The Project Management Thread

[Monk]

Don't you live in London? That may explain the big wage.

I'd say Investment banking is the way forward if you want to be mega rich

Yes, I live in London and yes that does explain the big wage.

I've worked in Investment Banking for 3 years and the pay varies hugely. If you are in trading or sales you can earn ridiculous amounts. I mediocre trader could still get over a million in bonus. For non revenue generating roles the story is very different. Certainly not easy to get those highly paid roles.

The highest paid non revenue generating, non senior management roles are Business Analysts / Project Managers and qualified Auditors.

[Tommy G]

Yes, I live in London and yes that does explain the big wage.

I've worked in Investment Banking for 3 years and the pay varies hugely. If you are in trading or sales you can earn ridiculous amounts. I mediocre trader could still get over a million in bonus. For non revenue generating roles the story is very different. Certainly not easy to get those highly paid roles.

The highest paid non revenue generating, non senior management roles are Business Analysts / Project Managers and qualified Auditors.

My mate is stufying econometrics at Uni and want's to do Investment banking when he's finished, he seems to think he will earn big money straight away, but like you said it does depend on the sector you work in.

Good experience though if you're clever enough/have the balls to go for it

[Monk]

Depends on what you consider to be big money and what area he goes for. When I was in my final year at uni I considered 25k loads of money then started my first job on 32k. I was over the fking moon even though I was one of the lowest paid people in the bank.

[James.]

Yes, I live in London and yes that does explain the big wage.

I've worked in Investment Banking for 3 years and the pay varies hugely. If you are in trading or sales you can earn ridiculous amounts. I mediocre trader could still get over a million in bonus. For non revenue generating roles the story is very different. Certainly not easy to get those highly paid roles.

The highest paid non revenue generating, non senior management roles are Business Analysts / Project Managers and qualified Auditors.

Damn I must be at the wrong bank then!

[Monk]

OK maybe not this year, but it the last 5 years they could have surely?? Also depends on if at a Hedge fund or Clearing House or true Investment bank I guess. You probably know better than me.

[James.]

OK maybe not this year, but it the last 5 years they could have surely?? Also depends on if at a Hedge fund or Clearing House or true Investment bank I guess. You probably know better than me.

I'm only messing around. Just saying that I would classify myself as at least a mediocre trader (if a very junior one) and I'm not getting millions! Places like Goldmans and hedge funds are where the money's at and yeah I would say some of them ARE getting millions, maybe not last year or this year though.

[Master Fox]

I'm only messing around. Just saying that I would classify myself as at least a mediocre trader (if a very junior one) and I'm not getting millions! Places like Goldmans and hedge funds are where the money's at and yeah I would say some of them ARE getting millions, maybe not last year or this year though.

Forget work.

Come down the end tomorrow night.

I might even buy you a drink.

[James.]

Forget work.

Come down the end tomorrow night.

I might even buy you a drink.

4 hour Fabio set and a drink from Master Fox. Tempting.

I've got to go to a minimal house night in Old Street that my mate is putting on but might well come along to that after. I love The End...

[Dr The Singh]

Forget work.

Come down the end tomorrow night.

I might even buy you a drink.

The End = Blue Oyster bar????

[hebangsthedrums]

I'm studying it in my spare time as work won't pay for it. Prince 2 is a BIG book. I've tested myself on the exam multiple choice questions when on chapter 2 and I got a reasonable mark. A lot of the material is common sense. Finding the motivation to keep picking it up is tough though. As a quick win I'd probably say a course is worth the money if you have it. Obviously the books are a far cheaper option.

The pass % is 50 on both papers so I'm sure you can blag a lot of it if you know the core material.

Applying it is pretty easy, I do so already to an extent managing a task list and scheduling out IT development to developers.

Cheers - will give it some thought and maybe have a go in my spare time (just the foundation) after the summer when my work quietens down. Would prob rather risk losing the £300 or so the exam costs than paying £1800 straight off the bat for a course

Interesting. What training organisation did you use? Would you recommend it?

I agree the salaries for PM's vary hugely by industry. In Financial services it's pretty good. I know at least 3 people on >£600 a day under 30 yrs old. 2 of them don't even have a Project Management qualification.

Well I work for the financial division of a non financial firm (if you see what I mean), though I'm still not sure whether finance is the industry for me long term. Reason Ipicked up an interest was due to it being seen as a boon in the public sector where I initially wanted to work.

[Daggers]

The wife is doing the full course in the summer, on the back of Monk's recommendation.

So, I have to look after the children, alone, for a bloody week.

Thanks Monk

[hebangsthedrums]

The wife is doing the full course in the summer, on the back of Monk's recommendation.

So, I have to look after the children, alone, for a bloody week.

Thanks Monk

Bump; buying the books next week. How did your Missus get on Daggers?