Highest payed gratuates vs. 10 years after ? (2 Viewers)

[golfpro]

Would i be right in saying business is where the money is aye? Like after graduating with a Bcom you wont be one of the highest payed graduates but in 10 years time after you graduate your salary will be alot higher vs. someone like a mining engineer whos graduate salray would be alot higher.

Is this statement somewhat true and if i really want to make alot of money like 250k plus a year then business would be the only vice ?

 

[blue_chameleon]

Regardless of where the money is, you wont be making it.

 

[autumbabe1991]

if ur theory is true.... like being an engineer with that much money whenu first graduate then who come the there are 14,122 jobs in egineering free....

people are greedy these days, wouldnt they want that money....?


Goodluck

 

[jb_nc]

Regardless of where the money is, you wont be making it.

burn, son

 

[jase_]

There is more to getting a high salary than your education and your job. If you are good enough, then you can make it big in any role. If you aren't that good, then even if you go into a good field (say IB) you may not be able to make it good there if you don't have the ability to do so. Just thought I'd add this point in. While some fields have higher starting salaries than others, it is all relative in the end in most general fields.

 

[Hakz]

Would i be right in saying business is where the money is aye? Like after graduating with a Bcom you wont be one of the highest payed graduates but in 10 years time after you graduate your salary will be alot higher vs. someone like a mining engineer whos graduate salray would be alot higher.

Is this statement somewhat true and if i really want to make alot of money like 250k plus a year then business would be the only vice ?

Hey mining engineers get good pay as graduates for reasons;
1) Shortage in engineers hence quick recruitment + good pay to incourage
2) Jobs are in middle of no where in the bush + long hours
3) Risky job being in mines hence you would need to increase pay to yet again incourage mining engineers to do the job

You see thats why you get heaps when u graduate for mining, and the thing is business/ commerce is very popular so a lot of graduates are available hence more competition + decrease in pay. But in any career experience will get you the most pay over time.

 

[RabbitRabbit]

As everyone is saying here, it's not about which pays better, but your ability to meet the employers needs. Graduate averages is not a reliable measure of your future salary because there would always be a few really high end paying grads (nerds) which pushes the average salary up.

On highly unbiased judgement, I would suggest that if you like your maths & physics & dirt, and being surrounded by males, then choose Engineering mining.

But if you'd rather an office environment and a combination of business such as accounting, law, finance, management, economics, and quite an even ratio of females:males, then you would be more suited to commerce.

Please note, above generalisations are extemely high.

 

[hopeles5ly]

Would i be right in saying business is where the money is aye? Like after graduating with a Bcom you wont be one of the highest payed graduates but in 10 years time after you graduate your salary will be alot higher vs. someone like a mining engineer whos graduate salray would be alot higher.

Is this statement somewhat true and if i really want to make alot of money like 250k plus a year then business would be the only vice ?

I really don't understand why people are so shallow - the real money lies in having a business, because profits are better then bloody wages or salerys! I'm currently a 1st year uni student, earning an income close to a uni graduates, working less hours and having the freedom to do what i want, when i want and best of all, it’s going to increase and increase in the next few months. I’m currently doing Network Marketing. Everyone only has 24hours in a day to work, so there is only so much hours and money that you can actually earn. But if you are able to say find a couple of more people and teach them to do what you do, then your economic value and hours in a day increases, in proportion to the number of people you have. Hence, the power of duplication and the development of networks.

Why would you work your whole life, trading your time for money, in order to make someone else rich, when you can work for yourself and build your own fortune? Honestly, how many people do you know that work for someone else and make an income of over 150K/year?

 

[Newbie]

lol network marketing

 

[sam04u]

Porn Star:

$250,000

10 years later

$100,000

10 years later

$50,000

10 years later

$75,000 (makes a come back here :rofl

 

[aristos]

the highest paid graduates currently in australia are in the dental field!!!!! YAY!!!...this is probably still the case along with Dr's in 10 yrs time. well lets hope so

 

[eternalsoul6]

what about pharmacists?

 

[Captain Gh3y]

Highest paid graduate and also highest paid 10 years after is B. Oil Tycoon

 

[Epic_Postings]

Porn Star:

$250,000

10 years later

$100,000

10 years later

$50,000

10 years later

$75,000 (makes a come back here :rofl

so the said pornstar broke into the granny porn industry? That's awesome.

 

[autumbabe1991]

I really don't understand why people are so shallow - the real money lies in having a business, because profits are better then bloody wages or salerys! I'm currently a 1st year uni student, earning an income close to a uni graduates, working less hours and having the freedom to do what i want, when i want and best of all, it’s going to increase and increase in the next few months. I’m currently doing Network Marketing. Everyone only has 24hours in a day to work, so there is only so much hours and money that you can actually earn. But if you are able to say find a couple of more people and teach them to do what you do, then your economic value and hours in a day increases, in proportion to the number of people you have. Hence, the power of duplication and the development of networks.

Why would you work your whole life, trading your time for money, in order to make someone else rich, when you can work for yourself and build your own fortune? Honestly, how many people do you know that work for someone else and make an income of over 150K/year?

im sorry but im doing my hsc this year and working part time on the side...
you have a point with building your own business but for most of us how are not on the im heaps smart section of this world, owning and running a business would be the last thing any of us would want attempt...
there are way to many risks with something that deep....

and who says you cant work for someone else and not build your own fortune?
and in these times... hardly anyone is able to make that much and most of it going in Rudds pocket

 

[ace17]

I was running my own small, online business for about 12 months a little while back. It takes a lot of time and effort, sometimes for only a miniscule or even negative return but once you get the hang of things it becomes easier and easier. Some weekends I would rake in $500 for about 2-4 hours work but would also have periods where I made nothing at all. If you have a product you know back-to-front and understand the market relatively well then there is enormous potential, and you don't even need a massive starting investment and sometimes none at all.

Although it's not for everybody, Business and Real Estate are really the only accessible areas where you can make mega-bucks. However, if you aren't prepared to take risks, prefer a steady stream of income and sanity then engineering is probably the better option.

 

[Jon73]

i rate this thread for the lols.

 

[Omnidragon]

Why would you work your whole life, trading your time for money, in order to make someone else rich, when you can work for yourself and build your own fortune? Honestly, how many people do you know that work for someone else and make an income of over 150K/year?

I really don't understand what all the fuss is.

All you need to do was to have bought BHP at around $10 a few years back (which come on, wasn't thta hard to pick). And when you do it you leverage your $300,000 house right? Borrow say $200,000 off it and hopefully have another $100,000 cash already. You would have made like $1m for doing nothing.

And come on, as if subprime wasn't frigging obvious. Commentators were talking about it since December last year. And all you needed to do was short Babcock and Brown from $30 to what it is now ($7) and you would have 6x that $1m to $6m. Tell me how many people you know who has $6m! Better, do any of you seriously think you'll ever have $6m?

By the way, are you telling me that you make close to $150k pa? Then you should seriously consider buying some of these banks. Do you really think ANZ will continue to be $16 for the next 10 years? No it'll be like $100 in like 15 years for no other reason than population growth and inflation.

 

[Omnidragon]

I was running my own small, online business for about 12 months a little while back. It takes a lot of time and effort, sometimes for only a miniscule or even negative return but once you get the hang of things it becomes easier and easier. Some weekends I would rake in $500 for about 2-4 hours work but would also have periods where I made nothing at all. If you have a product you know back-to-front and understand the market relatively well then there is enormous potential, and you don't even need a massive starting investment and sometimes none at all.

Although it's not for everybody, Business and Real Estate are really the only accessible areas where you can make mega-bucks. However, if you aren't prepared to take risks, prefer a steady stream of income and sanity then engineering is probably the better option.

Do you know who the richest man on this planet is? I can tell you he didn't make money from conventional businesses such as manufacturing a product or providing a service. Nor is he in real estate. So guys, seriously, stop pulling **** out of your ****

 

[blue_chameleon]

Omni, im with you in principle on this. But nothing is for certain.

The thing is this though. Hindsight is a great thing and it takes some bollocks to put everything on the line when you have a wife and kids. Analysis and research is one thing, taking the plunge is another.

In saying that, would I do it? Yes.

Why? Because you can always start it again.

Some people just want their lot in life, the 9-5 job with weekends and plenty of time to spend with the kids. To most people, the big money is the dream.

EDIT: Off topic, if you've been reading the FR lately, it appears sub prime is just the tip of the iceberg. Next on the menu? Prime loans.