Do you regret studying finance and not doing CS?
About to graduate and have job lined up in IB but can't help but think that I should have done CS and become a SWE especially looking at my friends who are making similar money if not more with half the hours.
Every day. I fucked up.
It's getting harder and harder to cope each day.
I was talking to a friend and even some non-popular firms pay like 200k with some equity - the top fucking banks you have to grind your teeth for basically almost get there in IB and you have to work 100 hour weeks.
Why did I hate coding? Fuck.
Del
Think of the long term picture - at the senior levels, you make much more money in Finance unless you're a Founder or such (Which is quite rare).
Nah, this is pretty much not true, just a form of copium that people in banking tell themselves.
Is pay much higher in finance if you’re able to take the typical Top BB/EB -> MF -> H/S/W -> VP at UMM or MF route? Yes. But only a handful of people actually make it on this route without getting cut by up or out.
Earnings potential in tech definitely has a lower ceiling as an “employee” but most people who are able to make it to a somewhat senior engineering role (much more dime a dozen than the above path) are clearing in the mid to high ends of the six figures easily.
There are plenty of reasons why going into finance may be more favorable but I think with the amount of money you can make at relatively junior levels in tech these days, money these days is no longer a reasonable factor to choose to go into finance over tech.
You are delusional
I double-majored in both and interned in tech prior. I regret it at 1am when I'm turning retarded pitches but tbh I was really bored in tech. As a whole, I do find finance and the prospect of exiting into investing more interesting. In summation: 30% regret.
Yes, but fortunately one does not need a CS degree to work as a SWE.
This right here. I know a number of ppl who did bootcamps and the like and have found solid swe jobs thereafter.
Considering the personality of some of the CS weirdos on this website (Drumpfy). Glad I don't have to deal with those type of coworkers.
Not worse than personalities in IB
No lol
I hate programming
nope, both my parents are swe and I'm happy w IB.
Only because I wish I was a quant, not because I want to be a pussy ass software engineer
This was something I was told when I was between going into SWE and Finance (CS/History double major at a target), "the older and more experience you gain, the more valuable you are in finance and the easier it gets while the older you get in CS, the harder it gets and you become more of a liability". CS definately has the edge coming out of college in terms of hours/work/pay. But you need to really be on the learning curve and unless you become the founder of a tech startup, join the csuite, your options really get more limited and hte more work you need to put in to keep up with the tech. On the other hand, in finance the older and more experience you get, the better your job gets.
You are now in AM as a CS + History double major ? Why the transition ?
I never went to college with the intention to study business/finance. I wanted to work in AM but wanted to study something else that has more value than taking higher levels of accounting/corporate finance classes. CS helped me get better at problem solving, technical skills etc. History was great at helping me get better at reading, comprehending large amounts of info quickly, and being able to form thoughts. You don't go to college for the content unless you are a hard STEM major, you go for the skills the major teaches you.
Yes. You can be a literal clown in SWE and make more than in banking.
One of my biggest regrets of all time lol
Can’t say I’ve been posed at my computer in banking but the gravy train ends at some point for me because I don’t find the lifestyle sustainable. Whereas my friends in CS are making a little less but can probably do it forever
*pissed at my compensation in banking
JFC autocorrect, sorry guys
No. Even if WLB and initial comp is better, I do not enjoy coding.
Ditto
Definitely at times. But then I remember how miserable and exhausted I felt in my CS classes. I got good grades, but really just didn’t enjoy coding. I’m a math major, so if I hate my ER internship this summer, I at least have the bandwidth to pivot to SWE. I don’t think I want to, though.
Never. Was a miserable fuck in coding classes, and wasted my time exploring CS-related academic/career paths. Finance for life!
Nope, but I sucked at programming so I didn’t have much of shot in that field anyway.
Not saying banking is thrilling but have any of you guys tried to code ? I minored it in, it’s boring and tedious as fuck
The reality is a decent percentage of people who go into finance are not prepared for or interested CS major so it’s not worth dwelling on
Tech is popular to talk about because of the comp and comparative hours but do you really see yourself coding?
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