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Old 05-14-2007, 09:32 PM   #16
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Join Date: May 2005
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So, to get this straight, if an analyst averages 100 hours a week for his first year - say, 50 weeks paid - that's 5000 hours. Works out to $30 an hour if he makes $150,000 (with bonus)?

Is there ANYONE who actually enjoys investment banking or is it pretty much the case that you only get in it for the money? I am a current engineering student and thought this summer (rising 2nd-year student) I'd look into different career options like investment banking so I'd know exactly what kind of internships I'd be looking for, but money can't buy happiness...ALL I've read are accounts about how horrible of a job it is, how you'll basically give up your 20's and some of your 30's (if you last that long) to become a millionaire.

Does anyone have any positive things to say about Investment banking? Any accounts of people who actually enjoy it, or get into it for a reason better than money?
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Old 05-14-2007, 10:35 PM   #17
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exit opportunities
neutralnuke is offline  
Old 05-15-2007, 12:12 AM   #18
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You mean you'll have the experience to go somewhere else on Wall Street?
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Old 05-21-2007, 12:18 AM   #19
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Sure, you'll get rich in I-Banking. For the first number of years, when will you have time to spend the money you earn?
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