Thursday, May 30, 2013

Harvard Grads Taking Wall Street Jobs Rises

From Bloomberg: The number of Harvard College’s graduating seniors going to work on Wall Street increased to 15 percent this year from 9 percent last year, according to an annual survey. Even with the increase, the figure is still down from before the global credit crisis when, in 2007, 47 percent of the graduating class said it was taking jobs in finance, the Harvard Crimson reported yesterday. The student newspaper’s survey of 780 students -- almost half the graduating class -- took place May 11 to May 21 and included questions about drinking and drug use and cheating on exams.

The survey found that 61 percent of seniors have jobs lined up, while 18 percent are going to graduate school. The rest are undecided, or plan to travel or pursue fellowships. The most popular industry is consulting, with 16 percent saying they will be working in that field. The most lucrative is finance, with 21 percent of respondents saying they will earn more than $110,000 to start….

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