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re: Jobs that you can realistically expect to earn $300k+ a year

Posted on 12/26/23 at 10:31 am to
Posted by lynxcat
Member since Jan 2008
24256 posts
Posted on 12/26/23 at 10:31 am to
Investment banking from a non-target school requires someone to be top of class. It’s simply not achievable for many even if they are open to the hellish workload.

And, you aren’t going to have many people stay in that industry. Pure money motivation.

ETA: Agree that it is definitely one of the fastest ways to $300K+ if someone can handle it.
This post was edited on 12/26/23 at 10:33 am
Posted by KwoodTiger
Member since Aug 2011
918 posts
Posted on 12/26/23 at 11:10 am to
quote:

Investment banking from a non-target school requires someone to be top of class

That’s what I mean when I say not easy but doable.

If someone can make 300k at 25 or 600k at 30, then it’s definitely not easy or else everyone would do it. OP’s original question threshold was 300k and I’m telling him there is a way to hit that at 25.

Having been in the industry for 20+ years, you do see attrition as people reach the VP and SVP levels, for a variety of reasons.

But, most generally leave for even better opportunities. Very few (as in none) leave for jobs with less responsibility and pay.

They simply love the work and the pay doesn’t hurt either.

This post was edited on 12/26/23 at 11:14 am
Posted by STLhog
Nashville, TN
Member since Jan 2015
17742 posts
Posted on 12/27/23 at 7:54 am to
Big Banks typically have a few “non target” analyst spots for kids out of school. Close friend made it out of Arkansas at UBS.

But you’re right, even top performers will sputter out once it’s time to jump to hedge funds and PE houses after 4-5 years. From there it’s name, nepotism and network.

But yea; can easily make 300k by 30. Even if you land at a mid market firm doing M&A, the equity alone from exits can earn someone way, way more than that.
This post was edited on 12/27/23 at 9:42 am
Posted by Azazello
Member since Sep 2011
3187 posts
Posted on 12/27/23 at 8:40 am to
I’m a VP2 in IB, 5 years in. Also on our recruiting committee. IB is certainly one of the fastest ways to make $300k+, but you have to be a glutton for punishment, especially in the early years

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