What's the best job you know someone got straight out of undergrad?

By "Best" I mean the job you would pick over any other job. I guess it could mean the job that accepts the smallest amount of people or the job that gives you the best connections.

Or for you prestige whores the most prestigious job.

 

Job I'm doing right now. Working at a long-only AM at a top boutique rn. Making banking comp in a non-NY city, working 50-55 hours a week. Promotion in a 4 years will be around 300k all in, and another 4-5 years after than ranges from high six figures to low seven figures.

I wouldn't trade it for any other job in the world. Well, aside from working at Berkshire Investment Group if I could work directly under Buffet. Other than that, no desire to move elsewhere. Sure, there are few places that technically would pay better in a few years, but none with the lifestyle that I'm maintaining here at 50 hours a week, and none that value tenure after sometime. In HF world, you pitch a couple bad names and you're out. In the AM world at many firms, you pitch a couple bad names, and and you at least get a couple more tries given that you've been there for a while.

Of course, this is just my opinion. Totally fine if someone would prefer Apollo Associate or Greenlight, but I can say with certainty that I'd rather have the job I have now.

 
hedgehog9:
in 4 years will be around 300k all in, and another 4-5 years after than ranges from high six figures to low seven figures.
HAHAHAHA.

I love how you are able to predict your future paychecks with such precision and yet are unable to mention your current paycheck at all. Come back here in five and ten years and let us know if:

1) You are even working at the same firm 2) What your total comp is at that time.

 
Most Helpful

Seeing as how you're a self-admitted drunkard who spoke about not having any meaning in your life beyond your work, I don't take anything you say seriously so feel free to move on to a different thread. Not providing a current paycheck doesn't quite imply anything. Making between 140k-160k right now as an estimate, since you seem so interested in it. And no, it's not mind-boggling, but not bad for a guy a year out of school working 50 hours a week.

And I can express confidence in the estimates provided above as my main boss, who is responsible for my next promotion has candidly spoken to me about promoting me in the next few years & was kind enough to walk me through the comp trajectory. Of course, I can't necessarily predict my promotion after that, but I never claimed to, only provided the info as to what it would look like (although, if I didn't have the highest confidence I could get there, I wouldn't be in this profession).

Of course, as I imagine the only thing that adds any meaning to your life these days is trying to shit on young professionals on an anonymous platforms, I assume you'll have some sort of put-down response to this. Whatever makes you feel big, champ.

 

I know one guy that landed a pretty sweet boutique PE gig. Not really sure how he swung it, because the firm repeatedly told "we never hire people straight out of school - minimum 3-5 years of solid experience".

Also, I'm gonna echo the above user: One guy I went to school with got hired for a very chill AM gig. It is in a smaller city, and probably the smallest satellite office the bank has. Regular 9-5 but with big city pay, and small town expenses. From what I've heard, the guys there are making between $200k-$500k, depending on position.

It should also be mentioned that the guy had two kids and a wife by the tender age of 19, so he probably had no interest in chasing your typical PE/HF preftige. Very folksy and unassuming guy.

 

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