If one doesn't like finance but..
wants a relatively stable (none of the entrepunurial bs ) job that will lead to one being rich, what should one consider?
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not IB its not very stable, it depends on the market
Hmm I would consider being a drug dealer. Leads to lots of money. I mean that IS all youre after right?
Seriously, find something you enjoy doing, the money will come eventually, and when it does it will be less and less important to you as you get older.
If you don't like finance, stay awayyyy from banking. Dealing with the hours is difficult as is for those who like finance. I couldn't imagine waking up every day and spending the entire day doing something I didn't like.
You will probably fair better as a lawyer. It is a good alternative if you like hard work and some level of guaranteed wealth (compared to most jobs), law is a good way to go. Of course, it is no walk in the park either.
I suspect this will immediately get ragged on, but I think mananagement consulting provides outstanding education and exposure to the general business world, with plenty of internal and external opportunities to make a good living.
However, a job in consulting is no more stable than one in IB...
I disagree, I think once you're in and established as at least middle of the pack, you're reasonably safe. Bonuses may not be the highest in down years, but the only people I know who have gotten laid off en masse (i.e. more due to market conditions rather than personal incompetence) are those who haven't entered the firm yet and don't have a network (new MBAs).
Of course if you're a low performer you could get laid off any time.
Agree with your point entirely. I was referring to market-driven employment volatility, not the performance-driven sort.
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