<p><a href=“http://www.vault.com/nr/main_article_detail.jsp?article_id=23146519&cat_id=0&ht_type=1[/url]”>http://www.vault.com/nr/main_article_detail.jsp?article_id=23146519&cat_id=0&ht_type=1</a></p>
<p>This is just ridiculous! They certainly deserve the $500,000 salary.</p>
<p>That sounds about right. People always ask me why I quite IB and went into HR…well, there’s your answer! LOL</p>
<p>500 g’s as an analyst? yeah right!</p>
<p>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!</p>
<p>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.</p>
<p>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?</p>
<p>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. </p>
<p>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.</p>
<p>that sort of describes my life as a student</p>
<p>Alexandre, what did you get your graduate degree in?
What experience helps someone do well in the human resources field?</p>
<p>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.</p>
<p>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.</p>
<p>Alexandre, how much can I get as a begginner analyst?</p>
<p>Depending on the i-bank and your education, you could expect a salary and bonus of anywhere from $70,000-105,000.</p>
<p>how how many years do i need to work to earn $500,00 annually?</p>
<p>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?</p>
<p>even though their not working with their hands, the work can still be stressful/challenging.</p>
<p>All I can say is my future is a big OUCH!</p>
<p>What other profession will pay a college graduate 70K-100K first year? Sure by hourly rate its low but what job will even LET you work for that many hours. Gotta have your priorities and make tradeoffs.</p>
<p>still…OUCH! LOL</p>
<p>From the little I have seen, most first years at IBs start at about $50,000-$60,000 base, get a $15,000 signing bonus and the typical year-end bonus can be anywhere from nothing to $100 Gs, depending on how good you are. And the typical Analyst spends roughly 80 hours a week at work. </p>
<p>Your survival and level of success at an IB will depend entirely on how hard you work and how good you are. Many IBankers never reach the 500 Gs mark.</p>