Which makes more real estate or investment banking?

MILLIONS IN BONUSES?!
geeeeez. how much is their salary then?

lol i know its kind of greedy filtering out career options by salary but hey, i'm only 13. i can still dream :]

Investment banking is what comes into mind first, but then again it depends on what you do in real estate....

Also, real estate is easier to get into... pretty much anyone can be a realtor, for example.

But it is more difficult to get an investment banking position.

Investment bankers make bonuses of millions of dollars yearly (in addition to their regular salary) when they are in the business for 4 or 5 years... real estate it will take longer, if you even ever get to the point you make millions in a year.

EDIT: starting salaries right now for those with an Undergrad degree are in the low to mid $60,000 with signing bonuses of about $10,000

Exec salaries are in the hundreds of thousands

But you sacrifice alot of your personal life for this high salary.... Bankers have crazy hours 7 or 8 am until midnight is the norm ... especially in the beginning of your career.

I suggest reading "Monkey Business: Swinging Through the Wall Street Jungle" by John Rolfe and Peter Troob.... It is a GREAT book about banking and it is HILARIOUS.

And you don't have to come from any sort of pedigree. I am an African American female, mom is a nurse, I went to Howard University (HBCU), but other schools that were at Morgan Stanley when I interned there were top schools such as Duke, Columbia, Harvard, and then other schools with students who are likely to work in NYC I.E. SUNY Purchase, Rutgers, etc. You need excellent grades to get into IB (3.5 at the absolute lowest).

Best of Luck!

Yes, probably ... its a good enough school. I didn't know of anyone from Stanford over the summer though.... You may have to work a little harder to get that initial interview. Report It

I would say Real Estate.

No one makes more money than investment bankers. I'm assuming that you're talking about either going into

1. RE sales - in that case IB will be bigger by a WIDE margin.
2. Development - maybe but unlikely in this market

IB if you are a pedigree from a top school and VERY good at what you do. It's very hard to get into though.

Investment Bankers often make more in Bonuses than their salary. Bonuses are based on profit they have made for the company, so you must make the bank tons of money.

The money is great, but I know a few bankers and they work VERY long hours, return to school for MBAs, and work hard some more. Many have been burnt out before making any good money, but if you're willing to sacrifice then the reward is big!

Becoming a realtor is much easier, you don't even need a degree from college. Since the work is comission based, you may earn very little or a lot. I would say, IBs make much more money on average, and have more steady employment than a realtor.... so you better hit those books and get into a top tier college!