Couple of questions for people in banking/hedge fund/PE
First of all, I'd appreciate it if you guys can answer a couple of questions. I think its cool that someone who's outside the industry has a chance to learn the ins and outs about it from people who are in it. My first question is, what college is better if I want to break into the industry, I can choose between Stanford, Columbia, Brown and Dartmouth....and Cornell. Another question is, after two years in banking, when you switch over to PE or HF, do you become an analyst at the HF or PE firm? Or are you an associate? What percentage of analyst make it to MD or even VP? I've found out here, analyst make about 140k, can you live on park ave or Columbus Circle with thaT? Do analyst live the "rich" lifestyle, meaning that they can have their family go to the bahamas for summer vacation, get a secondary house in the hamptons, own a nice car( honda accord, bmw. NOT A PORSCHE OR LAMBO)? Thanks for your time guys. It may seem like I want to be in banking for the money, which is true but I have other reasons.
Stanford, Pre-MBA associate or analyst depending on which one, very low percentage, No, No.
Concise and correct. Blow me.
that was poetry happy, couldn't have said it better myself
140k in new york is one notch above wringing out your underwear for drinking water.
Your parents owe you an apology re: concept of money.
how do you go from honda accord to bmw?
^lmfao
Considering a fully-loaded Accord is only $3000 less than a base (albeit similarly packaged minus navi and a few other features) 328i sedan, maybe the comparison is not as outrageous as you may think...
We're talking $32k vs. $35k here.
Regardless, I doubt OP will want to/should buy either as a first year analyst in nyc. Also, high chance op is a troll lol
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