Doctor VS. Banker
I'm seriously considering entering medical school vs continuing with my MBA at H/S/W. Can someone in the field give me some real information and not you college kids. I just can't seem to get the Banker lifestyle of 80+ hour work weeks. My cousin is an EM Doc and pulls nearly 500k a year working 4 - 10 hours shifts, he gets every Friday off. Don't talk to me about the cost differential during med school that's a non issue for me. I refuse to spend the rest of my life working 80 hours a week without spending quality time with my family. I guess my question is if there's any field within finance where I could be getting 400-500k a year for 40-60 hour work weeks max? How long would it take to get there? It's just becoming hard af to justify going into banking with the atrocious hours you guys have. It looks like the buyside at PE firms isn't much different. Realistically it will take over a decade of climbing the corporate ladder at F500 to get that salary if I'm not mistaken? Asset management on the other hand seems to be an ever shrinking field. Is there any real light at the end of the tunnel? I'm starting to think I'd rather work my ass off for 10 years in med school and residency and make 500k with a 40 hour work week for the rest of my life vs. getting burnt out in my first few years at a PE firm. Looks like the hours in finance never get much better. Someone please give me some hope, Is there any job in finance which you can pull 500k with under 60 hour work weeks?
Update: Just wanted to apologize for how I responded to some of you. It was unbecoming of an officer in the Marine Corp. I think I'm having somewhat of an identity crisis and am upset more at myself then any of you. I won't delete my comments as a reminder to myself of how much of an arrogant ass I can become when I get angry. I think I need to start looking deep into what really makes me happy above all else. When I did that my life was going well and I was happy. Now I feel stuck and confused. Thank you all for your patience and advice