Statement: "ALL IVY LEAGUE-ERs make 100K starting upon graduation"

[Leros]

Originally posted by: Special K

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

So you can retire much earlier than most people? I'm not saying I agree with the mentality, I'm just making a reasonable guess.

Eh, I'd rather work my 5 days and enjoy the weekend.

 

[OREOSpeedwagon]

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

to have a ton in the bank for when you need it.

 

[halik]

Originally posted by: OREOSpeedwagon

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

to have a ton in the bank for when you need it.

it scales down to maybe 60 as you gain seniority ... and the comp grows quite a bit

 

[m1ldslide1]

Originally posted by: halik

Originally posted by: GoldenGuppy
Obviously there's already a fallacy stating "ALL" of them make this... but does anybody know of people who have graduated from Ivy leagues NOT making this kind of money?

Only ibank or hedge fund analysts crack six figs in the first year.

 

[Doggiedog]

More than half the people I work with went to Ivies and many others went to tops schools like JHU and UVA and they don't make $100K.

Think about all the Ivy Leaguers who go into public service like the govt, the World Bank, non-profits, etc. They probably don't even make $50K.

 

[randumb]

I'm currently an undergraduate at Harvard and I can assure you that the majority of students here aren't making 100K upon graduation.

 

[Special K]

Originally posted by: halik

Originally posted by: OREOSpeedwagon

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

to have a ton in the bank for when you need it.

it scales down to maybe 60 as you gain seniority ... and the comp grows quite a bit

Do many people in this line of work actually enjoy it? Is it a very satisfying job? Would you recommend this type of job to someone who is pretty sure they don't like this field, but just want the money?

 

[Tiamat]

Originally posted by: Special K

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

So you can retire much earlier than most people? I'm not saying I agree with the mentality, I'm just making a reasonable guess.

The people who willingly work 100hrs per week, at least the ones i know, typically are the ones that dont retire early either. They love what they do, and 2 months after they retire, they start back up as full time contractor. Crazy!

 

[b0mbrman]

Originally posted by: UNCjigga

Originally posted by: halik

Originally posted by: OREOSpeedwagon

Originally posted by: halik

Originally posted by: GoldenGuppy
Obviously there's already a fallacy stating "ALL" of them make this... but does anybody know of people who have graduated from Ivy leagues NOT making this kind of money?

Only ibank or hedge fund analysts crack six figs in the first year.

ibank

no ivy league school, but hopefully kelley @ IU will land me a decent job.

Huh?

I make more per hour than all the ibank kids that I know (100 hour weeks...always ). The total comp this year is ~130K for the top tier banks.

Yeah, if you're quoting mid-tier undergrads working in their first year. Top tier undergrads will crack 150k, mid-tier MBAs might crack 200k, and top-tier MBAs will crack 250k total comp...all within first two years of work. Hell, my cousin (Stanford MBA grad in 3rd year with JPM) cracked 400k after her bonus.

God damn am I hard right now...

 

[b0mbrman]

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

I plan to do it now, while I'm single...so that I can have more free time when there's a wife and kids that need attention

 

[randumb]

Originally posted by: UNCjigga

Originally posted by: halik

Originally posted by: OREOSpeedwagon

Originally posted by: halik

Originally posted by: GoldenGuppy
Obviously there's already a fallacy stating "ALL" of them make this... but does anybody know of people who have graduated from Ivy leagues NOT making this kind of money?

Only ibank or hedge fund analysts crack six figs in the first year.

ibank

no ivy league school, but hopefully kelley @ IU will land me a decent job.

Huh?

I make more per hour than all the ibank kids that I know (100 hour weeks...always ). The total comp this year is ~130K for the top tier banks.

Yeah, if you're quoting mid-tier undergrads working in their first year. Top tier undergrads will crack 150k, mid-tier MBAs might crack 200k, and top-tier MBAs will crack 250k total comp...all within first two years of work. Hell, my cousin (Stanford MBA grad in 3rd year with JPM) cracked 400k after her bonus.

Mid-tier? Six figures after graduation puts you in a fairly elite group.

 

[Acanthus]

WTF?

I wont even be cranking out $100k/yr on graduation with a PhD in CompE from PSU.

 

[halik]

Originally posted by: Special K

Originally posted by: halik

Originally posted by: OREOSpeedwagon

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

to have a ton in the bank for when you need it.

it scales down to maybe 60 as you gain seniority ... and the comp grows quite a bit

Do many people in this line of work actually enjoy it? Is it a very satisfying job? Would you recommend this type of job to someone who is pretty sure they don't like this field, but just want the money?

no, you'll quit after a couple of months. It takes a special characted to do it and it's definitely not for the money.

 

[Special K]

Originally posted by: Acanthus
WTF?

I wont even be cranking out $100k/yr on graduation with a PhD in CompE from PSU.

I don't think anyone ever goes after a PhD for the money. I'm in grad school for EE right now. I doubt I'll pursue a PhD for that very reason - it doesn't seem to pay off for the extra years it takes to earn it.

 

[krunchykrome]

Thats definetly not true.

 

[Special K]

Originally posted by: halik

Originally posted by: Special K

Originally posted by: halik

Originally posted by: OREOSpeedwagon

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

to have a ton in the bank for when you need it.

it scales down to maybe 60 as you gain seniority ... and the comp grows quite a bit

Do many people in this line of work actually enjoy it? Is it a very satisfying job? Would you recommend this type of job to someone who is pretty sure they don't like this field, but just want the money?

no, you'll quit after a couple of months. It takes a special characted to do it and it's definitely not for the money.

So what are the characteristics of someone who does this kind of work? It can't just be "ambitious, hard working, etc..." because you could say the same thing about the top people in any field.

 

[jman19]

Originally posted by: Special K

Originally posted by: Acanthus
WTF?

I wont even be cranking out $100k/yr on graduation with a PhD in CompE from PSU.

I don't think anyone ever goes after a PhD for the money. I'm in grad school for EE right now.

Yea LOL at you if you got a PhD for the money.

 

[eakers]

holy crap, when did they let you back?

 

[drinkmorejava]

It's all on all of their websites. They list by major and average starting salary per class year.

 

[Juno]

really? it's time for me to transfer to cornell.

 

[secretanchitman]

my bro makes 100k a year and he graduated from iit...but he went to rosaland franklin university for his grad school first then during grad school, he started making 100k.

 

[OREOSpeedwagon]

Originally posted by: Special K

Originally posted by: halik

Originally posted by: Special K

Originally posted by: halik

Originally posted by: OREOSpeedwagon

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

to have a ton in the bank for when you need it.

it scales down to maybe 60 as you gain seniority ... and the comp grows quite a bit

Do many people in this line of work actually enjoy it? Is it a very satisfying job? Would you recommend this type of job to someone who is pretty sure they don't like this field, but just want the money?

no, you'll quit after a couple of months. It takes a special characted to do it and it's definitely not for the money.

So what are the characteristics of someone who does this kind of work? It can't just be "ambitious, hard working, etc..." because you could say the same thing about the top people in any field.

For starters, look up investment banking on Wikipedia and see if it sounds like you might enjoy the work. Take a few accounting and business classes and see how it goes. A buddy of mine was dead set on getting a business degree until he took Intro to Accounting (the weed-out course for business majors at IU) and failed the midterm, now he's switched to Political Science and Corporate Law and enjoys it 100x more. Personally I can't imagine myself being anything other than a finance major

 

[theeedude]

I must be the exception. That statement is retarded.

 

[Whisper]

Originally posted by: OREOSpeedwagon

Originally posted by: Special K

Originally posted by: halik

Originally posted by: Special K

Originally posted by: halik

Originally posted by: OREOSpeedwagon

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

to have a ton in the bank for when you need it.

it scales down to maybe 60 as you gain seniority ... and the comp grows quite a bit

Do many people in this line of work actually enjoy it? Is it a very satisfying job? Would you recommend this type of job to someone who is pretty sure they don't like this field, but just want the money?

no, you'll quit after a couple of months. It takes a special characted to do it and it's definitely not for the money.

So what are the characteristics of someone who does this kind of work? It can't just be "ambitious, hard working, etc..." because you could say the same thing about the top people in any field.

For starters, look up investment banking on Wikipedia and see if it sounds like you might enjoy the work. Take a few accounting and business classes and see how it goes. A buddy of mine was dead set on getting a business degree until he took Intro to Accounting (the weed-out course for business majors at IU) and failed the midterm, now he's switched to Political Science and Corporate Law and enjoys it 100x more. Personally I can't imagine myself being anything other than a finance major

An ex-girlfriend of mine has been into i-banking for a little while now out in SF. Not sure if she enjoys it per se, but she definitely likes it now a lot more than she did the first couple of years. I don't think she ever hated the work itself, though; just the long hours.

 

[Slew Foot]

Originally posted by: halik

Originally posted by: OREOSpeedwagon

Originally posted by: Leros

Originally posted by: PaulNEPats
100 hour weeks? Damn.. hope it's worth it.

If you're working 100 hours a week, what do you need money for?

to have a ton in the bank for when you need it.

it scales down to maybe 60 as you gain seniority ... and the comp grows quite a bit

Suckers, Im working 40 hours a week and Ive got more money than I know what to do with.