$40K+ jobs for the "in-between" years?

[unfrozencaveman]

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Do they give you some sort of signing bonus or otherwise compensate you for such committment? How can they keep you from quitting? (They certainly could keep you from competing in the same industry, and could probably black-list you from working in the field again if you burned them, but not sure how much beyond that they could hinder your leaving.)

The two year positions in finance aren't usually formal deals-- just the nature of the beast. It's not worth your time or theirs to stay less time, even if you're not staying in the industry. If you are, then after two years you can move on to bigger and better things, like not being flogged by your own belt all day at work. It's a question of paying your dues-- particularly in banking. Nothing is going to stop you from cutting and running, but you'd be nuts to take a job in banking for a year to turn your entire salary around on a NYC apartment you never sleep in.

 

[Law2Doc]

you'd be nuts to take a job in banking for a year to turn your entire salary around on a NYC apartment you never sleep in.

Commute in from Jersey or Brooklyn. It's much cheaper to never sleep out there instead. 🙂

 

[unfrozencaveman]

Commute in from Jersey or Brooklyn. It's much cheaper to never sleep out there instead. 🙂

Yeah, and then you're a first year, AND you live in Jersey.

I had a friend who worked for ML in manhattan and he finally saved up enough to buy himself... a houseboat. Pretty cool, for about five minutes I'm guessing.

 

[nyc525]

yeah, I have a research assistant job in manhattan that pays about 40 now after a year (I'm taking 2 years off). People underestimate the pay of these jobs!

 

[tehrawr]

What kind of advice would you give to someone who wanted only wealth?

 

[Law2Doc]

What kind of advice would you give to someone who wanted only wealth?

Marry rich. Pursue a career in finance. Invest significantly and smartly. Luck and inheritance help too.

 

[KAI1927]

What kind of advice would you give to someone who wanted only wealth?

Definately don't pursue medicine if its just for money, it does pay very well; but there are many other professions that pay better and require less training. Its not worth the time you have to put in if money is your soul aim.

 

[deuist]

What kind of advice would you give to someone who wanted only wealth?

Google's stock seems to be the way to go. It jumped $70 in two weeks.

 

[americanpierg]

Capitalism is what makes America - The Dream - for so many poor people in other countries. And those people are really poor, not "America poor." Some people are weak and lose sight of the other things in life that matter (unfortunatley some of those people were Enron executives, etc), but if anyone thinks that we'd be where we are today as far as technology and any of the medically related research fields WITHOUT capitalism, then they are just fooling themselves. You just need to make sure that YOU don't lose sight of the other things in life.

ah, very well put

 

[fewchewrmd]

Google's stock seems to be the way to go. It jumped $70 in two weeks.

Google dropped 120 points before rising 70 mind you; in the last 3days it lost 17 of that 70. Buy oil drillers instead.