-rameshmore
      Wow, when did you get this offer ? RSU’s seem exceptionally high for a new grad. I was offered 50(5/15/40/40) units an year after I graduated
      Nov 15, 2018
    • Microsoft tGlP27
      Bloomberg will easily give 50k more for signing bonus if you push the issue
      Nov 15, 2018
  • Boeing / Ops Airbus
    Make it shorter
    Nov 15, 2018 1
    • New MwYh38
      OP
      Just shortened it as much as I could while keeping everything I wanted to ask. Sorry for that!
      Nov 15, 2018
  • Amazon cLdC56
    Of course Bloomberg! No brainer! Most new grad who has never worked at Amazon will be lured by so-called prestige of Amazon?! are u kidding me? So laughable. I’m so grateful that I interned at Amazon and realized the true face of Amazon for new grad. As you said the hiring bar is soooooooo low, why? Because Amazon needs lots of people. Because there are soooooo many new grad, you’ll be treated as literally trash without as respect. No pain, so gain. Amazon hires you with such low cost, how could u expect to be treated well? You are always replaceable as L4. Think about the hiring bar of Bloomberg for new grad, sure you’ll be treated as human being and assets. But I agree Amazon has better tech and its good choice to jump to Amazon as SDE2, but not as SDE1.
    Mar 23 0
  • New / Eng @!!!!
    Did Bloomberg not offer a signon bonus?
    Nov 15, 2018 2
    • New MwYh38
      OP
      Nope, may try to negotiate a sign on bonus though!
      Nov 15, 2018
    • New / Eng @!!!!
      Yup definitely. Signon is a standard component for new grads at least. And you have a competing offer as well. Also, I would suggest Bloomberg.
      Nov 15, 2018
  • Uber / Eng
    meowimacat

    Uber Eng

    BIO
    Im a cat! 🐈 Meowww... Fancy feast is my favorite kind of kibbles 🐱
    meowimacatmore
    Is Amazon in Seattle and Bloomberg in NYC?
    Nov 15, 2018 1
    • New MwYh38
      OP
      I'm pretty sure, yeah
      Nov 15, 2018