<p>Nah, for a starting neurologist in academia in NY, that sounds plausible. Academic salaries in some fields are half to a third of private practice.</p>
<p>In response to post#17- </p>
<p>VP positions in Financial powerhouses are not as rare as you seem to believe. Every one of my Finance oriented friends and relatives is a VP. Almost all of these “VPs” only have a Bachelor’s degree in finance from local state funded Colleges and are no more than 27-28 years old! The reality is that the titles in certain areas tend to be hyped up because the company needs their ‘clients’ to believe that the Title truly means something and that they are being taken good care of by someone higher up on the ladder. The fact is that anyone in a financial powerhouse with a BBA and 5 yrs of service can have a VP title. I would never have believed this myself if I didn’t have relatives that landed with VP titles in Citigroup and the like before hitting 30s! (honestly, it’s no wonder they have royally screwed up our 401ks and the economy!) By the way, none of my VP friends/relatives makes $500,000 per year… I would say a total of $175-200,000 is more realistic including their bonus.</p>
<p>I see these hyped up titles in Pharma industry’s Regulatory departments too. Anyone who communicates with FDA’s project managers is invariably a Director in Pharma! This again is because they want incur the client’s faith by giving these communicators a much higher title.</p>
<p>^^^ I agree except for the Bachelor’s.</p>
<p>Most Tip top banks like Goldman, Merill, and Morgan require their VP’s and above to have a MBA.</p>
<p>Sorry to disagree Jason. In my extended family, we have multiple young men with Bachelor’s degrees and VP titles in top financial institutions including Goldman, Citigroup, and Bloomberg. My post is based on multiple examples I have seen in my own extended family…</p>
<p>I refused to believe a VP at goldman makes 200k</p>
<p>The average Goldman employee (not the janitors) make 1 million in the past one or two years as defined by (total money paid)/ (total number of workers). As VP’s are not considered worker bees, they will get a large slice of the end year bonus pie.</p>
<p>200k at:
Citi: possible but unlikely
Aig: " "
Goldman, Merril/ BOA: not till hell freezes over.</p>
<p>When the second year Associate start making more than a VP… the change of incentives would screw over public much worse than what happened with stock options.</p>
<p>Your family members must be the VP of like… Computer Design or something.</p>
<p>
</p>
<p>Citation, please.</p>
<p>(dollars paid in salary) divided by (number of employees) is my definition of “average.”</p>
<p>[Goldman</a> compensation: $1 million per employee in sight | Reuters](<a href=“http://www.reuters.com/article/ousivMolt/idUSTRE56D42220090714]Goldman”>http://www.reuters.com/article/ousivMolt/idUSTRE56D42220090714)</p>
<p>here is just some of the numbers for salaries:
[Salaries</a> in Investment Banking](<a href=“http://www.careers-in-finance.com/ibsal.htm]Salaries”>http://www.careers-in-finance.com/ibsal.htm)</p>
<p>It says here that a Goldman MD got paid 2.6Million last year at the height of the credit crisis.
<a href=“http://www.careers-in-finance.com/ib_salary_examples.htm[/url]”>http://www.careers-in-finance.com/ib_salary_examples.htm</a></p>
<p>As the VP is like second in command of a branch, id suspect the VP earns somewhere around 1 mil</p>
<p>anyways, i’d like to direct this thread back to medical specialties.</p>
<p>Lets see, my wife is a Senior VP banking and makes 3-4 times what I do; however, she has never had a lady come up and hug her in WalMart for saving her son. (I literally opened him up with my pocket knife in the neonatal icu 10 years ago.</p>
<p>If you want to make money, don’t go into medicine. If you want the joy of saving a life, do so.</p>
<p>Money isnt as important to me as hours, freedom to practice without much buearucratization, and flexibility.</p>
<p>Given a choice of 500k at 75 hrs a week or 250k at 40 hours a week, id pick the latter.</p>
<p>… doctors don’t work 40 hours a week. They’re not that free to practice anymore. And their hours aren’t very flexible.</p>
<p>
…that sounds really… not safe…</p>
<p>Certain specialties work a good 40 hours a week. Private practice specialist groups schedule their own procedures so they have a decent control of their life. The on call duty also isnt as bad as hospitals.</p>
<p>There are some theoretical reasons why some doctors might potentially have control of their lives. In practice you’ll find that they don’t, or if they do there are none of them who exercise it.</p>
<p>Outside of derm, radiology, and family practice/office pediatrics, docs don’t control their own schedules.</p>
<p>What about Psychiatrists?</p>
<p>The question that I must ask is why did you have a pocket knife with you to begin with? :D</p>
<p>Hm, it’s a fair question. I don’t know anything about psychiatry.</p>
<p>I always carry my swiss army knife and kid was dying and no readily available scapel.</p>
<p>may i be the first to say…
OP:calm the F down.</p>
<p>lol that seems highly dangerous. Doesnt the knife have to be sterile for the incision?</p>
<p>Here’s data from Goldman Sach’s job listing for VPs. Directors make over $300,000. VPs are in the range of $175K</p>
<p>[Jobs</a> Salary at Goldman, Sachs & Co., Real Starting, Average Salary, ranked by Salary, page 2](<a href=“http://www.salarylist.com/all-real-jobs-salary-at-goldman-sachs-co-2.htm?order=2]Jobs”>http://www.salarylist.com/all-real-jobs-salary-at-goldman-sachs-co-2.htm?order=2)</p>