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Reply to "How is every last kid going into Investment Banking?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]There's endless chatter on the front end, as these kids discuss their interest in IB, share tips and info, and otherwise chase these jobs. Some land them. Most don't. I would love to hear from that second group of kids (or their parents) about what they do instead, after the endlessly-discussed IB plan falls through. [/quote] Just had this convo with my college senior last night. Most of his friends are business. He is IR and has no desire for finance-type jobs. The kids with the IB dreams as freshman (when they barely knew what that meant) started broadening their scope to PE (ew) then now as seniors moving to wealth management when the first 2 haven't worked out. The kids who actually get the IB or other "most prestigious by name only" jobs are nepo hires. [/quote] Thanks. This is helpful. What's your son hoping to do with his IR major next year? DC is looking at IR, as well.[/quote]
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