1. 14:04 7th May 2012

    Notes: 1

    Reblogged from dontconsultme

    Tags: funnyjobsfinance

    When a former banker friend asks if there are any openings at my firm

     
  2. 20:25 1st May 2012

    Notes: 1

    Reblogged from wheninfinance

    Tags: funnyjobsfinance

    If I have to hear another interview that someone says they want to do banking because it’s challenging

     
  3. Competition has trumped value-creation. In this and other ways, the competitive arena undermines innovation.
     
  4. (via Princeton Alumni Weekly: Where the Class of 2011 found jobs)
Figures for 3 months after graduation—I wonder why we still have more people in consulting/finance than Harvard and Yale? Despite all the whining about how we’re disadvantaged in recruiting? It’s kinda weird.

    (via Princeton Alumni Weekly: Where the Class of 2011 found jobs)

    Figures for 3 months after graduation—I wonder why we still have more people in consulting/finance than Harvard and Yale? Despite all the whining about how we’re disadvantaged in recruiting? It’s kinda weird.

     
  5. For many kids, college represents an end goal. Once you get into a good college, you’ve made it, and everyone stops worrying about you. You’re encouraged to take classes in subjects like English literature and history and political science, all of which are fine and interesting, but none of which leave you with marketable skills. After a few years of study, you suddenly find it’s late in your junior year, or early in your senior year, and you have no skills pointing to the obvious next step.

    What Wall Street figured out is that colleges are producing a large number of very smart, completely confused graduates. Kids who have ample mental horsepower, incredible work ethics and no idea what to do next. So the finance industry takes advantage of that confusion, attracting students who never intended to work in finance but don’t have any better ideas about where to go.

    — 

    Ezra Klein: Harvard’s Liberal-Arts Failure Is Wall Street’s Gain

    I always find articles in this vein highly relevant, but this one hits especially close to home, because I think Klein’s managed to articulate the reason why these jobs are so popular.

     
  6. (via Big Data’s Impact in the World - NYTimes.com)

“It’s a revolution,” says Gary King, director of Harvard’s Institute for Quantitative Social Science. “We’re really just getting under way. But the march of quantification, made possible by enormous new sources of data, will sweep through academia, business and government. There is no area that is going to be untouched.”

Rise of the number crunchers?

    (via Big Data’s Impact in the World - NYTimes.com)

    “It’s a revolution,” says Gary King, director of Harvard’s Institute for Quantitative Social Science. “We’re really just getting under way. But the march of quantification, made possible by enormous new sources of data, will sweep through academia, business and government. There is no area that is going to be untouched.”

    Rise of the number crunchers?

     
  7. On this night, though, the financiers turned it into a playful paean to their industry. (“I believe that the Lord God created Wall Street. I believe he got his only son a job at Goldman Sachs.”)

    Off-key and raucous, the financiers raised their voices once more.

    “I work on Wall Street. And Wall Street just believes.”

     
  8. image: Download

    (via Out of Harvard, and Into Finance - NYTimes.com)
“Since I’m a proud Tiger, let’s start with Princeton, which sent me data going back to 2000. The share entering finance jobs is in yellow, and I’ve included exact percentages for some of the more popular industries…”
(Catherine Rampell graduated in 2007 with a degree in anthropology.)

    (via Out of Harvard, and Into Finance - NYTimes.com)

    Since I’m a proud Tiger, let’s start with Princeton, which sent me data going back to 2000. The share entering finance jobs is in yellow, and I’ve included exact percentages for some of the more popular industries…”

    (Catherine Rampell graduated in 2007 with a degree in anthropology.)

     
  9. hahahahahaha

     
  10. UPDATE TO PREVIOUS POST

    Update to previous post about Occupy Princeton mic-checking a JP Morgan TSS info session: currently in Friend Center printing out some stuff, spotted 2 Public Safety officers along with the head of Career Services, Beverly Hamilton-Chandler, hanging out near the Goldman Sachs investment banking info session.

    THIS JUST GOT REAL.