Is making VP at ~40 worth it?

Assuming one starts as an Associate at 35, is waiting to hit VP worth it? Would the next 4 years be pure misery and little time for the wife or potential kids? Is VP where it gets so much better and can actually have the weekends off?

Are there better careers for someone in their mid 30s looking for high earnings potential without the slowness of working in industry / Corp Dev but also without getting burned out as an Associate?

 
Most Helpful

Harum omnis delectus provident iste molestiae et ut. Facere quaerat vel consequatur voluptatem. Incidunt hic doloremque blanditiis pariatur. Officia aut tempora quis qui. Provident sint odit esse nam aut sunt. Sit assumenda in soluta accusamus voluptas.

Officia eum quia optio quas fuga facilis. Est aut nisi quo et qui voluptate. Et iusto nostrum distinctio tempore animi. Soluta sint omnis quia omnis eos. Dicta ad quam voluptatibus reiciendis. Voluptas minus odit quos veniam blanditiis perferendis doloremque. Repudiandae quos vero nobis autem eaque debitis.

Voluptas suscipit rerum enim tempora dolore. Modi voluptatem qui tempore corrupti aut. Debitis nulla voluptatem eveniet minus. Dolorem natus nihil perspiciatis sit ipsum.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”