11-03-2015 12:12 PM | ||
Unregistered |
Yup, I pretty must agree with those responding to the OP. In summary, for starting, you are looking at at best 4k if coming from a local uni, at a slight premium of 6k coming from global recognized ivies. I'll add value to this thread by suggesting possible ways if you really want to fast track to five digit per month asap. You friend is a good example. These are the few ways I know, outside the super lucky ones selling insurances, property, etc. 1. Yup, the IB and MC jobs. But as mentioned, they take in global ivies with internship experiences with them. 2. Sales in oil brokerage. Spend a year or two learning the business, then generate sales. 3. Start out as research analyst in an asset management company, generate a few good ideas, be reward handsomely. It depends on the style of investing, but know it isn't easy. You're golden if you can predict price movements correctly more than 50% of the time. I'm from an Ivey and I'm in path 3. |
|
10-03-2015 08:35 AM | ||
lifeistough | hi, thankfully I secured a place in the firm and department of my choice, in a JV. looks like its long hours ahead! | |
10-03-2015 12:25 AM | ||
Unregistered |
Quote:
You're not willing to settle for a smaller sized firm? |
|
10-08-2014 10:14 AM | ||
RedOrangeYellow | Please considering posting a photo of her to justify the job offer. You can draw a black bar to cover the eyes (for privacy). | |
09-08-2014 11:46 AM | ||
Unregistered |
Sod advice is pretty sound, and quite agreed with him I think ur friend even with a second class is performing really well in his/ her work and thus the quick pay rise within three years of work. I believe as long as knowing ur interest or passion is and a little bit of effort, any industry will also compensate you well enough for what you r doing. There's this saying行行出状元. If ur interested in culinary, opening a hawker can also make you five digits. Ur thinking too much about ROI. That's why u mention there's this whole groupthink stuff of going finance industry or selected jobs because your mind is also thinking what the common man on the streets are thinking(money). Which make me wonder should you rly go into legal or lawyer as their thinking are often wired diff from the average ppl. I think I've read some article some time ago,( applies to US only) and this article was saying for the remuneration vs work hours, macdonalds staff earn more than the fresh starters in IB. And if u were a us citizen, would that make u look for a job position in macdonalds after u complete ur law deg? Just some thoughts on that |
|
04-08-2014 12:15 PM | ||
lifeistough |
Thanks so much to all of you for the excellent advice! Apologies for the confusion I've caused. I'd just like to clarify that I don't have any issue with working long hours (law school hours are something like 8am - 11pm, and I understand that law firm hours are worse). Its pretty clear also that its (almost) impossible to get a job with a similar starting pay and better hours. But I think the key here is starting pay. I was wondering if there may be professions out there that (despite having a lower starting pay) may outstrip law in terms of pay in the long run. From the associates I've asked, annual increments in law range from 800-1200, with 3-6 months bonus per year. As an example, I have a friend who graduated 2nd upper (without distinguishing accomplishments) who secured an analyst role in an AM firm as a fresh grad around 3 years ago, and is now earning 5 digits PM. I understand that I may be being unrealistic with my outlook. I've moderated my expectations accordingly, but believe that there is no harm trying to get the best position I can. Thanks again!!! |
|
04-08-2014 11:17 AM | ||
Unregistered |
Quote:
I am also somewhat puzzled by your contradicting statements. There are actually very few jobs that offer a high starting salary for fresh graduates. And even if they do, none will be cushy jobs. Unless of course, you're working in family corporation or your own business (think investment). So a starting salary of $6k for a lawyer is pretty impressive; that's about 4 years work for any other fresh grad to hit in general. I noticed that you're still only in year 2. That means you've yet to take higher level mods, which will be more competitive (due to natural selection, harder topics, and smaller classes). Unless you've reached FCH already, don't bet your horses that you will remain 2nd upper and above. My advise would for you would be to take more business modules, to enter financial institutions. Think Chen Show Mao. |
|
01-08-2014 06:07 PM | ||
SOD | Just to clarify, by Big 3 I meant McKinsey, BCG & Bain. Not referring to the big 4 accounting firms that do mass campus recruitment with minimal screening and offer 2.8k/3k a piece to anyone with a degree by the busloads. | |
01-08-2014 11:38 AM | ||
Unregistered | Who did she sleep with? | |
01-08-2014 11:28 AM | ||
Unregistered | You are a top 20% guy with a top 0.1% expection. Time to come down from heaven to smell the coffee. | |
This thread has more than 10 replies. Click here to review the whole thread. |