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Bloomberg
Wall Street? A new survey shows that jobs outside of Wall Street are becoming increasingly enticing to recent MBA graduates. According to data from Training the Street, bulge bracket banks were a top employment choice for just 19 percent of respondents. A drop of 7 percent from last year is also the lowest level in the eight-year history of the survey.
“Banks are still a dominant hiring force for MBAs and continue to attract top talent, but working for larger, established companies off of Wall Street is becoming more attractive to MBAs as they offer a different type of lifestyle,†Scott Rostan, founder and CEO of Training The Street, a company that offers technical training to financial firms and B-schools, said.
The survey included more than 200 recent graduates.
Other employment options included consulting firms at 20 percent, corporate development at a Fortune 2000 company at 13 percent and boutique banks at 12 percent.