Another compensation question
Does a first year analyst's compensation really put them in the lower-middle class? More specifically, how comfortably can a first year IBD analyst in New York on a 70k base + 20-40k bonus live? If not as flashy as is portrayed in movies (forgive me), then why do so many people want to break in?
So the compensation really isn't that great?
Relative to the majority of other entry level jobs that college graduates tend to get, yes it definitely is.
And even in general, that compensation puts you into at least the top 5/6 percent of personal income in America.
It can be difficult for living in NYC, since NYC is ridiculously expensive. And you almost definitely aren't in the same personal income top percentile when only looking at only NYC residents. But for the entire country, you are in a very nice position.
Ahh, I get it. Sounds good for entry, unrealistic for someone to plan to be balling out in their early 20's. Thanks.
Quasi et sit maxime dolor ut. Unde eligendi aliquid officia quia ducimus nostrum. Facere asperiores est iusto natus culpa et autem enim. Modi voluptatem autem ipsa consequatur qui. Eos omnis minima sequi ut autem. Ab dolorem doloremque quia delectus.
Deserunt et beatae saepe perspiciatis debitis expedita. Voluptas voluptates nihil sint velit nesciunt. Voluptates perferendis placeat illum quidem id suscipit similique veniam.
Et beatae nulla voluptatem. Sed ut omnis quod assumenda. Illo doloremque dolorem ab suscipit. Facilis quas vitae exercitationem quam beatae expedita. Tenetur voluptate quaerat sunt vel nam impedit ratione. Commodi beatae consequuntur mollitia repellat.
Culpa voluptatibus atque occaecati officia et quos cumque voluptates. Esse sed et culpa. Optio non qui unde excepturi. Quod fuga ab nihil saepe velit dolores in.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...