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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Finance

Major in Econ and get a job as an analyst on Wall Street. Then move to a hedge fund. [/quote]

This is more the exception, though.  I'd venture to say that "most" doctors end up making > 200K by the time they retire.

I wouldn't say that for most people in Finance.  There are plenty of sub 100K jobs..[/quote]

I used to work on Wall Street (investment banking, then buy-side at a long/short hedge fund) and "Finance" is such a broad term and it's thrown around liberally.  There is a BIG difference between "front office" and "middle" or "back office."  The folks complaining about not making much in finance or "never making that kind of money" are most likely not in the "front office," or revenue generators (i.e. bankers, traders, portfolio managers, hedge fund analysts).  There is another distinction between sell-side (investment banks) and buy-side (hedge funds, mutual funds, private equity).

If you're in a front office finance job, you can make very good money and you can easily get paid several hundred thousand dollars into the millions.  But, there is generally ZERO job security.  If you don't perform, you can easily get fired or get a donut at the end of the year (zero bonus).  And competition is incredibly tough.  At the fund, we made the mistake of posting the job on Bloomberg (which still eliminates the riff-raff since you need Bloomberg access to see the job posting), and we got hundreds of resumes...many Harvard MBAs, Wharton, etc...

A true high-paying finance career can generate a "high-end income," but it can be very difficult to find a replacement job if you get blown out...and it happens all the time.  Lots of people leave finance because they can't find another job.

If you love money, front office finance jobs are great.  But, to land those jobs, you have to have top-notch credentials (it's the expectation) or super strong connections.  I love money and it was awesome getting bonuses, but the jobs can be a grind, particularly on the sell-side.  Buy-side, on the other hand, is pretty awesome. 
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