Meet your new recruits

I just came across this 2-year old businessweek article. It discusses students at top undergrad schools who want to go into finance after graduating and the ways in which they're preparing to strengthen their resumes. Kind of scary how ambitious and competitive these kids are. Thank goodness I'm no longer in college.

http://www.businessweek.com/magazine/content/08_2…

12 Comments
 
Best Response

This paragraph sums up just how terrible this article is:

BusinessWeekMost Globalfund partners speak a second language, Greene explains later. "We can often do more-thorough due diligence than Wall Street analysts because we can interview management in their native language." The fund's initial $800 stake in the gas company nearly tripled over four months last year, and the students sold their shares for a profit. A more recent $2,300 position in China Natural Gas has slipped slightly in value, but Greene assures the group it will bounce back soon. After graduation in May, he plans a short stint with a software company before heading to an investment banking job.

Interview management when they're making that $800 stake? Pro. Graduating to go into software and THEN breaking into banking? Nice. Makes you wonder if these kids are as amazing as the articles makes them out to be.

 

lol all they are doing is starting an investment society, but make it very selective so their prestige driven desires can be satisfied.

http://convertyourbond.com Free market commentary and trading insights to help with interviews
 

I'm from a non target and neither the students or the student-organizations listed in the article seemed impressive. The only resume that impressed me beyond belief was that girl who had that "ridiculous resume" post devoted to her achievements.

 
The Shitwhat i'd like to know is how did a sophomore get JPM's PE for his freshman summer.

take one look at his picture at the top of the article and i think you'll have your answer

 

I am shocked that this is happening at Yale of all places, who knew that Yale guys actually have testosterone? I suppose no university is safe from pre-professionalism now – not that they should be. I’ve always felt that a healthy balance between pre-professionalism and the liberal arts is necessary.

If this is what is going down at Yale, I wonder what the Wharton undergrads are up to.

 

Reprehenderit nulla incidunt delectus ullam quaerat sed. Voluptatem aut eius blanditiis dolore temporibus. Numquam velit facilis sed cumque nisi ullam.

Nemo quis sit quaerat et sed. Expedita non mollitia eius consequatur perferendis. Sunt quod facilis nobis. Qui omnis natus dolor libero. Qui impedit quas ut sed.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”