Is technical marketing or a technical consulting career better than investment banking or a finance career for a computer engineering graduate?

Question:

Is technical marketing or a technical consulting career better than investment banking or a finance career for a computer engineering graduate?

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Answer:

From a salary and career growth standpoint, both are very similar. In this case, the decision ultimately depends on which career interests you more: technical consulting or investment banking.

According to PayScale, the average technical marketing engineer earns an annual salary of approximately $99,273. This figure also includes a bonus of $10,111, a commission of $32,500, and profit-sharing of $7,122. Some of the most popular skills for this occupation include product marketing, technical sales, engineering design, technical writing, and project management.

On the other hand, PayScale reports that the average investment banker makes an annual salary of approximately $100,402. This figure also includes a bonus of $24,556, a commission of $90,000, and profit-sharing of $8,500. Some of the most popular skills for this occupation include financial analysis, financial modeling, mergers and acquisitions, investment management, and banking.

Both occupations offer very similar salaries and career growth, as the high-end pay for an experienced individual who works as a technical marketing engineer or investment banker is around $150,000 per year. However, it is important to note that investment banking is more risky than technical marketing as a significant portion of their income is from commission sales ($90,000 vs. $32,500 for technical marketing engineers). This is a factor that you may want to take into consideration when deciding.

For more information about the best finance careers for the future, check out this article: Best Finance Careers for the Future

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