Thinking of switching into Finance. #help
Compensation at Banks (Chase, Goldman, BOA, Citi):
Analyst - First Year: $70k - $150k
Analyst - Third Year: $120K - $350K
Associate - First Year: $150K - $350K
Associate - Third Year: $250K - $500K
Vice President: $350K - $1.5MM
Managing Director/Partner: $500K - $20MM+
Banks are building tech products now and paying a lot more for same years of experience. Anyone have thoughts on work life balance or thoughts from their experience? Or even anecdotal stories?
I'm level 67 (at $460k) but have been interviewing to take on a Vice President role at Chase (Recruiter has given a preliminary figure of $650k, possibly more depending on the onsite). It wouldn't be an increase in responsibilities and it sounds like a lateral jump but increase in pay. Send your opinions please?