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?

4 Comments
 

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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