I would comment, the pay for some of these positions is HIGHLY dependent on location. If you’re working in tech in Silicon Valley vs the Midwest, these numbers make sense. If you’re in the Midwest, these numbers are dramatically less (generally)
Thank you for noting that! I'll add it to the description. For tech these numbers are the ballpark for Silicon Valley, Seattle, and NY, and for finance it's NY.
holy u deserve better this is my first saw of video that have a such clear table and discription!!! add oil bro and these are what I am considering!! finance or engineering Have some advice!!??? I am good at math phy so I am thinking about that so much!!!! Wait for ur reply
Hey, thank you so much! So finance and engineering are very different, the nature of work and the day-to-day will look very different. If I were in your shoes, I would first ask myself if very long hours and dealing with numbers, spreadsheets, deals, from morning to night makes sense to you. A very good way to check this is an internship. On the other hand, engineering while can also be demanding, it's in a different way, the work is much less straightforward, and it's not about doing many things and being "on" throughout the whole day, it's more about building your technical expertise, the more you live and breath code the stronger of an engineer you will be. Again, an internship will give you a better sense! Ideally, if you can try internships in both you will be able to make a much more informed decision, other than that, you really need to feel whether you might enjoy coding more or working around deals, numbers, and spreadsheets. Let me know how things are going, and good luck!
@@JCizzleSoCal Hey thanks for the response, can you explain on that? I am a new grad that just started in corp finance! I’m in a rotational program for finance. Thank you!!!
I am not as familiar with corporate finance, but I do know that while the initial salaries are lower, in many tech companies there are multiple levels (from entry level, all the way to director and executive levels), and the pay get substantially better in more senior roles (and the gap, relatively, closes)
Hey Dave, I'm a fourth year finance major and econ minor and I'm starting to realize that none of these high finance roles seem appealing to me. So I was considering pivoting to tech. I've done a things with code before, but nothing major. I understand how to code, but obviously to show potential employers my knowledge in this field I'll have to do more than just say i coded a flappy bird knockoff once lol. So my question is, are there any credentials I can pursue that might help me land an interview in a tech position? I plan on minoring in computer science at my university with a focus on algorithms, but if I get a job without it then that would be great lol.
Hey @alanv3185! The easiest way is to major in CS. It's not necessary but it makes things simpler. Other than that, keep getting your hands dirty, coding & working on projects!
@@daveburjiGotcha. I've been interested in cars for a while and have dreamt of designing and building my own one day. Maybe trying to code a speedo and an infotainment might be a good project for me. Thanks for the advice!
Hey! Fintech is awesome, there are lots of interesting startups working on cool projects. You can work as a SWE in a fintech company, but are asking about other roles you could work in fintech other than engineering?
Thank you for your input, I appreciate it! From my experience, 8-hour workdays are common and normal, there are companies like Citadel where that would definitely not be the case but there are many others where you'd see the majority of employees leave after they've put in their 8 hours. Also, while a company may have a rating for their WLB in websites like Glassdoor or Blind, it can also highly vary depending on the org or the team. For example, while Amazon is not known for good WLB, there are teams where you would work 40 hours on average per week, and sometimes even less.
Go the SW Dev route first, get in with a good company, gain some experience, jump around to different companies (for salary bumps and experience) and then see if you like it. By then you’d have a feel for what type of teams and technologies you prefer working with.
Honestly, it's hard to be selective. You can really say you wanna go for one but you'll be limiting your options if you don't go for both. I did bad projects around fintech and it helped me get in with a really good company. I think unless you're skilled enough to definitely get into any company you want, just keep working on growing your skills and constantly refining your resume
Hey! Fintech is awesome, there are lots of interesting startups working on cool projects. You can work as a SWE in a fintech company, but are asking about other roles you could work in fintech other than engineering?
@@daveburji Yea in terms of fintech I was wondering more about like quant or algorithmic trading? So far all (which isn’t a lot tbh) of my experience has been in software and web development haha so I’m pretty clueless when it comes to finance stuff
pin this before this video gets millions of views
Haha why not, done! And thank you :)
This was helpful to me regarding the situation I am currently in, keep up the good work man
Thank you so much!
I would comment, the pay for some of these positions is HIGHLY dependent on location. If you’re working in tech in Silicon Valley vs the Midwest, these numbers make sense. If you’re in the Midwest, these numbers are dramatically less (generally)
Thank you for noting that! I'll add it to the description. For tech these numbers are the ballpark for Silicon Valley, Seattle, and NY, and for finance it's NY.
holy u deserve better this is my first saw of video that have a such clear table and discription!!! add oil bro and these are what I am considering!! finance or engineering Have some advice!!??? I am good at math phy so I am thinking about that so much!!!! Wait for ur reply
Hey, thank you so much! So finance and engineering are very different, the nature of work and the day-to-day will look very different. If I were in your shoes, I would first ask myself if very long hours and dealing with numbers, spreadsheets, deals, from morning to night makes sense to you. A very good way to check this is an internship.
On the other hand, engineering while can also be demanding, it's in a different way, the work is much less straightforward, and it's not about doing many things and being "on" throughout the whole day, it's more about building your technical expertise, the more you live and breath code the stronger of an engineer you will be. Again, an internship will give you a better sense!
Ideally, if you can try internships in both you will be able to make a much more informed decision, other than that, you really need to feel whether you might enjoy coding more or working around deals, numbers, and spreadsheets.
Let me know how things are going, and good luck!
This is the best short and crisp video amazingly explained
Great video!! May be interesting to see a breakdown of the rate per hr given how much more finance people work
Great Video Man, keep 'em rolling.
Thank you so much!
Wow when I checked your channel, I thought you'd have at least 10k subs
Haha thank you so much, someday :)
Don't finance and accounting people get stocks or ESOPs ?
Yeah but I believe it depends on the company.
What about someone working corporate finance at a tech company?
The pay is still good but much less since the ceiling is lower.
@@JCizzleSoCal Hey thanks for the response, can you explain on that? I am a new grad that just started in corp finance! I’m in a rotational program for finance. Thank you!!!
I am not as familiar with corporate finance, but I do know that while the initial salaries are lower, in many tech companies there are multiple levels (from entry level, all the way to director and executive levels), and the pay get substantially better in more senior roles (and the gap, relatively, closes)
Hey Dave, I'm a fourth year finance major and econ minor and I'm starting to realize that none of these high finance roles seem appealing to me. So I was considering pivoting to tech. I've done a things with code before, but nothing major. I understand how to code, but obviously to show potential employers my knowledge in this field I'll have to do more than just say i coded a flappy bird knockoff once lol. So my question is, are there any credentials I can pursue that might help me land an interview in a tech position? I plan on minoring in computer science at my university with a focus on algorithms, but if I get a job without it then that would be great lol.
Hey @alanv3185! The easiest way is to major in CS. It's not necessary but it makes things simpler. Other than that, keep getting your hands dirty, coding & working on projects!
@@daveburjiGotcha. I've been interested in cars for a while and have dreamt of designing and building my own one day. Maybe trying to code a speedo and an infotainment might be a good project for me. Thanks for the advice!
@@alanv3185please just finish your finance degree; make your money and see if your employer will pay for you to go back to school
What if you did finance/accounting in a tech company. Would you still get equity? If so would it be a comparable amount?
hey this popped up in my right feed of suggested videos :)
Currently a CS student and I’m debating between going the pure swd route or pursue something in fintech, what r your thoughts?
Hey! Fintech is awesome, there are lots of interesting startups working on cool projects. You can work as a SWE in a fintech company, but are asking about other roles you could work in fintech other than engineering?
Idk rather to go down finance or IT in college
nice vid
Thank you so much!
Nicely made vido
Thank you so much!
Damn we are extremely under paid for engineering roles in India
No wonder. You have more supplies than demand.
Perhaps American engineers are extremely over paid for their roles. In any case, salaries are determined by supply and demand in that specific market.
No you’re not. It’s because the places that pay this much, the cost of living is really high
Same in Latam :(
Same in France
Are you aware of Technology sales?
Probably it is up there at the top in Tech!
Can I work in software houses after doing fintech?
40 hours work week is also not the norm for tech
Thank you for your input, I appreciate it! From my experience, 8-hour workdays are common and normal, there are companies like Citadel where that would definitely not be the case but there are many others where you'd see the majority of employees leave after they've put in their 8 hours. Also, while a company may have a rating for their WLB in websites like Glassdoor or Blind, it can also highly vary depending on the org or the team. For example, while Amazon is not known for good WLB, there are teams where you would work 40 hours on average per week, and sometimes even less.
A 40 hour work week is very typical for tech companies of all sizes. The only deviation is towards the end of a release cycle!
Currently a CS student and I’m debating between going the pure swd route or pursue something in fintech, what r your thoughts?
You specialize several years into your career, if at all.
Go the SW Dev route first, get in with a good company, gain some experience, jump around to different companies (for salary bumps and experience) and then see if you like it. By then you’d have a feel for what type of teams and technologies you prefer working with.
Honestly, it's hard to be selective. You can really say you wanna go for one but you'll be limiting your options if you don't go for both. I did bad projects around fintech and it helped me get in with a really good company. I think unless you're skilled enough to definitely get into any company you want, just keep working on growing your skills and constantly refining your resume
Hey! Fintech is awesome, there are lots of interesting startups working on cool projects. You can work as a SWE in a fintech company, but are asking about other roles you could work in fintech other than engineering?
@@daveburji Yea in terms of fintech I was wondering more about like quant or algorithmic trading? So far all (which isn’t a lot tbh) of my experience has been in software and web development haha so I’m pretty clueless when it comes to finance stuff