<p><a href=“Businessweek - Bloomberg”>Businessweek - Bloomberg;
<p>how good can walt disney really be paying vs I banking, if its voted #1 place to work for business majors and overall? Must be that friendly environment!</p>
<p>maybe people enjoy having a life, money isn’t everything.</p>
<p>disney is an awesome firm…a friend of mine at HBS turned down an awesome offer from GS and other ibanks for a place in disney strategy group. Decent pay, LA, better work/life balance, etc.</p>
<p>The marginal returns on income above a certain amount start to decrease, and people become more willing to take pecuniary benefits instead.</p>
<p>bern700, how much is your friend making?</p>
<p>maddskillz: I’m not exactly sure but it’s enough for him to afford a nice house, an awesome car, and a great life…</p>
<p>I agree with you UCLA. Take me for example. I made more when I was a 23 year old Investment Banker than I do today, as a 32 year old HR director. But, I now work 46 weeks a year instead of 50 weeks a year and I work 50 hour weeks instead of 80 hour weeks. I’d rather earn $200,000 and have a great quality of life than earn $500,000 and not have a good quality of life. That’s just me though!</p>
<p>Alexandre,</p>
<p>I’m talking to someone named “hotpiece” in another thread, and it amazes me how much people care about knickknacks and silly doodads more than the time to actually enjoy them. </p>
<p>What’s the point of having a child that goes to a top school if you never see them? Or having a beautiful home you never live in? Or having a wonderful car you never drive? Just to say you “have it?”</p>
<p>Bah. Count me out. I’d rather die existentially satisfied than “fabulously wealthy.”</p>
<p>I hear you. I also think it is a function of age. I cared much more about money when I was younger. I now care about more personal things.</p>
<p>Does this mean by the time I’m your age, I’ll end up in a hippie commune, forsaking all material things?</p>
<p>Oh noes!</p>
<p>you mean there’s more to this life than amassing the leetest gear?</p>
<p>No, that’s a total lie. Life is just a material ratrace, with no esoteric benefits to be had at all. Submit! :p</p>
<p>I sometimes wonder if people who care so passionately about money have ever spent a day with a friend, just laughing about a silly joke from the morning?</p>
<p>
</p>
<p>No, they don’t. And if you ever tried to make such a person laugh he would beat you with his massive hard-cover copy of The Investment Banking Handbook.</p>
<p><a href=“http://www.amazon.com/gp/product/0471815624/[/url]”>http://www.amazon.com/gp/product/0471815624/</a></p>
<p>ah, such pursuit of money worries me.</p>
<p>I think this thread might break the little hearts of 85% of the people here, all of which dream to be investment bankers.</p>
<p>I’m not saying that I-banking is super great or anything, because it’s not. The life sucks, but some of the exit opportunities are really great. Bern mentions working for strategy with Disney, check it out:</p>
<p>
</p>
<p>So I mean it would be really great to land a job with that group, but look at the requirements, they want someone who’s done banking, consulting, or worked strategy. So that is why I think banking is OK, a 2 year stint in banking can be used as means to an end, most other corporate and business dev jobs want people who’ve done 2 years of banking or consulting because it teaches some good necessary skills.</p>
<p>Someone had asked about how much these guys get paid, I’ve heard that Pre-MBA Corporate/Business Dev guys get paid about 70-110K but you have to keep in mind the fact that you’d only be working 40-50 hours a week which is wonderful.</p>
<p>How much money can fresh college graduates make at banks as an investment banker?</p>
<p>100k with a life of 90-120 hour weeks</p>
<p>This study surveyed 37,000 business majors at a lot of different schools. If you asked students in the top 5 or top 10 programs, the results would be quite different from the overall results. At least I would think so…</p>
<p>Couldn’t someone just work two jobs and get paid 100K+ and work 90 hours? It could be fun. They could have different personalities at each work place. Yeaaaaah. But seriously 120 hours is 1 job x’s three. Someone could make a lot working 3 jobs.</p>