Anonymous wrote:I recommend she read a book called Opening Belle by Mauren Sherry. It was written by a woman who worked on Wall Street for years, and although it is a fictional novel, it is based on events that happened to her when she was working on Wall Street. Fantastic, quick read and a very eye opening account on the Wall Street culture.

No this book is so stupid. Huge waste of time.

hey OP, tell your daughter what you want to tell her. I don't think you are helicoptering at all. I would do the same if I didn't know anything about an industry my daughter is joining. they will always be our children

Anonymous wrote:The management consulting firms she's considering --- Boston Consulting, McKinsey, etc.-- don't pay a whole lot less than Goldman, do they? -- off-putting OP

Actually they do. Your future earnings are way way less in management consulting. Not to mention the job often requires constant travel.

Anonymous wrote:The management consulting firms she's considering --- Boston Consulting, McKinsey, etc.-- don't pay a whole lot less than Goldman, do they? -- off-putting OP

Let your DD figure that out. If she's capable of working in either, she's fully capable of figuring this out.

The management consulting firms she's considering --- Boston Consulting, McKinsey, etc.-- don't pay a whole lot less than Goldman, do they? -- off-putting OP

Anonymous wrote:DCUM is such a great resource for information. It's not a site my daughter frequents. I would love to gather the collective wisdom offered here and share it with her. If that's helicoptering, then I happily plead guilty. It's what I've done in the past, and it seems to have worked so far.

Your daughter can diced her own life.

If your daughter wanted to know the difference btw trading and consulting there are numerous guides such as vault out there for college students. The fact she got into a analyst program shows she must have access to resources like that. You ARE being a helicopter mom and it is very off putting.

I would go with trading, she will earn way less in consulting like possibly even ~ 80k less and I actually find it much less female friendly and stressful due to the constant travel. So more money plus a little more sleep equals trading.

DCUM is such a great resource for information. It's not a site my daughter frequents. I would love to gather the collective wisdom offered here and share it with her. If that's helicoptering, then I happily plead guilty. It's what I've done in the past, and it seems to have worked so far.

I worked at GS and I'd tell her to do it for a couple of years. Trading is a man's world and it is very difficult for women to carve out a long term career as a trader or even in front office. Definitely something I'd do in my early 20s with a clear understanding that it's not the rest of my life. The stress and hours are crazy.

For sure choose wall st over management consulting although those firms are marginally better for women in the long run.

Anonymous wrote:Thanks, everybody! I'll make sure she takes a look at this thread. She worked at GS this summer as an intern, btw. She's still considering management consulting. Anyone want to weigh in on GS trading versus working for BCG, etc.?

No offense but back off and let her figure it out herself. Stop helicoptering.

Anonymous wrote:Thanks, everybody! I'll make sure she takes a look at this thread. She worked at GS this summer as an intern, btw. She's still considering management consulting. Anyone want to weigh in on GS trading versus working for BCG, etc.?

Consulting is still a lot of work. Way less pay and prestige. Go with gs without a doubt

Thanks, everybody! I'll make sure she takes a look at this thread. She worked at GS this summer as an intern, btw. She's still considering management consulting. Anyone want to weigh in on GS trading versus working for BCG, etc.?