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Reply to "What's the appeal of working on Wall Street?"
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[quote=Anonymous]http://washingtonmonthly.com/magazine/septoct-2014/why-are-harvard-grads-still-flocking-to-wall-street/ "Consequently, as Kevin Roose has written in his new book, Young Money, many wind up hating their jobs. Incessant Excel and PowerPoint drudgery, being on call to superiors at all hours of the night, putting in eighty to a hundred hours of work per week, traveling constantly, in the case of consulting, and feeling, overall, like a cog in a meaningless machine—all work against a balanced, productive life. The search for exit strategies becomes a preoccupation of many who take these positions." "Far more typical are students like William, a junior at Harvard who told us that before arriving on campus, he “didn’t know there were consulting firms like McKinsey or Bain. I didn’t know that there were big investment banks like JPMorgan. I didn’t know that those really existed or what they did, and that wasn’t a thing for me, something I aspired to be.”" "Of the 31 percent of graduating Harvard seniors going into finance and consulting, only 6.39 percent say that they expect to remain in those sectors (0.68 percent of those going into consulting jobs and 5.71 percent of those heading to financial services)."[/quote]
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