What career should I pick?
Hello. I just got my MBA from harvard business school. I got my undergrad from Cornell. I have many different big companies looking interested in having me, but I'm not sure which Company I should apply for a job at. My goals are to have a great career, become really rich (multi millionaire), become a CEO of a fortune 500, retire young, have a wife, and have kids. I know that sounds weird, but they are my goals. I would also like to have a huge mansion and an apartment in NYC, which is where the companies are based.
1. Viacom. I would be a business strategy employee. Viacom is a huge fortune 500 company that owns many media brands such as MTV, nick, tv land, vh1, bet, paramount, etc. My dads friend is an executive at the company and is making multi millions a year. However, the starting pay is super low, and the job growth rate is very low. However, my advantage is that I know an executive. He could possibly have some say as to who gets promoted. I love the location. Silly question, but if I decide to get an apartment at time Warner center, will I be allowed to work at viacom since they are competitors?
2. Forbes ranked this company (not fortune 500 company though) one of the top companies to work for. The company is Boston consulting group. Although they are hq in Boston, they have an office building in NYC. I would be working as a business consultant for companies who need help steering through tough paths to reach there goals. This company pays six figures right out of grad school, and after 10 years with hard work, they can promote you to partner which makes multi millions a year. Many successful people have come from bcg and now are CEOs of there own firms, however, many people stay with the company and become mega rich.
3. One of viacoms competitors, news corporation. News Corp owns fox news and the wall street journal as well as fox media. They are a huge media company. They are located in NYC. I would be working as a business strategy person. They unlike viacom, pay large starting salaries and even larger for hen you are an executive or partner, not as high as boston consulting group though.
4. Time Warner. Time Warner is another huge media company that owns Warner bros. Time and life magazine, time Warner cable, etc. They are a super huge company. They however, have bad job growth rate, and there salaries are low for the industry. However, execs make killings.
5. Walt Disney company. We all know this company. I would again be doing business strategy, however, job growth is good here and the salaries are fine.
6. Boeing. I would work as a financial advisor. They have good salaries and they have great job growth.
7. GE. Now this company can be easy to get in, has good salaries, but has bad job growth due to it being a mega company.
8. Start my own business. This does not mean riches, and this is risky, but if done right, can make a fortune.
So I really like viacom because I have a huge connection, but they have bad starting pay and no job growth unless my dads friend has something to do with it. On the other hand, I love Boston consulting group even though they aren't fortune 500 . I was thinking about maybe getting some experience at BCG, make six figures a year, and work my way up to partner after around ten years and make a couple million a year. After being partner for some time, I would apply for a senior position at viacom and work my way up to executive. That is what my dads friend did. He got business experience and lots of cash from a firm, and then applied for a senior position at viacom. He then got promoted to executive. Should I do this? Thanks.
Asked By: Joe Tommy - 7/27/2010