Accounting Investments
Are the hours close to the same for Investment Banking and Public Accounting?
I heard the hours are both long and about the same, but the pay scale is vastly more for I-banking. Should I be jumping ship to I-banking instead of public accounting?
You should really be thinking more about what you are interested in and have skills for. Also, where you want to live. Starting out, I would guess the hours will be similar, but eventually your hours will probably be better in accounting.
Investment Banking is very competitive, so you have to like that aspect, and you probably have to live in NYC or London or someplace (expensive) like that. Career paths are varied, depending on the area of banking you choose — equities, derivatives, M&A, etc.
Accounting is a lot of heads down work at first, because you probably start in something like audit. On the other hand, it’s a good training ground for other careers, especially if you plan to get an MBA some day.
Try to come up with a list of skills required for each entry level job (a recruiting website for JP Morgan and Deloitte, for example could help you with that). How well do your skills match each job? Good luck.
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