Tell me again why /biz/ get erections for Finance and investment

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They have fantasies of making exuberant amounts of money like in the wolf of wall street. The reality? You make an upper middle class income and you rarely get to see your family and enjoy the fruits of their labor.

holy shit. i worked 40 hours/week this summer and i was at my limit, HOW. this is making me wonder if i really wanna go in finance and shit

>>1794826

Don't worry. Working in finance isn't like bagging groceries to pay the bills. If it's something you truly love, you'll probably never want to go home.

No investment banker likes their job. You hate it. That's the point.

No investment banker stays on for more than two years. You start getting hunted by private equity firms your first month on the job. That's the next rat race.

Unless you mean a non investment banking department inside of an investment bank (sales and trading is big bucks with a better life style and better career prospects), you do it to put on your resume that you can grind and work like a motherfucker.

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Wait, so is the end goal of a finance major is investment banking? Is there any other more comfy thing to do with it?

>>1794924
be poor

>>1794672
>Its minimum wage after accounting for all the hours
>being so jealous you're willing to make up lies
$400,000 avg salary / 52 weeks / 70 hours a week:

$109 an hour. That's about 1500% what you make at taco bell, OP.

>>1794919


>grind and work like a motherfucker.

>hiring the guy who needs 80 hours to complete his work vs hiring the guy who finishes on time

IBD is only one part of finance.
In Investment banking you have to put in long hours, with flexibility on bullshitting. The pitchdecks are mostly just same bullshit over and over, and it is completely a relationship driven business from the VP level.
Sales and trading has a much better lifestyle, but you have to consistently make Money or youre out.
Next level from S&T is hedge funds and asset managers. Lifestyle is honestly good. I leave at 5pm most days, have never worked a weekend. Also find my job interesting as the game is to beat the markets.
Money isnt bad either., Particularly the boNus if you consistently get it right.

Honestly capital or debt markets seem like the superior choice

hedge fund is the true master race. investment banking is the bottom floor of high finance.