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re: Jobs that you can realistically expect to earn $300k+ a year
Posted on 12/27/23 at 6:26 am to lynxcat
Posted on 12/27/23 at 6:26 am to lynxcat
quote:
PE or VC exits the norm even at VP+ levels?
Both, both PE more common.
quote:
Very, very, very few IB workers get a career track like this. What you described is more of a nepotism track
Yeah, not true…20+ years in the business says otherwise.
quote:
Why so many hours needed for IB
Combination of reasons. MD job is to originate so team is constantly either pitching or executing, execution of deals can be extremely time consuming and tedious, and finally a little hazing to see if the kids really want to do the career.
This post was edited on 12/27/23 at 6:28 am
1
Posted on 12/27/23 at 7:50 am to KwoodTiger
Director level and above at just about any major company can clear this all in for most “critical” functions.
Problem is, even at 300, you’re getting your arse taxed so much and housing has gone up so much it’s really what everyone thinks is 150-200k.
Need to get to a half mil/year to really feel “different” from 6 figures these days.
Problem is, even at 300, you’re getting your arse taxed so much and housing has gone up so much it’s really what everyone thinks is 150-200k.
Need to get to a half mil/year to really feel “different” from 6 figures these days.
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