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DC_Girl
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Posted on 10-05-04 10:07
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Besides business and computer sciecne, is there any money in other sectors? What do you guys think is the highest paying job in the market today?
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Utopia12
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Posted on 08-09-07 10:33
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Hey, LOTTO किन्ने नि आफ्नो गच्छे ले भ्याए सम्म हप्तै पिच्छे !! एक दिन कसो नमिल्ला र? kiddin'
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sajhakhohero
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Posted on 08-09-07 10:38
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OR REALLY MR thapap. SORRY ABOUT THAT BUT MY KEYBOARD ONLY COMES WITH THE CAPS ON. IT WAS MADE LIKE DAT. HAVE YOU GUS/GALS MET ANY NEPALI TAXI-DRIVER IN USA? I AM GOING TO BECOME SOON.
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thapap
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Posted on 08-09-07 10:46
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SAJHAkhoHERO, jhuto bolnu hunna kya.. maile bhane ko biswas nagareko ho? click this link and please stop shouting. ====================================================== as always, what do i know (O:
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ShaKEEn
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Posted on 08-10-07 1:10
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it aint about the money, it about PASSION...
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ab_belial
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Posted on 08-10-07 2:06
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be a surgeon shit they make shit lot of money. be a gamer sit on ur ass all day playing games and make some serious money.
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Balbhadra
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Posted on 08-10-07 2:58
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UnknownKT wrote : "Medical fields...nursing RN and stuff like that They are always in high demand...oh sorry I don't think RN and other medical ppl get paid that much but Doctors do...that's going to take a long time though." Who says that RN and other medical ppl get paid "that" much ? Here in California, a RN will easily make over 50 dollars per hour! That's like $ 2000 / week That's like $ 8000 / month ( at least ) That's like $ 90,000 / year ( at least ). If she were to do some overtime work ( especially during holidays, she's going to make at least $ 150,000 dollars / year. Even if she were to work for 25-30 hrs a week , she's going to end up making AT LEAST $ 50,000 per year. Now imagine a wifey making that much while a hubby owning a business or some other respectable job!!! More on the Nursing job, if someone were to pursue a nursing degree and managed to become a nurse, then s/he can EASILY find a job in states such as California. S/he will AT LEAST make $20 / hr! Again, that is like $ 800 / week , $ 3200 / month , around $ 40,000 per year! so what're you waiting for?!?! If I were a girl ( not saying that guys shouldn't be nurses too ) , then I'd pursue a nursing degree without any hesitancy. Nurses get paid a lot. If you're a brainy geek type of a person, then I'd go and pursue a degree in majors such as Engineering , Finance , Accounting , Business , Marketing or anything similar. If you aren't into any of those areas, at least make sure that you get some kinda job that is related to technical fields. Even a well trained plumber/electrician/construction worker ends up making around $25 / hour! Personally, I'm pursing a degree in Finance and Accounting and so far, I don't have a freaking clue about where I'm headed towards! By the time I graduate, I shall have earned 135 credit hours ( close to ) and I'm thinking about taking the C.P.A. Exam ( Certified Public Accountants ) and after that I'm planning to do my M.B.A. in Finance. Hope all goes well and we shall all live happily ever after! :)
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Samsara
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Posted on 08-10-07 4:31
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Pharmacy and Nursing are the places to be for new graduates...The entry level salary is enticing, as much as 100K + for pharmacists. But, on the long run, these salaries do not increase as per the wages within the Financial sector where the jump in renumeration for these fat cats in sales/IB and trading can be exponential. All Finance jobs are not the same and it depends which area of an Investment Bank you get your foot into. Besides having the grades, top tier school and numerous contact within the bank, If you wanna make the really big bucks and feel that the hours are no problem and you are ready to marry your job, then Sales/Trading and IB are perfect...If you wanna make good bucks and not go thru thes same stress as these guys, then research side is a lil better. And if you wanna live on a market dictated salary throughout your career, then Operations should be the goal. And Bedrock, stock-broker on Wall Street is a dead profession...They've all moved on to become Financial Advisors/Portfolio Managers/Financial Planners as the advent of the online trading platform killed their main source of their daily bread and butter. These cats sell everything these days from equties to fixed income instruments, mutual funds, insurance, estate planning and the whole nine yards. Competition has become fierce for the lil avaiable market left to tap into.
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JavaBeans
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Posted on 08-10-07 10:04
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Stock brokers turning into Portfolio Managers? That wouldn't happen in gizzilion years! For those aspiring to be a Finance professional and hit the big time, you can either join a 'sell-side' or a 'buy-side' firm- this could mean investment banks, hedge funds, etc. Portfolio Managers usually run the investments for large institutions, university endowments, retirement funds, etc. Getting back to the original poster's question, in my opinion these majors- engineering/IT/Business open a lot of doors. The skills you gain are not only transitional, but they prepare you for many technical and non-technical roles. That said, the most important factor in deciding a career should ALWAYS be your gut-feeling on what you are passionate about and where your interest is. If you simply make a decision based on monetary benefits you won't last very long. Really, the question is what do you want to be when you grow up? :) Perhaps you should stick to Mass Comm and aspire to be a great journalist! -JB
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Samsara
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Posted on 08-10-07 10:25
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And who may you be wise sage aka JavaBeans?? Spill some of that smartly brewed coffee unto my brains, would ya as I need it real BAD. hahaha My old boss (back during college when I interned at Smith Barney) started out as a stock broker during the crazy run during the early 80s and today, he's one of the most repected Portfolio Managers there. Forget about gazillion, happened in the last 15-20 years!! Most of the Advisiors and Portfolio Managers in major IBs all started out as brokers and morphed as the market changed. BTW, I think what you're trying to say is a Fund Manager? Is that it? coz a portfolio manager is a position that can be seen at IBs too.
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JavaBeans
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Posted on 08-10-07 10:56
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Your old boss may be an exception, but certainly isn't the norm. There are always loop holes to many exceptions, and we know many examples. But let's talk about what's possible TODAY, and not 20 years ago. A stock broker does not need any academic qualification- if one joins Smith Barney one takes exams necessary to get the license, i.e. Series 63, etc. The thrust of their work is sales, that is make commission for the firm and himself. They only know the administrative side of the investment industry, and the knowledge stops there. If they wanted to immediately move into porfolio/fund management it wouldn't be possible- they would neither have the formal qualification nor the experience. Now, let's talk about the norm (someone who can) who can make it in a reasonable well-defined time frame. Let's say someone with an undergrad degree works as an equity research analyst for a Tier 1/2 bank or a top mutual fund for 3-5 yrs. This route will give them a vey well defined career route to Portfolio Manager, as most firms require you to have had the exposure to that prerequisite position. It's also possible to get an MBA or a CFA if the work one does is other than finance to get into equity research, so that one can ultimately become a Portfolio Manager. Obviously, these are examples- and it's easier said than done, but possible. The thrust of IB's work do not involve Portfolio Managers (they tend to be 'buy-side')- the IB's are 'sell-side' firms and make most of their money selling new securities. The managers at these firms are usually manage funds geared toward high net worth individuals. Any questions? -JB
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Samsara
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Posted on 08-10-07 11:34
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yada yada yada...Read your whole old bit on the whole IB / BuySide thing but where is the reference to my question that arose from your statement: "stock brokers turning into Portfolio Managers? That wouldn't happen in gizzilion years!"??? It isn't outta the norm for someone who previously was a stock-broker to end up being a research analyst elsewhere...Nothing impossible. And for them to become portfolio managers, hell this has been proven right before me so I don't doubt it can happen again. Anyone outta a solid 4 year program, with all the right contacts can make it to being a Portfolio Manager someday (even if they did happen to be a stock broker in between). And yes, stock brokers who manage their cleints' funds are in a way emulating what these Portfolio managers at IBs do for their high net worth clients (but at a much smaller scale). Its not only Sell stocks for Stock Brokers, they manage their cleint's investments too for which a POA is so easy to get these days. For this, daily research is necessary. I don't know where you get your points from but you seriously need to get ya facts sorted out, as there is simply no logic to your statement that made me choke on myself...BTW, a fund manager is something that would be much harder for a broker though as there is much more involved than just cherry-picking the right investments and cold-calling prospective clients (I assume you confused yourself between a fund-manager and a portfolio manager?). DC Girl, My apologies for digressing from the topic
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Riten
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Posted on 08-10-07 11:59
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Najaney gau ko baato nasodhnu bhanchan... tesailey, I am not gonna poke my nose into above discussion. But since MBA is mentioned quite a bit, with JB being from IT background (not sure about Samsara), I figured I could probably get some sane answer to my dilemma from you guys. I too have substantial IT background and am thinking about doing MBA to keep myself competitive and possibly open new horizons. But I am not sure what field should I concentrate on. Should I focus on IT management, since that is what my background is on? But then, I don't know how much new stuff I will really learn in that program. Or should I focus on Finance? It is a new field for me, I have minimal knowledge on this but am interested on learning more. Furthermore, the school that I am applying to has a very strong Finance faculty. I am not into Sales and Marketing so much. What else is there? - Dazed and Confused.
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JavaBeans
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Posted on 08-10-07 12:38
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I also have finance background believe it or not- actually, that was my first job out of the university, more so since my undergrad degree was in finance. Alrite, so you have a dilemma- not uncommon though. The question is do you want to lean towards the management side of things? And are you happy doing this from an IT perspective? If the answer to both the questions is 'yes' then you probably want to stick to it and get an MBA with MOT focus (Management of Technology). But be sure that you have substantial experience (5+ years) before pursuing the degree AND don't do an MBA if you cannot get into a top 50 program- MBAs from so-and-so college are dime-a-dozen and it won't help you a bit. You need a reputed school to give you the edge that MBAs are supposed to provide. If you are wanting to change your career I'd re-assess myself as to how this bodes with your own situation, i.e. can you afford it, financially? commitment-wise? Finance has its own realm of due-diligence and practicality that one can easily get lost in the theoretical teachings of the lecture halls. What I'd suggest is that you grab a book on Investments, Financial Instruments or Corporate Finance and see how you like them. You have to have a very good reason to change your career- it does not make sense if you don't know what it entails and if you are not passionate, right? Let me know if you have any finance-specific related questions.
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thapap
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Posted on 08-10-07 12:59
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javabeans, quick question how reputed is "NYU Stern Langone Program" (O: thanks in advance
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ShaKEEn
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Posted on 08-10-07 5:02
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sahayog
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Posted on 08-10-07 5:35
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ANNUAL EARNING STATISTICS FOR REGISTERED NURSING ACCORDING TO THE US DEPARTMENT OF LABOR Registered Nurses Earning Statistics as provided by US Deparment of labor Earnings [About this section] Back to Top Median annual earnings of registered nurses were $52,330 in May 2004. The middle 50 percent earned between $43,370 and $63,360. The lowest 10 percent earned less than $37,300, and the highest 10 percent earned more than $74,760. Median annual earnings in the industries employing the largest numbers of registered nurses in May 2004 were as follows: Employment services $63,170 General medical and surgical hospitals 53,450 Home health care services 48,990 Offices of physicians 48,250 Nursing care facilities 48,220 Many employers offer flexible work schedules, child care, educational benefits, and bonuses
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sahayog
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Posted on 08-10-07 5:36
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NURSING LOOKS ATTRACTIVE ENOUGH BUT HOW ABOUT PHARMACISTS Earnings [About this section] Back to Top Median annual wage and salary earnings of pharmacists in May 2004 were $84,900. The middle 50 percent earned between $75,720 and $94,850 a year. The lowest 10 percent earned less than $61,200, and the highest 10 percent earned more than $109,850 a year. Median annual earnings in the industries employing the largest numbers of pharmacists in May 2004 were: Department stores $86,720 Grocery stores 85,680 Health and personal care stores 85,380 General medical and surgical hospitals 84,560 Other general merchandise stores 84,170
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ShaKEEn
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Posted on 08-10-07 6:30
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highest paying jobs = stress and less time with your family moderate paying jobs = satisfaction and more time with your family you choose
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Riten
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Posted on 08-10-07 9:20
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Thapap, I just happened to grab the most recent US News and World Report Graduate School issue. It ranks NYU Stern's Langone Program as the #1 in the US (probably world too) for part-time MBAs. Why, are you planning to go there? If so, when? I hope you don't mind my asking.
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Riten
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Posted on 08-10-07 9:21
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Thapap, I just happened to grab the most recent US News and World Report Graduate School issue. It ranks NYU Stern's Langone Program as the #1 in the US (probably world too) for part-time MBAs. Why, are you planning to go there? If so, when? I hope you don't mind my asking.
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