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Huaren
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millionbabe

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Finance是最赚钱的领域么

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2006-10-06 11:11:00

I'm in the money management industry.  My experience is that there are a large number of people at the bottom layer, making just professional salaries.  But some can make really big bucks

- If you can consistantly beat the market

- If you can gather assets from a large network of high networth investors

- Some investment banking

- If you are good at manipulating people and climbing the corporate ladder

I know CFAs with 10+ year experience making less than $100k.  I also know sales guys with not much knowledge but know a lot of rich clients that get paid millions a year.

My conclusion: choose career based on your interest.  Otherwise if you don't get the compensation you dreamed of, it can be really disppointing.

FOLLOW YOUR HEART.

Huaren
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millionbabe

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2006-10-06 11:12:00

forgot to mention: you can also do really well if you're lucky and get into a really good firm when it's still small.  Like a Google in the finance industry.
Huaren
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millionbabe

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2006-10-06 11:14:00

Also networking is very important in this industry.  I'm constantly frustrated by it because I'm not good at it.

The field is also dominated by white males.   

Huaren
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millionbabe

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2006-10-06 11:17:00

And be prepared that you probably will be asked to do the numbers and prepare reports, but when it's time to do presentations to show off the results, you might be pushed aside because you are not the best English speaker in the company. (By definition, you never will be.)
Huaren
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millionbabe

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2006-10-06 14:26:00

Hug.

Frustrating.  Although I'm not a native speaker, my English is good and I'm a good presenter (according to my MBA classmates, teachers, and native-speaker husband).  But never once they let me do a presentation at work.  

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