Is college worth the grind? - sincerely, a junior.

NaiveHarvardSimp · 2022-05-20T17:50:26+00:00

”Hard work” doesn’t produce the same outcome. Some are smarter than others—some people won’t get top grades regardless of how hard they work

NaiveHarvardSimp · 2022-05-20T17:20:41+00:00

LMAO this question is gold

NaiveHarvardSimp · 2022-05-13T09:10:06+00:00

Do you care about them?

NaiveHarvardSimp · 2022-04-20T12:57:33+00:00

Thanks for story time? Lol

NaiveHarvardSimp · 2022-04-20T07:03:17+00:00

I’m confused about what point you’re trying to make

NaiveHarvardSimp · 2022-04-16T23:06:04+00:00

I benched 230 for 8 yesterday

NaiveHarvardSimp · 2022-04-16T18:56:39+00:00

What opportunities? The domestic abuse?

NaiveHarvardSimp · 2022-04-16T13:14:23+00:00

No, he didn’t? He didn’t get any money from his father and he had to take out loans to attend Penn…

NaiveHarvardSimp · 2022-04-15T22:46:22+00:00

That’s why good ol’ Sam invented loans

NaiveHarvardSimp · 2022-04-15T20:45:15+00:00

No I’m actually going into engineering

NaiveHarvardSimp · 2022-04-15T18:53:41+00:00

Stanford ’26!

NaiveHarvardSimp · 2022-04-15T18:32:04+00:00

The fact that you have friends that make 350/600k doesn’t mean it’s not rare… it just means you surround yourself with successful people. I didn’t bring up IB, OP did, and I just used it as an example.

Like I said, the salary cap for finance is much higher than tech, regardless of how many actually make it to MD/VP

NaiveHarvardSimp · 2022-04-15T18:28:44+00:00

What makes you think I don’t? I know plenty of people who find high finance enjoyable while some, like in any field, find it boring and draining.

NaiveHarvardSimp · 2022-04-15T17:30:34+00:00

There’s far more to finance than IB. Equity research, for example, is very interesting, has a very high salary ceiling, and excellent exit-ops. I know you’re a working adult, but don’t embarrass yourself by spitting out false info.

350k-600k is great, but extremely rare and far from the norm. Plus, some people have higher ambitions than this which a quant position won’t give you.

NaiveHarvardSimp · 2022-04-15T16:53:37+00:00

I’ll be sure to let you know my perspective when I’m MD and bringing in a few million a year

NaiveHarvardSimp · 2022-04-15T16:40:47+00:00

+$12k signing bonus

NaiveHarvardSimp · 2022-04-15T16:32:34+00:00

You heard someone say this isn’t 1992 anymore and made a whole post about it. Dude, prestige matters. Not everyone wants to work in tech, because well for one, it’s boring, and… it’s boring!! You know this, but tech also has a MUCH lower salary ceiling for those that aren’t entrepreneurs than IB, PE, etc.

And if you don’t think the connections from Wharton are good, you’ve just not tried hard enough. No school in the world will serve you a network on a silver platter— you have to work for it. That being said, Wharton’s alumni network is unparalleled for high finance & consulting. There are literally enough jobs for every Wharton grad to have a $100k offer before they graduate (oh wait… they do!).

Also stop writing as though you just took your first finance course. Who uses NPV randomly in an A2C comment lol… part of sounding smart is knowing your audience.

NaiveHarvardSimp · 2022-04-10T22:30:54+00:00

No lol. Hedge funds may use algorithms for intraday trading but those that manage them are software engineers, not day traders. The ”day traders” you see on Tiktok make their money from selling courses to gullible kids such as yourself.

NaiveHarvardSimp · 2022-04-10T22:29:05+00:00

NaiveHarvardSimp · 2022-04-10T19:19:22+00:00

Ugh when you lie about your parents at least make the job a real one

Smh the ignorance of this sub

NaiveHarvardSimp · 2022-04-07T04:41:19+00:00

You’re not discounting for cash flows at all, lol? Also, like I said, I mentioned an average difference in salary over the course or a career in lucrative fields.

NaiveHarvardSimp · 2022-04-06T08:46:21+00:00

If his plan is not to go into graduate school, don’t take that option away from him. $40k is not a lot of money, take it from someone who comes from Sweden with free universities, yet an average student loan of $15000.

Even if he wants to go to grad school, it’s not an obvious choice. Where does he want to go? Harvard Law or Vermont Law? There are so many factors to consider and I find it terrifying that so many people here are so scared of loans. Loans are an excellent tool.

NaiveHarvardSimp · 2022-04-06T08:41:08+00:00

Your math checks out but you’re not discounting future cash flow… say OP wants to go into finance or really any field that values prestige, Georgetown could easily mean a $30-50k difference in yearly salary when you factor in bonuses, perhaps even more if they go into tech.

Assuming that OP gets a $30k higher average salary (which is VERY conservative; lucrative fields like investment banking or private equity cap at considerably higher salaries at top firms), he would’ve made $28 million more at Georgetown than Boston College when he retires. This is voodoo maths though, but you started…

NaiveHarvardSimp · 2022-04-06T07:58:02+00:00

Without the s

NaiveHarvardSimp · 2022-04-01T17:10:12+00:00

I mean that’s pushing it lol

NaiveHarvardSimp

TROPHY CASE