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/biz/ - Business & Finance


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68073 No.68073[DELETED]  [Reply] [Original]

I have accepted a job as a Customer Service Rep at a financial firm ($32k). I graduated last year from a state school (top 100 but meh) with a liberal arts degree (Economics, BA). I did not take my education seriously and thus, I am paying the price. I have since worked as an administrative assistant at a small business. I have done goofed.

My friend says to just hold my current position (pays $30k) and keep looking until I get at least a job offer of $45-50k. He is in a similar position but instead works as a glorified data entry person under the title "Processing Analyst" in a tax firm. He thinks I'm underselling myself which is true and his rational is there are always stupid people that are grossly overpaid - when I bring up the point that employers have so much leverage and people with higher qualifications are competing with us.

My goal is to work as an analyst, preferably in an investment bank. However, I just perceive working customer service rep in an investment firm (not bank) to be closer to my goals than my current (will be sponsored for securities licenses).

In short, he is making me regret my decision. Should I retract the offer and grunt it out at my current place (with no future) whilst applying for better positions?

What can I do to effectively network into the industries where I want to work in? Are there books, materials, courses, licenses/degrees/certifications I should shoot for?

Thank you

>> No.68100

>>68073
Oh thats not too bad starting.

Just use this to go the extra mile while keeping your eyes open for other offers.

>> No.68170

It's not too bad but I just don't know. The thoughts and opinions of my friend are sinking in my head. He said I am wasting too much (potential) human capital by taking this job on. Then again, his job search has been so-so with some interviews piling up now (KPMG, Plymouth Rock Assurance, Management Solutions). Not sure if I should have named them - but he doesn't feel great about them.

I know there is potential career growth.

My dream would be a money manager but I honestly don't even know what qualifications and how much analytic experience is required. I know analyst positions are hard to 'jump' into unless you started at them - given if you have great math and quant skills.

>> No.68173

>>68073
Yeah OP, you just have to prove yourself. Be good at what you do and just try and stay on top of any oppurtunities

>> No.68183

>>68073
Being underemployed is the same as being unemployed
If you make less than 50k a year you will never advance and should consider violence and force, i.e. going for the high score, instead of living a poor quality life that doesn't reflect your contributions to society

>> No.68214

>>68073
>liberal arts degree (Economics, BA)
Quick sidebar: In what fucked up education system is Economics considered an art?

>> No.68209

>>68183
Well if I post my resume, could you guys critique it perhaps? Or is it just me not selling myself?

I tried for the inbound sales role (45k) but said I lacked experience and was hence referred to this role.

>> No.68240

>>68209
No one reads resumes. You didn't get hired because you're white and male.

>> No.68246

I would say take the job which will allow you enough sanity to put effort in directly going after your real goal. If you expect that they'd be about the same in terms of that, go with the higher paying one.

>> No.68259

>>68214
Well at my school, there is not enough quantitative/mathematics based economics courses and thus it is impossible to obtain a BS in Economics

>> No.68325

>>68259
use your spare time on coursera/edx rather than pornhub or /biz/

>> No.68329

>>68214
Econ is a social science, social sciences are in the liberal arts category. That said, chemistry, physics, biology, and math are also part of the liberal arts (or Letters and Sciences) schools at most universities.

>> No.68351
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68351

>>68214
>>68259

>> No.68357

>>68259
The difference between a BA and BS for me, I didn't take enough biology courses. Fucks given- none. Doesn't matter at all.

>> No.68369

investment bank doesn't even accept someone with less than a 3.3 GPA from a great school. unless your dad is a big client, your chance of getting into a firm like goldman is close to zero.

your best bet is to work your way up at a bank in retail op/branch. trade stocks on the side.

>> No.68372
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68372

>>68351
Thanks, I'm just gonna go kill myself now.

>> No.68420

>>68351
This has to be a joke
>checked the website
> not only that, but also indigneous studies
I feel like this devalues other degrees the world over.

>> No.68440

>>68073

and don't be discouraged. look at all the top level execs at s&p 500 companies. most of them didn't go to ivy league or come from an investment banking background. if you don't have "it", the game is not over. how far up the corporate ladder you can climb depends on how much you accomplish after you get the job.

>> No.68469

>>68073
I worked a bank in Operations. Extremely few get out and make it into front office.

In retrospect, I might have been better off waiting it out. Then again, I was at the end of the "milkround" and nobody would be hiring again for another year and I did not meet my expect grade for my degree so likely the doors would have been closed for me.

Jew friend on my program quit back office, went to study Msc Economics, got back into bank in Research Department. His boss was also a Jew though so maybe his qualification had nothing to do with it.

>> No.68530

>>68351
>>68420
Colleges will give you whatever title you'll pay for. When I first went to college I was in a BS program for Graphic Design. I guess they thought a BFA had too much of a bad rep.

>> No.68591

>>68530
before europe decided to go full retard and force its members to introduce bachelors and masters degrees, germany had dedicated diploma degrees for each field such as Dipl.-Math. or Dipl.Phys. ...
Feels bad now to share the same degree with womens study majors from some shit tier institution.

>> No.68600

that watch is a piece of shit..

atleast get the omega its trying to knock off. You can find a good used example for $1300

>> No.68615
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68615

If you were a woman, whether of my heritage or a sexy white woman....you could work for me :^)

>> No.68650

>>68214
Economics isnt science you whore

>> No.68705

>>68650
It is a science. Science isn't about matter and things you can touch/see, it is about measuring.

Physics has plenty of topics on things we can't see (anti-matter for example). You can't see the van der Waals forces in a compound but you know it is there through science. Same with inflation. We can't see inflation, nor can we touch it, but we can measure it.

Economics is the science and application of allocating resources towards their best use. "best" is subjective but even behavioural economics is tackling the "best" definition, as is psychology.

The standard economic model of best typically involves some sort of pareto efficiency, combined with game theory, GDP and profit. But that doesn't take away from the science in economics.

>> No.69062

Hey Bro Like I said the offer is still on the table
Will you be willing to do a post op?

And fuck what you fucking nerds think what it takes to make money!

I am a hedge fund legend making $8 bil with a Philosophy degree....although it probably helps I graduated from MIT

>> No.69389

>>68600
not sure if serious, the untrained eye cannot tell the difference. I am sure there is a qualitative difference but for like $150 on this bulova (which looks great), can't quite complain

>>68325
bro
I torrent my prawns from kickass to

>> No.69419

You should've sucked some dick to get into the hedge fund world man

Then again, I didn't have to
:^)

>> No.69489

>>68650

Science is about the observable. Money, capital and wealth are clearly observable. They also clearly obey their own rules (supply and demand), just as energy obeys the laws of thermodynamics. So you're either blind and you can't see what's observable or you're just an elitist retard unhappy with his underpaid natural science job.