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- Topic: equity research
| Author | Topic: equity research |
|---|---|
| John1965 @2004-06-04 11:07:12 |
Anyone in equity research? I was wondering what typical starting pay was with a MS in Finance from an average school and no experience. |
| Vanilla @2004-06-04 11:22:53 |
Just north of $40,000. |
| Payer @2004-06-04 22:33:22 |
It can vary depending on the region of the Country (USA). I would not expect more than $38,000 to 45$,000 though.
When I got my first research job as a freshout, I was low-balled (mid 30's). There were dozens of qualified applicants to chose from. You will start off very low, but if you are very good your salary will almost double in two years and triple in 4 years. If you suck you will be fired by the end of your first month. They do not mess around! I strongly suggest getting to know someone in the industry (who has a good reputation). They will open up many doors for you that you would otherwise never see. Have fun! |
| Vanilla @2004-06-06 10:46:41 |
It might suck to begin with, but the competition is so great that they can low ball you. If you don't like it they can find 50 people with credential equal to, if not better than yours, who will.
Once you "pay your dues" your career and salary will advance rather quickly. I would easily take an analyst job starting at $40k over a Corporate job starting at $60K. Trust me! |
| BobYang @2004-06-07 19:37:15 |
That's an ideal path, but that move is very hard to make. |
| lulu @2004-06-08 02:14:43 |
Yea. Whatever it is, yours is too high. |
