Bi writes: It used to be more than one in four Wharton grads
took jobs at investment banks. That number plunged to 16 percent in 2012.
According to the Financial Times, greater job insecurity in
an industry struggling to adapt to regulatory change is driving MBAs away from
investment banks. Grads are seeing more promise in private equity right out of
school instead of after spending two years at a bulge-bracket bank.
The turbulence is evident in Goldman Sachs' decision to end
its two-year graduate training program in September. The bank will use
open-ended hiring for recent grads in hopes of securing a workforce that won't
defect….
Read more: http://www.businessinsider.com/grads-turning-backs-on-wall-street-2012-10#ixzz284Ozl9HV
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