用戶登入
用戶名稱:
密      碼:
搜索
教育王國 討論區 教育講場 讀神科,入iBank
查看: 5570|回覆: 62
go

讀神科,入iBank [複製鏈接]

Rank: 5Rank: 5


1486
1#
發表於 14-3-22 23:59 |只看該作者 |正序瀏覽 |打印
其實iBank 對世界有什麼貢獻?
真心請教


   3    0    0    0


4531
63#
發表於 14-4-3 00:50 |只看該作者
提示: 作者被禁止或刪除 內容自動屏蔽


17374
62#
發表於 14-4-2 22:28 |只看該作者
提示: 作者被禁止或刪除 內容自動屏蔽

Rank: 11Rank: 11Rank: 11Rank: 11


43230
61#
發表於 14-3-27 12:15 |只看該作者
回覆 honeybunny7 的帖子

I envy u and i agree w u actually.  if u dont have dreams, u might as well be dead, right
Whatever my kid wants to do, i will be supportive.  But obviously after i have talked w them to make sure they understand what they r getting themselves into and most importantly, if they would make enough to buy me a Ferrari :).

點評

honeybunny7   Ferrari...  發表於 14-3-27 12:35

Rank: 5Rank: 5


1078
60#
發表於 14-3-27 11:40 |只看該作者
本帖最後由 honeybunny7 於 14-3-27 11:53 編輯

回覆 MrBeast 的帖子

And also, not saying that it's impossible, it is indeed very hard to "accumulate wealth and then switch to something more interesting".  I would not give this piece of advice to my kids because it's most likely a lie.
Say banking, your total comp during the first few years, however unbelievable for a person of this young age, wouldn't be enough for you to accumulate "wealth".  You would have to work till you are at least 30 then you'd start seeing "wealth" in your bank account or at least 2 real estate holdings (if you're really good).  But by then you'd be so specialized that it's really hard to switch to anything interesting if you're talking about marketing, fashion, etc., unless you are willing to start from zero again.  At the most, if you're in Research or Corp Fin you can switch to do Business Development, CFO, buy side.  I don't know if there's a natural switch for Equity and Derivs Sales.  For trading you may just retire and day trade for fun, or set up your own shop.

Say law, I don't know much about this career path but I suppose you only make big bucks when you have made a name for yourself, and that would be when you're in your 40s/50s (correct me if I'm wrong)?  If that's the case, then yea...   

While it is absolutely possible to switch your career after banking and law, but then the choices would be much much limited if your pre-requisite for switching is to have accumulated "wealth".  What could happen is you work a few years in these high-stress professions and do exceptionally well and also save all money, so you can accumulate enough seed money (not wealth) to then start your own business.


11592
59#
發表於 14-3-27 11:34 |只看該作者
提示: 作者被禁止或刪除 內容自動屏蔽
簽名被屏蔽

Rank: 5Rank: 5


1078
58#
發表於 14-3-27 11:19 |只看該作者
回覆 MrBeast 的帖子

I am fortunate enough to have "brushed shoulders" with banking and immediately "saved" myself and switched to a job that I truly enjoy doing (for the moment).  And I have been fortunate enough to have met many other people who also love what they do, and many of them were my mentors.  In fact, these people are so passionate about their work that when they talk about it, you can see the sparkles in their eyes, and you almost feel compelled to learn more about or even try out their jobs because they are so passionate that it's infectious.
In contrast, you look at those government officials on TV, and what do you see?  They all seemed annoyed, uncomfortable, discouraged, or even defeated.   

You are right in saying that there are many people who don't enjoy their work, or even dislike or hate their work.  But I believe some of them endure such "suffering" by choice, instead of due to limiting circumstances such as the financial burden of sick family members.  Therefore, as parents, would you wish that upon your child?  Or would you rather encourage your child to follow his/her dream, and to pursue his/her own happiness?

Rank: 3Rank: 3


359
57#
發表於 14-3-26 22:38 |只看該作者

回覆:honeybunny7 的帖子

That's perhaps why we seldom see any bankers work for 30+ years.  By late 40s, you are either forced to retire, got sick of the whole game and retire or change to a totally different professions.  Yet I have to admit if I have to work like a dog but earning less, I would rather suffer from great deal of stress and earn more.



點評

honeybunny7  Yea a couple of my hubby's co-workers recently retired at 40-43 yr old. It's also a good time to start your own business!  發表於 14-3-27 10:39

Rank: 5Rank: 5


1703
56#
發表於 14-3-26 20:29 |只看該作者

引用:回覆+MrBeast+的帖子 情況是這樣的,人們

原帖由 tcmsung 於 14-03-26 發表
回覆 MrBeast 的帖子
Very well said. Agree!




11592
55#
發表於 14-3-26 19:17 |只看該作者
提示: 作者被禁止或刪除 內容自動屏蔽
簽名被屏蔽

Rank: 11Rank: 11Rank: 11Rank: 11


43230
54#
發表於 14-3-26 18:29 |只看該作者
tcmsung 發表於 14-3-26 15:03
Well said.    Better to advise your child to choose a career with high interest than with high yiel ...
I have become cynical as i age.  How many people r fortunate enough to enjoy what they do for a living?  Or even if one can get into a field ones interested in, there is no guarantee that the people around r enjoyable to work with.  So wouldnt it be better to work in a dynamic industry thats well paid, build up the wealth then move on to do something more interesting?

Rank: 5Rank: 5


1915
53#
發表於 14-3-26 17:55 |只看該作者
... the title got me thinking about how s'one with a divinity degree (perhaps graduate of Stephen SL Lam's program) would fare in an ibank, anyway ...
It's a pity that ibankers don't want their children in the industry.  Is the grass always greener over the other side?  I know a fair number of doctors; they generally don't want their children in their field either.
It's really hard for teenagers to know what they want to be for the rest of their lives.  Sure there are career talks in high schools or company visits, but the subject matter of many of the professions  nowadays (example, ibanking) is so specialized, and the environment is so complex, I really don't know if a teenager can be expected to understand enough to make a life decision.   Isn't it to some degree a leap of faith?
Parents' preferences play a major role, through explicitly expressing their wishes, subtly cultivating their interest,  helping them connect with aunties / uncles in the industry or otherwise creating exposure for them.  
But, parents' advice is most accurate when the subject matter is their own profession.  Beside technical knowledge, a kid needs to have the right soft skills, mentors to pass down the tricks of the trade (pardon my cliche), and connections as mentioned above to succeed beyond the first few years.   Parents in the industry are in the best position to assess their kids' suitability, and kids have a natural advantage if they're suited to follow their parents' footsteps.   Unless there is good reason, why throw it away?   
United we stand, divided we fall.


11592
52#
發表於 14-3-26 15:03 |只看該作者
提示: 作者被禁止或刪除 內容自動屏蔽
簽名被屏蔽

Rank: 14Rank: 14Rank: 14Rank: 14


118599
51#
發表於 14-3-26 14:34 |只看該作者

回覆:honeybunny7 的帖子

Fair comment.



God grant me the serenity
to accept the things I cannot change;
courage to change the things I can;
and wisdom to know the difference.

Rank: 5Rank: 5


1078
50#
發表於 14-3-26 14:34 |只看該作者
本帖最後由 honeybunny7 於 14-3-26 15:03 編輯

回覆 ha8mo 的帖子

Well many professions are stressful, particularly when you are just the junior of course you'd be so enslaved.  Think auditing, medicine, consulting, civil engineering, I.T, law...  all these professions have crazy hours.  Well auditing is probably the worst because the base pay is so so so low in comparison to other jobs that require that amount of hours, and the work is so so so tedious and mundane as well.
I guess if a person does not truly love the work, then that person wouldn't see the value-add or purpose of his/her job, and everyday would feel like a challenge or even hell.  Can any amount of monetary compensation make one go through 30+ years of sufferings (hating your job! seriously!)?  I don't know...         

點評

Jackieson    發表於 14-3-27 13:58

Rank: 5Rank: 5


1078
49#
發表於 14-3-26 14:26 |只看該作者
Not to argue or anything, just to offer a different point of view on whether or not banking adds / creates value. I believe the answer is yes. Take IPO as an example. The banking functions involved in IPO include at least Corp Fin, ECM and Research. Through IPO a private company can raise significant amount of capital to invest in future projects / expansions that could be otherwise impossible to achieve with its own P/L and private funding. Hence the process of IPO contributes partly to the additional value created down the road by this company, and the banking functions that made this happen got a cut of the pie. However, how much do they deserve is debatable.

Other functions such as traders and derivatives sales all create value if you look at the fundamentals of what they do, but then nowadays people focus too much on only the few "bad crops" and use that impression to define the entire industry...

Rank: 9Rank: 9Rank: 9


21778
48#
發表於 14-3-26 13:06 |只看該作者
回覆 siubotze 的帖子

I am not sure I know a single ibanker who would want their children to go back into the industry.  And I know a lot of ibankers ...
今日佳句: 我以往也以為國際板的家長也有質素,但現在才知deal with 一些麻煩家長也不易!  

Rank: 9Rank: 9Rank: 9


21778
47#
發表於 14-3-26 13:05 |只看該作者
回覆 shadeslayer 的帖子

Senior management of MNCs are paid similar amounts as ibank MDs these days.   But it takes 15-25 yrs to make senior management of a MNC but 9-12 yrs to make MD.
今日佳句: 我以往也以為國際板的家長也有質素,但現在才知deal with 一些麻煩家長也不易!  


17374
46#
發表於 14-3-26 10:08 |只看該作者
提示: 作者被禁止或刪除 內容自動屏蔽

Rank: 11Rank: 11Rank: 11Rank: 11


32340
45#
發表於 14-3-25 23:02 |只看該作者
I am of the opinion that many of the > $1.xM a year jobs in the commercial sector are equally demanding, high pressure round the clock, might as well get paid a bit more in ibanks or other higher pay industries.

點評

honeybunny7  Not really title inflation, but more difficult business environment including tighter regulations.  Before 2007, even a VP in Corp Fin can receive multi-million USD total comp if top performer.  發表於 14-3-26 12:58
MrBeast  Title inflation in recent years  發表於 14-3-26 10:15
honeybunny7  Multiple million USD a year?  Partner maybe, but MD definitely not  發表於 14-3-26 09:45
MrBeast  Multiple mil usd a yr for the md / partner level.  發表於 14-3-26 08:18
The more bizzare a thing is, the less mysterious it proves to be.
‹ 上一主題|下一主題
返回列表
發新帖