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[quote=Anonymous]Banks and consulting firms (especially consulting firms) used to just go for intellectual horsepower, and would take anyone who they thought was very smart, regardless of major. They had great training programs so would teach you what you needed to know. Consulting firms in particular prided themselves on trotting out people with non-traditional backgrounds. I had good friends who were bio, history, English majors who did very well at MBB and other top firms, and a friend who was an English major who was basically afraid of numbers who went into sales and trading at a top bank.

Unfortunately now they are less willing to do this. Realistically they could still do fine at a bank. But there are so many kids applying that it isn't worth it for the banks to figure it out.

And to the posters who are obsessed with the quant shops - this is an incredibly narrow minded view of how Wall Street works. Yes, those jobs are great, but I guarantee that half the people posting this know absolutely nothing about it and just read it in an article somewhere. One can do extremely well in traditional I-banking (particularly leading to top PE), there are a lot more of those jobs, and they tend to reward people skills more so you might end up working with more interesting people than quant nerds.[/quote]

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