Contrast in generations
My MD told me a few weeks ago that he stumbled into banking, he worked as a cab driver in San Francisco for 4 after graduating and becoming a hippie and didn’t start banking til he was 30. Now you have to have multiple IB internships, strong GPA and go to at least a semi target. What gives?
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Everyone and their sons want to be in banking now. Don’t you see the high schoolers posting on here?
Higher competition for college entry, finding internships and full time jobs.
Additionally, CoL has increased faster than wages, so people need to start earning and saving earlier
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