Reply to Kid wants to work on Wall Street

Forum Index » College and University Discussion

Reply to "Kid wants to work on Wall Street"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am a former investment banker. Not to be a snob, but the number of people who say they "work on Wall Street" and/or are "bankers" who are in middle office or back office jobs is huge. A huge percentage of the people at big banks are not generating any revenue. If you are not generating revenue, you are nobody. The revenue generators treat you like garbage. An MD in a revenue area makes a lot more than an MD in a non-revenue area. There is a lot of nuance.

But when you talk to your friends who aren't on Wall Street, they will think you are a big hitter. Especially if you tell them you work on Wall Street and act like you know about wine, golf, travel, and watches.[/quote]

This. Hence the “Bucknell has a pipeline to the street” comments. Nothing wrong with middle office or commercial/private banking arms, but it isn’t all one and the same.[/quote]

A middle office career on Wall Street is a dream for many kids.

I don't know the answer, but does a middle office career help you with placement following an MBA?

Years ago, my friend got an MBA at CMU and he said that the only kids struggling to get offers were former attorneys.

Trying to imagine what kid "dreams" of having a middle office role on Wall Street.

[/quote][/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics