<p>Into 100k++ Ibanking consultnig jobs?</p>
<p>Are there VERY few people who become entrepreneurs and start something by themselves?</p>
<p>Well, I'm sure the majority are in on the i-banking craze, but OF COURSE there are people who are entrepreneurs. They probably do that after 2-5 years of finance though.</p>
<p>y is everyone on the ibanking craze? it's just a couple thousand dollars...</p>
<p>why you gotta pick on the poor bankers</p>
<p>According to this website: </p>
<p>61% of 2003/2004 grads were Finance concentrators.</p>
<p>As trapped as we are by ibanking, you're trapped by the wharton degree, Chanman. </p>
<p>Whartonite: "Gotta get that ibank internship...shizzaazz"
Chanman: "Gotta get that transfer so I can become as trapped as those Whartonites...shizzazzz"........same difference.</p>
<p>IB is so dependent on the market though. It's been doing well the past couple of years as the market has been booming--- somehow I don't think this can be a continuous trend. The Dow's 416pt drop a couple of weeks ago wiped out Goldman's profits for the year- that can't be good for recruiting.</p>
<p>IB is not for me. i don't think wharton students are trapped. IB is just more appealing so they choose that over other job offers. (hopefully i'm right)</p>
<p>trapped, like in a closet?</p>
<p>don't tell? Is that like an "insider" strategy?</p>
<p>in the long run Doctors/Lawyers >>>> IB'ers.</p>
<p>In the long run, we're all dead...and that's a very big generalization to make...there are crappy doctors and crappy lawyers, and then there are the ib'ers who never pull rank...apples and oranges. in the long run, the ppl who make the big bucks will prolly be the ones who're best at what they do...regardless of their profession. Just a thought.</p>
<p>cot dam pro-found.</p>
<p>I say we admit cheesitz</p>
<p>lol cheeze itz hit it dead on. but honestly, there are far too many lawyers in the world right now, so that job market is saturated. same goes for doctors, and even if you were to become a doctor, the majority of doctors dont make "big bucks" comparatively anymore (and no, im not talking about surgeons, nuclear medicine, etc...those are not the majority of doctors). i think IB's do have the advantage of not having to pay for grad school and can start their careers without a ****load of debt and roughly what, 8 years earlier? (i say 8 because, well, becoming a 4 year doctor without specialization isnt big bucks anymore, because those jobs are saturated just as lawyers are). </p>
<p>thus, i conclude that IB's have much more potential for being "successful" in terms of money than doctors/lawyers. again though, as cheez itz said, it depends a lot on the person and their ambition.</p>
<p>'cept the fact that cheeseitz's already at Penn...Meng :P.</p>
<p>
[quote]
**there are far too many lawyers in the world right now, so that job market is saturated.
[/quote]
**</p>
<p>Where did this piece of misinformation come from?</p>
<p>don't i feel stupid</p>
<p>to compensate, i'm going to make a computer face ^_^</p>
<p>bibimbap for everyone!</p>
<p>Yes, I feel so sorry for those guys. If they had been English majors they could be getting great fulfilling jobs making lattes at Starbucks but instead they are trapped like rats, lured into being fat rich guys who end up running hedge funds by those $100k offers. My heart goes out to them.</p>
<p>All you get by going into IB is $$$. Literally. There's two things that an analyst do. Work. Sleep. The latter one is optional.</p>
<p>i believe i read there are somewhere between 800,000 and 1.2 million lawyers in the USA -- thats a lot of lawyers, imo, but hey, maybe it isnt.</p>