Alright I've looked everywhere on WSO and Google and haven't found anything regarding tech position promotions at ibanks. I just looked up the "VP of Technology" avg salaries on GlassDoor for Goldman Sachs and they range around $120k -220k+ which is pretty good for what I want to achieve.
But I'm guessing these guys most likely have math/quantitative degrees from college and aren't doing much regarding actual investment banking? All I've done so far is research ibanking tracks and typical quant tracks, but I have never been able to find much on the tech track at ibanks. $200k sounds like a pretty good deal to me, and (im guessing here), the hours aren't as bad as ibanking?
Can ANYONE just give me some insight on how guys in tech positions at ibanks advance in ranks? Particularly how does one achieve VP of Technology? Do you need an MBA? What's the typical track? (like 1st Yr Analyst > 2nd Year > 3rd Year > 1 yr Associate, etc...)
Also, are there any positions above VP Technology? Are there Managing Directors in the tech departments? What are the salaries like? And around what age do most tech guys make VP Technology? Hours? Are there more office politics involved?
Thanks a bunch! Any sort of responses will save me some headaches. I'm sure there are some people who've been wanting this information for a while now as well.