Evaluate my Morgan Stanley associate offer!

New HjLdDG
Jun 4 124 Comments

I was offered 80,000k for an associate position at Morgan Stanley...Is this low? Can you really negotiate when you don't have much experience or a competing offer? I'm at this point in it for the experience but at the same time I don't want to be lowballed.. I would appreciate all the advice!

Edit: Sorry, meant 80K! Haha.

comments

Want to comment? LOG IN or SIGN UP
TOP 124 Comments
  • CrowdStrike / Sales Mr. Big
    $80M is pretty good for an associate...
    Jun 4 1
    • New mLKjr85
      He's gonna be Jim Gorman's personal fluffer
      Jun 5
  • Symantec HRmgr6
    $80M is low, get a competing for $100M
    Jun 4 3
    • Amazon anw2Bwm
      80m sounds like an intern offer. I remember working at Facebook and getting 10% of the entire Facebook company every year in stock bonus
      Jun 5
    • Nvidia / Eng
      Nsgl08

      Nvidia Eng

      PRE
      Adobe
      Nsgl08more
      talking about Zimbabwean dollers?
      Jun 5
    • Google / Eng L7 👁️
      Come on, any one with an iota of self worth will only be talking in namibian dollars, not Zimbabwean 😮😁🤪🤪
      Jun 5
  • Intuit Intuit
    80000K = $80000000?
    Jun 4 3
    • Indeed mrsatoshi
      No, 80000K is 80000000. There was no unit specified.
      Jun 5
    • Amazon 669
      Can you add some commas.. I’m feeling dizzy just from counting all those 0s..
      Jun 5
    • Indeed / Eng on 🔥
      669, are you American?
      Jun 5
  • BlackRock / Eng saywat
    Take it man 800000k is super awesome!!! Good for you !
    Jun 4 2
    • SpaceX / Other
      muskytaint

      SpaceX Other

      PRE
      Google
      muskytaintmore
      No dude it is not 800million, it is 80 million. Op should stall and try to get competing offers
      Jun 4
    • BlackRock / Eng saywat
      Sorry got carried away with all the zeros 🤯
      Jun 4
  • Intuit Indiv. #1
    Why on earth did the Blind app send me a notification for, of all things, a s**tpost?
    Jun 5 8
    • Navy Federal Credit Union / Eng masti
      UPS needs devs too, not everyone is a driver.
      Jun 5
    • Salesforce Tsark
      ^^ that would mean Uber has devs too?
      Jun 5
    • Facebook
      B13captain

      Facebook

      BIO
      New grad with 10yoe
      B13captainmore
      I’m sorry this happened to you
      Jun 6
    • New EfCB87
      I was a dev at UPS that’s why I commented! Just never saw anyone else from there.
      Jun 6
    • Indeed lndeed
      lets make our own app
      Jun 11
  • Flagged by the community.

  • Amazon sde_3
    Tbf if you can't distinguish between $80K and $80M you're lucky a bank will hire you at all.
    Jun 5 1
    • Facebook / Eng
      deepanalys

      Facebook Eng

      PRE
      Facebook
      deepanalysmore
      Probably gets paid 80k cents
      Jun 8
  • Salesforce Tsark
    How are we supposed to evaluate an offer if you don’t tell
    1. Location
    2. Years of experience
    3. Current TC, if not new grad
    Jun 5 0
  • Match DOgR88
    $80k for zero experience as an associate? This shouldn’t be a topic.

    My first tech gig was for $30k/yr.

    Just an FYI, you will cap out quickly. You’ll not retire early in this field; unless you live in a shed in KY. Get over it.
    Jun 5 2
    • Facebook / Eng Expossible
      This is Blind so anything less than $500K TC for a new grad is lowball.
      Jun 5
    • Google DocStrange
      ...wth? It’s easy to retire early in this field. Your first tech gig being either a million years ago or doing tech support isn’t relevant.
      Jun 6
  • Google
    AIMLOK

    Google

    BIO
    I once served 5TB
    AIMLOKmore
    Does it come with bananas?
    Jun 5 2
    • Morgan Stanley jumpornot
      Sadly banana is too expensive!
      Jun 5
    • Amazon MsSanchez
      Hey banana is OUR thing!
      Jun 6
  • Snapchat eeXB43
    80M? low ball offer.
    Jun 5 0
  • Amazon dhydbaa
    omg 80M ?this is an associate job for MS or for Trump?
    Jun 5 0
  • Datto, Inc. Klokov_v2
    Location?
    Jun 4 1
    • BlackRock / Eng saywat
      Utopia I guess !
      Jun 4
  • Flagged by the community.

  • Facebook madmoney4
    Try to be in tech if starting your career banks are really worse no respect for devs
    Jun 5 0
  • Facebook / Eng aizu
    Morgan Stanley new grad offer is now 100k
    Jun 5 1
    • Uber saAP8D
      wOw when did they start paying the big bucks
      Jun 6
  • Amazon dataiq
    Don't it is dead company if you are in Tech. Most of the engineers are contractors from India no coding standards, process or what so ever. I would keep it as last option.
    Jun 5 0
  • Goldman Sachs
    123Thisguy

    Goldman Sachs

    PRE
    JPMorgan Chase & Co.
    123Thisguymore
    OP come on man give us more details. Tech or no tech? If no tech, back office or front office? What location? These things make a huge difference. I'll say from industry standard 80k is mid range for associates in secondary locations, which also usually means back office
    Jun 5 7
    • New / Ops
      tooQ10

      New Ops

      PRE
      Rakuten USA
      BIO
      Obligatory: YoE 20, TC 41k. Such is life for us non-SWE office monkeys!
      tooQ10more
      Tokyo, Japan. I've been making 367,000 yen per month since the 2009 crisis.
      Jun 5
    • Goldman Sachs
      123Thisguy

      Goldman Sachs

      PRE
      JPMorgan Chase & Co.
      123Thisguymore
      What do you do in back office and who do you work for. Seems low for tko. Isn't is like crazy expensive there?
      Jun 5
    • New / Ops
      tooQ10

      New Ops

      PRE
      Rakuten USA
      BIO
      Obligatory: YoE 20, TC 41k. Such is life for us non-SWE office monkeys!
      tooQ10more
      I work for Rakuten, a big supposedly-internationalized company with all kinds of sub-companies in various fields. My team does securities trading settlements and data reconciliation and that kind if thing.

      Salaries start at 300k per month here. Tokyo is nowhere near as expensive as NYC or SF, particularly real estate, though the quality is lower. The streets are safe and clean. Work hours are long and bullying is rampant. So it has its ups and downs.
      Jun 5
    • Uber kjjl
      tooQ10: why not work for a foreign company (one of the bigger banks for example)? They should be able to pay much more.
      Jun 5
    • New / Ops
      tooQ10

      New Ops

      PRE
      Rakuten USA
      BIO
      Obligatory: YoE 20, TC 41k. Such is life for us non-SWE office monkeys!
      tooQ10more
      There are only so many foreign companies, and in this era of 200 resumes leading to 20 phone screens, to 5 on-sites, to 1 offer, I can't imagine ever getting hired by one of them.
      Jun 6
  • Compass KeXR56
    If you are a fresh grad, what you should be looking for is gaining experience. Worry about TC later. There are plenty of startups in NYC. Do your research and join one where you think there is a mutual fit. Even if you are interested in finance, a large company like this will treat you like s### and all you will do is write sql all day long.
    Jun 5 6
    • Amazon MsSanchez
      Sounds reasonable to me
      Jun 6
    • Chase / Eng ミ●﹏☉ミ
      Not only it's a bad advice, it cant be applied in banks as it will for sure take your creativity away and at one point I'll be stagnant. If you don't know how to code and I mean literally, then yes join it. You'll learn to code in a prod world somewhat. After one year resign and prepare for an interview for better prospects. When you grow old, due to all the responsibilities it gets harder to prepare for a better position. I would highly suggest you do it now.
      Jun 6
    • Compass KeXR56
      Being creative and working for a big bank like chase are oxymoron IMHO.
      Jun 6
    • Compass KeXR56
      Most programmers in big banks rerun jobs, run sql and do jdbc open, execute and close all day long is what they do all day long. You will get highly experienced at playing politics and becoming an oracle sql expert.
      Jun 6
    • Chase / Eng ミ●﹏☉ミ
      I agree with your first point. 2nd point is debatable
      Jun 6
  • Amazon su
    80,000k!? Eighty-thousand thousand is a lot.
    Jun 5 3
    • Intel wIFr32
      May be you didn’t see/read the edit. It’s 80k 😅!!
      Jun 5
    • Facebook / Eng
      deepanalys

      Facebook Eng

      PRE
      Facebook
      deepanalysmore
      It's kilometers not miles
      Jun 8
    • Uber didify
      Ahhh now it makes sense
      Jun 8