Does not seem fair how much money we are making compared to other industries
FT IB Analyst here. I personally think my life is too easy compared to other high earning careers. Yeah we are worked to the ground compared to other industries, but let me help detail my thought process:
For IB recruiting I did decent in highschool to get into a semi-target. Was beyond easy to get a 3.8+ majoring in, my classes were beyond jokes. Insanely easy. Then studied maybe 8-10 hours total of the guides online, took maybe 2-3 coffee chats, got the SA, did SA and just started FT, and now am locked in to make around $180k this year total. This is compared to other fields:
Computer Science - Heardhard the major is, skimming through lines of code for 5+ hours just to find the tiny mistake, etc. Then grinding LEETCODE for 5-7 months to pass the actual super rigorous technical interview process.
Med School - Need a 3.8+ in probably the hardest major there is.months on months for the MCAT. Then go through so many years of debt + residency.
Law School - Also need a 3.8+, then months of studying for the LSAT (need 170+ for top schools) then years of debt and nonstop reading in law school.
It is hard to wrap my head around how getting into my career seemed 10x easier and 10x less work then the above mentioned. Interested in any thoughts/discussions.
Engineering - Major is hard AF, have to take thermal dynamics, a bunch of physics, etc and still have a good GPA. Don't have much insight on the job prospects or recruiting situation for engineering, but I have a friend who was a genius chemical engineer and is making 89k all in. I realize his hours are better than me, but I know for a fact he is 10x smarter than me and i make double what he makes.
I already know I will get monkey shit. I understand most people in banking and finance have a giant ego and want to seem like they are doing God's work and that banking is super coveted and difficult to get into, but the reality is I am not seeing a whole lot of that.I am not shitting on banking either, I mean I guess it makes sense our comp is so high with how hot the M&A market and fee's coming in, etc. But still, I get this feeling of "Too good to be true" for some reason. Curious for other thoughts.