Don't people get it? IB is "gone" and so is the money

<p>lol @ the people who thought hmom was seriously giving internships out on a forum</p>

<p>Can't say I didn't see that one coming :-)</p>

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Sad how the Polo's disappear when they have to defend their trash talk. But predictable I guess.

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Perhaps, I had a block of exams and a MUTA5 weekend? So yes, I did disappear but hardly predictable since I doubt you had any clue on my drilling/battle assembly schedule nor my academic workload.<br>
If you equate my "disappearance" because I was fulfilling a military obligation to "sad", then be my guest. If you need verification, I suggest you start at E. Co. 2nd MOD Trng Bttn 254th REG (CA).
Knowing this, would you, hmom, like to backpedal and retract that statement?

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Why don't you lay out all the relevant stats and we can make a little bet. How about you get into a top program and I get you a summer position in a major WS firm so you can actually learn about the business from experience rather than the media?

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Why don't we just go straight to making the bet since the end result is what matters correct?</p>

<p>Welcome back, Polo! I've made my best offer. And according to popular opnion, it's a good one.</p>

<p>Ooohhhhh, Polo got SCHOOLED by hmom!</p>

<p>Don't ya understand, we ibankers are the BEST!! We're better than you, and we know it!</p>

<p>We ibankers are too big too fail! We can totally screw up this country's economy, but because we are elite and well educated, and graduate from the most prestigious universities, the government is dumb enough to give us more money to bail us out!!!! </p>

<p>Of course, we use all that bailout money to feed all materialistic desires!!! I love how the government, full of Harvard and Ivy League grads, continues to throw money into Ivy League grads running Wall Street!!!! Incest is a wonderful thing in the ELITE world of the Ivy League! No matter how much an Ivy League graduate screws up, we are so elite and special that we are more than happy to bail each other out as the rest of the TTT toileteers in this country lose their jobs!!!</p>

<p>D@mn, it feels good to be a banker! We're too big to fail so we can screw up this economy and get MILLIONS in bailout money to use to throw the most lavish parties this side of Manhattan!</p>

<p>lol...it's all good until the economy gets bad enough and starving people ask for your heads literally haha...</p>

<p>this is the funniest thread i've read on cc...if u wanna get a job better than ibanking i say become a professional athlete...they got the best job in the world and probably make just as much as ibankers</p>

<p>Yes, thank goodness for incest and the bailout money I spent at Chanel today. I'm stimulating the economy! And with the next round I plan to help the global economy with a trip to Paris!</p>

<p>And msl, I agree and would add movie star, that's what I plan to do next as I'm a little old and a bit too female for high paying sports.</p>

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Welcome back, Polo! I've made my best offer. And according to popular opnion, it's a good one.

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Here's my counter-offer. If I meet these terms, you leave this board for good and not try to get back on with a different screenname:
-Get into a top 10 b-school and decide NOT to do investment banking after graduation.</p>

<p>In my day, only a portion of interested top 10-b school grads were offered front-office IB jobs at my firm. I imagine that, in the near term anyway the situation will be yet more competitive.</p>

<p>Meaning that, IMO, merely gaining admission to a top-10 MBA program would not be nearly sufficient. You would need an actual offer for a front-office position at (whatever these firms are going to be called now), and then tear that up, and then go work at my brother's pharmacy chain, as a line pharmacist, instead.</p>

<p>From the sound of things, I'm sure he'd appreciate the help.</p>

<p>Exactly, somehow I get the feeling Polo has an unrealistic view of his choices.</p>

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Exactly, somehow I get the feeling Polo has an unrealistic view of his choices.

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I get the feeling that you don't really understand what drives and motivates me and what I'm willing to do to get to where I want to be.

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Meaning that, IMO, merely gaining admission to a top-10 MBA program would not be nearly sufficient. You would need an actual offer for a front-office position at (whatever these firms are going to be called now), and then tear that up, and then go work at my brother's pharmacy chain, as a line pharmacist, instead.

[/quote]

The main point that I was trying to convey was with the time that ibanking does consume there's no way that I could accomplish the following:
1. Graduate with a PharmD.
2. Complete a MS ChemE, MechE, or ElectricalE (dependent on my branch in the Army - Engineer, Armor, or Signal) while working as a retail or hospital pharmacist for 2 years.
3. Start working for a pharmaceutical company (which shouldn't be hard with a PharmD, MS Engineering, and 2 years of work experience as a community pharmacist) while attending Rutgers Law School part-time for 4 years at night.
4. Apply to and hopefully enroll in a top-10 business school while working part-time as a pharmacist (one of the best part-time paying jobs available).
*All the schooling above would be free except for the top 10 business school.</p>

<p>While this would be my main career, my other career would be my military service. The unique thing about pharmacy is it gives you a tremendous advantage promotion wise in the Army since it falls under AMEDD/Medical Corps - which does not promote only if there are vacancies but rather promotes without restriction as long as you meet minimum time in grade. Therefore, it is a guarantee that I would make Major and Lt. Col. significantly faster than my peers and just about as fast as the active duty component. Usually, you'll know if you will make Col. by how fast you climb the ladder and being a traditional commissioned officer willing to branch infantry as well, there's a good chance that I will reach Col. at what most would consider a very young age. That is generally considered very impressive and allows you to be able to rub shoulders with some of the most important officials in the state.</p>

<p>It is my belief that pursuing a career in ibanking based on my current situation would prevent me from accomplishing the above.</p>

<p>One thing to keep in mind is that while internet sites may give you a general idea of how much the average lawyer makes, the average ibanker based on position makes, etc. they FAIL to report on how much people who are able to combined a few very specialized skills will make. For example, we tend to know what the average doctor but we don't know how much someone who has both an MD and JD makes because the spread is so wide. Likewise, we know how much the average lawyer makes, but there tends to be very little data how much the average patent lawyer makes, etc.</p>

<p>My point is that I believe by not pursuing a career in ibanking, I would be able to accomplish what I sketched out above and at the end of that with that background what you could do in life is very up in the air. Anything can happen and it is very unpredictable.</p>

<p>However, hmom, I wouldn't count on betting against me. None of the above requires you to be a genius or superhuman, it just requires that you are willing to pay the price which is your time. And success often builds off of success so once you're on a roll it's virtually unstoppable unless you do something incredibly stupid.</p>

<p>No, but a top business program usually requires more that a 3.0 at Rutgers and pharm experience.</p>

<p>Honestly, Polo, I think you're a bit loony with your plans for all the degrees. Why don't you just stop and figure out what it is you really want to do and what it will take to do it? Do you think a top MBA program will be impressed with your professional student status and laundry list of degrees from schools that are not their peer?</p>

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No, but a top business program usually requires more that a 3.0 at Rutgers and pharm experience.

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Agreed. So in your opinion how does being a young Major, working for a pharmaceutical company, and part-timing as a community pharmacist compare to an ibanking analyst?

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Honestly, Polo, I think you're a bit loony with your plans for all the degrees. Why don't you just stop and figure out what it is you really want to do and what it will take to do it?

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Because I've already figured out what I want to do and what I need to do it. If you think a bit harder you'll realize it. I'll give you a bit of time to figure it out.

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Do you think a top MBA program will be impressed with your professional student status and laundry list of degrees from schools that are not their peer?

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No. What I need out of a top MBA program is a fundamental basis of business management. I could really care less what they think of my degrees as long as I meet the admission criteria would means good work experience. Usually, professional student status refers to someone who stays in school and never finds employment. If someone can find meaningful work experience while still being able to school, you give up nothing.
If you noticed, those degrees that I've listed are degrees that teach you a technical expertise so where it comes from does not really matter. Nor would it be worth it to attend a "brand name" school for those because they would all be full-time and not free.</p>

<p>It's hard to assess the likelihood of acceptance at a top MBA school for any candidate; let alone one with a non-traditional background. There's a good chance that how convincing your essay was of why you wanted the degree and what you intended to do after would go a long why in determining your success. However, I can assure that outside of one the part-time programs that UChicago and Kellogg have and the executive MBA programs that some of the other schools have that there is no way you're going to be able to work part-time while attending a top 10 MBA school.</p>

<p>You're 100% correct, I for the life of me can not figure out what job requires a pharmD, a law degree, a masters in an engineering discipline and an MBA (not to mention military experience).</p>

<p>And as Gellino says, no one works while getting a full time top MBA. In fact, if you just want to learn the 'fundamentals of business management', an MBA would not be the cost/time effective way to do it.</p>

<p>All kidding aside Polo, you have not done your research. You do a whole lot of talking on every subject in the book and very little listening. A lot of people with multiple degrees cross my desk. A JD/MBA works well in my business. And we had a number of MD's getting MBA's in my class. But your wish list of degrees screams indecision and biting off more than anyone rationally needs to, which will turn many employers off. Just one person's opinion.</p>

<p>hmom, I have heard from some that a JD is very useful in banking and others say its a complete waste of time and shows indecision. What's your opinion on this and why?</p>

<p>man....after reading so many posts back and forth i forget what they're debating lol...i think polo is saying something about pharmacists making more money then ibankers or something? seriously...does it really matter? heck if you want to make money go invent the next computer, next iphone, or better yet, how about a virtual reality sex stimulator lol...all kidding aside though, there are lots of jobs that pay well. does it really matter which one you do? do one that makes you happy? if you're a pharmacist, good for you. if you're an ibanker good for you. if you're a janitor (like those 700 people who applied for one position), more power to you. but i don't understand why a pharmacist is saying how he can be an ibanker and how an ibanker is saying he can't. in my opinion, both are extremely hard to do and i believe if you can do one, you can do the other.</p>

<p>The JD comes in handy in areas like M & A.</p>

<p>I would say it's more handy in restructuring as you're effectively working within a legal framework (moreso than in M&A).</p>

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You're 100% correct, I for the life of me can not figure out what job requires a pharmD, a law degree, a masters in an engineering discipline and an MBA (not to mention military experience).

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You can't figure it out because you aren't in my position. That's exactly the point that I've been trying to get through your head.</p>

<p>First, there's no point on discussing the PharmD because for all intents and purposes the decision has already been made on that.</p>

<p>Second, in the National Guard O4-O6 slots tend to open up for the Engineer and Signal branches but they also tend to be specialized assignments. They would require degrees that are relevant to that branch such as MS MechE or CivilE for Engineer and ElectricalE for Signal. If I branch Armor this August, then there's enough slots across the state for O4-O-6 in the future that I would probably either choose MS MechE (which is something that I have always been interested in) or ChemE (because it's one of the more closely related engineering disciplines to pharmacy - manufacturing). So essentially this MS Engineering degree is a promotion tool to give you more chances to go from O5 to O6 (from Lt. Col. to Col.)</p>

<p>Third, the JD (+PharmD) would allow you to specialize in regulatory affairs in the pharmaceutical industry or patent law (and that additional engineering degree can't possibly hurt in this field).</p>

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And as Gellino says, no one works while getting a full time top MBA. In fact, if you just want to learn the 'fundamentals of business management', an MBA would not be the cost/time effective way to do it.

[/quote]

Not true. No one works because very few people have a career field that is as flexible as pharmacy. My friend's brother (PharmD) worked for Pfizer before going to b-school. They offered to double his salary and pay for his MBA. He part-timed as a floater pharmacist while going to b-school and the going rate for that is at minimum $50 per hour. You can choose however many hours you would like to work, you just don't get any benefits like full-time (36 hours/week) community pharmacists but that didn't matter because he was covered by Pfizer.</p>

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But your wish list of degrees screams indecision and biting off more than anyone rationally needs to, which will turn many employers off. Just one person's opinion.

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I just listed at least one good reason for EVERY degree that I mentioned above. You, however, aren't in my position and couldn't have fathomed why each was necessary at the time I presume.</p>