Advice needed on Job offers!

leonliang

Hi Guys,

After my three weeks job hunt, I ended up getting two job offers.

One is Fund Administrator role in a small company and another is a payment processing administration role with a reputable multinational financial company.

I really want to get into funds but the payment role is offering more money and excellent benefits plus it would be extremly nice to put the company name on my CV....

I am really confused about which should I go for, could anybody give me advice on this?

Thanks

00112984

leonliang wrote:

I really want to get into funds but the payment role is offering more money and excellent benefits plus it would be extremly nice to put the company name on my CV....

Congrats on the job offers!

Often, these big companies rely on people wanting the "name" rather than long-term prospects/salary/progression etc. Usually, they have high starting salaries compared to the smaller organisations but, 5 years in either company should see you on parallel pay scales.

A small company will be able to give you great hands-on training and, depending on the size of the organisation, an overview of the full scope of the work the company carries out- not just one department.

On top of that, if you really wanted to get into funds in the first place, you'll probably regret not giving it a go 6 months down the line.

Best of luck!

jam_mac_jam

Funds, funds and funds, more varied and much more career progression esp. in a small company where you will learn a lot more. If it is the big company I think it is, it wont look good on your CV because everyone in the financial services industry has worked there for a few months, and left...but then again maybe its not the same one. Its more your experience that is looked at anyway not the company that you worked for. Payment processing is the same thing all day.

leonliang

Thanks guys,

I think I know what I should do now, thanks for the thoughts!;)

damnyanks

When you say you want to get into funds, what exactly do you want to get into ? Do you want to manage them, research etc. etc.

Ibjiba

Unless you think the big company can offer you something very special, like international experience, I think you should go with the smaller company. There you will likely get experience in a wider variety of fields, learning by doing. In the long run, this may be more beneficial for you.

damnyanks

But he is likely to get broader experience in that particular role. If he goes for the larger company he may find it a lot easier to make an internal move for a better position.

If he is far away from his ideal job within fund management the bigger company will make moving to that position easier.

leonliang

damnyanks wrote:

When you say you want to get into funds, what exactly do you want to get into ? Do you want to manage them, research etc. etc.

Well, I want to become an fund manager eventually. But I guess I need to start from the bottom.