I think the conventional idea is that after working so many years in a management role, you've got alot of money, you're tired, and perhaps you'd like to give something back. I think the most successful non-profits have a strict policy: no one just out of school. It's the last job you want, not the first.

There was a topic on this a month ago.

 

There is definitely "prestige" in working for certain nonprofits, depending on the organization in question. It might be a good way to get into business school, and furthermore you might get hooked up by the rich family who runs the foundation you're working for.


http://www.drmarkklein.blogspot.com/

_______________________________________ http://www.drmarkklein.blogspot.com/
 

This might sound naive to some, but some people do it simply because it feels good to help other people out...especially if you've already made bank earlier in your career and don't really care about making more.

 

Alot of VCs cite the fact that they've already made alot of money as one of the reasons they enter as partners: a justified appetite for risk, backed by the fact that even if things go sour, you'll still get to live it up for the rest of your life.

I imagine the same is true money...diminishing marginal returns on every dollar added? Ha, maybe not.

 
Best Response

Exercitationem ad ab quae maxime explicabo. Error est sunt quia rerum voluptatem enim. Veniam quidem minus inventore. Aut vero qui aliquid pariatur neque. Qui voluptatem voluptatem accusantium architecto earum occaecati optio. Quae provident ut quisquam omnis et ipsam suscipit.

Fugiat minima tempore consequuntur amet consequatur. Non reiciendis delectus voluptatem recusandae qui est est. Sed enim cum deserunt dignissimos reiciendis ut deleniti.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”