<p>Many people are mistaken that finance only means Wall Street or Banking. Within each industry and within each larger sized company, there is a finance department and the majority of finance majors work in corporate finance.</p>
<p>And there are great careers in the public sector for finance people- every state has a department responsible for all bond issues- new bridges, other infrastructure. Most large industrial regions have an organization which works to attract and keep large employers- people who work there can either specialize in tax policy, real estate finance, etc. The SEC, the IRS, OMB, Federal Reserve Bank-- thousands of finance professionals.</p>
<p><a href=âwho%20make%20the%20cardboard%20packaging%20or%20the%20jars%20or%20the%20machines%20needed%20to%20run%20these%20productsâ>quote</a> ⊠I mean, really, seriously, it never occurs to anyone that these are real jobs (and can be lucrative too)?
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<p>I know, right! I remember two young woman who worked in a bottling plant. They had a very good lifestyle, worked reasonable hours, had a really nice apartment, nice clothes and always seemed to have money to go out and have a good time. </p>
<p>BTW, who is saying that there are no other real jobs that can also be lucrative?
Oh, thatâs right, no one.</p>
<p>Didnât they have a friendâŠthe Big Ragu? I think I knew them too. </p>
<p>@@. Very funny. Iâm talking about the corporate offices, not the plants. </p>
<p>" I cannot fathom why every unemployed new grad I mention this to turns up his/her nose. Itâs not like theyâre hiring you into a management training program so you can learn how to change a tire (car rental) or make a hospital corner (hotel) but believe me, nobody becomes a senior executive at one of these companies without spending time and understanding how the business operates and makes money."</p>
<p>Seriously? Shame on them (the unemployed grads who are turning up their noses). </p>
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<p>Yes!
We should shame anyone who doesnât value the things that we value!
We must all want to be a senior manager of a car rental or hotel one day.</p>
<p>âMany people are mistaken that finance only means Wall Street or Banking. Within each industry and within each larger sized company, there is a finance department and the majority of finance majors work in corporate finance.â</p>
<p>1st-3rd year Wall Street and MBB salaries and prestige >>>>>>>>>> $55k per year back office corporate analyst gig</p>
<p>^^ I donât blame you for seeing things short term since you are in HS.
IB gigs are for 2 years, pyramid structure.
$55k corporate analysts donât do so bad since they are given stock optionsâŠthink AAPL, GOOG, TSLA, NFLX, PCLN, FB etc etc.</p>
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<p>So you are saying if I work for a firm that puts out research about companies, I can get stock optionsâŠnot in my own firmâŠbut in other companies? Some of which I may be analyzing?</p>
<p>How does my firm do this? They buy the stock in the other companies now, grant me the option to buy that stock at todayâs price or some other discounted price, and then transfer ownership to me when I exercise the options?</p>
<p>What firms offer these deals? Goldman, UBS, Fidelity, Morgan Stanley?</p>
<p>âWe should shame anyone who doesnât value the things that we value!
We must all want to be a senior manager of a car rental or hotel one day.â</p>
<p>You donât get the difference between being the on site manager at the Hertz rental and being an executive at Hertz?
Why, is there something wrong with being an executive at Hertz Corporation? </p>
<p>Do you guys seriously think the people who work at companies that make goods and services sit around idolizing bankers all day long with your supposed âprestigeâ? Donât you get that your prestige is only in your world, and there are prestigious jobs in marketing, advertising, all kinds of fields? </p>
<p>Actually, most of the people I know who work in marketing and advertising (and I know my fair share because of the work I do) would have little or no interest in the kind of prestigious financial and banking jobs that are seen as the holy grail by so many here. New product development or brand management, for example, seem much more interesting than finance or banking to a lot of smart and accomplished people from elite universities. (And I have to agree with them, frankly.) </p>
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<p>What thread are you referring to? It can not be this one, because no one besides you, as far as I can tell, has stated or suggested that.</p>
<p>And just a note, it is a new concept to me to âmakeâ services, as you say. Those who provide services, on the other hand, include people in the financial services industry. Donât have a clue if those people who âmakeâ or provide financial services idolize themselves âall day longâ, as no one here but you has suggested.</p>
<p>Marketing and advertising and manufacturing are fine endeavors, no one has said otherwise. </p>
<p>Amen, EllieMom. </p>
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<p>Who said there is no difference between and on site manager and an executive?
Oh thatâs right, NO ONE.</p>
<p>There is nothing wrong with being an executive, but (NEWSFLASH!), there is also nothing wrong with NOT wanting to be an executive at Hertz. Some people arenât as materialistic and donât want to work for a company that pays their workers so little, or spend their time working for the 1%ers.</p>
<p>So if a person turns down that path for them, I respect it, rather than âshameâ them, because their goals may be to work for a non-profit, to volunteer their time to charities, or to write a wonderful poem that will lift the hearts and open the minds of the masses, or to spend time with their family.</p>
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<p>Yet another straw man has been identified and knocked down.</p>
<p>Rofl. You seriously think that many managers, directors, vps in corporate America arenât 1%-ers? You need to get out more. </p>
<p>Iâm in the same general field as EllieMom. Youâre going to have to trust that reasonably senior people in marketing, advertising and brand management do quite well, and would laugh at the idea that banking has âprestige.â Sure, in your own minds. </p>
<p>There are more and less prestigious jobs within our field, and more and less prestigious jobs within the banking / finance fields. But just as you guys donât GAS about what we think is prestigious in our world, we donât GAS about what you think is prestigious in your world. Because itâs your world. Itâs not THE world. </p>
<p>^^^ What??</p>
<p>You asked about Executives at Hertz.
I said some people wouldnât want to take that route because they wouldnât want to work for the 1%ers.</p>
<p>So yes, I do believe that if you are an Executive at Hertz, that you are probably reporting to a 1%er.</p>
<p>And no, I donât think a manager or a director is an executive.</p>
<p>ROFL, what does your sentence even mean in that context?</p>