Jobs other than I- Banking for Same Salary

<p>Right now most of those bankers and financiers are wondering if they will have a job next week; the capital market is in total disarray. One of the biggest real estate deals in history just came apart because the lenders got nervous.</p>

<p>^That's crap. A few heads have rolled and a few more will, but few ibankers are worried about their jobs. M & A is robust.</p>

<p>Getting back to the original question, someone mentioned sales, but not Trading. Trading is much more dependent on P/L, but still can be comparable I think.</p>

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As far as loans go, what if you don't get approved for 40k in loans?

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<p>Then you have some other SERIOUS issues in your life that you need sorted out. You probably aren't that smart and shouldn't be in business.</p>

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What if you are still in heavy debt from undergrad?

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<p>So?! It's either a good investment or bad one. If it's a bad investment then maybe you shouldn't be going for an MBA. It's quite likely that in most cases where you are choosing just to stay with the same company, it's a bad investment. For the company, it's probably a good investment because they can continue to pay you under your true market value because you are a loyal lackey that is not open to look at other job opportunities.</p>

<p>If it's a good investment that debt will get paid off, and perhaps rather quickly due to salary increases.</p>

<p>I think the aforementioned poster was referring to Sales in general. Sales of consumer products, pharmaceuticals, etc. I have several friends who were born to sell and are 23/24 bringing in 120K+.</p>

<p>Collegefreak: If you do your job and put in the time the money will come. No one is going to be able to tell you when/where/how you are going to start making a 500K salary.</p>

<p>"^That's crap. A few heads have rolled and a few more will, but few ibankers are worried about their jobs. M & A is robust."</p>

<p>Not so.</p>

<p><a href="http://www.thestreet.com/newsanalysis/dailymarket/10367881.html%5B/url%5D"&gt;http://www.thestreet.com/newsanalysis/dailymarket/10367881.html&lt;/a&gt;&lt;/p>

<p>By that site, it is saying that you can get 500k by about age 30. I am just curious though, is salary/ hours better in HF or IB?</p>

<p>HF is usually an exit option from IB unless you're a real star. From what I've heard HF pay is pretty similar to IB with much better hours, quality of life, etc. </p>

<p>On a more personal note though everyone and their mother with a high net worth is investing in hedge funds. I've heard more than a few people question market saturation.</p>