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What would be a reasonable salary range to expect? What is the long-term potential?
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Adam Govani
Financial Advisor, Certified Financial Planner
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Adam’s Answer
Hi Laurelyn,
You'll find it varies based on where you live. In the SF Bay Area, compensation is a lot higher due to the increased cost of living (especially housing). The most important thing to consider is how much you're making relative to the cost of living.
That said, compensation range wildly in the field of finance. Payment may also be in different forms (salary, bonuses, etc.). My best advice would be to find a place where you can (a) live on the money you make and (b) get an incredible amount of experience. There's plenty of money to be made in finance, and focusing your first few years on really getting good experience will pay off immensely. I would also say this broadly applies to most jobs -- you have to be able to live, but don't focus on the highest number. Future you will make that money back later with all the experience you receive.
You'll find it varies based on where you live. In the SF Bay Area, compensation is a lot higher due to the increased cost of living (especially housing). The most important thing to consider is how much you're making relative to the cost of living.
That said, compensation range wildly in the field of finance. Payment may also be in different forms (salary, bonuses, etc.). My best advice would be to find a place where you can (a) live on the money you make and (b) get an incredible amount of experience. There's plenty of money to be made in finance, and focusing your first few years on really getting good experience will pay off immensely. I would also say this broadly applies to most jobs -- you have to be able to live, but don't focus on the highest number. Future you will make that money back later with all the experience you receive.
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Jordan’s Answer
If you are top student and join a top law firm, starting salary and bonus will be about $200,000 in NY.
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Richard’s Answer
Depends on the location and practice setting, eg private practice vs academic medicine.
Dermatologists can expect to make $250,000 to $500,000 per year.
Dermatologists can expect to make $250,000 to $500,000 per year.
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Thejas’s Answer
On an average a Dermatologist would make between $292,700 and $397,700.
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Estelle’s Answer
The average dermatologist in the US makes $350K a year. Most will make less this year due to COVID.
