From my experience in banking (close to over a year), I've seen that WSO is significantly more Republican, non-target, and full of business school students than the rest of the analysts in investment banking (which are much more heterogenous in political beliefs and predominantly come from Ivy league/stanford backgrounds).
Anyone else see this to be the case?
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This won't end well.
So exactly one year?
Lesson to op: using indefinites with indefinites is bad, it can actually definite your statement. (basically, he said = 1 year).
I can definitely see that the politics aren't as conservative, there are a surprising number of liberals on Wall Street I've come across through interviewing and daily life (not judging or saying whether it's good or bad). I also think that the reason so many non-targets are on WSO is because they're looking for advice, whereas many targets have resources on campus. Keep in mind though that you're just working for one group of one division for one bank as well, so other banks may have completely different recruiting demands, and the schools from which the older more senior members came from 20+ years ago may not be reflective of schools that have only recently gotten acceptance as target schools. Finally, it seems very apparent to me that too many people here place so much stock in undergrad business schools - like you said, so many Ivies are recruited and most don't even have undergrad business schools (Harvard in particular). An econ major or any major for that matter at a good school will get you an interview if your resume shows that you have interest in wall street and the aptitude to succeed. I think it's just the fact that it's easier to have some info that will be asked during BB interviews like basic accounting concepts spoon fed and forced down your throat via the curriculum of an ugrad b-school education, rather than having to go out of your way to learn all of these concepts on your own. In a way, using a b-school is lazy because you're tested on some of the same concepts you'll be tested on during the interview; I did it myself and I'm not saying it isn't a good way to go, but clearly you can major in other things and still end up on wall street.
I would have to agree with OP. Depends on the location though. SF and NYC, definitely. Lots of targets, lots of backgrounds, not as many b school students at the analyst level as you might expect.
My buyside firm is about: 95% target schools 90% liberals 98% non b-school students
We're perhaps a bit of an extreme case, but yes, I'd definitely agree with the OP.
and by buyside firm, you mean hedgefund
Target = Bunch of liberals who are clueless about how an economy work, bash on capitalism and yet, they want to work on the street.
F*cking hypocrites. Typical liberals.
FWIW, there are protesters on Wall Street again, and as I passed them this morning I told them to get the fuck out before they get hurt...I'm THAT fucking guy. I could probably have taken down the lot of them, but there were cops there, so not worth it. Fuckers from NYU with rich parents protesting an orphan who comes to the city to make a living....I gotta be honest, I've gone from agreeing with their intellectual points to just hating their fucking guts on a person to person basis.
Agreed. Not many preftigious bros here, but I'll happily carry that burden brothers.
For real though, most of the preftigious bros have less than 200 posts here. They don't post frequently, but they are here. Everyone reads the old WSO threads related to PE & HF recruiting.
As someone from a semi-target business school, I am honored to post in this thread and in your presence.
non-target democrat here, don't work on wall street. i guess you're right?
state school kids dominate where i work...guess im in the wrong bank
Put that in your pipe and shmoke it
Why are you spelling prestigious like that?
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