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Day in the life of an investment banker...(this is rough)

indy787indy787 Registered User Posts: 238 Junior Member
edited November 2008 in Business Major
http://www.vault.com/nr/main_article_detail.jsp?article_id=23146519&cat_id=0&ht_type=1

This is just ridiculous! They certainly deserve the $500,000 salary.
Post edited by indy787 on
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Replies to: Day in the life of an investment banker...(this is rough)

  • AlexandreAlexandre Registered User Posts: 24,617 Senior Member
    That sounds about right. People always ask me why I quite IB and went into HR...well, there's your answer! LOL
  • supervillainsupervillain Registered User Posts: 70 Junior Member
    500 g's as an analyst? yeah right!
  • AlexandreAlexandre Registered User Posts: 24,617 Senior Member
    Supervillain, in my third and final year as an IBanker back in 1999, my salary, including my fat bonus was not too far from the 500 G mark. But it was simply not worth it. I make half of that today (7 years and a graduate degree later) but I am much happier!
  • VTBoyVTBoy Registered User Posts: 580 Member
    I rather have a 40 hour a week job making 100,000 a year, 3 years after graduating and 200,000 a year, 10 years after graduating with your undergraduate degree. U make a lot less but only work 40 hours a week.
  • dcfcadcfca Registered User Posts: 1,552 Senior Member
    Alexandre, just wondering -- what kind of work/where do you work nowadays? And what's Dubai like? I have a friend who works for KPMG in Baghdad and he's visited and sent me pictures and it looks like a really great place, but is it only a tourist spot? Or is it actually a nice place to live?
  • AlexandreAlexandre Registered User Posts: 24,617 Senior Member
    dcfca, I currently work for a mid-large sized local company. I am the head of Human Resources, in charge of a work force of 3,000 or so employees.

    Dubai is an interesting place to live...for a short period of time and it is a fun and "different" place to visit. However, I do not see myself living in the UAE in 10 years.
  • sempitern555sempitern555 - Posts: 3,350 Senior Member
    that sort of describes my life as a student
  • dstarkdstark Registered User Posts: 34,241 Senior Member
    Alexandre, what did you get your graduate degree in?
    What experience helps someone do well in the human resources field?
  • AlexandreAlexandre Registered User Posts: 24,617 Senior Member
    I got my graduate degree in Industrial and Labor Relations at Cornell. As for the sort of experience a person needs to become a successful HR professional, there really isn't a model. Many sociologists and psychologists make excellent HR professionals, but successful HR professionals usually come from all sorts of backgrounds.
  • mahras2mahras2 Registered User Posts: 1,977 Senior Member
    Its all about being a trader ;). Work less and if you are good that 500K will look like chump change. Didnt say its easy but it can be done.
  • primitivefutureprimitivefuture - Posts: 1,453 Member
    Alexandre, how much can I get as a begginner analyst?
  • jpps1jpps1 . Posts: 1,993 Senior Member
    Depending on the i-bank and your education, you could expect a salary and bonus of anywhere from $70,000-105,000.
  • primitivefutureprimitivefuture - Posts: 1,453 Member
    how how many years do i need to work to earn $500,00 annually?
  • TpeckTpeck - Posts: 590 Member
    My job now is alot more stressful then that. That looks like a breeze in the park. You guys don't do construction/work-outside often do you?
  • dcfcadcfca Registered User Posts: 1,552 Senior Member
    even though their not working with their hands, the work can still be stressful/challenging.
This discussion has been closed.