Who makes more $$?

<p>well 60-70 is the average work hours per week. However, work for a MC firm is very cyclical so you'll have times when your working 40 hr/week and times when your working 90-100...those are the times when you get loaded up with two cases simultaneously.</p>

<p>and yes sakky is correct most makes you come back for at least 2-3 years.</p>

<p>Does the 60-70 hour workweek include travel time?</p>

<p>so do consulting firms recruit students with engineering BS's in top schools?..........do i have a shot of getting into consulting if i attend UC-berkeley and get a degree in industrial engineering?.......i plan on transferring there because the tuition is almost the same as penn state tuition BUT berkeley is a much more prestigious school than PSU......and obviously has a much better engineering program......</p>

<p>Here are the schools that Bain recruits at...you can look at some of the alum profiles. There are definitely a good amount of engineers. </p>

<p><a href="http://bain.com/bainweb/Join_Bain/undergraduate.asp%5B/url%5D"&gt;http://bain.com/bainweb/Join_Bain/undergraduate.asp&lt;/a&gt;&lt;/p>

<p>here's where McKinsey recruits at...they also recruit a lot of engineers if you go to their people section.</p>

<p><a href="http://www.mckinsey.com/careers/us_schools/mckoncampus/%5B/url%5D"&gt;http://www.mckinsey.com/careers/us_schools/mckoncampus/&lt;/a> </p>

<p>I'd also take a look at their interview preparation sections at bain & mckinsey so you can look at how case interviews are structured.</p>

<p>What I dont understand is why does the hours scare people?! You want to make six-seven figure income you gotta put in the effort. If you want a 9-5 job set your heights lower.....much lower actually. Nearly every job that pays that much includes stress and lots of hours. Traders do work a little less hours (around 60) but these guys need so much focus during trading hours that it a much more grueling job. This is why relatively small numbers go to trading instead of ibanking as you really cant "wing" it. Other than that I cant think of a job that pays that much unless you put in a LOT of hours into it.</p>

<p>Everyone here seems to think money comes easily. I don't think that you'll find one person who has earned a lot of money without putting in a lot of time. Bill Gates, Donald Trump, actors, athletes...all of them have worked insane hours to get to the point where they are today. Hell, even Paris Hilton is busy with her business ventures. Put in your hours while you are young.</p>

<p>bern.........that post gave me hope lol!...thanx for the links.....apparently mckinsey recruits from penn state(which is where i am).........i might very well NOT transfer to another school......i hope they are interested in engineering majors as well.......i'll have to browse the site and see wassup.......
and also,does being african american hurt my chances?...</p>

<p>and uc benz- now that you mention it, it makes sense.......in essence ,dont expect to make big bucks at a fairly young age without going through some kind of "struggle"..........</p>

<p>I just want to say something to this entire board. "Money can't buy you happiness." Have a nice day.</p>

<p>but it can buy you early retirement and consequently, a stress-free, comfortable life........</p>

<p>This is business kid. In business money is everything. Money is how you keep score, money is how you tell people you are profitable. People dont do business for "intellectual enlightenment". You want that then stay away from Corporate America. This is the bastion of capitalism where you want to make the most money in legal ways. Its a competitive market not some socialist crap hole. I hate it when people bust into the BUSINESS forum and tell us "money isnt everything". Guess what: success in business is to have the most PROFITABLE company. Profits dont come with philosophical ideas...it comes with green cash. If you dont like it DONT COME HERE!</p>

<p>Now YOU have a good day!</p>

<p>The almighty dollar....preach on my partner :)</p>

<p>
[quote]
The almighty dollar....preach on my partner

[/quote]

A-men!</p>

<p>One of the reasons you can make more money in business than in law is that lawyers are usually tied to a hourly rate and one can only work so many hours in a day. Folks in business, however, can make money from salary, bonuses, commissions, stock sales and stock dividends.</p>

<p>Yeah people don't be scared about the hours if you're looking to make money. Working a 9-5 job will get you nowhere you have to have dedication, you have to give it 200% & you have to be willing to make sacrifices. Success comes at a price...</p>

<p>Prophasi: "Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort." -FDR
But with achievement & creative effort comes money. </p>

<p>"The point is ladies & gentlemen that greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies and cuts through and captures the essence of evolutionary spirit. Greed in all of its forms, greed for life, for money, for love, knowledge has marked the upward surge of mankind! And greed, you mark my words, will not only save [me], but that other malfunctioning corporation called the USA."</p>

<p>bern what are you up to now?.......are you still in penn?.....</p>

<p>I like that quote Bern.</p>

<p>"I just want to say something to this entire board. "Money can't buy you happiness." Have a nice day."</p>

<p>Thats just something that poor people say.</p>

<p>I wouldnt say poor people say it. People without a practical head say something of that nature. Money is a necessity in life. </p>

<p>Oh yes they also say: "Markets are efficient". ;) </p>

<p>People who believe markets are efficient are poor. Thats why they like to think that people in hedge funds who are exponentially richer than them are wealthy because of luck. All bullcrap of course.</p>

<p>*Lawyers vs. ibankers with respect to salary: Remember that the lawyers who make the most are not corporate lawyers, but trial lawyers, the highest paid ones have compensation that even dwarf investment banker salaries. </p>

<p>*As a former banker, I can tell you guys that getting to the level in investment banking where you are making a million a year is not easy, and most people who start a career in banking WILL NOT GET TO THIS LEVEL, even if they are from top schools. Some people burn out, others simply aren't cut out for it, and some move on to other careers (a few that may even pay more than ibanking). </p>

<p>*The purpose of business is to make money--plain and simple, this is especially so for FINANCE careers. Save all the philosophical BS for job interviews, let's not kid ourselves here on the motivation to pursue these types of careers.</p>

<p>*This one is not even up for debate: Markets are INEFFECIENT, they have to be if one is to make money by trading off of them. The terms "buying low" and "selling high" would have no meaning if the market was perfectly efficient.</p>

<p>is one required to work on saturday as a consultant? a lawyer?</p>

<p>i was just about to ask that....i think im more interested in consulting now........or patent law.........</p>