100k

<p>only in business...</p>

<p>what r the careers that a person can start off with 100k or around so? (at
least 60-70k)</p>

<p>now plz dun write ibank coz i strongly do not think that career fits for me..
thx</p>

<p>You would have to be a salesman and have a great first year.... not many jobs start you at 100K, except for air traffic control, some consulting, and Ibank mostly.</p>

<p>consulting doesn't start off at 100k... its around 50-65k. my friend just got hired as a consultant for deloitte and he's making 56 + 4k bonus.</p>

<p>Some consultants make 100K+... depends on what kind and which company</p>

<p>if i-banking doesnt fit you then business jobs that pay similar probably wont fit you either. To make 100k a year coming straight out of college you usually have to be doing something that's very intensive and stressful and usually involves long hours. That's the price for the 100k salary. Think about it. Your friends who go to law school have to spend another 3 total years of schooling and take on loads more debt to make their 100k+ salaries if they're from a top school. Your friends who go to med school have to do another 4 years of schooling plus residency and all that to make their 100k. So coming straight out of college and expecting to make 100k is pretty unrealistic.</p>

<p>if you work the -trading- desk at an i-bank/ get recruited for a prop desk you'll make about 100k your first year out too, depending on how well your desk's trading product is doing. these guys typically work 12 hour days 5 days a week (60 hours)</p>

<p>if you get into any sales related career its pretty much sink or swim. don't make a good amount of sales, don't make your bonus/possibly even part of your salary. I know in private wealth management the salary compensation is almost entirely commission based so if you dont get clients you can easily be fired.</p>

<p>I think that the bonus in consulting is less than the bonus in banking so 100k is probably off target but still, consultants get paid quite well.</p>

<p>alright then in ibank..
what does it mostly deal with? finance? eonomy? accounting?
what do most ppl undergraduate to work in ibank? is it ok if one will study with business administration?
thx</p>

<p>try McKinsey & Company, Boston Consulting Group, or Bain & Company. The starting salaries are pretty high.</p>

<p>Two of my brothers are chiropractors, they overheads each is about a million so their take home is probably 500,000 (they both own their own practices). My other brother is a dentist and he has just started at 105,000 a year, but he doesn't own his own business (he works for a group). So yeah I think medicine is a better route to go if you want to make the big bucks, look into being an orthodontist, once you own a practice that’s when you start making the big bucks, it’s half business half medicine.</p>

<p>Just curious, but would you follow a pre-med track in order to become a dentist? I just thought of this and would like to know what you would do.</p>

<p>Entrepreneurship</p>

<p>My friend got a consulting job with Bain straight out of undergrad... did his consulting in Brazil and South America, and was paid (including bonus) >over 100k his first year. He only stayed for 2 years however, and now works as an Associate at Steve Young's (the former NFL star) IBank.</p>

<p>
[quote]

Just curious, but would you follow a pre-med track in order to become a dentist? I just thought of this and would like to know what you would do.

[/quote]
</p>

<p>Yes, they require the same stuff as medical school, but dental school is easier to get into than medical school (but still hard as hell). If you want to go beyond being a regular dentist (like an orthodontist or surgeon) it's pretty hard to do so since they only take the best out of the class to go on into those professions. My brother got accepted to go on to become a dental surgeon but he decided not to because it would require 3 more additional years (but hell you’re going to make so much money).</p>

<p>Ah, ok. Yea, it's interesting because this is one of the least talked about professions, IMO. I'm assuming most of the top dental schools are at most of the Ivies or quasi-Ivies?</p>

<p>The vast majority are public. I have not seen a recent ranking</p>

<p>even the top dental schools are fairly easy to get into compared to a dencent medical school. However, don't expect to start out with a 100K salary, those are the exceptions, just like a starting out doctor can make 400k. It's not realistic to think all dentists start out at 100k, mostly likely it'll be around 60k-80k.</p>

<p>i appreciate all of ur answers..
but could u answer this question plz</p>

<p>what part of business does ibank mostly deal with? finance? eonomy? accounting?
what do most ppl undergraduate to work in ibank? is it ok if one will study with business administration?
thx</p>

<p>Yes, I would like to know if Ibanking can be done with an accounting degree?</p>

<p>finance major + minor in accounting
finance major + accounting major</p>

<p>those two would be pretty strong if you come from a business school. It's very good to have accounting knowledge as a banker.</p>

<p>
[quote]
i appreciate all of ur answers..
but could u answer this question plz</p>

<p>what part of business does ibank mostly deal with? finance? eonomy? accounting?
what do most ppl undergraduate to work in ibank? is it ok if one will study with business administration?
thx

[/quote]
</p>

<p>I thought you said ibanking wasn't for you. I think it's kind of funny that the only reason it becomes 'for you' is because you've found out it's one of the very few ways to make 100k in a job recruited right out of college.</p>

<p>what you study depends on your school. go to a top ivy league and major wont matter so much. Many Dartmouth history grads for instance go into i-banking. Econ is good at a top program that has no business school. If your school has both Business and Econ then it's better to go with Business usually (i.e.: at wharton you learn things that are way more practical in the finance program, it really helps during your training program)</p>

<p>Accounting courses are pretty helpful also. Finance is more helpful than economics BUT school is more important than major, going to a top school (wharton, ivy league, Ross, Haas, Sloan, etc etc -- schools have been covered so many damn times that you should search for it yourself)</p>

<p><a href="http://jobs.jobsinthemoney.com/job-5000000000035233.htm/keywordAny=investment%20banking/%5B/url%5D"&gt;http://jobs.jobsinthemoney.com/job-5000000000035233.htm/keywordAny=investment%20banking/&lt;/a&gt;&lt;/p>

<p>So how come on the job posting aboving, you are required to have a degree in either finance OR accounting. Not neccessarily a degree in finance, a degree in accounting is okay.</p>

<p>Accounting is fine but if you're going to NYU, Ross, Wharton, Haas, etc you're just better off majoring in Finance and taking some accounting courses. An accounting major can get the banking job but I'd say finance is slightly better.</p>

<p>But you never know, you might be in an interview situation where they ask you why you didnt choose to follow accounting, etc.</p>