CollectivSynergy, not to call you out bud, but if you consider "auditing and consulting" careers in finance, you really have no clue what you're talking about. Sorry.
Myth #2:
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To those who seem to think S&T is amazing - it's not. I know many people who want the heck out of there. Your salary is very low, and almost your entire compensation is the bonus, so your income can vary wildly.
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False. S&T is a function within an investment bank; therefore, analysts in S&T get paid street. What you're referring to is at a prop shop like Jane Street where there is no salary at all and your comp is performance-based.