Reply to lafayette and outcomes for econ major?

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[quote=Anonymous][quote=Anonymous]Agree with PP.  Lafayette is a great school and fits the right caliber of kid.  But that caliber of kid isn’t getting like some ridiculous big hedge fund job right out of college unless their uncle runs one.  The unhooked quant kid from mit is or the athlete who is also smart from Harvard is.   They being said they can get a good starter job in finance or Wall Street and work their way up.   They’ll end up as like an analyst at JP Morgan.  A great first job but not prestige.  [/quote]

Your comment about "an analyst at JP Morgan" is one of the dumbest things I have read here. An investment banking analyst at JPM is a very, very highly desirable job that kids from top Ivies would kill for. The fact that you wrote that shows how far removed from Wall Street you are - I'm sure you can name drop Jane Street and Citadel and act like you know what you are talking about but you don't.

The issue is that there are different levels of entry level jobs on Wall Street. Top groups go to Ivies and such. But there are plenty of kids from places like Lafayette who still end up at big banks, just possibly not in the most selective areas. But these are still great jobs that pay well and have a nice career path. And once in a blue moon a well connected kid or one who just plays their cards right will truly excel and can move to the top. Or one can also make a very nice living away from Wall Street doing internal finance at a corporation, FP&A, or something of the sort. Not everyone has to be a master of the universe. In fact, many people live much happier lives not doing that.[/quote]

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