<p>wait im ignorant bear with me
so if u want to get into business say consulting
u have to go to college for 4 years
get a job at some nice place
work for 3 years wiht some worhtless salary like 50k a year
then go back to school for an mba
for about 2 years
for a total of 9 years
before u start making big bucks.</p>
<p>mylifestory: i couldn't decide between law, business or medicine i chose business bc i thought hmm this has hte least amount of school but also high salaries abound
im really glad i thought that before bc now i realize i loved all the business classes at my school but for a second lets take out any personal factors</p>
<p>the most lucrative way to earn money quickly is :
there is none</p>
<p>med school adds 4 years of grad school debt same iwth law
business has 4 years of working at a crappy job before u can start raking in</p>
<p>wow how ignorant i was or still am
please someone correct me if im wrong in my thinking</p>
<p>not really true, you could go to undergrad, work at an ibank for three years making like 100k a year with bonuses then work for a private equity fund and make like 300k-500k.</p>
<p>300-500k is for the private equity fund im familiar with, Texas Pacific Group. They pay first years in that range.</p>
<p>Or you could become a trader. 26 year old superstars are known to make seven figure compensation packages. Or you could start realistically work at the FICC or equities department of a top ibank (GS, MS, ML, LEH, CSFB) work there for two years then go off to a hedge fund.</p>
<p>On average, doctors and lawyers will make far more money compared to many occupations in business because of all of the school and training they went through. But by accumulating debt from their education, they have to wait a couple of years to pay off their debt. </p>
<p>So one way you can look at it is that people who go the business route have more time to accumulate savings and investments compared to doctors and lawyers, assuming you didn't accumulate a lot of debt during your undergrad. education. There's always a certain trade off, because you might end up with a job that pays around 100K after 8 or so years, while doctors and lawyers have salaries in up in the 500K range. But you will theoretically have had more to time to invest and save and shouldn't have as much debt. But it really depends on the sort of job you can land.</p>