Does banking and/PE solve this problem? If you become an MD, or at least an ED, make somewhere like $3 million/year, I believe that solves the problem no? You can afford a lot of good then then.
Let's say you make $5 million/year as an MD. Your personal tax rate is 40%, so your take-home is $3 million. I've never seen that much money and I think it's pretty damn good.
| +139 | Restructuring: Anti-climactic Experience | 36 | 8h |
| +110 | IB Net Worth / Savings Check | 51 | 7h |
| +100 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 25 | 5h |
| +82 | Stop sleeping on UBS - it’s pretty good | 29 | 41m |
| +70 | Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026 | 11 | 25m |
| +56 | 2026 VAULT PRESTIGE RANKINGS | 30 | 1h |
| +39 | AI + Financial Modelling | 12 | 1d |
| +32 | Hardest interview experiences? | 20 | 1h |
| +28 | Summer before college | 17 | 19h |
| +26 | Current State of UBS in North America | 8 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Velit vel expedita voluptas velit facere et sunt. Et officiis et aut laborum ab. Est doloremque minima itaque quo. Vitae aliquid quae quam earum occaecati.
Quis voluptates est aut voluptate omnis magnam. Temporibus eius minima dolorem ab.
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...