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Reply to "How is every last kid going into Investment Banking?"
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[quote=Anonymous][quote=Anonymous]No it's all the smart, FGLI (first gen low income) kids on Reddit too. Take some time and read--they ALL want to go into investment banking. The in vogue career path has turned from computer science to econ/banking in the first gen/immigrant crowd. The reality is that few of these kids will make it as it's not a meritocracy.[/quote] FGLI kids will struggle to succeed without the right mentorship early on. Not because they are not smart enough, but because they will not know the social norms all these private school 1% kids know. Plus things like going to firm golf outings, worldly experiences to chit chat about like traveling to Europe, what to wear, how to behave at fancy restaurants, cocktail parties etc. Other kids have been playing golf, traveling, eating at the country club or 5* restaurants their whole life. They don’t even think twice about what to wear to a dinner or conference. It is just natural. [/quote]
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