Anyone here ever worked at a university endowment? I feel like I am fairly familiar, read through Pioneering Portfolio Management and work in buy side equity research now. Pluses/minuses?
Here is what I am thinking:
Pluses:
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free classes. Good if you work at a decent school’s endowment and if they have a part time or executive MBA program.
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free classes for kids. Good with the same stipulations as above.
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Decent work/life balance, whatever that is.
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Accountability to a sole client (the board) means you can focus more on actual work than “optics” and “putting out fires.”
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Presumably you can feel somewhat good about what you are doing, as opposed to being asked to sell snake oil half the time.
Minuses:
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less pay
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potentially less upward mobility
What do youse think?