Which Are The Most Well Paid Jobs?

Rare jobs: entreprenuer; actor; music star.

Regular jobs: hedge fund; investment banker; barrister; private surgeon; management consultant.

Management consultancy isn't that brilliantly paid. My brother left business school at the same time as his flatmate (obviously) and in the first year earnt $100k more than his flatmate as an investment banker rather than management consultant.

Management consultancy isn't that brilliantly paid. My brother left business school at the same time as his flatmate (obviously) and in the first year earnt $100k more than his flatmate as an investment banker rather than management consultant.

That all depends on what type of property you want to get into. Say you buy a house in a student area, you're bound to make money if theres the demand for them (ie. not a load of student accomodation shooting up), but more than likely it'll be a big winner.

Say for example you buy a house, do it up in an area that isn't so desirable its slightly pointless. But in the next 10 or 20 years the area might be redeveloped into somewhere that people actually want to live.

He means that it was an empty, meaningless statement. Because you said *any* job will make you money if you work hard enough - this isn't true of someone at mcdonalds.

Well if you climbed your way up the ladder to management then you would.

Depends where you are. Management consultants can earn a fortune, and even recent grads can be on £40-50k. Plus full pay while doing an MBA, and onto shed loads afterwards. Not quite banking, but as close as you'll get with another salaried profession.

No, but consulting is much harder to get into.

By the way fuglyduckling, how could you rate hedge fund trader as being a "regular" job? A lot of them are worth 9 figures, some even in the billions.

They both had studied for MBAs, banking in New York and management consultancy in London. The salaries in management consultancy are higher than many careers, like an engineering career, for example, and there are serious perks but the salary really can't stand in a bracket with hedge fund managers.

No, but consulting is much harder to get into.

By the way fuglyduckling, how could you rate hedge fund trader as being a "regular" job? A lot of them are worth 9 figures, some even in the billions.

Well, not regular per se ... but different to being a sports star or actor.

Really? how come.

Because a similar number of people who apply to banks apply to management consultancies yet the consultancies have MUCH less openings and take on less people.

Not at all, I'd rather be earning 30k in a job I love than 100k in a job I hate.

Depends what types of MCs and areas of IB you're on about. Competition for the top MCs (McKinsey, Bain, BCG) and front-office of top ~7 IBs should be roughly on par.

Well if ur after money, study law, become a lawyer/solicitor for a few years (good pay anyway), then apply to be a solicitor on the queens bench (QB), as they earn at LEAST £200,000 per year......some even get £500,000. lol u have to be good though.

I agree with narb and trousers. My brother earns 50K basis and gets up to 150k bonuses, but he has to work from 7 in the morning until 10.30 - 11 at night. He loves the job, and says he'll give it up in a few years when he burns out, but I don't know if I could put up with that... You only have a short life, why spend it obsessing over money and working yourself into the ground?

Although I don't quite have his luxury of choice with jobs (us ex-poly grads aren't afforded quite as much of a selection ) I'd still prefer to be comfortable and happy.

There's a lot of high paid jobs out there. Tere is the traditional route - doctor, lawyer, investment banker - and there's a generation of new jobs that all bring high wages. You need to find what you're good at and work round that idea to do the best you can in it.