Reply to What's the appeal of working on Wall Street?

Forum Index » College and University Discussion

Reply to "What's the appeal of working on Wall Street?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why are people in here acting like making money isn't a desirable goal? FYI if you said something like that, you MIGHT want to check your privilege. The only people who say money doesn't matter are people who grew up with it and can't imagine life any other way.

These days, most highly educated professionals are expected to work AT LEAST 50 hours a week but usually more. I don't know about you, but if I'm going to spend 10 hours a day at work no matter what, I'd rather make the 500k + (extremely hefty bonus) salary rather than the 50-250k  salary. [/quote]

It is, but I left.  Money was great, but I got NO fulfillment from it.  Now, had I done it at 22, that may have been different.  I ended up in IB with a law degree b/c the bankers were struggling with the docs.  Long story.  I stayed 4 years b/c it is a young person's game.  By the time I went to structured finance, I was married with 2 kids.  I got no fulfillment from it.  [/quote]

You are so out of touch. It is a privilege to think about fulfillment. Many people grind away at worse jobs and aren't paid enough to support their families.[/quote]
Yes, because your options are to work monster hours making $500K/year or grind away at a job that doesn't support your family  :roll: If you are smart enough to work on Wall Street, you are smart enough to find another less stressful/more fulfilling job if that's what you want.

Where do you people GET this stuff? [/quote]

Are you purposely dense? Yes, you can get other jobs. That's exactly what people do after their 2-year stint is over. But there aren't really that many entry-level jobs that allow you to pay off $60,000 while also sending money home because your parents need your support too. [/quote]

Oh please. The vast majority of college grads heading to Wall Street come from well-to-do families. They don't have college loans and they sure as hell aren't supporting their parents.[/quote]

Flat wrong.  Supporting families immediately after college, maybe not.  But majority well-to-do, hardly.  Smart and aggressive are the most common traits. Sales and trading groups typically look for the hungry and not the entitled types.[/quote]

Do you have data to back this up? Considering that so many Wall Street employees come from elite colleges, almost all of which pledge to meet students' full financial need, it doesn't really follow that large numbers of them are struggling financially in the way you describe. The people who are from truly poor families aren't likely to have much, if any, loan burden (though they might opt to send money home to their parents). The ones who do have giant loans got them because they actually *are* from reasonably well-to-do families that didn't qualify for much financial aid.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics