Executive Summary
Choosing your first job can be daunting, since this decision forms the foundation of your career path and directly impacts lifelong earnings. The author applies the basic tools of risk management to understanding, evaluating, and weighing the merits of various job opportunities. By understanding how idiosyncratic and systemic risks affect one’s wages, and by rating different types of companies as the equivalent of growth stocks or value stocks, one can create an individual career plan to take the right risks to earn the desired rewards. By setting clear…
