<p>What are the highest paying careers in business besides i-banking and consulting? Also, how competitive is it in general to get these jobs?</p>
<p>As a note, high-compensation careers are always competitive.</p>
<p>For Ibanking, you almost always have to come from a target school, or else getting recruited is a uphill battle, and even if you come from a target school without a high enough GPA or impressive resume, it can be tough as well... and I'm talking about the Bulge-Bracket Banks...</p>
<p>sophomore12, I asked for anything besides I-Banking and consulting.</p>
<p>TheMK99, any example of these competitive, high-paying careers?</p>
<p>Well theirs Trading(S&T @ Ibank)</p>
<p>venture capitalist and other private equity.these are hard to get, though.</p>
<p>i-banking, consulting, private equity (other types of equity, too), venture capital, hedge funds, mutual funds, S&T, in general, commercial banking.</p>
<p>There are great jobs to be had in all of these areas(with many jobs in each area). Your personality and interests will lead different individuals towards different sectors. All high paying jobs are difficult to get. Something like i-banking analyst is easy to get into relative to other great fields so individuals who have a desire for loads of money will naturally gravitate towards it because they want to hit it really big really fast. That is why many people talk about it on the boards, because it is the most realistic of the high paying and prestigious jobs.</p>
<p>In contrast, private equity will take time because, unlike i-banking, the odds of you getting a job in this field is virtually zero fresh out of college.</p>
<p>Commercial Banking = high compensating ???? What the heck??</p>
<p>What's with I-Banking and this forum ? haha kinda funny... he asked for something other than I-Banking and it still comes up</p>
<p>Because everyone wants to be an I-banker..just can't stop it</p>
<p>Yeah I've heard a lot about the jobs red sox posted. Would it be possible really quickly to rank those jobs in terms of how difficult each one is to get? The only reason I'm asking is because I'm an above average student, and I'm not fully confident that I have the smarts to get one of the top jobs, so thats why I'm wondering about competition as well.</p>
<p>If you don't think you have the smarts for ibanking/consulting, the only thing on that list you should be considering is commercial banking.</p>
<p>entrepreneurship... but that again, is not a real "career", and you're the one compensating yourself with your own ideas.
It really depends on how good you are, both in ideas and getting things done, knowing the people who will help you, etc.</p>
<p>in terms of ranking it, it highly varies.. top consulting firms like MBB are almost impossible, much more difficult than Banking at places like GSMS... if we only use the top firms, my own opinion would go</p>
<p>Commerical Banking (chase/boa/citibank)
Mutual Funds (fidelity/vanguard...blackrock and other AMs)
Ibanking divisionv(GS/MS)
Sales & Trading (@ banks)
Consulting (MBB)
VC, HF, PE (impossible if we're talking about DE Shaw, Blackstone, KKR)</p>
<p>Guess you could throw accounting in there, though I am not sure how hard it is to get a job compared to commercial banking.</p>
<p>I agree with jobanna89. Venture capitalist would be one of these--look at the salary for a venture capitalist major out of Columbia (about the only school that offers this major--and only offered at the graduate level). I think the average salary was about $180,000 straight out of school last year. My guess is that many of the people accepted to the major were already working for hedge funds or venture firms prior to being admitted.</p>
<p>(And The MK99 is correct--any occupation that pays well is highly-competitve)</p>
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Commercial Banking = high compensating ???? What the heck??
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<p>Work your way up. The point is that there are goods jobs to be had in most all fields of finance.</p>
<p>To support redsox7327's point, look at this two year old article in the Career Journal put out by the Wall Street Journal, which discusses commercial banking salaries:</p>
<p>Wow that link is food for thought. When I think Commercial Banking I'm thinking on the little cubicle-jockeys at my local HSBC or Chase, that aren't doing too much work and probably not getting paid too much. I guess some of them have potential though at higher levels - article said one senior banker had $400,000 in base salary and a $375,000 bonus.</p>
<p>how about being a stockbroker? i guess you would get hired by say merrill lynch and learn on the job? how hard is it to get a stockbroker position out of college, say cornell?</p>