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Offer of $110k - Questions

 
Greenhorn
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Hello,

I have received an offer of �60k ($110,000) from a London based bank in the city for a Java Developer role. I'm 22 and have just under 2 years experience but with no background in finance. My questions are: What is the career progression like at investment banks, and will a non-finance background hinder my development?

Thanks.
 
Ranch Hand
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I haven't got an answer for you, but you have an offer of a high salary for someone who is so young and inexperienced. My feeling is that to survive, let alone prosper, you must not be surprised if you are required to work very long and hard hours.
 
Ranch Hand
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Hi A. Patel !

I have received an offer of �60k ($110,000) from a London based bank in the city for a Java Developer role. I'm 22 and have just under 2 years experience but with no background in finance. My questions are: What is the career progression like at investment banks, and will a non-finance background hinder my development ?

I don't want to put you down, but such salary is not so high because London is awfully expensive. It seems standard wages for such role in London, so don't bother about the salary, rather bother about experience to acquire in finance for it is very interesting for your future if you succeed in this field.

Best regards.
 
Roger Chung-Wee
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It may be standard wage in the City of London (which is not the same as London city), but it is definitely not standard anywhere else! In that square mile of the City, it is well-known that many people need to work very hard to justify their high earnings. I don't want to put anyone off, this is just a fact of life.
 
Ranch Hand
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Hi Patel! Congrats for your new job in London..Go ahead and take it it will be a great experience..

Just for curiosity!how did u manage to get a job in London..Did u approach any consultanta? or did you apply by yourself?Do say me..Probably it will be usefull for others who want to go abroad..
 
Ranch Hand
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A. Patel may be a resident/citizen of UK. I wouldn't assume that he is an Indian from India just because of his name.
 
Ranch Hand
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Actully number of Patels outside India may be more than their counter parts in mother India.!
 
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A. Patel,
I feel the salary offered is quite high given your background. Why don't you give us more details as what the role demands of you? Is this position on contract or a permanent one?
 
Ranch Hand
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Originally posted by A. Patel:
Hello,
I have received an offer of �60k ($110,000) from a London based bank in the city for a Java Developer role. I'm 22 and have just under 2 years experience but with no background in finance.



My first reaction
Second one, Wow!....I must admit getting a job with that kind of a money at the age of 22 is just a dream job to many! Not many people could get such a job with so little experience!

Coming to ur question, I don't know the answer as I do not work in the finance industry. But since you seem to be a guy with great potential, I have no doubts that you can easily get a finance degree if you study part-time. Good Luck!
 
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