edog Posted June 23, 2011 Share Posted June 23, 2011 I have to say that these numbers are very misleading - the MBA pay figures do not include any non-cash compensation, which makes up the bulk of any buy-side package (i.e. carry / stock options / deferred bonus etc.). Trust me, US$200k is the current rate for 3yr analysts in investment banking on Wall Street at BB banks (I know coz I work there). 1st year Associates make >250k and 1st year VP >500k. On the other hand, do not underestimate how much the top B-school profs make! Good, established full professors can double their salary with consulting / speaking engagements / expert testimonies etc (so ~500k). Some top stars are actively involved as partners in hedge funds (Lo / Campbell / Fama / Thaler / Shleifer) or are directors of multiple public companies (Hubbard / Kaplan / Snyder). Quote Link to comment Share on other sites More sharing options...
FabianMontescu Posted June 27, 2011 Share Posted June 27, 2011 Maybe you just like spending time and money in a Ph.D. instead of spending time and money in something else. You know, like the utility concept that we're supposed to know about? ;-) I left a comfortable post-MBA hugely $100K++ job because I didn't like it. There are days in the Ph.D. that I want to cry, but looking back, it was the best decision I ever made. Quote Link to comment Share on other sites More sharing options...
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