<p>Those bonuses on dealbreaker were way too high to begin with. Although CaliGuy you kind of do have to factor in the bonus with an IB position. </p>
<p>By the way when did making 50 or 60 grand coming out of undergrad become bad? Most recent college grads make A LOT less than that. Then again I don't live in NYC.</p>
<p>CaliGuy, quite backtracking. You were clearly referring to salary plus bonuses. Reread post #2 and your response to it. That said, however, AY8888 what the devil was the point of creating this thread asking about a subject you've written a paper on?</p>
<p>Forgot to add that for most people, your total comp will be less than 100k. Although yes, you can easily top that if you perform well.</p>
<p>fwiw, my son is NOT a trader or salesperson, but for point of reference...he works at Goldman, in systems. An elite (his word) group of 20 CS mostly young in their 20's, their work involves the technology for the actual trades (I'm a lay person here so cut me a little slack :).) I believe he said $10 billion a day goes through his group.</p>
<p>Anyway, for Caliguy...he's 2 1/2 yrs out of college. Starting salary in '05 was 60 K bonus 10K. Don't let that sway you. His first FULL year out (after initial Aug to Dec stint) he was over 100K. His second and most recent year-end raise was 42% increase in base salary, and his bonus equalled his salary. So age 25 making $200K+, I can only imagine the future. And that's easily enough to live in Manhattan and save tons of money(tens of thousands), esp when it arrives as a bonus in a chunk. And I repeat he's not actual trader who apparently make a lot more (no interest in trading, CS major who loves technology but great mind for finance which is helpful) so I agree with the higher numbers given here as being entirely possible, and probable.</p>