What's the best career for guaranteed big bucks? $ $ $ $ $ $ $ $ $

[Jumpem]

Originally posted by: Gibson486
yeah...you start off great...but it doe snot move that much after. You reach the roof quickly unless you become a VP of some sort.

Not necessarily. I started work as an engineer three years ago, and have had $21k in raises in that time.

 

[spidey07]

Business, communication, finance.

You can take that anywhere. Engineering is like the people that mow your lawn, they are necessary, you don't pay them much...but you need them.

 

[Jumpem]

Originally posted by: Gibson486
BTW OP, if you are mostly interested in money, do not pick engineering. Do business. An engineer whose interests include only making money will have a terrible career.

All of the business majors I know make far less than engineers. My wife has an accounting degree and barely earns two-thirds of what I do.

 

[Capt Caveman]

Originally posted by: Jumpem

Originally posted by: Gibson486
BTW OP, if you are mostly interested in money, do not pick engineering. Do business. An engineer whose interests include only making money will have a terrible career.

All of the business majors I know make far less than engineers. My wife has an accounting degree and barely earns two-thirds of what I do.

Then you don't know any that are working on Wall St or an investment banker.

Tell your wife to get her CPA and she'll be making more than you.

 

[ponyo]

dentist. specialize in something like ortho, pediatric, oral surgeon. Short hours. Many only work like 3 and 1/2 days a week. Start out of school making ~$250k a year and then open your own practice after a year or two and pull in $500-600k a year working 4-5 days a week.

 

[Argo]

Originally posted by: Jumpem

Originally posted by: Gibson486
BTW OP, if you are mostly interested in money, do not pick engineering. Do business. An engineer whose interests include only making money will have a terrible career.

All of the business majors I know make far less than engineers. My wife has an accounting degree and barely earns two-thirds of what I do.

Yeah I don't agree with that statement either. I think it should instead read: "If you're after money don't go into engineering unless you have high amount of skills to back it up".

To the OP: It is possible to make a lot of money in engineering (at least in software). However, it will require great amounts of the following 2 skills: problem solving and communication.

 

[Jumpem]

Originally posted by: Capt Caveman
Then you don't know any that are working on Wall St or an investment banker.

Tell your wife to get her CPA and she'll be making more than you.

Not around here. Some of her coworkers have CPAs and have been working longer and make maybe $50k. Accounting is not a high salary job in central NY.

Heck, her manager is a CPA, and I make more than he does as a relatively new engineer.

 

[Gibson486]

Originally posted by: Jumpem

Originally posted by: Gibson486
BTW OP, if you are mostly interested in money, do not pick engineering. Do business. An engineer whose interests include only making money will have a terrible career.

All of the business majors I know make far less than engineers. My wife has an accounting degree and barely earns two-thirds of what I do.

And that is the problem. You equate major with job and that's all. Entry level...yeah, engineers will always be near the top right out of school. Business majors are a dime a dozen. All that is required is that you major in your field. However, when you start talking career....people who chose the business career path (even as an engineer) will quickly surpass those who chose to stay in the engineering design path. You can't always go by what ones makes right out of school and what the raise increase was in three years. You have to look at it in the long term.....how much will you be making in 10 years?

 

[Gibson486]

Originally posted by: Jumpem

Originally posted by: Capt Caveman
Then you don't know any that are working on Wall St or an investment banker.

Tell your wife to get her CPA and she'll be making more than you.

Not around here. Some of her coworkers have CPAs and have been working longer and make maybe $50k. Accounting is not a high salary job in central NY.

Heck, her manager is a CPA, and I make more than he does as a relatively new engineer.

then they must be awful accountants working in the private industry.

 

[Jumpem]

Originally posted by: Gibson486
And that is the problem. You equate major with job and that's all. Entry level...yeah, engineers will always be near the top right out of school. Business majors are a dime a dozen. All that is required is that you major in your field. However, when you start talking career....people who chose the business career path (even as an engineer) will quickly surpass those who chose to stay in the engineering design path. You can't always go by what ones makes right out of school and what the raise increase was in three years. You have to look at it in the long term.....how much will you be making in 10 years?

Well her manager has about 10 years in and makes $61k. I have 3 years in and make $71k. I'd expect to be over $85k at the 10 year mark.

I am sure your examples are pertinent on Wall Street or in major cities. but my experience here is otherwise.

Edit: Yes she did switch to private accounting. Got burnt out doing public.

 

[imported_Lothar]

Originally posted by: Jumpem

Originally posted by: Gibson486
BTW OP, if you are mostly interested in money, do not pick engineering. Do business. An engineer whose interests include only making money will have a terrible career.

All of the business majors I know make far less than engineers. My wife has an accounting degree and barely earns two-thirds of what I do.

Lol...

 

[BoomerD]

Originally posted by: Gibson486

Originally posted by: 91TTZ

Originally posted by: BoomerD
Specialized Medicine. Neurosurgeon, anesthesiologist, etc. NOT just GP MD.

Engineering; E.E, Structural, something that really can't be outsourced easily.

Finance; SOME aspects of finance can be easily outsourced. e.g. you can train a monkey, or Chinese, or Indian to crunch numbers, and even a certain amount of accounting/analysis can be outsourced, but, I think it's still a fairly safe area of employment that offers the opportunity to make serious money.
(just ask Arthur Anderson!)

Did you just say that an electrical engineer can't be outsourced easily? lol

depends what kind of EE. Such a broad field. Electronics Egineer, yeah, it can.

If you get right down to it, just about any job that isn't "hands-on" like construction or other industries that actually "require a human being to do the job in person, at the location of the work," can be outsourced. MOST engineering jobs, accounting, finance, etc. COULD be outsourced, although often with many drawbacks, however, many jobs, even in those areas, often require a live 'uman, physically on the site to do the job properly.

 

[summit]

money comes and go but your career will last you many years. stick to something you somewhat enjoy.

 

[Gibson486]

Originally posted by: BoomerD

Originally posted by: Gibson486

Originally posted by: 91TTZ

Originally posted by: BoomerD
Specialized Medicine. Neurosurgeon, anesthesiologist, etc. NOT just GP MD.

Engineering; E.E, Structural, something that really can't be outsourced easily.

Finance; SOME aspects of finance can be easily outsourced. e.g. you can train a monkey, or Chinese, or Indian to crunch numbers, and even a certain amount of accounting/analysis can be outsourced, but, I think it's still a fairly safe area of employment that offers the opportunity to make serious money.
(just ask Arthur Anderson!)

Did you just say that an electrical engineer can't be outsourced easily? lol

depends what kind of EE. Such a broad field. Electronics Egineer, yeah, it can.

If you get right down to it, just about any job that isn't "hands-on" like construction or other industries that actually "require a human being to do the job in person, at the location of the work," can be outsourced. MOST engineering jobs, accounting, finance, etc. COULD be outsourced, although often with many drawbacks, however, many jobs, even in those areas, often require a live 'uman, physically on the site to do the job properly.

You can't really outsource the business side of things. Having an foreign company take care of a US company's finances is not exactly what a company wants. You can't treat a company's assets like payroll. But I agree, lots of stuff can be easilt outsourced, eventually.

 

[ICRS]

Selling your body.

 

[BoomerD]

Originally posted by: Gibson486

Originally posted by: BoomerD

Originally posted by: Gibson486

Originally posted by: 91TTZ

Originally posted by: BoomerD
Specialized Medicine. Neurosurgeon, anesthesiologist, etc. NOT just GP MD.

Engineering; E.E, Structural, something that really can't be outsourced easily.

Finance; SOME aspects of finance can be easily outsourced. e.g. you can train a monkey, or Chinese, or Indian to crunch numbers, and even a certain amount of accounting/analysis can be outsourced, but, I think it's still a fairly safe area of employment that offers the opportunity to make serious money.
(just ask Arthur Anderson!)

Did you just say that an electrical engineer can't be outsourced easily? lol

depends what kind of EE. Such a broad field. Electronics Egineer, yeah, it can.

If you get right down to it, just about any job that isn't "hands-on" like construction or other industries that actually "require a human being to do the job in person, at the location of the work," can be outsourced. MOST engineering jobs, accounting, finance, etc. COULD be outsourced, although often with many drawbacks, however, many jobs, even in those areas, often require a live 'uman, physically on the site to do the job properly.

You can't really outsource the business side of things. Having an foreign company take care of a US company's finances is not exactly what a company wants. You can't treat a company's assets like payroll. But I agree, lots of stuff can be easilt outsourced, eventually.

I don't think ANY outsourcing is a good idea, and IMO, it's bad for America, BUT, the corporations don't care about America nor about Americans...they only care about their bottom line, and their finance people could be in any country. The only allegiance is to the Almighty Dollar.

 

[RaistlinZ]

High finance. Bulls....bears....people from Connecticut.

 

[Adam8281]

3 years of law school, can start at $160k+bonus in the major cities, $145k in secondary cities like Atlanta

 

[Capt Caveman]

Originally posted by: BoomerD

Originally posted by: Gibson486

Originally posted by: BoomerD

Originally posted by: Gibson486

Originally posted by: 91TTZ

Originally posted by: BoomerD
Specialized Medicine. Neurosurgeon, anesthesiologist, etc. NOT just GP MD.

Engineering; E.E, Structural, something that really can't be outsourced easily.

Finance; SOME aspects of finance can be easily outsourced. e.g. you can train a monkey, or Chinese, or Indian to crunch numbers, and even a certain amount of accounting/analysis can be outsourced, but, I think it's still a fairly safe area of employment that offers the opportunity to make serious money.
(just ask Arthur Anderson!)

Did you just say that an electrical engineer can't be outsourced easily? lol

depends what kind of EE. Such a broad field. Electronics Egineer, yeah, it can.

If you get right down to it, just about any job that isn't "hands-on" like construction or other industries that actually "require a human being to do the job in person, at the location of the work," can be outsourced. MOST engineering jobs, accounting, finance, etc. COULD be outsourced, although often with many drawbacks, however, many jobs, even in those areas, often require a live 'uman, physically on the site to do the job properly.

You can't really outsource the business side of things. Having an foreign company take care of a US company's finances is not exactly what a company wants. You can't treat a company's assets like payroll. But I agree, lots of stuff can be easilt outsourced, eventually.

I don't think ANY outsourcing is a good idea, and IMO, it's bad for America, BUT, the corporations don't care about America nor about Americans...they only care about their bottom line, and their finance people could be in any country. The only allegiance is to the Almighty Dollar.

Nope, not if it's a real company. Finance folks work closely with business units, assisting in budgeting, financing, forecasting, expense/capital planning, etc...

You also need finance/accounting folks that are well-versed in US Accounting practices. Public companies need to be audited and finance/accounting folks are required in the process.

 

[duragezic]

Originally posted by: BoomerD

Originally posted by: duragezic
Responses to this question I hear often is investment banking. Long fucking hours though.

Most kinds of engineering pay well but I wouldn't say big bucks.

Nurses make 20-30k/yr? Even in a tiny town that is ridiculous. They should definitely make more than that. 63k as DeathBUA says sounds better. That is about average, maybe a little on the high side, for a lot of entry level engineering jobs.

IIRC, RN's here make about $40-$50/hour with lots of paid overtime and great benefits. Usually a sweet signing-bonus as well.
A god friend's wife works at Children's Hospital by Fresno and STARTED at $45/hr right out of nursing school.

That's what I thought. That's why I commented on the previous poster about how low the salaries were. Nursing (or any health care) is an awesome deal. I was more interested in computers and technology always but I always felt nursing would've been a good path. You can a CNA pretty quickly and get a good salary for that. Move up to the RN and get more.

It's weird how much pharmacists get paid. I could do that. 😉 I got a minor in pharmacy during college more or less 😀

 

[TraumaRN]

Originally posted by: duragezic

Originally posted by: BoomerD

Originally posted by: duragezic
Responses to this question I hear often is investment banking. Long fucking hours though.

Most kinds of engineering pay well but I wouldn't say big bucks.

Nurses make 20-30k/yr? Even in a tiny town that is ridiculous. They should definitely make more than that. 63k as DeathBUA says sounds better. That is about average, maybe a little on the high side, for a lot of entry level engineering jobs.

IIRC, RN's here make about $40-$50/hour with lots of paid overtime and great benefits. Usually a sweet signing-bonus as well.
A god friend's wife works at Children's Hospital by Fresno and STARTED at $45/hr right out of nursing school.

That's what I thought. That's why I commented on the previous poster about how low the salaries were. Nursing (or any health care) is an awesome deal. I was more interested in computers and technology always but I always felt nursing would've been a good path. You can a CNA pretty quickly and get a good salary for that. Move up to the RN and get more.

It's weird how much pharmacists get paid. I could do that. 😉 I got a minor in pharmacy during college more or less 😀

Nursing is real dependent on where you live in the country. Out west they make more but cost of living is arguably higher in some places out west.

I'm living in Michigan, 63K is pretty good for a new nurse. I do overtime every week(I work 44hours a week every week) but I only work 4 days a week. The only crappy thing about nursing is that the management level jobs dont really pay much more than a staff nurse unless you are really moving up the ladder so to speak. Hell there are a couple staff nurses that make nearly as much as the Executive Manager of the ED(because they are hourly and get OT)

If I stay full time within 5 years or so I'll max out my pay and be making like 80-82K a year. Not bad considering I'll only be 28.

 

[Reckoner]

Ice Road Trucker

 

[silverpig]

Originally posted by: RaistlinZ
High finance. Bulls....bears....people from Connecticut.

+1 for Seinfeld reference 🙂

 

[Perknose]

Originally posted by: duragezic
It's weird how much pharmacists get paid. I could do that. 😉 I got a minor in pharmacy during college more or less 😀

Honest to God, I knew someone who became pharmacist to, as he put it, "eliminate the middleman." :laugh:

 

[imported_Lothar]

Originally posted by: Adam8281
3 years of law school, can start at $160k+bonus in the major cities, $145k in secondary cities like Atlanta

There are too many lawyers. The market has pretty much saturated
Going to law school doesn't guarantee "six fugures" anymore like it used to in the past.

Unless you finish from one of the top schools of course.