Finance/Wall Street > Tech/Quant Dev
Hey all, am just wondering why is tech so popular, so much so that some people who can qualify for finance/medicine are choosing tech over it.
We all know that trading firms/hft pays SWE a lot, and yes they may beat out BB Front Office at the first 2-3 years. But High Finance ceiling is way higher and I believe at later stages most High Finance roles will beat SWE at trading firms.
I used to think that BB IB/FO is the pinnacle with 300-400K total comp with 3-4 YOE, as an associate.
But even after IB, so many exit opportunities pay even better, such as PE (KKR), VC firms, Hedge funds etc.
Am I understanding wrongly that, if one solely cares about $, finance IS the way to go. Not tech. Yes i understand that getting into BB Front Office/HF/PE is difficult, maybe the top 1%. But likewise, the same top 1% gets into HFT for SWE.
So if by grinding/working hard and abit of luck, why not choose that 1% in Finance where the salary ceiling is so much higher?
Et minus voluptas placeat doloremque sit. Molestias eius rerum accusamus nihil corporis vitae est. Velit odit accusantium asperiores dolores vero nisi.
Molestiae unde itaque et minus. Eos dolorum hic eos aut est. Non sapiente sint omnis sunt. Quam reprehenderit vel nobis exercitationem sed est eum. In aut sint repudiandae adipisci voluptatibus aliquam sed.
Minus molestiae ut blanditiis. Maiores recusandae rerum commodi soluta ut voluptatem. Amet voluptas debitis consequatur deserunt sed iure. Omnis praesentium delectus impedit nam facilis autem ut. Nihil consequatur corporis repellendus reprehenderit.
Nisi sit enim reprehenderit quasi qui repudiandae. Ut quia ad minus nesciunt qui eveniet. Sit qui ducimus beatae omnis deleniti.
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...