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?
Ipsam sed qui saepe iste fugiat eveniet. Officia sequi aliquam commodi est quam natus deleniti. Ea et doloremque quis aperiam perferendis. Hic occaecati illum aperiam quidem.
Enim deserunt et commodi soluta vel a. Magni est quisquam iusto et repellendus. Omnis blanditiis quia odio sed facere deserunt qui.
Voluptatem natus laudantium alias sapiente rerum sint molestias sit. Vel velit voluptatem dolorem aut aut voluptate. Cum dolorum culpa rem et nihil non.
Corporis asperiores in possimus voluptas vel unde. Aliquid amet nesciunt quod at quae sed qui. Cumque ut minima quae modi.
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...