Forbes: Top 25 paying jobs in America

Dermot81

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Please explain to me why there are virtually no finance-related jobs in the top 25 paying jobs in America?

http://www.forbes.com/2007/06/04/jobs-careers-compensation-lead-careers-cx_pm_0604bestjobs_slide_2.html?thisSpeed=15000

Doctors comprise the vast majority of this list, as they break the field of medicine down into every sub-specialty. If they can do that for medicine, why not for a field such as banking?

I find it very hard to believe that ibankers can't crack the top 25, when entry-level analysts make 100+ and associates start at close to double that. Even in research, sell-side associates start at 100+.

Additionally, shouldn't they look at like-aged professionals in various fields to level the playing field? Before doctors specialize, they make peanuts as they complete their residency. In other words, when they calculate the average salary of anesthesiologists, surgeons, ob gyns, etc, everyone is at least 30+ and out of grad school. Comparatively, salaries in other fields include data points from entry-level salaries of recent college grads. A 30-year old ibanker or research analyst clearly would not make the same as a 23-year old analyst or research associate.



Edited 1 time(s). Last edit at Sunday, June 24, 2007 at 05:54PM by Dermot81.
 
it's actually a good thing that no finance jobs made the list. why let even more people know about how much gazaillions we make in a year?
 
Worse still they earn gazillions AND have relative job security, I mean have you ever met an unemployed doctor?!?!? We earn less, and yet come the next downturn one-in-three of us will be out on our ear... no fair! boo hoo!


On the other hand, its a qualification that requires six years of cutting open dead people... urgh... makes CFA not look too bad.
 
I also noticed that Petroleum Engineering is on that list. I'm at a point where I have a B.Sc. (Geology), MBA, CFA L2 and feel am at crossroads in either breaking into the investment industry or go for a Msc. Eng (Peto) and using my finance skills as an additional asset.

What do you guys think?

BTW, I'm teaching BBA and MBA at the moment going through CFA.



Edited 1 time(s). Last edit at Monday, June 25, 2007 at 08:15AM by UAECFA.
 
is it me or do you not hate those darn internet slideshows? Cut the BS and just let me see the top 25 !

Forbes website is terrible
 
From what I hear, there is a tremendous amount of demand for petroleum engineers. I work in energy sell-side research, mostly small caps. Management teams are always telling us that their main bottleneck is finding good engineers. Starting salary is def. above 100k, but not sure what the growth trajectory is like after that.

UAECFA Wrote:
-------------------------------------------------------
> I also noticed that Petroleum Engineering is on
> that list. I'm at a point where I have a B.Sc.
> (Geology), MBA, CFA L2 and feel am at crossroads
> in either breaking into the investment industry or
> go for a Msc. Eng (Peto) and using my finance
> skills as an additional asset.
>
> What do you guys think?
>
> BTW, I'm teaching BBA and MBA at the moment going
> through CFA.
 
That list is terrible. In a top 25 list, it would be nice to not have dentist and 5 subparts to dentistry listed. In a top 25 list, it's like saying waitress and host.
 
kkent Wrote:
-------------------------------------------------------
> That list is terrible. In a top 25 list, it would
> be nice to not have dentist and 5 subparts to
> dentistry listed. In a top 25 list, it's like
> saying waitress and host.

I know, that's what I said. It's so biased. I could just as easily split banking or research into 20 different hand-picked sub groups and make it appear like finance is the only high-paying field in America.
 
Yeah, I love how there is no sub grouping of chief executives. Like there is any similarity between the job functions (and pay scale) of a Fortune 500 CEO and a guy who runs a small business.
 
at the highest level, I don't know of many fields in which there is more money in it than finance. I mean, Sport or the Arts even, the avg pro leauge athlete or major actor/ress doesn't make much more on average than an IBanker or CEO on average. Similarly with medicene/dentistry

yes, there are a few tom cruises, a-rod's etc who make tonnes. But finance has it's Buffets, Soros', Schwarzman's etc. who make 10 times more still
 
CFA_Halifax Wrote:
-------------------------------------------------------
> at the highest level, I don't know of many fields
> in which there is more money in it than finance. I
> mean, Sport or the Arts even, the avg pro leauge
> athlete or major actor/ress doesn't make much more
> on average than an IBanker or CEO on average.
> Similarly with medicene/dentistry
>
> yes, there are a few tom cruises, a-rod's etc who
> make tonnes. But finance has it's Buffets, Soros',
> Schwarzman's etc. who make 10 times more still


Remember though, guys like Soros and Buffet are even more rare than the Tom Cruises and A-Rods. To make THAT much money your chances are probably much better in Hollywood then they are on Wall Street.
 
true. but there is also a larger percentage of six-digiters on Wall Street than in Hollywood and less people making next to nothing as we know many do in Hollywood. The population has less outliers you could say.
 
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