Impact of Wharton on your Career

<p>Hey guys,</p>

<p>Quick question. Obviously, "buisness-type" professions are deemed less stable than many other lucrative careers (namely medicine). However, does a Wharton degree add that doctor-like stability to buisness careers like investment banking. In other words, if one was to graduate from Wharton would they be notably more likely to get that 6 fig job and keep it?</p>

<p>obviously, unless they had a mental breakdown and due to a stock market crash lol</p>

<p>Lol = D, so would you say most people who graduate from Wharton make 6 figs every year?</p>

<p>why don’t you just do what makes you happy. There are figures out the, from the wharton website, detailing medians etc.</p>

<p>like 10 years out of Wharton (which is ~ the time you’d need to be an established medic), you’re making 6 figures. (source: Wharton alumni survey)</p>

<p>However, as medic, you have a more narrow range of salaries. As a business professional, you got a much wider spread (from bankrupt to 7 figures a year +)</p>

<p>In the end, do what makes you happy. I don’t have the mindset for medicine so I wouldn’t even dream of med school stability. If you can’t think business, you will fail at it. Go for medicine if that’s your thing.</p>

<p>You can make 7 figures in medicine private practice</p>

<p>Or, you can nail the math major (double with comp sci?) and hit the casinos haha.</p>

<p>Wharton doesn’t guarantee you anything. The average person to graduate from Wharton is the hardworking type-A person who will try to earn as much money as possible and aim for the best jobs. Wharton is a great stepping stone for your first job, but beyond that it starts becoming more and more about what you bring to the table. What you learn in Wharton (outside of teamwork and dealing with BS) probably won’t be too relevant to your jobs a few years after graduation.</p>

<p>^^fail. he said graduate and get a job, but still. WHarton>everything else business. it does guarantee you the job if you want</p>

<p>A medic can make 7 figures but can’t earn that much :stuck_out_tongue:
High costs associated with the business</p>

<p>As for Wharton’s relevance several years out --it is ALWAYS powerful. Yes, you are gradually expected to be more results than name but since reputation is big in finance, you can always cash on the Wharton name.</p>

<p>That’s an ignorant statement, collegebound. Few things in this world are guaranteed and getting a job because of a Wharton degree isn’t one of them. As a previous poster mentioned, Wharton students are generally incredibly smart and/or hard-working…these traits are what enable many graduates to succeed. The Wharton name just facilitates the process (through prestige, networking, etc.). I really wish that it were as easy as you say it is…if you truly believe your own words you’re in for a rude awakening.</p>

<p>Several of the delusional posters in this thread need to watch a very old but also very good movie recently recommended to me called Wall Street.</p>

<p>njaznpremed… it would be nice to clarify, considering that no one here is actually going to watch your movie.</p>

<p>actually, after having read the synopsis on wikipedia, I think I’ll get my hands on that movie. Thanks for the tip nj<em>azn</em>premed</p>

<p>^You won’t regret it :)</p>

<p>@Rferns: Well I expect if anyone’s that curious, they could check the synopsis/reviews. In short, the movie satirizes the money-grubbing, chaotic world that is Wall Street. Without giving too much away, it explores the psychological consequences of participating in the NYC rat race and particularly focuses upon that classic debate between doing what you love and doing what will make you rich. As it relates to this thread, the movie effectively demonstrates how your college degree really means ****. Yes it can get you in the door, but ultimately it’s the type of person you are and what you are capable of doing that will determine what you make. Besides that, it’s just an excellent movie in general with fine acting (Charlie Sheen, Martin Sheen, and Michael Douglas and oh Dr. Cox from Scrubs, which was kind of funny).</p>

<p>That movie is awesome. I actually only first watched it a few months ago. But I bet I’ve see nit at least 8 times by now.</p>

<p>They’re making Wall Street 2 now. Should be good. Shia Laboeuf will be in it with Michael Douglas.</p>

<p>that movie was quite popular, i am surprised you guys havnt watched it. Another resource i would recommend is monkey business its hilarious and makes fun of investment banking</p>

<p>

The Wharton name will only get your foot in the door. A lot still depends on you once you get out in the real world. You won’t be hired for any job because you went to Wharton, but going to Wharton will give you the right stepping stone to be very successful.</p>

<p>Requirements for banking: watch Wall Street (preferably more than once), read Liar’s Poker</p>

<p>Other recommendations: Barbarians at the Gate, Monkey Business, Boiler Room, American Psycho</p>