Say I graduate from a school like University of South Carolina, Florida State University or LSU with a finance major (all in the 90-140 range of US News' top national universities) could I be making six figures withing 5-10 years? Or should I be expecting to not make very much for about 10 years until I prove myself in the work place.
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Banks will typically reduce analyst salaries incrementally by 10% for each quantile outside the top 89 schools.
How much is a quantile? is that 10 schools?
How much is a quantile? is that 10 schools?
Expect to make 50K until you hit Partner where you will be rolling 6 figures deep (100K).
Can you please elaborate on what it means to hit "Partner" and how long that would take. I'm sorry but I'm not actually very well educated in finance terms at this time. I'm actually a high school student who realizes he didn't do his best in high school and is now dedicated to making the best of the rest of my future
Depends on what division you start out in and how well you position yourself within the firm/company. You'll make 50-60 for your first few years until you prove yourself.
You can hit six figures within ten years from a flagship state school with corporate strategy.
It depends on you. Also, fincance spelled is finance.
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