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MathsOX

108 karma · joined December 26, 2014

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MathsOX··on Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009)
Warren Buffett, one of the few with the liquidity to invest at that time, did just that.
MathsOX··on Internships Abroad: Unpaid, with a $10,000 Price Tag
Not an irrational concern, although I'd say banks are still sussing out regulatory limits and workarounds. I'd be fine working at GS for many years into the future and see folks with similar backgrounds who have done that.

For me, it's less about money and more about the institutional leverage implicit in bulge bracket firms. I'm content when I can think about big, creative problems and if that translates into less money for me personally that's alright. A large problem, in my opinion, with S&T desks is the relatively recent adoption of the IBD mentality of moving up the invisible hierarchy by working at x for two years, y for one year, getting z graduate degree, etc.

MathsOX··on Internships Abroad: Unpaid, with a $10,000 Price Tag
S&T. I'm a pure maths student, not CS or finance, which is where an increasing number of the S&T pool is being drawn from.
MathsOX··on Internships Abroad: Unpaid, with a $10,000 Price Tag
Thanks very much! Yes, I'm at one of the bulge brackets. I'm a pure maths student, not CS or finance, so the whole interview process has been really interesting.
MathsOX··on Internships Abroad: Unpaid, with a $10,000 Price Tag
If you're referring to investment banks, they pay roughly around what the upper ends of SV pays. I just signed a summer analyst internship that's prorated at 90k. I didn't hear of any firms that have structured summer analyst programs, with active campus recruitment, paying any less than 70k prorated to the term of the internship.
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