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When you say 10-20%, do you mean that as a % of...When you say 10-20%, do you mean that as a % of incentive fees or the actual P... 3 years 1 month
LIke someone in this thread has already mentioned...LIke someone in this thread has already mentioned, most of you have no idea what it takes to get into and graduate with a CS major from a top engineering school. It's no walk in the park and would make IB analyst work look like a joke. For the top students, offers at FB, Google or start-ups you... 3 years 5 months
Those who respond dream school/job have probably...Those who respond dream school/job have probably not had to find out the hard way how tough it is to save even 100k on a 300k job, let alone 1mm or 5mm. Either that or they are already set (landed up on the right trading desk or IB group, under a great MD and at the best time in the market) and... 3 years 6 months
I'm just highlighting the dire state of the...I'm just highlighting the dire state of the industry. There is an oversupply, simple as that. No reason it will change in the future and go back to the good old days, but who knows. Yes people enter finance to make money, nothing wrong with that and one should try their best to make the most and... 3 years 6 months
Well spoken BB Quant. Bondarb too. I think...Well spoken BB Quant. Bondarb too. I think expectations for many of analyst and associates are ridiculous and they need to get their heads out of the place that sun doesn't shine. You should be willing to work for close to free at an investment bank or hedge fund, and even offer to pay tuition so... 3 years 6 months
I would certainly go with #2 if I were you. #3 is...I would certainly go with #2 if I were you. #3 is very hard these days. Was easier in the past to be a star prop trader and get someone like your bank to seed you for a large amount. These days much of the business is about raising money more than it is about managing money. #1 is not the right... 4 years 1 month
Unfortunately I have just learnt this very hard...Unfortunately I have just learnt this very hard lesson myself. After loyally sticking by my employer through thick and thin and helping generate large returns over nearly a decade I am being shafted on my bonus in a big year. Similar to the OP, I am the next in command guy in a small and relatively... 4 years 4 months