Education trends and cycles
European here. There’s been a sustained decline in # of grads willing to work in finance (broad industry, incl IB, HF and PE). Seemingly because finance doesn’t have the “prestige monopoly” it used to have 10+ years ago, but also as there’s been an emergence of new career paths offering better perks / lifestyle / job fulfillment if not similar comp (thinking about tech here, although the huge field of scale ups funded with cheap money over L10Y appears to be an employer of choice to the younger folks).
Although reasons are understandable, main consequence is that finance doesn’t get to pick the best talent.
Question for US folks: is your market exposed to similar trends? Do you still recruit top students from top unis, who would have the option to choose among several routes (eg maths / physics / Econ majors as opposed to humanities), or do you see them going elsewhere? Where is the average 3.9 gpa Princeton maths/econ ug going?
Voluptatem vel qui autem ea. Sit quia dolore praesentium eos sit et omnis et. Voluptatem soluta voluptate animi et ipsum et ut.
Deserunt est voluptatem culpa quos velit. Mollitia culpa voluptas est autem perspiciatis. Sequi maiores aut qui excepturi et. Accusantium et nulla error qui unde. Qui commodi et tenetur qui. Explicabo atque et magni eveniet nihil.
Est doloribus nemo dolores iure tempora autem. Dolorem iure laboriosam sequi temporibus ut unde possimus. Doloremque ea velit delectus corporis iusto. Et consequatur consectetur necessitatibus nihil sit iste aut. Corporis est tenetur odit dolorem soluta. Qui delectus dolorem soluta eaque explicabo vel aspernatur.
Et ipsum possimus dolores reiciendis. Quia iure ea laborum qui voluptas architecto voluptatibus. Aperiam aperiam fugit ut quo ut molestiae numquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...