is Goldman Sachs a viable excuse to defer a year?

[givemeyourlunch]

my first post. found out about the site a few weeks ago, have been looking at the school section, but I am in a some what unique situation.

3.92 GPA, 39 MCAT, 740 GMAT. Econ major at ivy school.
took the very min pre-reqs courses. didn't like science so jumped to econ major. started shadowing my dad and other physicians at his hospital for several months, liked the work, so applied to med schools. applied to 12 schools, got secondaries for all 12. interviewed at 2 already, have 3 scheduled, rest pending interview invite.

i filled out 14 activities, only 1 relates to medicine (my shadowing). all questions at interviews seem to be directed towards why i am in the field. do i want to be here or am i am here because my parents and siblings are in the medical field.

I did a summer internship at Goldman Sachs, it's an investment bank and they have hired me for the upcoming year after I graduate in May. I am not here to brag, you can google what a Goldman Sachs investor makes. I am being paid more than any physicians. Hint my plan to defer for a year.

I called the med school associated with my school. "Oh yeah, you can defer easily. Just give us a call after you been accepted and we will update your profile for you, and you will be automatically accepted for the next cycle". Come to realize this is not remotely true. Sounds like I have to meet with the dean to explain why I want to defer and he has to make a "decision" on it.

I mentioned it at my two interviews. The first one, the reply was "oh, that sounds exciting" while rolling his eyes. The second was very awkward. After I mentioned it, there was a brief 20 second silence. I think they were trying to get at how investing banking relates to the medical field. I didn't have an answer.

Truth is I would rather be a physican than an investor, but the money is just hard to pass up, and to be honest, I think anyone, including adcoms, would share the view point.


oh i am not fat, i wanted "givemeyourlunchmoney" but due to character limits and seeing everything else was taken, i settled on this.

---

Members don't see this ad.

 

[kautionwirez]

my first post. found out about the site a few weeks ago, have been looking at the school section, but I am in a some what unique situation.

3.92 GPA, 39 MCAT, 740 GMAT. Econ major at ivy school.
took the very min pre-reqs courses. didn't like science so jumped to econ major. started shadowing my dad and other physicians at his hospital for several months, liked the work, so applied to med schools. applied to 12 schools, got secondaries for all 12. interviewed at 2 already, have 3 scheduled, rest pending interview invite.

i filled out 14 activities, only 1 relates to medicine (my shadowing). all questions at interviews seem to be directed towards why i am in the field. do i want to be here or am i am here because my parents and siblings are in the medical field.

I did a summer internship at Goldman Sachs, it's an investment bank and they have hired me for the upcoming year after I graduate in May. I am not here to brag, you can google what a Goldman Sachs investor makes. I am being paid more than any physicians. Hint my plan to defer for a year.

I called the med school associated with my school. "Oh yeah, you can defer easily. Just give us a call after you been accepted and we will update your profile for you, and you will be automatically accepted for the next cycle". Come to realize this is not remotely true. Sounds like I have to meet with the dean to explain why I want to defer and he has to make a "decision" on it.

I mentioned it at my two interviews. The first one, the reply was "oh, that sounds exciting" while rolling his eyes. The second was very awkward. After I mentioned it, there was a brief 20 second silence. I think they were trying to get at how investing banking relates to the medical field. I didn't have an answer.

Truth is I would rather be a physican than an investor, but the money is just hard to pass up, and to be honest, I think anyone, including adcoms, would share the view point.


oh i am not fat, i wanted "givemeyourlunchmoney" but due to character limits and seeing everything else was taken, i settled on this.

dude, defer if you can goldman sachs rules the world economy. enjoy your year off before all the hard work you will have to do in med school. WITHOUT A DOUBT.

 

[Stumpyman]

I liked the last sentence 😀
I think you'll be fine, even if you can't defer your stats are good enough for anywhere.

 

[baylor1989]

they gave one of my friends the same hard time.

he played football in college, tried to go pro, but wasn't drafted. ended up getting on a practice squad as a walk-on. Got 300k a year. Applied to med school, and they were trying to get him to pick which one he'd rather do.

I think it's obvious, if someone gets hurt or if he works his way up the ranks he can find his way on the actual playing field ($millions). If not, $300k is really good money, stay on practice squad till you get released.

Always he applied his second year on practice squad, got in a state school, got released from football during that year (Nov), never got back on with any other team, started med school the next Aug.



I really think admission committees just give you guys a hard time out of jealousy. I don't blame them. After 4 years of med school, 3+ years of residency and someone else makes just as much, some cases more, money as you.

 

[kpcrew]

strong troll, very nice.

 

[deleted380953]

I think you'll be fine, even if you can't defer your stats are good enough for anywhere.

This

dude, defer if you can goldman sachs rules the world economy. enjoy your year off before all the hard work you will have to do in med school. WITHOUT A DOUBT.

its no cake walk, according to a family friend who was in a similar position (became a sys. analyst intern for Sachs)

I guess if you deferred and worked there, you'd have little med school debt 😀

 

[aSagacious]

strong troll, very nice.

Lol, yeah I made it about half-way through and some flags started going up. 9/10 for creativity though. 👍

 

[CodeBlu]

Lol, yeah I made it about half-way through and some flags started going up. 9/10 for creativity though. 👍

I agree

 

[deleted380953]

evidence of trollery?

I'm not that perceptive on this...

 

[CodeBlu]

my first post. found out about the site a few weeks ago, have been looking at the school section, but I am in a some what unique situation.

3.92 GPA, 39 MCAT, 740 GMAT. Econ major at ivy school.
took the very min pre-reqs courses. didn't like science so jumped to econ major. started shadowing my dad and other physicians at his hospital for several months, liked the work, so applied to med schools. applied to 12 schools, got secondaries for all 12. interviewed at 2 already, have 3 scheduled, rest pending interview invite.

i filled out 14 activities, only 1 relates to medicine (my shadowing). all questions at interviews seem to be directed towards why i am in the field. do i want to be here or am i am here because my parents and siblings are in the medical field.

I did a summer internship at Goldman Sachs, it's an investment bank and they have hired me for the upcoming year after I graduate in May. I am not here to brag, you can google what a Goldman Sachs investor makes. I am being paid more than any physicians. Hint my plan to defer for a year.

I called the med school associated with my school. "Oh yeah, you can defer easily. Just give us a call after you been accepted and we will update your profile for you, and you will be automatically accepted for the next cycle". Come to realize this is not remotely true. Sounds like I have to meet with the dean to explain why I want to defer and he has to make a "decision" on it.

I mentioned it at my two interviews. The first one, the reply was "oh, that sounds exciting" while rolling his eyes. The second was very awkward. After I mentioned it, there was a brief 20 second silence. I think they were trying to get at how investing banking relates to the medical field. I didn't have an answer.

Truth is I would rather be a physican than an investor, but the money is just hard to pass up, and to be honest, I think anyone, including adcoms, would share the view point.


oh i am not fat, i wanted "givemeyourlunchmoney" but due to character limits and seeing everything else was taken, i settled on this.

I have bolded all the parts that scream troll...

 

[theseeker4]

my first post. found out about the site a few weeks ago, have been looking at the school section, but I am in a some what unique situation.

3.92 GPA, 39 MCAT, 740 GMAT. Econ major at ivy school.
took the very min pre-reqs courses. didn't like science so jumped to econ major. started shadowing my dad and other physicians at his hospital for several months, liked the work, so applied to med schools. applied to 12 schools, got secondaries for all 12. interviewed at 2 already, have 3 scheduled, rest pending interview invite.

i filled out 14 activities, only 1 relates to medicine (my shadowing). all questions at interviews seem to be directed towards why i am in the field. do i want to be here or am i am here because my parents and siblings are in the medical field.

I did a summer internship at Goldman Sachs, it's an investment bank and they have hired me for the upcoming year after I graduate in May. I am not here to brag, you can google what a Goldman Sachs investor makes. I am being paid more than any physicians. Hint my plan to defer for a year.

I called the med school associated with my school. "Oh yeah, you can defer easily. Just give us a call after you been accepted and we will update your profile for you, and you will be automatically accepted for the next cycle". Come to realize this is not remotely true. Sounds like I have to meet with the dean to explain why I want to defer and he has to make a "decision" on it.

I mentioned it at my two interviews. The first one, the reply was "oh, that sounds exciting" while rolling his eyes. The second was very awkward. After I mentioned it, there was a brief 20 second silence. I think they were trying to get at how investing banking relates to the medical field. I didn't have an answer.

Truth is I would rather be a physican than an investor, but the money is just hard to pass up, and to be honest, I think anyone, including adcoms, would share the view point.


oh i am not fat, i wanted "givemeyourlunchmoney" but due to character limits and seeing everything else was taken, i settled on this.

Personally, considering your stats, I would withdraw my applications and go work for Goldman, then apply next cycle. If you are not gunning for the top schools, your delaying for a year, even to do something non-medical, won't overshadow your numbers. Good luck!

 

[gettheleadout]

evidence of trollery?

I'm not that perceptive on this...

For me the language seemed too poor to be representative of a 3.9/39/Goldman Sachs investor.

 

[CodeBlu]

For me the language seemed too poor to be representative of a 3.9/39/Goldman Sachs investor.

Nah, they actually talk like that

 

[Frazier]

evidence of trollery?

I'm not that perceptive on this...

It's just a matter of statistical odds...

Which is more likely:

a Goldman Sachs golden boy genius comes to SDN to ask the pre-allo premeds for their professional opinion -- because he can't figure out if "Goldman Sachs is a viable excuse to defer a year"

or

a mere troll that has a passion for creative trolling?

Sure the former is quite possible, but the latter is just more likely. Nevertheless, since I guess the old "innocent to proven guilty" is in play, I'll respond with:

Def. defer for the year if you can, OP. You're opportunity cost is quite minimal and the experience should be interesting.

 

[UnclePhil]

dude, defer if you can goldman sachs rules the world economy. enjoy your year off before all the hard work you will have to do in med school. WITHOUT A DOUBT.

Year off? LOL at thinking working at Goldman Sachs is like some kind of vacation. A college friend of mine who started working for GS two years ago easily does about 2-3x as much work as I do right now as a first year med student.

 

[mitchlucker]

Bachelor's degree and getting a job out of school for a greater salary than "any physician" (~>$500,000) ... you'd be stupid not to take the opportunity while it lasts.

 

[gmcguitar4]

working at goldman sachs at entry level is no walk in the park..sure you make money but they have you basically work 20 hours a day and you are the office bitch for a couple years. But, driving a range rover at 25 y/o isn't too bad either.

 

[ppfizenm]

Personally, even if they offered me a salary that would allow me to pay for med school, I wouldn't work for Goldman Sachs. You are aware of how big a hand they had in the current economic disaster Europe faces and the crisis we faced in 2009?

In the US they encouraged the practice of selling sub prime mortgages to people who they knew couldn't pay them back and then bet against the people in the stock market so when they failed GS would make tons of money. In Europe they helped Greece hide its debt form the European Union so it could join and use the Euro, but more importantly borrow at a very low interest level. They immediately borrowed to pay back GS and were saddled with their original debt + some. Once again, GS realized Greece would never be able to overcome the mountains of debt their political system incurs through patronage so they bet on them to fail and have made buckets.

Why would you want to be part of a company that were, in more than a small part, architects of all this?

 

[1TB4RKSB4CK]

Goldman Sex ftw.

 

[givemeyourlunch]

not troll. if you want i'll upload screen shot of mcat or whatever, excluding private information, just ask.

second, i never mentioned ivy league degrees are more valued. professors here are ego driven and concentrate on topics reflective of their research, which often, substitutes for a holistic view of the subject matter. anyone that goes ivy, does it for the networking. numerous CEOs, politicians, etc. have attended here and thus servers as a great networking grounds

post was more directed towards anyone that has successfully deferred for a year not personal opinions of investment firms

 

[CodeBlu]

Persistent iBanking troll is persistent.

 

[ponyo]

Nah, they actually talk like that

They really do. I know too many of these kids. Ugh... (no offense, OP, but if you were at GS this past summer--or ever--I'm sure you are well-versed in the vaguely anxious douchebaggery that characterizes GS analysts)

Year off? LOL at thinking working at Goldman Sachs is like some kind of vacation. A college friend of mine who started working for GS two years ago easily does about 2-3x as much work as I do right now as a first year med student.

Yea... I think this pretty much sums any top IB job

Too lazy to go back and quote ppfizenm but I totally agree with you.



Edit: to actually answer OP's question: I would totally do it for the money and then internally rationalize it to myself using elaborate utilitarian arguments

 

[CodeBlu]

They really do. I know too many of these kids. Ugh... (no offense, OP, but if you were at GS this past summer--or ever--I'm sure you are well-versed in the douchebaggery that characterizes GS analysts)



Yea... I think this pretty much sums any top IB job

Too lazy to go back and quote ppfizenm but I totally agree with you.

My best friends are iBanker douchebags... one at Goldman San Fran, and the other at Goldman NYC... both douchebags. Hardcore. Hahaha.

 

[Slack3r]

working at goldman sachs at entry level is no walk in the park..sure you make money but they have you basically work 20 hours a day and you are the office bitch for a couple years. .

Who cares? One year salary, assuming you save most of it and don't blow your wad on cocaine, hookers, and bottle service (NYC ftw, right?) would pay for 4 years of tuition. I'd do it, even if they wouldn't offer a deferment. Just apply next year.

 

[Sutton]

I think they were trying to get at how investing banking relates to the medical field. I didn't have an answer.

Truth is I would rather be a physican than an investor, but the money is just hard to pass up, and to be honest, I think anyone, including adcoms, would share the view point.

Major troll. It would have been believable if he used the correct lingo at least. An investor is usually someone or a company who is a GS client. The employees at GS are Associates, Analysts, Investment Bankers, etc. But NOT an "investor."

 

[deleted357625]

Major troll. It would have been believable if he used the correct lingo at least. An investor is usually someone or a company who is a GS client. The employees at GS are Associates, Analysts, Investment Bankers, etc. But NOT an "investor."

exactly

 

[ponyo]

My best friends are iBanker douchebags... one at Goldman San Fran, and the other at Goldman NYC... both douchebags. Hardcore. Hahaha.

Bad taste in alcohol? or is that just the ones I know..

Also I like the new and modified avatar 🙂

 

[CodeBlu]

Bad taste in alcohol? or is that just the ones I know..

Also I like the new and modified avatar 🙂

Nahhh these guys know how to party. Too bad they work 18 hour days now though. I won't see them until thanksgiving at least.

Why thank you!! 🙂

 

[ppfizenm]

not troll. if you want i'll upload screen shot of mcat or whatever, excluding private information, just ask.

second, i never mentioned ivy league degrees are more valued. professors here are ego driven and concentrate on topics reflective of their research, which often, substitutes for a holistic view of the subject matter. anyone that goes ivy, does it for the networking. numerous CEOs, politicians, etc. have attended here and thus servers as a great networking grounds

post was more directed towards anyone that has successfully deferred for a year not personal opinions of investment firms

I hope the deans of these schools are liberal and when you say you are deferring to work for goldman sachs reject you flat out. It would make you a hypocrite to say that you wanted to help people then go and work there. I don't understand how anyone with principles or morals could do something like that. The only good thing that ever came out of GS was the bit Stephen Colbert got off of reading one of their brokers credit card numbers on his show.

 

[kpcrew]

Major troll. It would have been believable if he used the correct lingo at least. An investor is usually someone or a company who is a GS client. The employees at GS are Associates, Analysts, Investment Bankers, etc. But NOT an "investor."

yeah i have a bunch of friends in finance. that was the main thing that made me realize that the post was complete bs.

 

[YouNeverKnow22]

very nice troll

 

[Thales]

my first post. found out about the site a few weeks ago, have been looking at the school section, but I am in a some what unique situation
....... etc. etc. etc.

Defer if not trolling. Strong suspicion of trolling...

Actually, just forget med school and work for GS. Work for a few years, make bank, retire, buy own island, score hot women. If you are actually considering delaying something you are genuinely passionate about to make money then maybe medicine isn't for you.

 

[MegMurry]

Major troll. It would have been believable if he used the correct lingo at least. An investor is usually someone or a company who is a GS client. The employees at GS are Associates, Analysts, Investment Bankers, etc. But NOT an "investor."

yeah i have a bunch of friends in finance. that was the main thing that made me realize that the post was complete bs.

yeah, I did work in finance so everything you guys said +1.

:troll:

can someone please close this thread now?

 

[alexandertg6]

For me the language seemed too poor to be representative of a 3.9/39/Goldman Sachs investor.

agreed. Not that its poor but anyone in the business world usually writes STRAIGHT TO THE POINT, like this:


I have a 39 MCAT and 3.92 GPA. I want to be a doctor more than I want to be an investor, but I recieved an internship at Goldman sachs and the money is hard to pass up. Any advice?


or they would just pick up their phone and call one of 30 medical students and every office of admissions because they would have a network like that.

source: Im an MBA student.

 

[Zuerst]

I am being paid more than any physicians.

doubt it

I mentioned it at my two interviews.

you claim you're smart enough to get a job at the sach but aren't smart enough to figure out this most likely hurts your chances at getting in med school?

 

[bostoncollege90]

I don't know if OP is real or not, but what he is saying is 100% true and occurs.

I have ~1400 facebook friends and at least 20 that work Boston Consulting Group (BCG). Both BCG and Goldman are top 25 companies to work for. BCG will easily give $250k to a kid out of college. Everyone that posted that said no degree pays $500k... it isn't the degree, but the job that pays that amount.

Goldman Sachs... you won't get a job here unless you know someone. They will easily pay over $500k.

1. 1 in 6 houses in the US are valued over $1 million (most doctors don't have million dollar homes)
2. if you are doing primary medicine (family med, phys, internal, etc.). studies show you'll make more money getting a PhD than an MD. based on fact that med school cost > PhD school cost and residency pay < PhD pay.
3. top 1% of the income ladder (those making over $600k a year). This excludes doctors. No doctors make $600k (except a few in private practice and a few that may be head of departments, but I don't really consider these actual Docs since they have other jobs). Anyways, top 1% of the income ladder make more money than the bottom 99% combined.

Everyone that said the income is b/s, it's not. Google it, the above are facts. A lot of foreign people (no offensive) think Docs make the most money, which may be true in other countries but not in a capitalism country like ours.

It use to be that Joe worked as a bagger at a grocery store when he was 15. Was manager when he was 30. Was regional manager when he was 40. Climb a few more rings on later... Joe is now CEO by the time he is 60.

Not anymore. These investment firms have billions and have no problem "investing" $250k in ivy grads in hopes that they can bring back more profits. I know the economy sucks, but not for everyone. The gap between rich and poor always gets bigger. I am not saying the above is common, but there are several hundred people each year that will work at these investment banks and finical groups and start out at $250k+ right out of college.

 

[bostoncollege90]

doubt it



you claim you're smart enough to get a job at the sach but aren't smart enough to figure out this most likely hurts your chances at getting in med school?

They really aren't that smart. Having 4.0 in business classes is a lot easier than science classes. Anyone at top 10 med schools are smarter than these people, but these people are smarter than the average med student.

They are mostly alpha males. That probably don't study much and work more on networking, kissing b*tt, etc.

And mentioning it is a 50/50. It is something that is different, VERY hard to do, and very few can put on their apps. Than again, other school admissions might see it as something that interferes with med school.

 

[Stumpyman]

Yeah, on second thought if the OP is not a troll, then even if you do have a job offer at GS, then it would be REALLY hard to leave after less than a year.
It's kind of like: A hot girl tells you she'll let you see her naked. Then, all of a sudden, all you get to see is her shoulder. You don't want to see her shoulder man, you want everything.

 

[Morsetlis]

^ Then his future would not belong to medicine in the first place.

Anyway, OP is troll.

 

[Sutton]

I don't know if OP is real or not, but what he is saying is 100% true and occurs.

I have ~1400 facebook friends and at least 20 that work Boston Consulting Group (BCG). Both BCG and Goldman are top 25 companies to work for. BCG will easily give $250k to a kid out of college. Everyone that posted that said no degree pays $500k... it isn't the degree, but the job that pays that amount.

Goldman Sachs... you won't get a job here unless you know someone. They will easily pay over $500k.

1. 1 in 6 houses in the US are valued over $1 million (most doctors don't have million dollar homes)
2. if you are doing primary medicine (family med, phys, internal, etc.). studies show you'll make more money getting a PhD than an MD. based on fact that med school cost > PhD school cost and residency pay < PhD pay.
3. top 1% of the income ladder (those making over $600k a year). This excludes doctors. No doctors make $600k (except a few in private practice and a few that may be head of departments, but I don't really consider these actual Docs since they have other jobs). Anyways, top 1% of the income ladder make more money than the bottom 99% combined.

Everyone that said the income is b/s, it's not. Google it, the above are facts. A lot of foreign people (no offensive) think Docs make the most money, which may be true in other countries but not in a capitalism country like ours.

It use to be that Joe worked as a bagger at a grocery store when he was 15. Was manager when he was 30. Was regional manager when he was 40. Climb a few more rings on later... Joe is now CEO by the time he is 60.

Not anymore. These investment firms have billions and have no problem "investing" $250k in ivy grads in hopes that they can bring back more profits. I know the economy sucks, but not for everyone. The gap between rich and poor always gets bigger. I am not saying the above is common, but there are several hundred people each year that will work at these investment banks and finical groups and start out at $250k+ right out of college.

Ladies and gentlemen, looks like a new troll replaced our original one. Actually, my guess is that this is the same person since the writing style is similar. lol

 

[LittleLuck]

What in the hell are you all smoking? LMAO at these figures of 250K and more straight out of college. Do you guys have the slightest idea of how the finance world works? First they offer you good pay and benefits to intern with them and lure you into thinking you have a sweet deal. Then they sign you to a bull**** salary and work you like a dog, especially during certain seasons where you might have to work anywhere from 8am to 1am and rinse and repeat for like 4 months. All this and they'll start you off with a little more than 60 out of college. You have to work extremely hard and long to show commitment to the company to get promoted, and then you can start making money. Even GS who takes our tax dollars and offers insane salaries and bonuses do not pay a physicians salary to a kid straight of of college. **** out of here with that.

 

[pkwraith]

Yeah, uh, entry-level analysts at Goldman-Sachs do not make more than all physician. Nor does BCG.

I've actually worked consulting and know tons of ibankers, and the numbers being thrown out in this thread ($250k? $500k?) is absolutely ridiculous for first-year analysts with no job experience or certifications.

Really? They're giving out some random college graduate with no track record that much money? When someone else more qualified will do it for less? Who is actually going to swallow that BS?

 

[ponyo]

Ladies and gentlemen, looks like a new troll replaced our original one. Actually, my guess is that this is the same person since the writing style is similar. lol

250k for a BCG associate... lmao.

What in the hell are you all smoking? LMAO at these figures of 250K and more straight out of college. Do you guys have the slightest idea of how the finance world works? First they offer you good pay and benefits to intern with them and lure you into thinking you have a sweet deal. Then they sign you to a bull**** salary and work you like a dog, especially during certain seasons where you might have to work anywhere from 8am to 1am and rinse and repeat for like 4 months. All this and they'll start you off with a little more than 60 out of college. You have to work extremely hard and long to show commitment to the company to get promoted, and then you can start making money. Even GS who takes our tax dollars and offers insane salaries and bonuses do not pay a physicians salary to a kid straight of of college. **** out of here with that.

lol agreed, but don't imply the internship is a breeze either... 60's pretty low though?

 

[LittleLuck]

250k for a BCG associate... lmao.



lol agreed, but don't imply the internship is a breeze either... 60's pretty low though?

I'm just assuming this number from a few friends I have that work at prestigious banks and firms, and also Google lol. Just think, how many college graduates make even 50K straight out of college. The number is much lower than anyone may believe, especially now.

 

[Slack3r]

I'm just assuming this number from a few friends I have that work at prestigious banks and firms, and also Google lol. Just think, how many college graduates make even 50K straight out of college. The number is much lower than anyone may believe, especially now.

How many analyst jobs on Wall Street are there? I'd argue starting salary for most of those places is closer to six figures. Not 1/2-1/4 million, but still VERY good pay for a bachelor's degree.

I have engineering friends and friends that work in Big-4 accounting firms all making in the $60s. I'm sure big time Wall St. gigs pay at least a little bit better.

 

[JLum]

Work at GS while participating in Occupy Wall Street, then spin that **** to the the adcoms! Win, Win, Win boiii

 

[alexandertg6]

if you like business and medicine do both.. afterall about 16 out of every hundred dollars spent in the us total is on healthcare.

http://hspm.sph.sc.edu/COURSES/Econ/Classes/nhe06/

This thread is a waste of time... If you wanna do medicine and business do it, if not pick one. Idk what to tell you buddy.

 

[LittleLuck]

How many analyst jobs on Wall Street are there? I'd argue starting salary for most of those places is closer to six figures. Not 1/2-1/4 million, but still VERY good pay for a bachelor's degree.

I have engineering friends and friends that work in Big-4 accounting firms all making in the $60s. I'm sure big time Wall St. gigs pay at least a little bit better.

I just don't think it's ideal for a company to want a student fresh out of college to work at wall street right away lol. How many 22 year old's do you see on real "wall street". Many are proven winners and showed that they can hang with the big boys. Because let's face it, what does finishing college really do nowadays? College is to get your name on a piece of paper to make you qualified for entry level jobs, it's actually a good way to hinder learning than to let it prosper.

 

[grt398]

Since no one else has chimed in, I actually worked in IBD @ GS as an analyst during some of the good years after college. I'm not going to specify when I was there but 1st year salary then was $60k + bonus of up to 150% of salary, depending on what bucket you were in. Total comp is lower these days.

And no one makes $250k prior to their 3rd year at a minimum. On the sales & trading side there's no bonus cap once you hit associate but it's impossible to be promoted before you've been there at least 2 years. After that the sky's the limit with the youngest partner ever being a guy named Eric Mindich who made it at 27.

 

[Hemorrage]

my first post. found out about the site a few weeks ago, have been looking at the school section, but I am in a some what unique situation.

3.92 GPA, 39 MCAT, 740 GMAT. Econ major at ivy school.
took the very min pre-reqs courses. didn't like science so jumped to econ major. started shadowing my dad and other physicians at his hospital for several months, liked the work, so applied to med schools. applied to 12 schools, got secondaries for all 12. interviewed at 2 already, have 3 scheduled, rest pending interview invite.

i filled out 14 activities, only 1 relates to medicine (my shadowing). all questions at interviews seem to be directed towards why i am in the field. do i want to be here or am i am here because my parents and siblings are in the medical field.

I did a summer internship at Goldman Sachs, it's an investment bank and they have hired me for the upcoming year after I graduate in May. I am not here to brag, you can google what a Goldman Sachs investor makes. I am being paid more than any physicians. Hint my plan to defer for a year.

I called the med school associated with my school. "Oh yeah, you can defer easily. Just give us a call after you been accepted and we will update your profile for you, and you will be automatically accepted for the next cycle". Come to realize this is not remotely true. Sounds like I have to meet with the dean to explain why I want to defer and he has to make a "decision" on it.

I mentioned it at my two interviews. The first one, the reply was "oh, that sounds exciting" while rolling his eyes. The second was very awkward. After I mentioned it, there was a brief 20 second silence. I think they were trying to get at how investing banking relates to the medical field. I didn't have an answer.

Truth is I would rather be a physican than an investor, but the money is just hard to pass up, and to be honest, I think anyone, including adcoms, would share the view point.


oh i am not fat, i wanted "givemeyourlunchmoney" but due to character limits and seeing everything else was taken, i settled on this.

if your not completely bsing this i really think you should go do the GS thing. I have a friend who's mother works for GS and let me tell you they literally can get you anything you want if you are connected with them. Shes currently attending Princeton and tbh she didn't break 1900 on the SATs