<p>Ok…well I have 4 years to decide. But I think I’ll stick with consulting. That, or acting. lol</p>
<p>My friend’s son who just graduated from Stanford in computer science started with $90K his first year. I do know he works less than 10 hours per day on average unless he is behind on his project and deadline is imminent.
Wall Street doesn’t have a monopoly on high pay.</p>
<p>^Interesting. What does he do?</p>
<p>He works for a company that writes survey programs for different companies.</p>
<p>^^But what will he be making in 5 years? He and the trader are both making $90k this first year out of school. The trader, if good at his/her job, will be making much, much more than that in a few year. </p>
<p>But money isn’t everything. You, hopefully, love your job. Then hours don’t matter.</p>
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<p>Aren’t new traders required to sign a 2 year contract? How many will still be working at trading after 2 years,let alone 5 years.</p>
<p>Disclaimer, my son started out in IB after graduating from Wharton. He was one of very few lucky ones who had the chance of working in IB for 3 1/2 years before going to the buy side.</p>
<p>If you work in the black office, you’ll make about 60k starting out and work “easy” wall street hours (45-60)</p>