High-earning careers for risk averse people?

[Anonymous]

Anonymous wrote:He should become a quant.

This is my thought. Quants make a ton of money if they're any good. I would guess that a good quant who isn't the risk taker is still in high demand by those who have no ability to do the math.

[Anonymous]

AI
Cybersecurity
Quant

[Anonymous]

It's also possible that someone who goes into a high demand area and is good at it will become more confident and potentially more outgoing due to the confidence.

[Anonymous]

Anonymous wrote:Cybersecurity will be around for the next 30 years and it pay’s extremely well. My DS, a recent grad, is working for a financial institution in cybersecurity division and he gets paid 200K with 100K signing bonus.

Cybersecurity is among many disciplines within Computer Science.

I think Cyber will always be a good subject. But where does he work and how recent of a grad is he that he gets paid this much? Is he in consulting or FAANG? I always thought the problem with Cyber was that it isn't revenue generating and the pay corresponds with the risk of cyber incidents. So the pay is good but not phenomenal.

[Anonymous]

Anonymous wrote:Law, with the caveat that he attends a T14 law school. This is pretty easy to do if you have a good GPA (3.9+, so he should pick a major where this is feasible) and do well on the LSAT. Which is not that hard if you study and retake it if you don’t get a 170.

I went to Penn and pretty much everyone in the class who was interested got a biglaw job, even people who were bozos or didn’t get good grades. Biglaw isn’t necessarily a long-term plan but if you put in a few years you’ll be able to exit to an in house job or the government (harder, but this is a really great option). If you’re at a school like Penn or better, there’s really not much work to be done in terms of achieving a financially stable career after you get in. The path is pretty linear.

This advice is not current. With the rebellion against US News rankings by so many top law schools, and a push to de-emphasize standardized testing, law school admissions, like all education admissions, is increasingly subjective and difficult to predict.

[Anonymous]

Anonymous wrote:

Anonymous wrote:He should become a quant.

This is my thought. Quants make a ton of money if they're any good. I would guess that a good quant who isn't the risk taker is still in high demand by those who have no ability to do the math.

What is a quant?

[Anonymous]

I’m in IT consulting by way of a BS in engineering and I consider myself low-risk. I chose what was at the time the highest paid 4 year degree and I chose to work for a large, well respected company straight out of undergrad. What majors and industries are “hot” changes each decade, but working for a large company where your career path is a bit cookie-cutter, albeit well paying, the first 3-5 years is pretty safe and stable.

A lot of people are saying Accounting, but my company is constantly using automation and AI to reduce the number of “in house” and administrative employees we need - especially Accounting, Finance, and HR.

It comes with med school debt, but the best salary to work hours/lifestyle ratio of anyone I know is my friend who is an anesthesiologist at a free standing surgery center in a low cost of living area of the Midwest.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He should become a quant.

This is my thought. Quants make a ton of money if they're any good. I would guess that a good quant who isn't the risk taker is still in high demand by those who have no ability to do the math.

What is a quant?

Quantitative analyst. It’s a finance role.

[Anonymous]

Nurse anesthesiologist. Way less debt then a regular anesthesiologist and can start working much sooner. Very in demand and a high job satisfaction rate.

[Anonymous]

Anonymous wrote:If he’s genuinely interested in medicine join he military and have them pay for med school. “Retire” after 20 years with a pension and go into private practice.

risk adverse and join the military do not really go together.

[Anonymous]

Anonymous wrote:

Anonymous wrote:He should become a quant.

This is my thought. Quants make a ton of money if they're any good. I would guess that a good quant who isn't the risk taker is still in high demand by those who have no ability to do the math.

What kind of major leads to quant jobs?

[Anonymous]

Anonymous wrote:Nurse anesthesiologist. Way less debt then a regular anesthesiologist and can start working much sooner. Very in demand and a high job satisfaction rate.

I was going to suggest this. I'm thinking of a career change this way.

[Anonymous]

Anonymous wrote:I’m in IT consulting by way of a BS in engineering and I consider myself low-risk. I chose what was at the time the highest paid 4 year degree and I chose to work for a large, well respected company straight out of undergrad. What majors and industries are “hot” changes each decade, but working for a large company where your career path is a bit cookie-cutter, albeit well paying, the first 3-5 years is pretty safe and stable.

A lot of people are saying Accounting, but my company is constantly using automation and AI to reduce the number of “in house” and administrative employees we need - especially Accounting, Finance, and HR.

It comes with med school debt, but the best salary to work hours/lifestyle ratio of anyone I know is my friend who is an anesthesiologist at a free standing surgery center in a low cost of living area of the Midwest.

As an accounting person, I manage the admin providers (accounting and IT), it’s always amusing to see people like you claim to replace me yet your contracts are determined by me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He should become a quant.

This is my thought. Quants make a ton of money if they're any good. I would guess that a good quant who isn't the risk taker is still in high demand by those who have no ability to do the math.

What kind of major leads to quant jobs?

Computer science. Risk adverse should do back office quant, if you own the tech stack you can be paid 600-800k.

[Anonymous]

Anonymous wrote:I think Cyber will always be a good subject. But where does he work and how recent of a grad is he that he gets paid this much? Is he in consulting or FAANG? I always thought the problem with Cyber was that it isn't revenue generating and the pay corresponds with the risk of cyber incidents. So the pay is good but not phenomenal.

He graduated in May ‘23. Financial companies invest a lot in cyber. It only takes one incident to get yourself in the news.

I work. in Cyber for DHS and I get paid at 275K. I could easily double that salary should I leave DHS.