help me evaluate a job offer in UK

Society Business and Career
1

how good do you think is an offer of around 40k/annum for a fresh graduate in an investment bank in london?

i have no clue about London, how good is this offer and will i be able to save any money??

2

Re: help me evaluate a job offer in UK

Audacious

some other info may be helpful

what role are you joining as. I-banks have many different groups and diff levels.

I assume you mean 40K pounds and not Dollars.

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Re: help me evaluate a job offer in UK

as a business analyst in IT of I-Bank....and yes i mean pounds

4

Re: help me evaluate a job offer in UK

As a freash graduate you are looking for a good break and a job where you can work for atleast couple of years and polish your skills. If the company offering you the job is well known brand name and that is a plus. Brand names always sells better when building your career.

I think money should not be your first concern. If you want to you can make a living on 25K if needed. The questions you should ask is this the right career move? Will I get good mentors? What will I learn? etc.

Regards,

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Re: help me evaluate a job offer in UK

Money wise sounds great, average UK graduate wage is £18k last year. London is a rat race, if you are a "go getter" will love it. Question is what do you want?

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Re: help me evaluate a job offer in UK

for that role 40k pounds/year is good.

http://www.cvscreen.co.uk/ITSalariesUK_June2006.htm

here is a comprehensive survey

http://www.robertwalters.com/resources/salarysurvey/UnitedKingdom.pdf