<p>bearcats: I guess. Math homework is kinda rough at the moment lol. Well It’ll probably only get rough from this point on so w/e.</p>
<p>“Ever thought that it might actually be the case for some people and your ignorant generalization that “what I learn in school will help me in my job and so I should not blow off my classes” might not apply in all situations (at least for me).”</p>
<p>When did I generalize in this way? In fact, I said just this:</p>
<p>“Your points are probably true if you want to be a trader; I’m saying they’re not true for quite a few majors, so new students should be wary of following your advice.”</p>
<p>Work on your reading comprehension!</p>
<p>And the professors/friends I am referring to are farrr from ordinary. Haha. They haven’t taught for their entire lives.</p>
<p>Besides, all money/career related stuff aside, there’s another reason to go to class: some of them are fun! Believe it or not, some people actually enjoy hearing someone talk about their field of study more than they enjoy playing a madden game all by himself in some corner of lecture, thinking he’s the coolest guy ever for not paying attention. It’s also a great way to meet some cool people.</p>
<p>Anyway, I have a Falcons game to watch.</p>
<p>"you talk a big game for someone who’s still in college and all you got was a little summer internship. "</p>
<p>I am pretty sure his “little summer internship” is one that thousands of college students are gunning for? If I didn’t remember wrong, he did his internship at a BB for S&T.</p>
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<p>OMG, whats he gonna do now, work as an entry level analyst at the BB??!?!? that’s unbelievable!!!</p>
<p>"OMG, whats he gonna do now, work as an entry level analyst at the BB??!?!? that’s unbelievable!!! "</p>
<p>I hate bearcats for all his extreme comments and arrogant attitude, but you gotta give credit where its due. You make it sound like any joe schmoe can get an internship in BB front office. A DE Shaw gig is also extremely hard to come by.</p>
<p>Are you aware that BB first year analysts are expecting more than 100k all-in for fiscal year 2009 with the bump to 70k base? He’s probably going to make more than you in his first year.</p>
<p>Why are people so easily impressed by money? And if you are, >100k is nothing to brag about.</p>
<p>Money isn’t important to everyone (I hate saying this because many people use this as an excuse).</p>
<p>Of course >100k is nothing to brag about. </p>
<p>However, not many people actually make >100k all-in in their first year.</p>
<p>Why does that matter?</p>
<p>if >100k isn’t something to brag about how much <em>would</em> be?</p>
<p>I wouldn’t brag about salary.</p>
<p>what would be <em>impressive</em>, then, if >100k is not impressive?</p>
<p>Haha, sorry, but I’m not impressed by money either. I just know that 100k starting definitely doesn’t impress me.</p>
<p>let me direct my question to crazyperson who said “Of course >100k is nothing to brag about.”</p>
<p>@KenLewis What are you impressed by, then?</p>
<p>Like it or not, money and prestige have a high correlation in this world.</p>
<p>There is a reason why people buy VC; There is a reason why people live in certain zip codes; There is a reason why rich people all send their kids to certain prestigious schools.</p>
<p>And why do you think that is?</p>
<p>@Tentai: I’m usually not very easily impressed, but when I am, I am impressed by skill/creativity/philosophical thinking/something along those lines. Whoops, I missed that PM.</p>
<p>You can keep your skill/creativity/philosophical thinking. I will keep my money. :)</p>
<p>wow crazyperson you make me sound like a money wh0re. </p>
<p>Believe it or not, trading to me is not really just about the money. Sure you make good money compared to almost any other entry level positions save IBD. But I actually like trading because it is really exciting. I also find the fundamentals and the technicals intriguing and interesting. Any traders would tell you, if you do it for the money, you would burn out within a couple years and fail miserably. To add salt to the wound, trading is a one way street. The skill set you gain from trading is not as applicable as other prestigious jobs like IBD or strat consulting where you could easily leverage over to corp dev positions at normal companies. The only really viable exit op for trading is hedge funds if you do really well or prop shops. This basically means that you either:
- Do really well, make it big and retire at 35
- Do moderately well, a rather mistake free career and get a mid 6 figure income till you retire
- Fail. Jobless when you are 35 without employable skill to go to other industry and have too many kids to feed</p>
<p>So you pretty much need to know it is an industry for you and not do it for the money.</p>
<p>It’s hard to deal with the pressure cooker trading environment if you hate it to begin with. It is also really hard to go the extra mile, keep learning and improving if you don’t love trading to begin with.</p>
<p>I can respect that, bearcats. Good luck.</p>
<p>@crazyperson: I’d rather have everything! Why do you have to choose between the two?</p>
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<p>OMG really??!? LOL. Where I live, half of the people make more than me and half make peanuts. please don’t go through your life comparing salaries, there’s no end. like am i supposed to be impressed because he can potentially earn more than me? Am I better/smarter than my high school teacher because I make more than him? </p>
<p>My post wasn’t aimed at taking a shot at bearcats, but at his apparent lack of respect for other professionals, especially when we are talking about people who’s been working in the real world diligently for 20+ years.</p>
<p>Does anybody know why Biomed requires a higher GPA than other programs? Is it because you pretty much have to go to grad school after earning that degree?</p>