Alternatives to Typical Path as a result of Crisis
I imagine this topic was posted at some point in time, but I was unable to find anything on it. I, like many undergraduates, was and still am aspiring to work in the investment banking division for a BB bank. However, now that a few of the biggest players are gone,and with citi hanging on for dear life, I have come to the realization that getting a job with the remaining BB banks will be nearly impossible. I am still interested in the field and hope to enter it as soon as I am accepted. In the meanwhile, I was curious if people had any ideas for alternatives for summer internships that are related to the field and could help down the line. I thought working for the Fed would be a cool and interesting alternative, but was hoping people could shed some light on this for me. Thanks, much appreciated.
search the forums, people have been talking about this forever. in short...yeah anything finance related (mm/regional ibanks, mm pe, hedge funds, corp finance, etc), or corp dev at a major firm, do an mba then get in as an associate.
i agree with the above post, and would also add consulting and working for the fed like you said
I think that under the circumtances like this, choose MBA or PhD will be a better idea. After graduation, the crisis would pass and fine a job in IB or consulting field.
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