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Archived threads in /biz/ - Business & Finance - 7735. page

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I had recently read that business majors are amongst a group of majors that study the least out of all majors

As a biology major who actually spent a lot of time studying throughout his undergrad maintaining a 3.85 and is soon applying to dental school I wanted to ask you businesscucks the following:

-How hard is business REALLY? I can imagine from an academic standpoint it must not be that difficult but rather the "difficulty" in making it in business is connections/ability to perform/outside the box thinking/personal drive

-As mentioned above do you guys really not study that much?

-Are the people who major business smart dudes? Ie. GPAs above 3.7 in high school with strong critical thinking skills kids who are doctor/engineer material or mostly C student alpha dumbfucks who think they can get rich (I've noticed a lot of gymbros at the uni major some kind of business so I figured these fucks must have a lot of free time on their hands)

Regarding MBAs I've heard that many MBA schools prefer to accept non business majors as the curriculum has mostly shifted towards teaching analytical skills and some critics argue MBA grads enter real world business situations unprepared, is this true? This leads me to my next series of questions:

-How hard would it be for someone with absolutely zero background in business but good grades get into a top tier MBA school

-How hard is the GMAT REALLY?

-Say I wanted to get an MBA along with my DDS. How hard is Bschool? Difficult because of the content of the curricula or because of a 9-5 daily class schedule since most kids are used to picking their schedules and course load in their undergrad?

-Would it be difficult for someone without a business background to thrive in Bschool?

Once you get hired what's the working MBA life like? Are you spending most of your day slaving away at a cubicle for a Fortune 500? Is the work truly difficult or just long and arduous?

First time poster here btw, fuck me gently.
22 posts and 3 images submitted.
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>>1021686
> hard
Easy compared to economics or the math side of economics

> study not much
I think most business students at university level work for like 15-20 hours on week average compared to some majors that need to put in 30-40 hours of coursework on average it is pretty low.

> smart dudes
I think you're putting too much emphasis on grades they don't necesarilly mean if someone is smart or not. Then again I'm not from US in my country if you get all 6's (C's) that means you're passing units and doing a great job. Back to your question; no people in business aren't that smart in my opinion people who do tougher degrees often have more intellectual capabilities just judging from the conversations I had.

> how hard to get into mba with different background
Depends if you've done the mathematical prerequisites for the mba, mail with university about it

> gmat
No clue

> doctor of dental science & mba
It's easier to just pick one

> thrive in Bschool
No not really, you just have to read a lot and analyze

> long & tedious jobs
That really depends on yourself and where you're going to work if you're going to work for a boss.
>>
>>1021686
As an undergraduate, we had a saying at my top 20 US university "b-school pre-school". Not only were the classes significantly easier than pretty much every other school within the university, but we studied less and didn't have classes on fridays. A good business school will also facilitate networking and setting students up with jobs.

People who go to business schools can be very smart, but they're usually there because they want to make money.
>>
Biz student here. I pay foreigners to do most my school work and spend my free time either working or learning a new skill. I'm pretty fucking lazy though and probably very ignorant

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Why havent you cuckolds invested in bitcoin yet?
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>>1021678
it hit the ceiling 2 years ago

find the designated bitcoin thread and bitpost in there
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>>1021685
>This is what financial cuckolds believe
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>>1021678
Done. I sold everything today. 100% of profit.

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Which do you guys use and why?
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Fidelity. Coz that's what my job put my 401k in. Should I be doing more than just contributing 10% of my paycheck?
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I manage my own account.
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>>1021359
>Should I be doing more than just contributing 10% of my paycheck?
If at all possible you should be contributing the IRS limit which is $18000 this year ($24000 if you are 50+), or as near to it as you can afford. Figure out what percentage of your salary that is and contribute that much.

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Chinese stock market opens in 20 minutes

What will today hold? Let's find out
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>>1030925
Xi worked it out. not even an issue
>>
In an hour and 20 mins*
Woops

>>1030927
;^)
>>
How many of you actually trade in the Chinese market, I'm just curious. How profitable was it before the crash?

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>1.2 million for a starter home
how is anybody supposed to afford this?
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Don't like it then move somewhere cheaper. Not rocket science you entitled shit.
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>>1024314
you don't

you just sell your body to the banking overlords by something called a "mortgage" and then they let you live in one of their houses in the countries they own.
>>
>built in 1880

Jesus Christ literally could collapse at any second I bet.

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Let's say hypothetically I had a friend who had $250k in somewhat questionable funds.

How would he go about laundering it?

>inb4 nail parlor
>inb4 carwash
69 posts and 4 images submitted.
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ebay
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>>1023967
Time to take a trip to Vegas.
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>>1023967
small cash based business with low overhead

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Hello,

So I worked for this company, for years, where I was paid 50k to work 50 hour weeks and sell shit on commission- however, after a few weeks in, I met people, and well, I met the people that owned the OTHER gold recycling facilities and had no employee, and the same kind of inventory to use.

Well, I threw as much of my personal savings as I could, mostly money paid to me by the company, and bought as much of that shit as I could- and flipped it to people to people overseas when I got home from work, all night long.

So the company that has employed me has gone out of business. Creditors seized all assets.

I want to offer the creditor a lump sum of my money (I'm making more than I know what to do with it) and buy the damn plant myself.

Then I know I will always have a steady supply of the shit I sell- and I can make money on the actual plant's operations, the melting cash for gold junk bracelets, etc.

Any advice? Great idea? Bad idea?
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>>1022461

bump
>>
this is fucking cool bump
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>>1022461
Sounds like a plan if you know the business. You seem like the kind of guy to have good credit, so this is the kind of thing you'd want to get a bank loan for.

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What's the hottest STEM degree right now? What's it gonna be in 2020?

I hear a lot of people splerg over CS, but isn't an EE degree just an applied and superior CS degree?

Is a math degree worth anything more than concrete proof of your autism? Is there 'bad' engineering degrees, or is it just memes upon memes?

Is STEM overhyped garbage in general, or is it worth pursuing beyond academia lustfest reasons?

>enlighten me

I'm probs going into MechE, but something like CompSci could be cool because I think AI / machine learning is dank af.
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>>1020649
You can't go wrong with EE. It seems the least saturated and plenty of work out there. EE and CS are pretty much completely different unless you take a path of EE with logic programming or a lot of computer courses.IMO, math is garbage compared to EE or ME. ME is definitely alot more saturated than EE.
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>>1020649
lol that's not a lambo.
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>>1020649
ME, EE, and CivilE are still the trifecta of engineering; everything else is just a derivative

Math can be useful if you have a plan and do internships and extracurriculars accordingly. You won't do engineering with it though.

STEM is overhyped, companies are actively promoting it to bring up supply and drive down cost (salary). Still worth it if you love it, of course.

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Why is it getting btfo?

Almost 10% down in one week.

I invested my life savings into this because everyone said we we'd be hitting 1k next year.

Help pls.
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A fool and his money are easily posted xD

>investing in a literal meme
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Just shut up and hodl

anyone with some bitcoin experience knows this businnes is a rollercoaster ride

and yea only invest the money you can afford to lose, not your life savings to begin with
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>>1013844
Bitcoin is volatile, it skyrockets and plummets all the time. It's the long term you should focus on

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Might seem like a stupid question, but apart from things like GDP decreasing, how do you actually tell that whatever country youre in is experiencing a recession?

For example im in NewZealand and want to capitalize off a recession and buy stocks, at what point do I know that my country is in a recessive state? OCR is low? Rely on the news if they report unemployment is rising?

Or is going on google and looking at countries history of GDP and look at the business cycle which peaks and troughs every 8 years or so? (I think?)
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>>1027754
Transport industry
Also bump for interest
>>
Just look at the increase of money that has to compensate the expenses of the government.
For example, real one though,
The US government is in deep debt shit and is increasing tax money, insurance, tuition money etc, money has to come from somewhere to make up for the economic downturn the nation is experiencing. The United States will fall if it does not reform it's economy. They're depending on their currency value mostly now. "Hurr durr it's okay the country is going to shit, everyone is buying our currency" - stupid government. What they don't realize is investors sooner or later will realize that the country is going to shit like brazil or Venezuela or whatever and pull out.
>>
If you plot the posting data and that country happens to be shitpoating on /int/ more than usual desu.

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What will you be getting when your parents die?
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>>1026331
an unpaid mortgage and a messy home
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>>1026331
Probably nothing.

Kind of sucks but I don't plan on giving them a spare shekel of my money either. In fact I will soon be moving out without telling them and never speaking to them again.

Not even sure how inheritance would get to me if it were magically to.
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>>1026336
This.
I guess I'll also get the 32 inch TV, that's nice I guess.

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>get raise at work
>landlord raises rent
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>>1026118
>mfw quitting my job for another that pays 50% more.
>>
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>>1026118
>friend gets raise
>you get fired
>>
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>>1026118
move to shitty apt sell all possessions live like poorfag for 2 years. Save all money and get head start.

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How do I kill my desire for a family?

I'm 20 and I'm constantly thinking about getting married and having a big family, but I don't want that to fuck up my dreams of becoming a multimillionaire...

what do?
52 posts and 7 images submitted.
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>>1026098
Just realize that as a man you can have a family at any point and you'll be fine. In fact your ability to get good female partners increases with your net worth. Getting married now is selling yourself short. I've already made this mistake, you shouldn't.
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>>1026098
Travel. Once you see how other people have to travel with shitty kids you feel sorry for them. When you travel you actually change the chemistry of your brain into survival and exploration. Like being a kid again and kids don't think about having kids.
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>>1026098
think about alimony and special needs kids

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Post how your family held you back from success.

Mine:
>Never taught me ANYTHING about personal finance/investing/markets, etc
>Said meme shit like "You need to be a genius with a million dollars to invest!" when I told them what I learned about investing and tried to talk to them about it
>Constant nagging raised my cortistol and sub-sequentially lowered my testosterone
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Same repost

every day
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>>1024230
>He actually goes on 4chan every single day and remembers every post

Kind of pathetic. Don't you have a job or friends?
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>>1024220
make an original post op then well talk, otherwise gtfo

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Im 29 years old and have been raising beef cattle for the last 5 years I only have a small operation with 12 cows, but I enjoy it and would like to make this my full time source of income, I was noticing even in the rural area I live in no one my age is into this type of business except maybe 2 other guys and I wonder why? I know that it is profitable so why do young ppl shy from this type of career ?
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Well, I have no land and no cattle. Plus I know nothing about animals. How on earth could I possibly get such a career? It's easier to get a deskjob or start my own business. That's why no one does it.

If you start such a business I might be wise to diversify your products a bit though. And get a good insurance in case something happens to your products.
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>>1023559
I'm 24 and I would love to earn a living doing something related to agriculture. The main obstacles to someone like me doing this sort of thing is the fact that it seems like a difficult profession to break into. Most people who do this lifestyle were born into families that have been doing it for years. There seems to be a lot that can go wrong - especially if you don't know what you're doing.
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>>1023559
This line of work interests me but I don't come from that culture and would find trouble getting started. I'm 19 right now and I've applied to SO many ranch hand jobs but they pretty much only want experience. Any advice on how to get into this stuff would be greatly appreciated.

Also, how profitable would you say it really is? As far as I know, cattle ranches have been offering other sorts of entertainment (horse rides and shit to stay afloat).

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