610 here, and i'm barely above avg intelligence.
it's very similar to SAT in terms of measuring actual "G."
you need to get a few practice books and study for at least a month and half. it really depends what score you need in order to determine how much prep you need.
it's very similar to SAT in terms of measuring actual "G."
you need to get a few practice books and study for at least a month and half. it really depends what score you need in order to determine how much prep you need.
Yeah, the salary is nice, but you'll earn it. I'm not quite the consultant that you become with an MBA, but I'm close (computer consultant for a large firm).
Yes, you'll be making six-figures, but you'll also own a home you never sleep in, belong to every frequent travel plan on the planet and learn to hate airports. You'll have clients that are incredibly incompetent (they had to hire you, duh!) and expect you to swoop in and save everything. One week will blend into the next and next thing you know, its been 5 months since you had any time to yourself. Your gas will get shut off because your personal bills will go unpaid and your wife/gf will hate you - if you don't have one already, you wont.
And at the beginning of the year, when bonuses are handed out for last year, you'll learn to live with the fact that your good Uncle Sam takes about 40% of any bonus money . . . good luck with the GMAT!
hno::lol:
While I agree with this statement, have you seen how many unemployed lawyers are there?
WSJ had a great article talking about Law graduates from decent schools having difficultly finding jobs. Some were working as paralegals.
A law degree does provide the knowledge the ability to allow you to venture into many other areas that will save you a lot of time and money as your on lawyer.
Problem with law degrees is society has told us how valuable they are and how prestigious they are for the past 15-20 years so now everyone has one and their value has gone down in terms of earning power some
Paranoid, I'm not really looking to get into consulting or upper-middle management, more focused on a career in Financial planning/wealth management or something like that....Although I do think consulting is pretty lucrative from what I understand about the industry...
Paranoid, I'm not really looking to get into consulting or upper-middle management, more focused on a career in Financial planning/wealth management or something like that....Although I do think consulting is pretty lucrative from what I understand about the industry...
Very true
For me, a JD isn't about money. If I had a law degree right now and started to use it, I'd have to take a pay cut. But I like it more as a long term play for things I will need/do in the future. Also, there are ways to make money in law, they're just incredibly boring like handling DUIs or working for special interests that are not "sexy" legal work but pay, like Native American affairs.
The same rule I use in consulting applies to lawyers: "The best kind of client is the kind that pays"
Very true about DUIs
A guy I know went to Texas Tech Law (average school at best, no offense to any TTU Law Grads), he had classmate who graduated in the middle of the pack and is now make about $750K as DUI lawyer in Austin. I guess his office close to campus, and just rakes in the dough.
Keep it down - you're giving away my secret plan! :lolBIG:
I live in a city that leads the state in per-capita DUIs. It's a resort town, so it makes sense. I can basically join the bar and just do DUIs the rest of my life and maybe retire off that at 50. Law (just like consulting) CAN pay, it's just very boring work. All your "Boston Legal" wannabes out there are the ones slaving away for years for the chance to work 100-hours/week - doh!
Well, hell, you don't need an MBA to do financial planning or wealth management. You just need to get hooked up with the training programs provided by all the large insurance/investment firms and put in your time. You'll get trained and licensed, but you'll still be expected to drum up business and make your own book. Sure, an MBA might look impressive and help you a bit, but you'll still be expected to build your own client list. In finance management world, no one is just going to give you clients, you're going to have to get them yourself, MBA or no MBA. Get into a training program and buy all of Jeff Gitomer's books (you'll be in sales . . . Prudential will call it their "Management Training" program, but its sales :shocked
and start dialing the phone.If that's what you REALLY want to do, an MBA is not going to make it much easier.
Of course. But its not fully accepted by the ABA (at least not yet) so you can't sit for every state bar. But, you can sit for the bar in CA and since I live here and will most likely die here, its just fine with me. Besides, bar rules are changing all the time - once I'm a member of CA bar for a few years, other states will recognize it unequivocally.
