Just out of curiosity, where do those people who don't do well in college and basically half ass their way to a finance degree go? I've talked with some people in finance (albeit not high up) and they said they go into operations and/or the same jobs as people who do do well but at a smaller, lesser known smaller pool of talent places and that these jobs have a much longer rate of career progress (e.g. instead of 3 years to xxx at a big 4, it takes longer than that)
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the unemployment line
Accounting is a far more useful degree and probably prepares you better for Corp fin.
They work for commercial banks or small accounting firms.
they sit on WSO while waiting for the financial field to get outta the shit pot/ contemplate life and what other fields they can take their talents to because they've worked way too hard to settle as a bank teller or some stupid BO at a HF gig (jk, thats just me)
Yeah, unemployment and retail banking (ie cashing your paychecks) about sums it up. Though I do know one such underachiever who's going to do entry-level corp fin at Burger King! I am sure prosperity awaits him.
There's no way they could get into operations. Ops typically requires a technical background, not business - think engineering or cs. Most bankers aren't qualified to do operations.
Depends how badly they want to break into the finance world. Either they make it or they don't .
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Big 4.
^ Damn, now I'm scared about my upcoming BO SA.
some go to BO. others to maybe a small consulting firm.
Middle office for Jefferies' Agency Desk.
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