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What degree will make more money in Houston, Finance or MIS?

Discussion in 'BBS Hangout' started by BetterThanEver, Sep 29, 2010.

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  1. randomdude

    randomdude Member

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    There are still IB jobs available, but definitely not as common during the past year or two. I would say about 30 students from mccombs landed an ibanking job this past year. Even the big ibanks took only like 2-3 students from UT. In 2007, I imagine atleast double or triple of that amount took the ibanking route?
     
  2. G0 R0CKETS

    G0 R0CKETS Member

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  3. droxford

    droxford Member

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    Generally speaking, IT is difficult in the long run. As you get older, newer technologies come out and the next generation is able to handle those technologies better, faster, and cheaper than you can (because you're old).
     
  4. G0 R0CKETS

    G0 R0CKETS Member

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    IT sucks ...I hate it ...
     
  5. MoonDogg

    MoonDogg Member

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    What do you hate about it?
     
  6. Master Baiter

    Master Baiter Contributing Member

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    I love IT. I'm a high school graduate that has made a lot of money by being smart and working hard. There is no reason why someone that is older\getting older cannot continue to do well in IT if you constantly stay on top of technology and network well.
     
  7. leebigez

    leebigez Contributing Member

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    If you want to make money in houston with a degree, anything dealing with energy is a great choice.
     
  8. bnb

    bnb Contributing Member

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    It sounds trite to say it, but you should do the one you like best. Both those are potentially higher earning degrees. Finance may have more upside -- and possibly more flexibility depending on what other skills you acquire. But a successful MIS person could easily make more then a mediocre Finance grad.

    Good luck. Don't forget to tip Clutch on the way out.
     
  9. Supermac34

    Supermac34 President, Von Wafer Fan Club

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    third and fourth choices...geology or petroleum engineering
     
  10. codell

    codell Contributing Member

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    What degree is better/more opportunities/better salary from UH; finance or accounting????????
     
  11. yaonow

    yaonow Member

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    Its not the grades you make but the hands you shake.
     
  12. Surfguy

    Surfguy Contributing Member

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    I'm on your side. Old people got programming rights!

    WE GOT RIGHTS TO PROGRAM ON OUR MACHINES USING THE NETWORK TO INTERFACE WITH DA DAMN DATABASES! WE WILL NOT BE DENIED ACCESS!!! If I have to fight the b*stard MCP myself, I will.

    Wait...I'm not old yet. But, I will be. We got rights!

    They took 'er jobs! Sterilize the population; their kids are taking d'er jobs!
     
  13. Dairy Ashford

    Dairy Ashford Member

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    Not everyone has the patience, drive, luck, focus, humility and unselfishness to make that work. I think the hardest thing to learn as an adult is that you're not a damn snowflake, and that your ambitions and abilities are not as unique as you think.
     
  14. aggie87

    aggie87 Member

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    keep in mind the finance field is extremely competitive, my roommate had a 3.95 doing the 5 yr finance program with a MS in finance and had to go through 20 interviews before he got a position as an energy trader in Houston, he makes about 70k a yr, alot of people with finance degrees don't get jobs unless their gpa is 3.8+
     
  15. Dairy Ashford

    Dairy Ashford Member

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    Unless you're willing/able to sell on commission right out of school, it's probably Accounting: especially if you sit and pass the CPA right out of school.

    A large chunk of actual corporate finance work: Corporate Valuation, and Financial Statement Analysis, isn't even really covered in undergraduate finance coursework, they're all accounting classes. I'm not sure you can even get an entry-level bank lending job (credit analyst) without Intermediate Accounting I and II.
     
  16. codell

    codell Contributing Member

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    My wife is looking to get into commercial real estate in an admin/supt role (non-sales), that is why I ask. She already is a residential real estate broker w/ previous experience as an operations manager for Compass Bank so she just wants to make sure she gets the right degree so she can get to where she wants to be (and most commercial real estate companies require a degree).
     
  17. Dairy Ashford

    Dairy Ashford Member

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    I don't know anything about real estate, but in this case Finance with a minor in Accounting is probably a good idea. Pretty sure all university finance departments have a real estate finance course in their curriculum, though it's typically just an elective that's not necessarily offered every semester.
     
  18. Dairy Ashford

    Dairy Ashford Member

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    But again, objectively speaking between a Bachelor's of Accounting and Finance, Accounting with a CPA is more functional and marketable by a longshot.
     
  19. Rileydog

    Rileydog Contributing Member

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    go to law school. 25 year old folks straight outta law school bank 120K/year. Granted you have to do well, but that's a lot of coin. You make less if you're not at top firms, but I don't know any law school grads that are suffering.
     
  20. Luckyazn

    Luckyazn Contributing Member

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    I just graduated this summer and deciding on a couple of jobs, but was wondering do I need to work and gain some experience before I can apply for an MBA?

    or can I just study for the GMAT and apply for spring semester at UH-Clear Lake.
     

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