>>14423423I don't think they are retarded. It is just that different people have different priorities. However, every year that passes makes the 'retardation' explanation stronger because academia just keeps getting worse and worse. Too many people competing for too little money.
>>14423924This is true and also not true at all. Sure, if you come from an Ivy then you'll have your pick of Jane Street, Citadel, or any other fund you want. But you don't need to reach this level right out of university to get a well paid finance job.
I unironically graduated from a university ranked >3000 globally and yet I have a comfy finance job in a global corporation worth over $10B+. I get paid 6 figures, my title is 'Senior Financial Analyst' and while I don't trade stocks, I do make (and help others make) financial decisions for the company.
Beyond that, the experience I am building encompasses finance, strategy and coding. It's solid enough that I am already building myself up for my next career move as a portfolio analyst. I estimate that by the time I'm 25 I will be in a fund, and by the time I'm 30 I should be in a top tier fund. It's all about building myself up. So don't beat yourself up just because you don't qualify for the top finance spots. Banks, companies and funds in general NEED smart people in their finance function. My job is not this, but actually all big companies have 'Treasury' roles within finance that actually execute trades on the markets for profit and these positions are much easier to get into than a portfolio manager at Jane Street. But it's all the same math, and extremely good pay too. Not only that but it is really normal to make the jump from Treasury Analyst to Portfolio Analyst because they are literally the same skills. The only difference being that the 'treasury' people actually account for a tiny piece of the profit (<1%) of a company like Walmart vs being 100% of the profit of a fund like Citadel.
