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95k / yr Job VS T14 Law School
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Date: September 30th, 2015 6:33 PM Author: Buff yarmulke space Subject: 95K yr Job VS T14 Law School My younger brother works in back office division of a finance company in NYC. Makes 95k a year.
He's recently got really bored with his job due to lack of challenging work, boring task, easy hours, etc. Hence, he's been looking to make a jump to a more competitive career.
He's been trying hard, for last 6 months, to break into a front office role at his bank. That hasn't been a success, yet.
He recently took LSAT and is prepping for GMAT, thinking that he will likely pursue either law school or MBA to break into either Biglaw or I-banking / Mgmt Consulting. He scored 172 on LSAT. I don't exactly know his undergrad GPA, but assuming that he gets into a T14 school, would it be worth it to attend?
Let's assume some hypos:
1. He gets into a low-tier T14 at half scholarship 2. He gets into a T6 school (CCN) at sticker price
Is either of above option credited in his situation?
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Date: September 30th, 2015 6:35 PM Author: Floppy shitlib sweet tailpipe How tight is his BoyHole? (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28870978) |
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Date: September 30th, 2015 6:44 PM Author: glittery submissive newt menage Can he get a scholarship to a M7? (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871023) |
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Date: September 30th, 2015 7:06 PM Author: dun odious bawdyhouse how old is younger brother? he should save up and pursue a PhD (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871190) |
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Date: September 30th, 2015 7:11 PM Author: anal aromatic orchestra pit Other than architecture, there aren't a lot of real professions that are worse than law. Maybe vets have it worse. But they at least get to pet some puppydoods and kittydoods. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871217) |
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Date: September 30th, 2015 7:12 PM Author: talented orchid church building pisswyrm Let's assume this is flame. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871221) |
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Date: September 30th, 2015 7:16 PM Author: dun odious bawdyhouse no one earning 95k would pursue law (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871252) |
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Date: September 30th, 2015 7:17 PM Author: talented orchid church building pisswyrm No one in back office makes 95k. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871263) |
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Date: September 30th, 2015 7:44 PM Author: dun odious bawdyhouse No one IN THIS ECONOMY with only 2-3 years of experience with only a BA/BS degree earns 95k (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871403) |
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Date: September 30th, 2015 9:57 PM Author: Overrated carnelian heaven organic girlfriend wrong.
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Date: September 30th, 2015 9:58 PM Author: dun odious bawdyhouse we get it you're flame (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872375) |
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Date: September 30th, 2015 10:10 PM Author: Aggressive mentally impaired skinny woman giraffe actually you are wrong. if he has a special skillset, degree from good school, and lives in the most expensive metro areas, it is possible. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872463) |
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Date: October 1st, 2015 9:40 AM Author: Fluffy aphrodisiac indirect expression university Demonstrably false. Frat bro I hang out with just switched companies and will probably cop $95k all in this year at one of the Big 3 and has been out 4 years from BIGSTATEU. Sorry about your tiny pink humanities degree, should have copped STEM. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28874474) |
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Date: September 30th, 2015 7:13 PM Author: razzle brunch private investor why would he go to LS instead of bid-ness school (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871226) |
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Date: September 30th, 2015 7:18 PM Author: talented orchid church building pisswyrm The preftige, the scholarship.
SUCH SCHOLARSHIP!! |
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Date: September 30th, 2015 7:20 PM Author: Opaque Church Doctorate He's going to get half scholly from CCNP and full from some of the others. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871280) |
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Date: September 30th, 2015 7:26 PM Author: talented orchid church building pisswyrm But the scholarship is sinking rapidly in Law Skool. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871311) |
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Date: September 30th, 2015 8:42 PM Author: Buff yarmulke space "No one IN THIS ECONOMY with only 2-3 years of experience with only a BA/BS degree earns 95k"
-> I made 70k base salary first year out of school. I worked at a tech consulting firm. I also got paid overtime, per diem (whenever I traveled), etc.
Plenty of people make 90-100k 5-7 years out of school.
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Date: September 30th, 2015 8:44 PM Author: Buff yarmulke space "No one in back office makes 95k."
-> depends on what kind of back office job you're talking about. Lowest-level back office jobs, such as operations (just clearing trades, data entry, etc) have moderate pay.
other 'back office' jobs pay much better. Sales reporting, data analytics, risk, finance, technology, etc. |
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Date: September 30th, 2015 8:47 PM Author: Buff yarmulke space "why would he go to LS instead of bid-ness school"
-> He hasn't made up his mind yet. He's still prepping for GMAT and lining up references that will write him rec's required to apply for b-schools. He plans to apply to both MBA and law schools, see which ones he gets into, and make decisions based on how things pan out.
One hesitation he has about MBA is based on the suspicion that the MBA is largely a networking degree where you learn nothing of value. No different than an undergrad business or econ degree.
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Date: September 30th, 2015 8:48 PM Author: razzle brunch private investor that's a dumb hesitation since he isn't getting either of these degrees for the SCHOLARSHIP. it's not a phd. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28871768) |
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Date: September 30th, 2015 9:07 PM Author: crawly sanctuary 95k in NYC = 40k in my current city (which is fucking great). what a scam, yr bro basically lives like some dude who works at a verizon store and is contemplating massive debt and lifelong servitude in the shittiest "career" imaginable just to have a shot at pushing into a middle class lifestyle in his current location
Goldman has a massive back end operation in Salt Lake City. he should at least apply there before literally throwing his life away on law school |
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Date: September 30th, 2015 9:13 PM Author: Buff yarmulke space "95k in NYC = 40k in my current city"
-> NYC, SF, and LA are only significantly more expensive than other cities if you live close to downtown area without roommates.
If you get a roommate to share a place in manhattan or go out to live in Jersey, cost of living doesn't differ that much from other big cities.
My brother's after tax is 5k a month. He pays 1300 per month on rent, 5-700 on food, 2-300 on drinks, etc. He saves well over 2.5k a month.
You go ahead and try saving 2-3k a month on your 40k a year salary in your bumbfuck town. not gonna happen. |
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Date: September 30th, 2015 9:28 PM Author: crawly sanctuary you totally missed the point. He could get a much more "real" raise just by finding an equivalent job in a good place to move, without making a terrible law school investment. forget the COL comparison to 40k, those Goldman jobs in SLC often pay 100k+ and I know for a fact that will give you a lifestyle that is objectively better than what you can have in NYC making significantly more money. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872096) |
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Date: September 30th, 2015 9:42 PM Author: Buff yarmulke space point taken. I agree. but that begs the question - who the fuck wants to live in salt lake city? (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872225) |
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Date: September 30th, 2015 10:01 PM Author: crawly sanctuary part of my point: lots of medium cities (think Indianapolis, boise, lexington, etc) have gotten way more livable than you'd think. I specifically named SLC because it has an unhip rep and I've lived there within the past few years and liked it a lot. when I was 25 I thought I'd never leave Manhattan but I've bounced around a lot since then and that was idiotic and blinkered. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872398) |
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Date: September 30th, 2015 10:34 PM Author: crawly sanctuary oh and to elaborate in another direction: he's only thinking of "law school" as a decent solution to his career dissatisfaction because it's acceptable/common in his circumstances. aside from a simple geographic move there are probably a dozen other options that would have a higher chance of making him happier and better off than law school (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872637) |
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Date: September 30th, 2015 10:49 PM Author: Buff yarmulke space care to elaborate?
what do you think about top b-schools then? |
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Date: September 30th, 2015 9:32 PM Author: Bronze swollen national security agency market So if you do shit to significantly decrease your QOL, like having a roommate as a grown man or a giant commute? Lol (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872133) |
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Date: September 30th, 2015 9:43 PM Author: Buff yarmulke space yeah, gotta do what u have to do. paying 2k+ a month in rent is fucking retarded and should be avoided at all costs. no matter ow much money you make. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872239) |
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Date: September 30th, 2015 10:12 PM Author: talented orchid church building pisswyrm TCR: He should get a sex change operation and write a book and go on TEE VEE. Profit! (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872470) |
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Date: September 30th, 2015 10:14 PM Author: disrespectful karate state Backoffice? Gross. He should just killself. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872491) |
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Date: September 30th, 2015 10:25 PM Author: Buff yarmulke space I think the best money is in sales. I heard from my brother that the salespeople at his bank clear 300k if they're any decent at it. (inst. sales and retail wealth mgmt sales)
half of his bank's partners hail from sales department. a lot of these guys clear 2-3 Mil a year.
i guess, if you wanna make big bucks, u gotta know how to schmooze. |
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Date: September 30th, 2015 11:11 PM Author: Aggressive mentally impaired skinny woman giraffe http://www.glassdoor.com/Salary/Jefferies-and-Company-Equity-Sales-Associate-Salaries-E1546_D_KO22,44.htm (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28872907) |
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Date: September 30th, 2015 10:27 PM Author: disrespectful karate state If you're in finance and not doing front office Private Equity or Hedge Fund you're a filthy prole and should killself.
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Date: September 30th, 2015 10:38 PM Author: Buff yarmulke space I wouldn't go that far. making 95k per year at age 27 isn't exactly the kiss of death.
plus, tons of back office people do top mba then go into strat consulting / I-banking / research, etc every year. |
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Date: October 1st, 2015 9:38 AM Author: Aggressive mentally impaired skinny woman giraffe Its gotta be like top 10% for that age. LJL at this Bord. (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28874466) |
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Date: October 2nd, 2015 5:11 AM Author: Ultramarine vibrant candlestick maker scourge upon the earth Lmao at top 10% wtf? May as well get a subscription to harpers daily, a 12 pack of rolling rock, and a college "savings fund" for you children. Lol (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28882272) |
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Date: October 2nd, 2015 10:49 AM Author: Aggressive mentally impaired skinny woman giraffe half of 27 year olds are still wallowing in debt/in the process of moving out of their parents house bro (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28883333) |
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Date: October 2nd, 2015 2:09 PM Author: Ultramarine vibrant candlestick maker scourge upon the earth 75% of all 30+ year olds are prole trash whats your point? (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28884802) |
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Date: October 2nd, 2015 3:23 AM Author: Low-t lodge codepig flame thread but 172 = full ride at some t14 (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28882184) |
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Date: October 2nd, 2015 2:13 PM Author: seedy trailer park son of senegal but the sweet scholarly nectar (http://www.autoadmit.com/thread.php?thread_id=3005232&forum_id=2#28884828) |