📚 Main Topics

1. Overview of High-Paying Careers in Tech and Finance

   • Comparison of roles in both fields.
   • Insights from personal experience in fintech.

2. Tech Careers

   • Software Engineer
     • Junior: $115k - $145k base; $135k - $315k total compensation.
     • Senior: $180k - $225k base; $220k - $400k total compensation.
     • Principal: $250k - $350k base; $600k - $1M+ total compensation.
   • Product Manager
     • Junior: $125k - $160k base; $150k - $220k total compensation.
     • Senior: Similar compensation to senior software engineers.
   • Engineering Manager
     • Junior: $180k - $240k base; $280k - $500k total compensation.
     • Senior: $240k - $310k base; $450k - $750k total compensation.
     • Director/VP: $300k - $400k base; $900k - $1.5M+ total compensation.

3. Finance Careers

   • Investment Banker
     • Junior Analyst: $100k - $120k base; $140k - $200k total compensation.
     • VP: $250k - $300k base; $500k - $800k total compensation.
     • Managing Director: $350k - $500k base; $1M - $3M+ total compensation.
   • Private Equity Professional
     • Associate: $125k - $150k base; $225k - $350k total compensation.
     • VP: $300k - $400k base; $600k - $1M total compensation.
     • Managing Director: $600k - $1M base; $1.5M - $8M+ total compensation.
   • Management Consultant
     • Junior Analyst: $100k - $110k base; $120k - $140k total compensation.
     • Consultant Manager: $175k - $220k base; $250k - $350k total compensation.
     • Partner: $400k - $800k base; $900k - $1.2M+ total compensation.

4. Work-Life Balance

   • Tech roles generally offer better work-life balance (40-hour weeks).
   • Finance roles, especially for junior positions, can demand 100-hour weeks.

✨ Key Takeaways

• Compensation DifferencesFinance roles tend to have higher earning potential at senior levels compared to tech, but tech roles can also yield significant compensation, especially with equity.
• Career ProgressionBoth fields require years of experience and exceptional performance to reach senior levels.
• Work EnvironmentTech offers a more balanced work-life scenario, while finance can be more demanding, particularly for junior roles.

🧠 Lessons

• Consider Personal PrioritiesWhen choosing a career path, consider work-life balance alongside compensation.
• Research and NetworkingGaining insights from personal experiences and research is crucial for making informed career decisions.
• Long-Term GrowthBoth fields offer substantial opportunities for professional growth, but the paths and demands differ significantly.