Why is it harder to get a job in London?
Why’s it harder to get a job in London? Is it because the system is more meritocratic or because there are fewer spots, or something else?
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Nepotism, as well as extremely low educational / technical requirements, which make it quite difficult to differentiate.
Still not as bad as France though.
Why is it more difficult in France?
I thought London groups only hire from a handful of schools?
Because they only have a handful of good schools
I’m thinking there are more students who want to do finance there than in the US
1) Continent is in decline alongside annual deal value/volume, leading to lower headcount needed
2) Banks starting to move IB jobs to Continental Europe. GS has now sector teams based in Paris, FFM, Milan. FFM is now a big hub for BofA
Fewer spots and not necessarily a lot of openings for people with no connections to get in.
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