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Vault Message Board: Salaries & Compensation

Topic Name: The highest-paying.
Message Name: Listen to your friend.
Date Posted: 02/21/2001
In Reply To: I'm a straight A student and I don't think Havard, Penn, Cornell, Dartmouth, etc. is out of reach. Provided I keep my grades where they are of course. Besides IB, are there any close seconds in terms of careers I should look at as close seconds. Perhaps other tracks that are just about as lucrative and prestigious. I just to explore as many worthwhile options as possible and learn as much as possible about different careers before I go to college. By the way, thank you for your reply. What is your background if I may ask? Regards.
Message: Your friend who replied to you is quite right about which school you go to. I went to Indiana University in Bloomington, a great B-school for undergrads. This was before they fired Knight and IU was such a great place for academics, basketball, etc.. it still is and most of the students there are quite smart but I do not know of one single person who got a job at a BB. Most got good jobs at Fortune 500s and some got into Big 5 accounting but I honestly do not know of one single friend who went to Wall Street. It sounds like you really have your heart set on IB at a BB on Wall Street so the accounting/corporate finance/asset management doesn't sound like what you would like. Keep learning as much as you can, decide what you want to do in IB: M&A, trading, institutional sales, emerging markets, underwriting, etc.. When your time comes to interview you will be grilled a lot and you can't say you want to IBank to make a lot of money(nothing wrong with that) but you have to much more convincing. But take the poster's advice and get into a Ivy. If not then MIT, Stanford, Chicago, Northwestern. Good luck and if anyone tells you to take it easy tell them to fuck off because you got plans.

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