<p>I don't want to do I-Banking, that's all that's ever talked about on the boards. It sounds like hell.</p>
<p>Anyways, what else is there to do with a business degree? What aspirations do you have besides I-Banking?</p>
<p>Prop and Flow Trading (HF, PE, VC, MF etc), commercial banking, coporate finance, accounting, management, etc. There are lots of viable alternates to banking which all provide adequate salaries and hours in some cases.</p>
<p>Grandpabuzz, how much do those occupations make? </p>
<p>Does anyone know if consulting is easier to get into than investment banking?</p>
<p>If we compare bulge bracket i-banks to the top four consulting firms (McKinsey, Bain, BCG, Booz Allen), then consulting would be harder out of undergrad because they hire fewer undergrads. I think that as we move down to the second and third tiers, i-banking becomes more difficult. I'm not really sure how to compare. Consulting is very broad.</p>
<p>In terms of work, consulting salaries tend to be lower (but still good). They work less hours but travel a lot more. Every career has pros and cons.</p>
<p>PE, VCs don't do flow or prop trading (they don't trade they finance). </p>
<p>Consulting is as hard to get into as banking (talking about management consulting firms like Bain, McK etc). </p>
<p>Traders can make more money than a banker will ever see (of course the numbers making that much are minute).</p>
<p>are there jobs out there after business undergrad. where u can get a pretty decent salary and still have a life ...? (kinda broad i know)</p>
<p>Work for the Federal Government... you will have a life (usually only work 40 hours a week--if more they compensate), be paid decent (good undergrad GPA ~$34,000 to start and ~$10K more for masters.. it goes up quite drastically as you stay with them longer), have awesome benefits (probably not matched by very many private companies), and job security (obviously)... you may be bored though.</p>
<p>What does "MF" stand for? If someone told me he worked for an MF I would assume he was making a derogatory comment about his boss... lol</p>
<p>mutual fund</p>
<p>ha ha ha ha ha</p>