<p>After reading all these posts, I am so turned off of investment banking...what is the point of money if you can't enjoy it? A lot of kids seem to be asking about it on this board just because of the money, and it seems like it's just a 'fad'. All work and no play makes life tedious and meaningless. I have chosen to major in mechanical engineering and get my MBA later, unless I absolutely love my career as an engineer. But wait...getting an engineering degree is all work and no play...damn haha</p>
<p>I-Banking really isn't a fad. It's been one of the most prestigious and high paying jobs for the last century. It's just open to more people now (it used to be only open to people at a few schools) so you hear more people talking about it.</p>
<p>Let's make this clear: no one goes into I-Banking for the analyst pay. People go into I-Banking for the exit opportunities which are nothing less than spectacular. You don't even have to be a superstar at an I-Bank to get jobs in Private Equity, Venture Capital, etc.</p>
<p>Well, many people seem to like investment banking for the amazing pay at the VP and MD levels. I've heard that VP's at bulge-bracket firms can make $500k their first year, and within a few years their salaries are in the millions.</p>
<p>management consulting sounds really cool. what kinds of bachelors degrees are typical or desirable for a job as an MC?</p>
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management consulting sounds really cool. what kinds of bachelors degrees are typical or desirable for a job as an MC?
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<p>While some majors (i.e. economics, engineering, busad), have an edge over others, the fact is, you can get into MC with any major. I've seen people get into MC with degrees in biology, polisci, etc.</p>
<p>cool thanks. im stressing over having to pick a major (damn engineering and its froshie year requirements)</p>