Best career field to make serious money? Degree?

[Camel Jockey]

just don't do anything stupid like getting married or having children...your $$ stays in your pocket and nobody elses...work a modest job and live comfortably and happy. $50k/yr should do it

With the right wife a man could be even richer.

Not all marriages end in divorce.. If your wife has a good career and is right in the head then you could make a lot of money together.

[JOHN MATRIX]

luck and connections

thats is all

thats the only thing seperating those at the top from the millions of others no different than them who are also 'working hard'

[dov]

With the right wife a man could be even richer.

Not all marriages end in divorce.. If your wife has a good career and is right in the head then you could make a lot of money together.

Very true....hell, you could have a son who grows up to be a starting QB for the SuperBowl champs making $100 mil too....go ahead and take your chances ..never bank on someone else to make you rich

[240 is Back]

Not all marriages end in divorce..

I call bullshit.

[Brixtonbulldog]

So based on this thread how many of you think I should change my major from business admin to finance?

No, I don't have time to read every previous post.

[Camel Jockey]

So based on this thread how many of you think I should change my major from business admin to finance?

No, I don't have time to read every previous post.

Finance major = more knowledge of accounting, economics, statistics, investments and other things. You come off knowing more and actual knowledge and what will help you and what wont.

Business administration is a worthless major. Go into accounting, economics, or finance

[youandme]

porn stars make $500 per film, cash

then you can do privates $500 say you do 1-2 per day

good luck

[240 is Back]

Business administration is a worthless major. Go into accounting, economics, or finance

agree for the most part.  If you want to work with people, go business admin.  If you want to work with numbers, go with finance.  You'd bettter love some finance, tho!  I was in the equiv of finance 3 and accounting 4 by the time I finished the MBA, and I was ready to kill myself.

[bigdumbbell]

good resources, luck and connections.....the only way

[Brixtonbulldog]

agree for the most part.  If you want to work with people, go business admin.  If you want to work with numbers, go with finance.  You'd bettter love some finance, tho!  I was in the equiv of finance 3 and accounting 4 by the time I finished the MBA, and I was ready to kill myself.

Great... now I'm stumped.

[240 is Back]

Great... now I'm stumped.

Well, in most fields, you'll want the MBA eventually anyway, many employers will pay for it. 
if you have either degree, half of the classes should be pre-req'd out.

Finance will probably be your best bet.  But don't plan on getting a good job in finance for a while... honestly, it'll be 4-5 years til things correct enough for regular joes to want to buy retirement packages again.  If you want to go work for a bank, good luck... they're cutting lots of jobs and using govt bailouts just to stay alive.

All depends.  If you want to work with numbers anyway, get finance.  If you may want to own your own business, i'd HIGHLY recommend the MBA.   Classes teach you to plan, lead, organize, and control your own thing.

[Brixtonbulldog]

If you may want to own your own business, i'd HIGHLY recommend the MBA.   Classes teach you to plan, lead, organize, and control your own thing.

All I needed to hear, thanks.  My fam owns two businesses so I'm pretty sure that's where I'm headed if I can't make exec in retail.

[kh300]

So based on this thread how many of you think I should change my major from business admin to finance?

No, I don't have time to read every previous post.

i dont. what you need to change is your attitude. your not going to make it big with the mentality of taking the easy way out by saying ill just switch from this major to that. its not that easy.

the majority of jobs out there have you starting out very low. dont think you'll be rich just because you graduated or you'll fall on your ass. you need to work your way up. some people will see a ladder and climb up. others will look for an elevator.

some of the wealthiest people in the world dont even have a degree. you can get rich on a business degree, you can get rich on a criminal justice degree. you can get rich without a degree. some do, some dont. figure out why and that all you need to worry about

[Fury]

Well, in most fields, you'll want the MBA eventually anyway, many employers will pay for it. 
if you have either degree, half of the classes should be pre-req'd out.

Finance will probably be your best bet.  But don't plan on getting a good job in finance for a while... honestly, it'll be 4-5 years til things correct enough for regular joes to want to buy retirement packages again.  If you want to go work for a bank, good luck... they're cutting lots of jobs and using govt bailouts just to stay alive.

All depends.  If you want to work with numbers anyway, get finance.  If you may want to own your own business, i'd HIGHLY recommend the MBA.   Classes teach you to plan, lead, organize, and control your own thing.

Boutique i-banks and mid-tier banks are doing fine. It's the bulge bracket banks that are taking the brunt of the damage, and most of them seem to have already taken the biggest pop they're going to.

[240 is Back]

All I needed to hear, thanks.  My fam owns two businesses so I'm pretty sure that's where I'm headed if I can't make exec in retail.

When you go to school - make your focus your SKILLS.  Like, many people go to school to get the DEGREE.  If you're gonna be a lawyer or MD, sure, the professional cert is all that matter.  But if you're going to go into biz for yourself, your skillset is all that matters... Being able to see opportunities, then being able to capitalize upon them.

Also, try to decide early on what you're going to do, if you can.  And as youre sitting in class every night, think about how this particular class you're sitting in - will benefit your own business.

I knew 18 months before graduation with MBA that I wanted to be a web designer.  So, in every class, I would take ideas home to my "when I open my business" portfolio.   Every marketing piece I built in class would conveniently be used at home too.  Every logistical plan/ proj mgmt assignment would be applicable to my web design company.  I worked at the school and got copies of every piece of software, and an office full of school supplies.  

I officially opened in january 2006, and I had a fully stocked office, software, marketing, acct plan, ad materials, lots of contacts, etc... just knowing ahead of time, I was able to use school to help me be ready.

[240 is Back]

Boutique i-banks and mid-tier banks are doing fine. It's the bulge bracket banks that are taking the brunt of the damage, and most of them seem to have already taken the biggest pop they're going to.

Best case scenario, you're right.
middle case scenario, the ripple effect will continue down to smaller banks as the housing market becomes more depressed in 2009.  Which it has to.  You can't have 2 poor people living on every block in america without land values falling, causing more repo'd house... more bank strain, yada yada.

I hope you're right.  I believe, however, that most college kids should take a hard look at banking/finance.  if the BEST case scenario is that they're enting a field that *hopefully* won't start failling, well...

[Fury]

Best case scenario, you're right.
middle case scenario, the ripple effect will continue down to smaller banks as the housing market becomes more depressed in 2009.  Which it has to.  You can't have 2 poor people living on every block in america without land values falling, causing more repo'd house... more bank strain, yada yada.

I hope you're right.  I believe, however, that most college kids should take a hard look at banking/finance.  if the BEST case scenario is that they're enting a field that *hopefully* won't start failling, well...

Well, Merrill Lynch just shored up a couple billion dollars worth of their problems, while managing to do it as cheaply as possible. What Citigroup and UBS do next will tell a lot more. Still somewhat early, though.

http://www.economist.com/finance/displaystory.cfm?story_id=11848898

[Brixtonbulldog]

i dont. what you need to change is your attitude. your not going to make it big with the mentality of taking the easy way out by saying ill just switch from this major to that. its not that easy.

the majority of jobs out there have you starting out very low. dont think you'll be rich just because you graduated or you'll fall on your ass. you need to work your way up. some people will see a ladder and climb up. others will look for an elevator.

some of the wealthiest people in the world dont even have a degree. you can get rich on a business degree, you can get rich on a criminal justice degree. you can get rich without a degree. some do, some dont. figure out why and that all you need to worry about

No, switching my major to finance was something I had been thinking of for a while.  I actually have a good amount of experience in several fields (comp networking, retail and various management, loss prevention and investigations, mil background, etc.) but like you said, a degree may or may not get me what I want.  That's why I wasn't hinging everything on one or the other degrees I am looking at pursuing.  In other words, I have a good idea of what I want to do and how I want to get there and the degree being either one of the two I'm considering isn't of such importance that I can't change if it turns out to be a slightly better choice for one reason or another.

[240 is Back]

Well, Merrill Lynch just shored up a couple billion dollars worth of their problems, while managing to do it as cheaply as possible. What Citigroup and UBS do next will tell a lot more. Still somewhat early, though.

http://www.economist.com/finance/displaystory.cfm?story_id=11848898

I'm sure hoping everything is okay.

Russia is shooting missiles into a big chunk of world's oil supply.  If the US/Rus have beef, gas becomes $7 a gallon, which causes that ripple... people lose jobs, more foreclosures, more banks...

Time is SO hard to get back.  I just want him to know that the world is very unstable at the moment, and that it's a risky field that can be cut up quickly should shit get wild in the world.

I was hired by Prudential upon graduation with my BA degree, after teaching 1 year.  I didn't plan on going back to teaching.  Entering their training program in 2000/1 at 29k a year... I was so excited.

Then, the dot-com crash came, and the whole group of us was just paused indefinitely.  I went back to school for computers obviously... I didn't have any finance skills, but they were gonna hire me anyway because I scored so well on their math and logic testing.  Then, it all just ended and I was on my own.

[Fury]

I'm sure hoping everything is okay.

Russia is shooting missiles into a big chunk of world's oil supply.  If the US/Rus have beef, gas becomes $7 a gallon, which causes that ripple... people lose jobs, more foreclosures, more banks...

Time is SO hard to get back.  I just want him to know that the world is very unstable at the moment, and that it's a risky field that can be cut up quickly should shit get wild in the world.

I was hired by Prudential upon graduation with my BA degree, after teaching 1 year.  I didn't plan on going back to teaching.  Entering their training program in 2000/1 at 29k a year... I was so excited.

Then, the dot-com crash came, and the whole group of us was just paused indefinitely.  I went back to school for computers obviously... I didn't have any finance skills, but they were gonna hire me anyway because I scored so well on their math and logic testing.  Then, it all just ended and I was on my own.

True. It's a field with one of the highest turnover rates regardless of anything else.