Hi,
I have been working for a few months as a entry-level consultant in a MBB, right out of university. My overall feel, fit and experience with the company wasn't particularly great, and I showed some significant weaknesses (I am a decently bad "local thinker", being good when looking at the big picture, but fairly bad when translating it in practical analysis and day-to-day action), and I think there was a cultural mismatch. However I do believe (and want, for personal and professional reasons) that I can overcome these weakness and could be still working in consulting. However, something became clear to my mind: I am not okay with working long hours on a day-by-day basis.
Therefore, I am looking for careers/jobs with the following conditions (in priority order)
- very high growth opportunity and challenge: here I am not talking about career growth, but learning and personal growth
- average of 50 hours worked: I am okay pulling two all-nighters in a row when needed, or having a very heavy workload for a week or for some days when there is an emergency; I am not okay with not having the time to enjoy things and "live" - or dedicating to a second work project - constantly on a daily basis
From some research, I can see a trend where one has to trade-off between the prestige/growth opportunities of a job and work-life balance.
Are there jobs or careers out there where this trade-off doesn't exist or it's minimized? I have no interest whatsoever in money, so this could help loosen up the restrictiveness of my target job conditions.
Do you have a business idea you can launch yourself? That's your best bet for achieving the balance you're looking for. As you alluded to, I don't think you'll find that balance in a high-paying finance job--that's why they pay well. Keep in mind though, if you have a lot of grit and talent, you'll succeed no matter where you go... even if it's your local Target store.
Sounds like Corporate Strategy
Tech sales.
I never stay later than 5 (partially because no one answers the phone after 5 in the industry we sell to). This week was so good we all just left at 2PM on Friday. I was also 30 min late today and it was no issue. Honestly can attribute it to nothing more than work ethic and willingness to learn.
If you want the big money go to enterprise accts. 250-300k is not uncommon at the higher levels.
However, you must produce or you get fired relatively quick.
If anyone asks you what you really do you explain how you close six/seven/eight/nine? figure software deals. It sounds pretty impressive actually.
I can vouch for this. It's a good career track if you're good at sales.
Been trying to get into tech sales for a while. Can't get past the final round though...
Can be competitive. Took me 5-6 interviews w/ different companies to get an offer at a small but fast growing start up.
Previous sales exp helps. As does being an athlete. The guy next to me played a season of pro European basketball. When me and him are trying to get the top spot I can attest to his competitiveness.
I do really well because I was an engineer and the work ethic translates because most people in sales are lazy and cannot grind as hard as I can.
Hi, I'd like to work for your company and make 100k a year out of undergrad. I know that people usually work 80+ hours a week, but I'm setting a hard stop at 45. Thanks!
Look, there's priorities in life. I don't think there's anything wrong with understanding where yours lie and moving in order to find a match between your passions/needs and your job.
Most jobs in industry will meet those requirements. I'd say stick it out for a year and then transition to something like corporate strategy, business development or even something more finance related such as corporate development, fp&a or treasury. For more excitement and potential to make more bank, I would join a late stage start-up because you will often times be wearing many hats.
However, you definitely plateau sooner compared to working at an MBB from a learning perspective but you will also become an expert in whichever industry you decide to transition to.
Good luck and keep grinding.
Which roles have the best money with reasonable working hours? (Originally Posted: 05/30/2017)
Hello!
Which roles have the best money with reasonable working hours?
For example, roles that are close to M&A salaries but with less working hours?
Thanks!
Check out this similar front page post from a couple days ago if you haven't already https://www.wallstreetoasis.com/forums/what-are-some-of-the-cushier-rol…
hooking, or escort.
In all seriousness, I've always wondered why the "tens" work at low-paying jobs that a short/ugly girl could do equally well. Are they being held back by societal stigma?
From a utilitarian perspective, I think ALL super attractive girls (5'10+, 0.7 w/h ratio, very thin, etc) should exploit their assets, especially since it quickly depreciates with age. When I see a girl who understands this, I think "she's smart."
To analogize this to us men, it's as if we sat on a massive sum of wealth, and stored it in cash without investing it towards productive means. Incredibly wasteful, and slowly eroded by depreciation (i.e. inflation).
So if you're thinking, yes, if I had one less Y chromosome, I'd probably be an escort. It just makes sense.
LOL looking for the dream job, I see.
Inherited wealth
Pretty much any job with an F500 company you will make good money getting to at least the Senior Manager level. People are in at 8:59 and out the door at 4:59.
In Canada, dentists or small town doctors. Lots make at least a million and the first 500K of income is taxed at a low rate of 15% because they are professionally incorporated (ie. called a CCPC); apparently Trump is trying to do the same in Canada. Shitty thing is lets say you make a $1millon salary at an investment bank, 50% is taxed.
What jobs could I get with decent pay under 60 hours/week? (Originally Posted: 08/14/2010)
After 3 years, I still don't really know what I want to do. I'll admit it's pretty dumb to try and pigeonhole myself geographically, but I would like to live and work in NYC, at least for a few years after graduating and get my feet wet in the business world. Is there any job I can get that will get me 60k+ (before taxes, after bonus) without working more than 55-60 hours a week?
Obviously, IB is out (unless there's some crazy boutique I've never heard of), but is there something else in the world of finance where this could happen? I'd also be interested in a corporate gig at an F500 office, maybe in something like HR or Marketing (which I have no experience for, but am interested in), or in the finance department. I think consulting is probably out as I wouldn't want to travel much.
Thanks for any advice you can share.
Apply to corporate strategy / development jobs at places like Google, Facebook, Netflix, etc. or late-stage startups like AirBnB, Slack, Blue Apron, etc. That will meet all of your requirements.
Sales & Trading = same pay as IB first few years and you work market hours (usually 7/8AM-4/5PM), plus much more stimulating than IB and you actually learn valuable skills.
Also valuation will start off right around that range in the city. Pay obviously doesn't rise as quickly as in IB but you can make a good living out of it. Hours range a lot, but usually aren't doing more than 50.
sounds like a big 4 advisory/consulting role is ideal for you
f500 finance rotational programs as well - a decent number of them pay >$60k, with hours ranging from 45-60 in most cases, as far as i've seen
.
Pub pol dept at some large firm
Anyone else have any ideas as full-time recruiting is starting?
Corporate Banking.
60+ in pay (base + bonus), 40 - 50 hours weekly, different products if your bank cross sells, client interaction.
What kind of salary are you looking for (base, annual bonus, signing)
HR by FAR if you don't really "care" what you do. Banks/insurance firms have it best. Usually has some travel, but no 80hr weeks and the pay can break 6 figures at the director level. Just from second hand info from people in that field.
You should consider something outside of finance in that case.
High paying finance jobs that aren't 60+ hours a week? (Originally Posted: 12/11/2015)
Researched finance jobs extensively and found none except f500 corporate jobs are less than 60 (trying to avoid f500 for a number of reasons). MM PE is still 60+ when including averages from deal times. HF i found is also very high. Obviously IB is 60+. Asset Management is less than 60, but not interested in that. Trading is dying (relative said stay away from this field), prop trading may not be 60 but the work is extremely stressful. Is there anything left? Don't really wanna do PWM either.
being donald trump's son... him specifically because I am assuming most millionaires actually make sure their kids learn the value of hard work
I'm at a semi target with a 3.8. I understand i'll be working 80 hours a week for two years after in IB. Im talking about after. I dont wanna be 40 years old and still working 9-9 every day. If these expectations are unreasonable, that it what i'm looking to figure out.
I'd just focus on graduating college and securing your first job, my friend. You're over-planning just a tad.
Work for the government, federal or military. Decent salaries, generous pensions, good benefits, good hours. You arent going to be a baller, but at least its realistic vs the wso youll have FU cash by 32.
Eum ea rem tempora eligendi rem. Dolorum quia rem magnam et consequatur.
Ut sint maxime corrupti saepe. Illum ea dolores alias praesentium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sit eos rerum et dicta repudiandae minus. Quia beatae omnis eos sunt. Impedit suscipit minus doloremque exercitationem itaque non. Vitae necessitatibus quasi est dolorum. Cumque asperiores pariatur pariatur vitae aliquam. Eaque et voluptate quos asperiores ad. Vero atque iure ut esse eveniet molestiae velit iure.
Aliquam repellendus cumque id magni sit dolorum. Recusandae qui nihil quia repellendus qui. Ratione nihil quas eveniet. Quibusdam porro autem voluptatem quia ipsa. Qui eos dolore voluptates pariatur.
Nam qui omnis et quibusdam culpa. Voluptatem dolorem delectus temporibus qui. Voluptatem voluptatum quasi quasi nam quam.
Dolor illo quia quae fuga. Non maiores doloribus id eaque distinctio alias animi. Eos est quis consequatur. Eos repellat doloribus quasi facilis praesentium perferendis illo quisquam.