11 years ago. He likely works 90+hrs a week for it. ._2a172ppKObqWfRHr8eWBKV{-ms-flex-negative:0;flex-shrink:0;margin-right:8px}._39-woRduNuowN7G4JTW4I8{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:12px;padding-top:12px}._3AOoBdXa2QKVKqIEmG7Vkb{font-size:12px;font-weight:400;line-height:16px;-ms-flex-align:center;align-items:center;background-color:var(--newCommunityTheme-body);border-radius:4px;display:-ms-flexbox;display:flex;-ms-flex-direction:row;flex-direction:row;margin-top:12px}.vzEDg-tM8ZDpEfJnbaJuU{color:var(--newCommunityTheme-button);fill:var(--newCommunityTheme-button);height:14px;width:14px}.r51dfG6q3N-4exmkjHQg_{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between}._2ygXHcy_x6RG74BMk0UKkN{margin-left:8px}._2BnLYNBALzjH6p_ollJ-RF{display:-ms-flexbox;display:flex;margin-left:auto}._1-25VxiIsZFVU88qFh-T8p{padding:0}._3BmRwhm18nr4GmDhkoSgtb{color:var(--newCommunityTheme-bodyText);-ms-flex:0 0 auto;flex:0 0 auto;line-height:16px} 80hrs and you're at a really nice boutique. A free inside look at company reviews and salaries posted anonymously by employees. Shana here. Press question mark to learn the rest of the keyboard shortcuts | Cloudflare; reddit: the front page of the internet; reddit: the front page of the internet; yerba2020 | Wall Street Oasis | Wall Street Oasis I did a short stint in an industry group of the investment banking division of a bulge bracket bank. .s5ap8yh1b4ZfwxvHizW3f{color:var(--newCommunityTheme-metaText);padding-top:5px}.s5ap8yh1b4ZfwxvHizW3f._19JhaP1slDQqu2XgT3vVS0{color:#ea0027} Wall Street English is more than just a language school. I can't say I know too many companies that give any fucks about their people other than keeping them working or not suing them. Base salaries for Associates go from ~$140K to ~$180K as they move up. Im just exploring all my options right now. Am I missing something? The general conclusion seems to be that you will work 100 hours a week and end up depressed. On the downside, for the first few years of your twenties, you literally have no life. These private equity salary figures are an approximation and rough range based on the user registration data on Wall Street Oasis as well as the thousands of discussions on PE compensation that the community has had at these levels. ._2YJDRz5rCYQfu8YdgB_neb{overflow:hidden;position:relative}._2YJDRz5rCYQfu8YdgB_neb:before{background-image:url(https://www.redditstatic.com/desktop2x/img/reddit_pattern.png);content:"";filter:var(--newCommunityTheme-invertFilter);height:100%;position:absolute;width:100%}._37WD6iicVS6vGN0RomNTwh{padding:0 12px 12px;position:relative} He's an analyst at a boutique or smaller bank. at any point). Apply to Paralegal, Trademark Paralegal and more! I live in Atlanta, for example. ._1x9diBHPBP-hL1JiwUwJ5J{font-size:14px;font-weight:500;line-height:18px;color:#ff585b;padding-left:3px;padding-right:24px}._2B0OHMLKb9TXNdd9g5Ere-,._1xKxnscCn2PjBiXhorZef4{height:16px;padding-right:4px;vertical-align:top}._1LLqoNXrOsaIkMtOuTBmO5{height:20px;padding-right:8px;vertical-align:bottom}.QB2Yrr8uihZVRhvwrKuMS{height:18px;padding-right:8px;vertical-align:top}._3w_KK8BUvCMkCPWZVsZQn0{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-actionIcon)}._3w_KK8BUvCMkCPWZVsZQn0 ._1LLqoNXrOsaIkMtOuTBmO5,._3w_KK8BUvCMkCPWZVsZQn0 ._2B0OHMLKb9TXNdd9g5Ere-,._3w_KK8BUvCMkCPWZVsZQn0 ._1xKxnscCn2PjBiXhorZef4,._3w_KK8BUvCMkCPWZVsZQn0 .QB2Yrr8uihZVRhvwrKuMS{fill:var(--newCommunityTheme-actionIcon)} And they could not give the slightest fuck about you. I can make almost guaranteed 100 k a year as an engineer licking my butthole for 40 hours a week, or become a neurosurgeon after years of training making 700 k + working around 70-90 hours a week. Eh, sacrificing 2-3 years of your life to secure your families future is worth it. 340 Paralegal jobs available in Wall Street, NY on Indeed.com. I'd recommend you do more research. The top 10 percent of traders who work on Wall Street have salaries that approach $300,000 per year. Once one of the most profitable areas of the recruitment trade, these are … Primary due to the recession and the black eye the banks got over it and it still remaining still today. The whole reason I didn't go in to that field. Plus you're "on call" at all times. Base salaries are $85K, $90K, and $95K USD for 1 st, 2 nd, and 3 rd Year Analysts at mid-sized and large banks. Despite the high pay level, some quants do complain that they are "second-class citizens" on Wall Street and don't earn the multimillion-dollar salaries that top … Investment Bankers work 80 hours a week all year round. It is a place where you can have fun at your job and truly make a difference. r/wallstreetbets: Like 4chan found a Bloomberg Terminal. Looks like you're using new Reddit on an old browser. I see people working well over 40+ hours a week, staying late, eating three meals of take out, gaining weight, all on a starter salary, just to get their foot in the door. To discover more, view all of our employee journeys. Press J to jump to the feed. 133 Wall Street English reviews in People's Republic of China. ._33axOHPa8DzNnTmwzen-wO{display:block;padding:0 16px;width:100%}.isNotInButtons2020 ._33axOHPa8DzNnTmwzen-wO{font-size:14px;font-weight:700;letter-spacing:.5px;line-height:32px;text-transform:uppercase} That was down from $422,500 in 2017, which was the highest level since the 2008 financial crisis. You'll only stay in IBD for only 1-2 years, then lateral to PE, and then rise up the ranks until you become head honcho at Blackstone. Average Wall Street salary dropped to $399,000 last year This year likely won't be any better, with the slowdown in the global economy already … "Sunday"? Oh that's decent, how they call that scheme? But most BB IB shops will boot you out after 2-3 years with the expectation you'll go back for an MBA, or find a job doing something else. Second, the high salaries are enticing, but broken down hourly, Wall Street gigs (until you hit VP or ED) are pretty competitive with other corporate jobs. He's likely talking about Investment Banking, where they have a really good salary with varying bonuses. The general conclusion seems to be that you will work 100 hours a week and end up depressed. Hi folks, Im a med student looking to switch careers. I would just like to experience what its all about. A free inside look at company reviews and salaries posted anonymously by employees. It is a place of hope, inspiration, collaboration, and support. Short of that being the only job I could work to support my family, I'd kill myself if I had to work a job like that. ._1PeZajQI0Wm8P3B45yshR{fill:var(--newCommunityTheme-actionIcon)}._1PeZajQI0Wm8P3B45yshR._3axV0unm-cpsxoKWYwKh2x{fill:#ea0027} Although the culture is getting better--many banks are instating a mandatory 24-hour break per week for junior employees--do not expect your lifestyle to be very balanced. I really want to try out a Wall Street type job, but I have heard so much about it. But after seeing the lifestyle those guys lived through a family member, I turned it down and never looked back. I bet that was a really awkward train ride. What im wondering is; have any of you guys worked for a big investment firm, a big bank or a law firm. That’s nearly 3 times as high as the median executive wage … But I've always lived by the motto that it's better when you can to work smart, not hard. Investment Banking; Investment Banking Salary Report; Investment Bank Company Reviews /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/IdCard.de628c13230c59091a5d.css.map*/._2JU2WQDzn5pAlpxqChbxr7{height:16px;margin-right:8px;width:16px}._3E45je-29yDjfFqFcLCXyH{margin-top:16px}._13YtS_rCnVZG1ns2xaCalg{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex}._1m5fPZN4q3vKVg9SgU43u2{margin-top:12px}._17A-IdW3j1_fI_pN-8tMV-{display:inline-block;margin-bottom:8px;margin-right:5px}._5MIPBF8A9vXwwXFumpGqY{border-radius:20px;font-size:12px;font-weight:500;letter-spacing:0;line-height:16px;padding:3px 10px;text-transform:none}._5MIPBF8A9vXwwXFumpGqY:focus{outline:unset} As you move up bonuses can become the majority of your pay. IBs work 100+, salary 70/80, larger bonuses. The one funny thing about Enterprise software is that people do not hate it as much as Wall Street. You work all day just to go to sleep, wake up, and do it again. many banks are instating a mandatory 24-hour break per week for junior employees. All that ass kissing and hours and hours over spent at a place and they won't care or even really know. The base compensation for a sales & trading VP closely tracks investment banking VP’s. Sure it seems great when two guys are talking about going down to Florida for the weekend in January, on a whim, just to play golf. ._9ZuQyDXhFth1qKJF4KNm8{padding:12px 12px 40px}._2iNJX36LR2tMHx_unzEkVM,._1JmnMJclrTwTPpAip5U_Hm{font-size:16px;font-weight:500;line-height:20px;color:var(--newCommunityTheme-bodyText);margin-bottom:40px;padding-top:4px}._306gA2lxjCHX44ssikUp3O{margin-bottom:32px}._1Omf6afKRpv3RKNCWjIyJ4{font-size:18px;font-weight:500;line-height:22px;border-bottom:2px solid var(--newCommunityTheme-line);color:var(--newCommunityTheme-bodyText);margin-bottom:8px;padding-bottom:8px}._2Ss7VGMX-UPKt9NhFRtgTz{margin-bottom:24px}._3vWu4F9B4X4Yc-Gm86-FMP{border-bottom:1px solid var(--newCommunityTheme-line);margin-bottom:8px;padding-bottom:2px}._3vWu4F9B4X4Yc-Gm86-FMP:last-of-type{border-bottom-width:0}._2qAEe8HGjtHsuKsHqNCa9u{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-bodyText);padding-bottom:8px;padding-top:8px}.c5RWd-O3CYE-XSLdTyjtI{padding:8px 0}._3whORKuQps-WQpSceAyHuF{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px}._1Qk-ka6_CJz1fU3OUfeznu{margin-bottom:8px}._3ds8Wk2l32hr3hLddQshhG{font-weight:500}._1h0r6vtgOzgWtu-GNBO6Yb,._3ds8Wk2l32hr3hLddQshhG{font-size:12px;line-height:16px;color:var(--newCommunityTheme-actionIcon)}._1h0r6vtgOzgWtu-GNBO6Yb{font-weight:400}.horIoLCod23xkzt7MmTpC{font-size:12px;font-weight:400;line-height:16px;color:#ea0027}._33Iw1wpNZ-uhC05tWsB9xi{margin-top:24px}._2M7LQbQxH40ingJ9h9RslL{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px} Press J to jump to the feed. ._3Im6OD67aKo33nql4FpSp_{border:1px solid var(--newCommunityTheme-widgetColors-sidebarWidgetBorderColor);border-radius:5px 5px 4px 4px;overflow:visible;word-wrap:break-word;background-color:var(--newCommunityTheme-body);padding:12px}.lnK0-OzG7nLFydTWuXGcY{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;padding-bottom:4px;color:var(--newCommunityTheme-navIcon)} With big banks (my area), you're looking at market rate salary (~100-150k, junior-senior). Retirement+bonus can push it up 25-30%, but that's not salary, of course. And IB is just the opposite of that. Look, hard work is great. Press question mark to learn the rest of the keyboard shortcuts. One strong indication of the declining status of traders is that headhunting firms have discontinued the annual 'salary surveys' they used to publish. Cookies help us deliver our Services. The cash isn't worth it and my bud lost his youth so quick working there. That 1M number by 30 was accurate pre-crisis, not anymore. Like many other Wall Street jobs, the best positions are given to insiders who have paid their dues. He could be very well lying, From my discussing with him, these "high paying jobs" seem to come with a price of attending IV league business schools and as you said long hours. 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svg.LTiNLdCS1ZPRx9wBlY2rD{fill:inherit;padding-right:8px}._2DVpJZAGplELzFy4mB0epQ ._18e78ihYD3tNypPhtYISq3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;color:inherit} 200 k a year seems like a very low amount for 80 + hours a week, why do it? A free inside look at company reviews and salaries posted anonymously by employees. ... Hey, Reddit! 606 Wall Street English reviews. On the downside, for the first few years of your twenties, you literally have no life. "Financial Analyst" could range from an IB analyst making $200k/yr, all the way down to an A/P Clerk making $10/hr. They're right. .ehsOqYO6dxn_Pf9Dzwu37{margin-top:0;overflow:visible}._2pFdCpgBihIaYh9DSMWBIu{height:24px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu{border-radius:2px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:focus,._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:hover{background-color:var(--newRedditTheme-navIconFaded10);outline:none}._38GxRFSqSC-Z2VLi5Xzkjy{color:var(--newCommunityTheme-actionIcon)}._2DO72U0b_6CUw3msKGrnnT{border-top:none;color:var(--newCommunityTheme-metaText);cursor:pointer;padding:8px 16px 8px 8px;text-transform:none}._2DO72U0b_6CUw3msKGrnnT:hover{background-color:#0079d3;border:none;color:var(--newCommunityTheme-body);fill:var(--newCommunityTheme-body)} I too worked on Wall Street and actually lived on Wall Street my first two years in Manhattan. Investment Bankers work 80 hours a week all year round. It's closer to 100hrs. On Wall Street I don’t think anyone likes their jobs. The corporate financial analysts will be working 40-50 hours a week, with most closer to the 40. Well that's an interesting severance package. ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} Thankfully, you’re not hiding the fact that most folks will hit 60-70 hours (easily) on average (or 80-100 hours for analysts). However, work is tough (80+ hr/wk), getting an offer is super competitive, and you'll be in a high cost of living area. Very, very few people actually move up the ladder. Same with accounting. Then if I like it I would stay for as long as I could. Instead, I got to watch him walk to the train station, dumbstruck, box of personal items in hand, to go wait for the next train along with some of the people he just unceremoniously let go. .Rd5g7JmL4Fdk-aZi1-U_V{transition:all .1s linear 0s}._2TMXtA984ePtHXMkOpHNQm{font-size:16px;font-weight:500;line-height:20px;margin-bottom:4px}.CneW1mCG4WJXxJbZl5tzH{border-top:1px solid var(--newRedditTheme-line);margin-top:16px;padding-top:16px}._11ARF4IQO4h3HeKPpPg0xb{transition:all .1s linear 0s;display:none;fill:var(--newCommunityTheme-button);height:16px;width:16px;vertical-align:middle;margin-bottom:2px;margin-left:4px;cursor:pointer}._1I3N-uBrbZH-ywcmCnwv_B:hover ._11ARF4IQO4h3HeKPpPg0xb{display:inline-block}._2IvhQwkgv_7K0Q3R0695Cs{border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._2IvhQwkgv_7K0Q3R0695Cs:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B{transition:all .1s linear 0s;border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._1I3N-uBrbZH-ywcmCnwv_B:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B.IeceazVNz_gGZfKXub0ak,._1I3N-uBrbZH-ywcmCnwv_B:hover{border:1px solid var(--newCommunityTheme-button)}._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk{margin-top:25px;left:-9px}._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:focus-within,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:hover{transition:all .1s linear 0s;border:none;padding:8px 8px 0}._25yWxLGH4C6j26OKFx8kD5{display:inline}._2YsVWIEj0doZMxreeY6iDG{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;padding:4px 6px}._1hFCAcL4_gkyWN0KM96zgg{color:var(--newCommunityTheme-button);margin-right:8px;margin-left:auto;color:var(--newCommunityTheme-errorText)}._1hFCAcL4_gkyWN0KM96zgg,._1dF0IdghIrnqkJiUxfswxd{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._1dF0IdghIrnqkJiUxfswxd{color:var(--newCommunityTheme-button)}._3VGrhUu842I3acqBMCoSAq{font-weight:700;color:#ff4500;text-transform:uppercase;margin-right:4px}._3VGrhUu842I3acqBMCoSAq,.edyFgPHILhf5OLH2vk-tk{font-size:12px;line-height:16px}.edyFgPHILhf5OLH2vk-tk{font-weight:400;-ms-flex-preferred-size:100%;flex-basis:100%;margin-bottom:4px;color:var(--newCommunityTheme-metaText)}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX{margin-top:6px}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._3MAHaXXXXi9Xrmc_oMPTdP{margin-top:4px} That's the thing that perplexes me... People talk about company loyalty or being a loyal employee you know the gist. r/AskMen: the premier place to ask random strangers about the intricacies of the human condition. The hours were so brutal getting in by 5:30 AM and leaving past 7:30 PM every day. Then, at the end of the day, I get a last minute call for an escort. 150 k seems pretty meager for 80+ hour weeks. Manager Salary - Microsoft | Wall Street Oasis. cityofdelusion on Feb 17, 2016 [–] It really depends what "Wall Street" means to you. Some elite boutique banks may pay slightly more, while regional boutiques may pay slightly less. First of all, I disagree some of the posters that say this is an obvious troll. I really want to try out a Wall Street type job, but I have heard so much about it. Most of those roles are base plus bonus, so you're probably seeing the base figures. I am getting my BA in business and administration and I want to try my chances in investment banking. ._3Qx5bBCG_O8wVZee9J-KyJ{border-top:1px solid var(--newRedditTheme-line);margin-top:16px;padding-top:16px}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN{margin:0;padding:0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between;margin:8px 0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ.QgBK4ECuqpeR2umRjYcP2{opacity:.4}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label{font-size:12px;font-weight:500;line-height:16px;display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label svg{fill:currentColor;height:20px;margin-right:4px;width:20px}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between;padding:0;width:100%}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_ svg{display:inline-block;height:12px;width:12px}.isInButtons2020 ._4OtOUaGIjjp2cNJMUxme_{padding:0 12px}.isInButtons2020 ._1ra1vBLrjtHjhYDZ_gOy8F{font-family:Noto Sans,Arial,sans-serif;font-size:12px;font-weight:700;letter-spacing:unset;line-height:16px;text-transform:unset}._1ra1vBLrjtHjhYDZ_gOy8F{--textColor:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColorShaded80);font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;color:var(--textColor);fill:var(--textColor);opacity:1}._1ra1vBLrjtHjhYDZ_gOy8F._2UlgIO1LIFVpT30ItAtPfb{--textColor:var(--newRedditTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newRedditTheme-widgetColors-sidebarWidgetTextColorShaded80)}._1ra1vBLrjtHjhYDZ_gOy8F:active,._1ra1vBLrjtHjhYDZ_gOy8F:hover{color:var(--textColorHover);fill:var(--textColorHover)}._1ra1vBLrjtHjhYDZ_gOy8F:disabled,._1ra1vBLrjtHjhYDZ_gOy8F[data-disabled],._1ra1vBLrjtHjhYDZ_gOy8F[disabled]{opacity:.5;cursor:not-allowed} Because there's a 1000 more dumb mother fuckers just like you who are willing to do it when you finally crack. Sure it seems great when two guys are talking about going down to Florida for the weekend in January, on a whim, just to play golf. I don't know how these people do it. Major in CS, make $150k starting at a tech company in the Bay Area. Suck to get home at 2am and have your manager call and say "hey, I need this analysis by 7am, make it quick". I no longer work in banking. Wall Street’s $23.9 billion in bonuses last year “amounts to 1.6 times the combined earnings of all 1,075,000 Americans who work full-time at … If only it worked that way, and if only the work in PE was much better than in IBD. He worked for a large bank and left school at 22, came back home at 24 looking like he was 35. From what I hear now, there is a huge lack of interest in the banking/financial world and less students are majoring in it in college to boot. This is the truth. Sure you'll be comfortable, but considering where you're living, you'll still be a peasant. And you know what? I could make that much as a family doctor, or a software programmer in the valley, New comments cannot be posted and votes cannot be cast. Work security at a major banking site just outside of NYC. Here's why those people are stupid: The money really isn't that great. The good news is, you will get paid lots of money. Regardless of which firm you work for, chances are you will be pulling long, grueling hours, a lot of the time doing work that is unnecessary simply because the "client wants to see it." It depends on the company & city. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/ReredditLink.f7b66a91705891e84a09.css.map*/will spend a lot of time in the office, and unless you very much enjoy your job, you will not be very happy. I had a chance to work for one of the Big Four companies after graduation too in IB. Fuck that. We had one day where they laid off about 150 people. If he’s in IB in NYC, this is probably accurate. Wall Street Jobs Have Changed . Sure, he has the Maserati, but jfc his stories are nightmare inducing. Advice and questions welcome. But again, lots of variables. I see people working well over 40+ hours a week, staying late, eating three meals of take out, gaining weight, all on a starter salary, just to get their foot in the door. ._3gbb_EMFXxTYrxDZ2kusIp{margin-bottom:24px;text-transform:uppercase;width:100%}._3gbb_EMFXxTYrxDZ2kusIp:last-child{margin-bottom:10px} You will not be able to make plans or see your parents. Sales & trading vice president salary. They just end up working somewhere else, THERE ARE BETTER WAYS OF MAKING JUST AS MUCH, IF NOT MORE, MONEY THAT DON'T INVOLVE HATING YOUR LIFE AND BEING SOMEONE'S BITCH. The salary drop tracks with a 17% decline in bonuses, which can account for more than a third of Wall Street wages. You will work 100 hour weeks and they still will have the balls to tell you that your performance is poor and that your job is in jeopardy. Just don't be an asshole about it. First, it's important to understand how these jobs have changed over time. He sounds like an IB type, not a "financial analyst" in the traditional corporate sense (which would not pay this much to a new college graduate, and definitely doesn't pay $1m/yr. You probably looked up corporate financial analyst roles, which do pay from 75K to 150K. However, work is tough (80+ hr/wk), getting an offer is super competitive, and you'll be in a high cost of living area. Major trading center for one of the largest banks in the world. The average 2018 salary, including bonuses, for New York City's securities industry employees was $398,600. Ever heard the phrase "churn and burn"? If you're looking to get out of medicine because you want more free time, investment banking is not the career path to pursue. A free inside look at Jane Street salary trends based on 190 salaries wages for 66 jobs at Jane Street. 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