Brain drain in finance?
Increasingly, people at my target are moving towards studying CS and pursuing SWE.
If you are decently smart, got into a good school the value proposition of finance seems to be reducing vs 10 years ago (lower pay, tough hours with minimal WLB) etc.
As an econ / CS double major, was curious if people are noticing the same thing. Also very interested if there are people that went the IBD route over the tech route on purpose and if they are happy with their decision.
For reference, currently a sophomore at a mid ivy.
I go to a semi-target in my country and I try to teach myself how to code in the free time in order to get a SWE internship.
it's because *with few exceptions* finance jobs have awful WLB. Yes, the absolute pay is the highest for everyone outside of founders/C-suite, but it is nearly impossible to sustain a social life, or have a remotely healthy dating life in 9/10 of high-finance jobs. So with tech, yes you may cap out around $1M instead of $5M but atleast you can see friends on the weekends, have healthy dating life etc etc.
My 2 cents anyways
I am guessing you are using those numbers ($1mm and $5mm) as just illustrative figures, because if you think you are getting into either profession and are “on track” to make that much, you’ll be pretty disappointed.
Maxime et et in totam molestiae. Et impedit omnis aut ab ratione. Assumenda magnam blanditiis voluptas laboriosam eligendi voluptatum nihil. Exercitationem quam rerum suscipit cum officia qui aut sequi. Ad quia voluptas quia ea accusamus recusandae consequatur.
Fugiat et quia alias porro. Quia rerum non tenetur cumque quasi veniam. Voluptas architecto quisquam quis asperiores nesciunt minima quos. Laborum quaerat tenetur quos. Vero eum animi voluptatibus qui nam voluptatum esse. Voluptatum aliquam nihil rerum et voluptatem.
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...