Top Colleges for Wall Street Jobs

[Anonymous]

Anonymous wrote:Links not working. This chart was good:

https://www.koppelmangroup.com/blog/2023/3/15/best-undergraduate-colleges-for-investment-banking-jobs

It's not scaled so it's basically meaningless.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why do people want these jobs? Lots of money? Really??? Sounds boring. There are so many better and more interesting ways to contribute to society and make a good living.

If you aren’t inheriting money, it’s the easiest way to afford “that life” (large well decorated/maintained house; summer beach home; private school; 1 ski vacation, and 1 spring break vacation and maybe Europe every other year for family trips to make memories and traditions; luxury cars; lots of help for a frictionless life) with limited money problems.

I’ve been there.
One of these jobs changed my life (from lmc to HHI of 4-8M per year)…..it’s much easier.

Pretty much this. Life is a lot more pleasant when you're rich. It's not a surprise that a significant percentage of graduates from top schools go into finance or consulting. It might be boring. It might be soul-sucking. But unless you come from family wealth, you wouldn't turn it down either.

I definitely would, and did, turn it down. Many people do. And I don't come from a family of wealth either.

What do you do to make your professional contribution more impactful to the society and more fulfilling to you personally? Just curious.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Links not working. This chart was good:

https://www.koppelmangroup.com/blog/2023/3/15/best-undergraduate-colleges-for-investment-banking-jobs

It's not scaled so it's basically meaningless.

Exactly. That’s why this has the big publics and largest Ivies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Links not working. This chart was good:

https://www.koppelmangroup.com/blog/2023/3/15/best-undergraduate-colleges-for-investment-banking-jobs

It's not scaled so it's basically meaningless.

Exactly. That’s why this has the big publics and largest Ivies.

Look at the other links. From the other post….


Excuses…

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Links not working. This chart was good:

https://www.koppelmangroup.com/blog/2023/3/15/best-undergraduate-colleges-for-investment-banking-jobs

It's not scaled so it's basically meaningless.

Exactly. That’s why this has the big publics and largest Ivies.

Look at the other links. From the other post….


Excuses…

Exactly!

[Anonymous]

Are good students from great colleges still going into banking? With a lot less hiring in the industry, I wouldn't get too set on it. There have been lots of layoffs too. Do something else, go to b-school, and then get into PE or VC. Don't waste your time with banking out of undergrad. From a skill development standpoint, most entry-level jobs are not going to do much for you.

[Anonymous]

As far as I can tell, bankers are still financing deals and working with startups and owners and big companies and small companies to grow them and sell them and restructure them, etc. Being a banker straight out of college is an excellent way to dive into the world of business and finance. You learn a lot and then most go in to apply what they learned in adjacent fields.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why do people want these jobs? Lots of money? Really??? Sounds boring. There are so many better and more interesting ways to contribute to society and make a good living.

If you aren’t inheriting money, it’s the easiest way to afford “that life” (large well decorated/maintained house; summer beach home; private school; 1 ski vacation, and 1 spring break vacation and maybe Europe every other year for family trips to make memories and traditions; luxury cars; lots of help for a frictionless life) with limited money problems.

I’ve been there.
One of these jobs changed my life (from lmc to HHI of 4-8M per year)…..it’s much easier.

Pretty much this. Life is a lot more pleasant when you're rich. It's not a surprise that a significant percentage of graduates from top schools go into finance or consulting. It might be boring. It might be soul-sucking. But unless you come from family wealth, you wouldn't turn it down either.

Pleasant and soul-sucking don’t generally go hand in hand. “That life” described by the PP is all about outward appearances. None of that stuff actually makes people happier.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why do people want these jobs? Lots of money? Really??? Sounds boring. There are so many better and more interesting ways to contribute to society and make a good living.

If you aren’t inheriting money, it’s the easiest way to afford “that life” (large well decorated/maintained house; summer beach home; private school; 1 ski vacation, and 1 spring break vacation and maybe Europe every other year for family trips to make memories and traditions; luxury cars; lots of help for a frictionless life) with limited money problems.

I’ve been there.
One of these jobs changed my life (from lmc to HHI of 4-8M per year)…..it’s much easier.

Pretty much this. Life is a lot more pleasant when you're rich. It's not a surprise that a significant percentage of graduates from top schools go into finance or consulting. It might be boring. It might be soul-sucking. But unless you come from family wealth, you wouldn't turn it down either.

Pleasant and soul-sucking don’t generally go hand in hand. “That life” described by the PP is all about outward appearances. None of that stuff actually makes people happier.

It makes me happier. I have that life.

[Anonymous]

Anonymous wrote:Are good students from great colleges still going into banking? With a lot less hiring in the industry, I wouldn't get too set on it. There have been lots of layoffs too. Do something else, go to b-school, and then get into PE or VC. Don't waste your time with banking out of undergrad. From a skill development standpoint, most entry-level jobs are not going to do much for you.

Many smart kids don't really know what they want - so might as well find jobs that pay the most.

[Anonymous]

When I grow up a want to be a douche bag who sells out the working class just like you all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why do people want these jobs? Lots of money? Really??? Sounds boring. There are so many better and more interesting ways to contribute to society and make a good living.

If you aren’t inheriting money, it’s the easiest way to afford “that life” (large well decorated/maintained house; summer beach home; private school; 1 ski vacation, and 1 spring break vacation and maybe Europe every other year for family trips to make memories and traditions; luxury cars; lots of help for a frictionless life) with limited money problems.

I’ve been there.
One of these jobs changed my life (from lmc to HHI of 4-8M per year)…..it’s much easier.

Pretty much this. Life is a lot more pleasant when you're rich. It's not a surprise that a significant percentage of graduates from top schools go into finance or consulting. It might be boring. It might be soul-sucking. But unless you come from family wealth, you wouldn't turn it down either.

Pleasant and soul-sucking don’t generally go hand in hand. “That life” described by the PP is all about outward appearances. None of that stuff actually makes people happier.

It makes me happier. I have that life.

+2 I have that life and it is great to not have to worry about paying fir your kid’s education, vacations, dinner out, car and home repairs…Life is just easier. Marriage is easier too without money woes.

[Anonymous]

Anonymous wrote:When I grow up a want to be a douche bag who sells out the working class just like you all.

Stop being jealous.

If you were smarter you could’ve found a job making more than $170,000 as a 45 year old. But you weren’t thinking strategically.

Don’t blame people who thought strategically and now are the same age as you and retiring from these “soul sucking jobs” to start a 2nd career to do something to benefit the world or maybe to do nothing at all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why do people want these jobs? Lots of money? Really??? Sounds boring. There are so many better and more interesting ways to contribute to society and make a good living.

If you aren’t inheriting money, it’s the easiest way to afford “that life” (large well decorated/maintained house; summer beach home; private school; 1 ski vacation, and 1 spring break vacation and maybe Europe every other year for family trips to make memories and traditions; luxury cars; lots of help for a frictionless life) with limited money problems.

I’ve been there.
One of these jobs changed my life (from lmc to HHI of 4-8M per year)…..it’s much easier.

I was LMC and pursued a “purpose” — so dumb and regret it every day. Went to a finance feeder and $50k/ year sounded like mad money anyways.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why do people want these jobs? Lots of money? Really??? Sounds boring. There are so many better and more interesting ways to contribute to society and make a good living.

If you aren’t inheriting money, it’s the easiest way to afford “that life” (large well decorated/maintained house; summer beach home; private school; 1 ski vacation, and 1 spring break vacation and maybe Europe every other year for family trips to make memories and traditions; luxury cars; lots of help for a frictionless life) with limited money problems.

I’ve been there.
One of these jobs changed my life (from lmc to HHI of 4-8M per year)…..it’s much easier.

Do you earn $M or you married a breadwinner you met while working finance?