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04-15-2008, 03:54 AM
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#151 | | Member
Join Date: Apr 2007
Threads: 4
Posts: 345
| Nonsense, it's dull and mindless. If I heard correctly, one has to manually add and multiply? Work long hours? Did I mention boring work? | 
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04-15-2008, 04:29 AM
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#152 | | Senior Member
Join Date: May 2006
Threads: 96
Posts: 1,377
| Quote: |
Nonsense, it's dull and mindless. If I heard correctly, one has to manually add and multiply? Work long hours? Did I mention boring work?
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You do realize you're not an analyst your whole life right? People who prosper in banking, and who move up the ranks, love what they do. You think all an MD does is manually add/multiply? It's dull/boring? | |
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04-15-2008, 08:56 AM
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#153 | | Junior Member
Join Date: Apr 2007
Threads: 1
Posts: 183
| The thrill of watching a deal you pitched 6 months ago finally come to fruition and the negotiating that takes place during the process are two of the reasons I love what I do. It's easy to say that 100 hour weeks are no problem but reality is completely different. You don't know how you would react to working 9am-2am six days in a row more or less for years until you do it. It's not for a lot of people and if you're in it just for the money, like others have said, you'll probably burn out quick or there will be others who are in it for the money and because they love what they do and it'll show that you don't. | |
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04-15-2008, 07:40 PM
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#154 | | Junior Member
Join Date: Feb 2008 Location: jersey girl! Gender: Female
Threads: 9
Posts: 135
| Can someone help me out--I'm trying to make out the difference between ibanking and consulting? I know more about ibanking than I do consulting, but I am starting to think that I would like consulting more because I would really love to travel with my job. That being said, can anyone tell me, or direct me anywhere where I could learn more about consulting and what it is/what it entails? | |
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04-15-2008, 08:01 PM
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#155 | | Member
Join Date: Dec 2007
Threads: 3
Posts: 495
| Ibanking is finance and consulting is... consulting? You consult? You're normally part of a team, and a company hires you to consult, and you do whatever it is they hired you to do? There's tech consulting and general business consulting and forms of consulting that relate to dealing with cash-flow issues or preparing for IPOs or whatever the case may be. The most popular form of consulting normally relates to working on company policy and streamlining operations. They're really not similar. | |
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04-15-2008, 08:09 PM
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#156 | | Junior Member
Join Date: Jan 2008
Threads: 13
Posts: 79
| i see.
lets see where life leads me. =) | |
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04-17-2008, 03:33 PM
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#157 | | Junior Member
Join Date: Mar 2008 Location: lynn, ma Gender: Male
Threads: 1
Posts: 35
| "i love money."
Hate to break it to you but, while money is good, you can't bring your fancy car, big house, and possesions with you when you die. I like money too but not in the typical fashion. I'd rather work my but off and be as frugal as possible so that when I have vacation time I can go wherever I want. To each his own though. | |
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04-22-2008, 07:11 PM
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#158 | | Junior Member
Join Date: May 2007
Threads: 35
Posts: 194
| What exactly is so great about investment banking, besides the money? If it paid the same as an engineer or a lawyer or a teacher, would anyone here still want to do it? | |
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04-22-2008, 10:56 PM
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#159 | | Member
Join Date: Aug 2006 Location: Princeton, NJ '11 Gender: Male
Threads: 18
Posts: 890
| Some, but far, far fewer. Personally, it would still be something I would consider because I am interested in finance and have the right personality for it, but without the significant compensation it might not get above something like law for me and my choices. | |
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04-22-2008, 11:27 PM
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#160 | | Senior Member
Join Date: Feb 2005
Threads: 210
Posts: 1,150
| Yeah...it's always about the money =) | |
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04-30-2008, 09:13 PM
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#161 | | Junior Member
Join Date: Oct 2007
Threads: 35
Posts: 76
| i like money. And i like my thread.  | |
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04-30-2008, 10:33 PM
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#162 | | Member
Join Date: Oct 2006 Location: NYU Stern
Threads: 131
Posts: 602
| i love how everyone is disguising their monetary motivation
sure economics and finance is interesting but i dont think it would nearly attract so many people if the potential 6 figure salary wasn't there | |
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05-02-2008, 08:40 AM
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#163 | | Junior Member
Join Date: Nov 2007
Threads: 17
Posts: 272
| What is the salary of actuaries like in comparison with I bankers? I hear actuaries are highly demanded and are paid very well. Any info? | |
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05-02-2008, 09:33 AM
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#164 | | Member
Join Date: Dec 2007 Location: NYU Stern '12 Gender: Male
Threads: 27
Posts: 739
| How much do quants get paid in comparision to i bankers? I hear that quants are highly valued by i banks and are not as easy to replace as the analysts, hence they are less vulnerable to unemployment during recessions relative to i bankers | |
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06-04-2008, 09:15 PM
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#165 | | Junior Member
Join Date: May 2008
Threads: 5
Posts: 31
| I have a question what's the difference with income, job, and action of VP, MD, CEO, & CFO? | |
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