I am trying to jump to a front office team and wanted to know how good they generally are ? what kind of work the team has and whats the culture in front office. is it a great place to be for career progression ? help out pls.
There are different FO roles - IB, S&T, IM, PE, wealth management. FO experience is definitely good for career progression, esp. with Morgan Stanley brand name but it's competitive. Best to start talking to your couterpart first (e.g. if you're supporting the derivatives desk, start there). Good luck.
Morgan Stanley is not homogenous. What line of business? What type of FO role?
If you are asking for the team, its risk and pnl. And the role is developer.
Risk and P&L is MO... but better than BO if you're coming from there
I had an offer, the offer was so low for NYC
Can you share details ?
80k a year in NYC at the office in Wall Street
FO is fast moving development, and everyone is above par comparing non FO. You will learn a lot
What does it mean by earning a lot ? You mean bonus ? And do you have any ballpark numbers for Morgan Stanley who is starting at the firm ?
First of all, it won't be as much as tech. Associate , TC up to 220k, know someone VP, TC up to 325k, know someone ED, TC up to 450k, guestimation MD, no clue. This is fixed incoming e trading
I'm a front office WM ops manager. Feel free to direct message me.
Don't waste your time
What do you mean?
FO Risk and PNL at MS has excellent reputation. Is it IRD or Equities?
IRD.
Hard
Please elaborate