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

I'm really interested in seeing whether TSR users are actually in touch with what opportunities there are career wise for their degrees and whether they have accurate expectations of entry level pay. My experience on here has been that people assume that say, any STEM degree will lead to 'high pay' but they never really qualify this statement nor do they express which jobs they are talking about.

So without further ado:

Degree:
Jobs/Careers of Interest:
Graduate Salary Expected:

I feel like the sole purpose of this thread is so that you can argue with others and tell them why they're wrong.

Nah mate you're totally wrong

I feel like the sole purpose of this thread is so that you can argue with others and tell them why they're wrong.

Really? My school has never hired a teach first graduate. Most teachers don't do teach first anyway - pgce is the most common option. But I think some of the more difficult, struggling schools would definitely prefer teach first since the teachers that do that training are more experienced with dealing with difficult students. Most schools don't really mind.

Unrealistic in the sense that it'll be so competitive that it's likely you won't get the salary from the specific advertised job. Not sure what you're failing to grasp here.

Although you know this info already, allow my procrastination to begin

Degree: Economics
Jobs/Careers of Interest: Investment Banking
Graduate Salary Expected: Sign on: £5,000, Base: £50,000, Annual bonus: £5,000 bringing overall expectation to £60,000

Also, last week I met the head of HR at the bank I'm doing my internship in this summer and they said there's a solid chance of me getting a job offer after providing I perform well which would be conditioned to a 2:1 and consists of the following: £2,000 sign on, £38,000 base and an annual bonus (I wasn't told how much to expect). I expect it will be similar to the sign on bonus so total compensation to be around £42,000. However, I want to aim higher

£5k bonus? Is that stub year or?

Can't seem to find any intel on bonuses where you'll be interning. Btw, have you been placed in a group yet?


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stub, the first 6 months e.g. analyst 0 (if that is how it works?) or whatever they refer it to, probably expecting over £10,000 as a yearly bonus after that as an analyst 1, should have made that clear!

I just did some digging and found out the bonus plan is 4% of your annual salary, so roughly £1,500 for the place I am interning at

Not yet bro, hoping I get my desired choice. Haven't even been told which office location I am in. Should find out by the end of the month! Hoping for London but knowing my luck they'll ship me off to the Zimbabwe office or something

Ahh, yeah, for stub that sounds pretty reasonable. Been seeing some pretty mental numbers at US BBs/EBs but more average numbers at the European BBs/tier 2 shops for full-year An1, but overall I think bonuses are bouncing back.

How come it's so specific? The 4% that is.

LOOOOOL Zimbabwe.. Tbf, you could be a millionaire in Zimbabwe with just your internship money ahahaha. Fair game though, tell me when you find out.

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Jheeze, kinda expected in a way - US banks without fail, have constantly been outperforming all the others if I am not mistaken. I assume those mental figures still apply if you work in an EMEA office e.g. London of a US bank and it's not just above norm figures for the US region?

No clue mate, just went through their website and it says something along the lines of all our employees will be entered into our annual bonus plan which is 4% of your annual salary

Hahahahahah true! Will do bro

Yeah, they are quite rare. Option is still open though and I've seen a few pop up here and there so it's all good experience to try and get involved with any business-responsibility.

I'm planning on trying to get as much experience as possible before even trying to start one from scratch. I've planned it out for a bit now and I have a general direction of how I'm gonna go about doing things.

b.

And for me rejecting this job would mean having my mum literally disown me which honestly I just don't want

You have absolutely no idea how likely it is that any particular individual will succeed in what they're aiming for. In individual cases, it may be very likely indeed, however many applicants they are competing with.

The amount of people who come to threads like this just to **** on other people's ambitions, especially where they do so with absolutely no information on the applicant and little idea about the roles in question, is depressingly large. I assume that much of this sort of posting is motivated by bitterness.