About me:
25 years old
I live in Salt Lake City, UT
Living in parents basement for free
Getting my masters in finance (graduating spring 2017)
Working in corporate finance for 6 months
Current salary: $60,000
Job Title: Cost Analyst Level 2
Average MSF grad salary: $80,000 (I've talked with counselors, they say this is probably closer to $70,000; they are using statistics to make the illusion that their degree will get you fat salaries)
I've come to a couple opportunities at work... Would love any input!
Options:
#1. Rotational Development Program: 3 year program. I would work in a department for 6 months then switch to another. 6 departments, all finance related (contracts, pricing, cost analyst, accounting, earned value management, something else I can't think of...). Sounds pretty cool right? They talk about all the networking I would do, and that I would be wanted at the company after the 3 years.... THE KICKER IS I WOULD NOT BE ABLE TO GET PROMOTIONS DURING THIS TIME! wtf. They claim I would jump from a level 2 analyst to level 4... But talk is cheap? (I expect level 4 make $90k)
I expect to become a level 3 analyst within 12 months... Which I imagine would be a $10-$15k bump.
#2. Temporary Relocation: 1 year program. I would go to Melbourne Florida. They would pay me an extra $21,000 for housing for the year (also 12 round trip flights back to utah, whenever I want.). Quickly looking I could find a studio apartment for $800 a month. I like this plan... Especially how I would spent less than $21,000 to pay for rent and such.. This would allow me to gain promotions during/after the program too.
#3. Continue my current job. In my team, we have two level 3 analyst who just left (switched departments). This creates an opportunity to absorb as many tasks as possible, which could help me provide reasons why I deserve the promotion.
Thoughts? Any tips/help would be greatly appreciated!