Yesterday, I passed a nice community in the woods. Those were big nice houses with private entrance, far away from main road. I want to live there, so I can feel isolated from complicated world, feed my own organic Chicken and pigs, and play game with my kid. SHI WAI TAO YUAN... I hope this will happen soon.
Yesterday, I passed a nice community in the woods. Those were big nice houses with private entrance, far away from main road. I want to live there, so I can feel isolated from complicated world, feed my own organic Chicken and pigs, and play game with my kid. SHI WAI TAO YUAN... I hope this will happen soon.
以下是引用wsl8028在2006-10-19 21:50:00的发言： my goal is to be an rich man with 1 billion Dollar and high political rank person such as premier or president of the country. how do you think about my goal? that means i wanna to be a premier or prisident of the country with 1 billion dollar property.
"In addition, being professional helps me establish correct attitude to my career development, benefitial to my future success. Therefore, pursuing MBA degree is the first step on my long-term career path."
So enjoy your endless working hour to copy/paste pitchbooks, entertaining yourself at strip clubs and building models that you've known what value it should generate. Sure, you are also ready for the long commute everyday (if you're in NYC) and much higher divorce rate if you managed to get married. All are _benefitial_ to your future success.
To compensate your hard work, sometimes Wall Street does pay fat bonus like this year, sometimes they slaughter headcount like crazy. Quite an exp, huh?
Good luck in establishing a correct attitude to your career dev.
Tell me a division in IBD that doesn't require long hours. Research? Mid/back office? How happy are you with leaving home around 6:30am and getting back around 9-10pm everyday? (It IS better IBD.)
As to buy-side, first, asset management, prop trading etc are NOT part of IB; second, most in buy side don't get paid as good as IB.
Don't be too mean. Copy/paste can be boring to you, but can be exciting to others. Therefore, please don't critisize what others are doing or dreaming, needless to mention copy/paste is not as easy as expected!
As far as I know, sales/trading and some capital markets jobs are not as demanding as IBD, thought the pay is quite good. Even IBD has very long hours, my understanding is that many top business schools graduates are very interested to join IBD (even if they were given options to join less demanding dept. or companies). While gradutes from less reputable schools find it more difficult to join Wall street IBD as associate.
If you give Harverd/Wharton MBA options to choose Goldman Sachs, Mckinsey or P&G, then the answer should be quite obvious.
Very few people will work in IBD for long time. If you can join top tier PE/VC, or strategic positions in hedge funds/or even industrial companies, with great pay but less OT, then you will find the value of IBD.
I don't like to work in IBD. But I don't think it's a great idea to say that it's nothing.
I'm telling the truth. Not many IB can switch to PE/VC or hedge funds. Don't fool yourself.
It's perfectly fine for me to have a passion to IBD. It's very respectable, if it's an informed decision, but it seems many people have many wrong ideas about what it is.
京公网安备11010202008513号 京ICP证101109号 京ICP备12012021号
发表于 2006-10-20 01:51:00
that means i wanna to be a premier or prisident of the country with 1 billion dollar property. 
