I'm doing research with an econ professor (he's about 27 years old) and I asked him today whether he ever considered i-banking or quant-fin or hedge funds. He kinda casually told me that a lot of his friends that work at the big names have asked him to come out and work for [insert top-tier HF/IB], but he would never make money doing something as boring as HF/IB. I died a little inside after hearing that.
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Funny how every professor seems to have "friends" that ask them to work at XYZ HF, but they just can't bear to leave academia and research.
Those who can, do. Those who can't, teach
My dad is like that. He could be making twice as much as he does now, but he chooses to teach because he loves it.
You need to get out more if this is the first time you've met someone who finds academia interesting but doesn't find roadshows and prospectuses interesting.
Im in the same situation. I do research for one of my 28 yr old finance teachers, and he basically told me the same thing. I believe it though. Hes a smart, pretty coool guy. Why would he go get his phd if he didnt want to teach?
He seems to enjoy teaching a lot.
You should talk to a TFA person and then really be depressed.
Try to get your professors to give you their business contacts?
Some people are in finance not for the money??? (sarcasm)
most finance profs can make lots of money. my investment prof (phd from ivy in finance) told me many of his friends were making 500k after 2 years and up from there. he's in his 30s now. real cool real smart guy, he just loves teaching and doing his own research. he gets to research whatever he wants in finnance and still get paid about 150k a yr to teach 2 classes. pretty sweet gig to me. many of my profs do consulting on the side, one drives a ferreri. i love those things.
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