Finance for IITians
Question to answer: Why do lots of IITians move towards finance? 1) Money: Finance companies pay way more than other companies. The average pay of a finance company is 1.5-2 times that of an average CS tech firm and 2-2.5 times an average non-CS tech firm. This probably is the single most important reason. More importantly the prospects of hefy bonuses which can surpass any salary in any industry. People flock to finance because of the riches/lores of traders/i-bankers who have earned a software engineer's lifetime salary in a few years. 2) No interest in Tech: Since most of us have the feeling that "acads to nahin hi hoga" or I am not born for tech, we have anyways narrowed down our choices to a few out of which most are financial services firms. 3) Analytical skills required: This is perhaps the only field where they require analytical skills but do not pay much importance to your CPI. Proving that you are smart is more important than getting a hi-fi CPI. :) Th...