Your degree and your career aspirations - how do they match up?

Yeah, cuz everyone working in the UK is going to save kids from cancer..

What they do is provide a service, they help allocate capital to the organisations (gov, corporations, non-profits etc) that need it. They also act as intermediaries, advising on how best to buy or sell other entities. Traders/salespeople provide liquidity to the market - for example your pension, which is invested into the public markets by pension funds, would be at risk from said funds being unable to come in or exit transactions as easily in the public markets. Leaving significant risk exposure to price movements, a.k.a you losing a chunk of your pension.

A lot of this stuff is pretty damn large scale, and without it, the glue that smoothens out how capital is allocated would disappear leaving chaos behind. People don't understand this yet pass it off as 'evil' because that's the easier route to take.

No one would survive in the city if they're only motivation was 'money'. The money is the side effect of the career, not the reason for sticking through it for so long.

All I read was "concepts totally removed from workers humanity", "I think the things these workers are doing are massively important even though it's just stuff we've made up which wouldn't mean a thing if we were hit with a nuclear bomb tomorrow. Who would you want whilst the world was burning? A really ''important'' banker or a medically trained individual?

Banking is devoid of humanity, nature, compassion etc and it would have zero meaning if we stripped it of it's meaning whereas other professions have inherent meaning...but yeah, banking is really important to make the earth spin on it's axis. I'd say the same thing about working in Tesco. It's all the same to me.

Take it all away - what matters? What would need to be done and be worth doing regardless of monetary systems? Helping people, helping animals, helping the environment...or banking? Being a nurse or carer, protecting endangered animals, replanting forests etc is important - not playing around with numbers which mean nothing without the meaning we've placed on them.

I haven't said banking is evil I've just said people do it for the money - I'm not wrong. People don't think ''I want to be a banker in London'' in order to make a difference to the world - they do it for money.

This is partly why I think IBs are completely useless. Probably cheaper to have an integrated analyst department in your business/gov.

It would make sense for a small business to outsource this department to an IB, but not large corporations that do business with IBs.

Maybe I'm missing something, or it's in the interests of many to keep this layer of inefficiency alive.

Degree: : Chemical engineering
Jobs/Careers of Interest: Lots. Offshore engineering or oil finance type stuff if oil prices come out of the shitter. Otherwise, finance/banking/ professional dota 2/football player/teacher/truck driver/stripper/ Game of Thrones actor(only if they offer me the role of headless zombie ned stark)/modern artist/househusband/dictator
Graduate Salary Expected:
Banking - 50k+
Offshore engineering - 45k+
Other finance/engineering jobs - 25-35k
Dota 2 player/footballer/modern artist - 1mil+
teacher - 22k
truck driver - no clue for a truck driver but it cant be bad cus this guy I know who drives trucks buys Ben and Jerry's so he must be rich
stripper - everyone knows strippers make bank
GoT actor - wont have any lines as a zombie so probably very little
househusband - might buy and sell stuff on ebay so like 1k max
dictator- depends on size of my future country

Someone has a lot of interests..

Posted from TSR Mobile

Because then you'd realise most bankers are pretty normal people, not 'robots' as you so aptly put it.

Are you one of those news hipsters who's convinced all mainstream media is conspiracy?

Posted from TSR Mobile

I've worked in IB and "money obsessed robots" covers nearly all of them pretty well.

As for the bits about interesting work with intelligent co-workers: forget it. The work is incredibly dull and the co-workers nowhere near as smart as they think they are.

Not the first time I've heard this sentiment, but imo, most bankers I know are normal human beings..

'Everybody else?'. Not all of us are doing jobs purely for the salary - some of us chose vocations that make a difference to peoples lives.

According to someone who has been networking since the age of 15...

Degree: : Chemical engineering
Jobs/Careers of Interest: Lots. Offshore engineering or oil finance type stuff if oil prices come out of the shitter. Otherwise, finance/banking/ professional dota 2/football player/teacher/truck driver/stripper/ Game of Thrones actor(only if they offer me the role of headless zombie ned stark)/modern artist/househusband/dictator
Graduate Salary Expected:
Banking - 50k+
Offshore engineering - 45k+
Other finance/engineering jobs - 25-35k
Dota 2 player/footballer/modern artist - 1mil+
teacher - 22k
truck driver - no clue for a truck driver but it cant be bad cus this guy I know who drives trucks buys Ben and Jerry's so he must be rich
stripper - everyone knows strippers make bank
GoT actor - wont have any lines as a zombie so probably very little
househusband - might buy and sell stuff on ebay so like 1k max
dictator- depends on size of my future country

yawn

Earning to give, especially in high paying careers like banking, results more readily in a bigger social impact than a doctor can achieve. By donating a small proportion of their earnings, they can save more lives too. 'Bankers are evil' is trite. Search effective altruism.

Here's a nobel laureate arguing that a career in finance makes more of a difference than one as a google engineer:
[video="youtube;O6ecPxD_tV0"]https://www.youtube.com/watch?v=O6ecPxD_tV0[/video]

What's your MMR bro?

You don't get it do you? You can't buy morals.

Posted from TSR Mobile

2k/3.5k depending on account but I would be 9k if my team didnt hold me back.

yawn

Earning to give, especially in high paying careers like banking, results more readily in a bigger social impact than a doctor can achieve. By donating a small proportion of their earnings, they can save more lives too. 'Bankers are evil' is trite. Search effective altruism.

Here's a nobel laureate arguing that a career in finance makes more of a difference than one as a google engineer:
[video="youtube;O6ecPxD_tV0"]https://www.youtube.com/watch?v=O6ecPxD_tV0[/video]

All those things in banking that are so moral like gaming the regulators (who don't appear to even make a genuine effort to ensure the rules are followed), or applying political pressure to get a 100 billion Euro bailout of toxic assets (the bank I worked for was essentially bankrupt without this according to a speech given by one of the senior executives). The more time you spend in this industry the more you realise the financial system is basically rigged in favour of the top 0.01% of the population.

I started off with the attitude that it was providing capital to efficiently and effectively oil the wheels of trade but my views changed over time actually working in the industry. It does provide capital but only so long as a certain tiny minority get to take their large slice of the pie first. And I think the industry itself has changed over the last 10-20 years.

Here's the thing. Your argument is essentially: If you're not part of the solution, you're part of the problem.

But we know that no matter what I do the banking field is not going away. We know that there are 20 applicants willing to kill for a position who don't give a ****. So my presence there or not doesn't make a difference. It's going to happen.

I can take a stand on principle. But what for? It's meaningless. What I can also do, though, is use that cash that would be in an *******'s pocket and use it well.. to donate. To give to the right places. If I'm better suited to making money than by doing good directly then why shouldn't I? I'm not *adding* to the problem. It's one that would exist either way... so me being there and donating leads to a net positive effect. Surely you see the logic is there.