Title. Are there opportunities to move into both higher level individual contributor positions as well as management? Specifically I’ve heard that in finance there aren’t the same opportunities to move into management as exist at FAANG but wanted to see if anyone has first hand knowledge to verify this.
Depends on how you look at it. Team size is usually smaller, so there are more managers relative to the number of ICs. And since the companies are smaller there may be more flexibility to start a new team if you create a project that does well. On the other hand, the companies tend to grow more slowly and have less turnover, so it's less likely that you'll just fall into a management position.
There are opportunities to become first line managers, my belief is it’s easier to move into that at TS compared to FAANG. But if you are trying to get to director or above there are much fewer opportunities.
Thanks for the insight!
In tech, I see the sustainable long term goal to get into management and try to get to director levels because my impression is that it’s hard to keep up as and grow as an IC later into your career. What’s the sustainable model for being in finance? Is it just more common to see people remain closer to ICs or do people jump ship to smaller firms to take on director roles when they become more senior?
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TS has the same dual IC and management tracks
Is there a terminal level and Up-or-out?
Not from what I've seen.