“People always said that I was going to take a giant pay cut when I got out of the military and I thought, 'Nah - there's no way, I'm going to go into Wall Street... there's no pay cut.' There is a pay cut! I started off and had no experience in finance so I took an analyst role. And I took a significant pay cut. And I was paying for my own health care and my own taxes... it all adds up."
– Vic Perez
Vic Perez graduated from the Naval Academy with a BS in Economics with Merit. He served in the Navy for 6 years - first as an officer onboard nuclear submarines as part of the crew of the USS Cheyenne, and after that as an instructor at Notre Dame. While at Notre Dame, Victor somehow found the time to earn his MBA from The University of Chicago Booth School of Business with an emphasis on Finance. Not only did he do that while teaching at Notre Dame…he did it in just two years instead of the traditional 3. Vic now works in the Financial Services Industry with Wells Fargo as part of their new Veteran Internship Program. His current role is as a Credit Derivative Swap Trading Analyst
In this conversation, we cover a lot of topics, including:
QUESTION OF THE DAY: How can I make these episodes more valuable to active duty military personnel considering transitioning to the civilian world? Please let me know in the comments.
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