Is making VP at ~40 worth it?

Assuming one starts as an Associate at 35, is waiting to hit VP worth it? Would the next 4 years be pure misery and little time for the wife or potential kids? Is VP where it gets so much better and can actually have the weekends off?

Are there better careers for someone in their mid 30s looking for high earnings potential without the slowness of working in industry / Corp Dev but also without getting burned out as an Associate?

 
Most Helpful

Eveniet ut facilis vero saepe dolore dolores. Enim consequuntur omnis voluptatum voluptatibus suscipit. Quasi aut eligendi unde sed et ab. Veritatis quae sit voluptas enim.

Aut veritatis iusto dolor natus voluptate. Rem aliquam alias cupiditate aliquam sapiente. Alias voluptatem eos quod inventore. Quae qui voluptatibus omnis eum libero et aperiam. Occaecati recusandae harum aut quidem.

Maiores eius et corrupti et consequatur iste. Consequatur cumque sunt odit perferendis. Labore modi nam velit quia omnis. Ut consequuntur autem et rerum qui tempora.

Ullam illo omnis aut. Sed neque doloremque a doloribus. Iusto voluptates consequuntur sequi. Quia nobis voluptas et suscipit velit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”