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by logicslave 2137 days ago
Its mind blowing to run the math on how many people work these positions. For instance, I know for a fact that less than 650 people at UBS make more than 500k in investment banking. Take that number, and all the biggest banks, and you have less than 10k people making more than 500k in investment banking at the big banks. This is miniscule. Yet people talk about these careers like they are viable, or even worth the time and effort. They arent, unless you are top of your class at Harvard, have connections, or are irrational.

Engineering is different in terms of the number of positions, but still, the high IC comp is pretty rare once you run the math