MBA in Finance: Forget It?
In forums, chats, and emails I read a lot of speculation about the wisdom of declaring an interest in pursuing a career in finance after business school. With all the Wall St. carnage, does such a goal doom your application? Has the possibility of a career in investment banking, private equity, or hedge funds disappeared with Lehman Bros., Bear Stearns, and the money in our 401K's?
I decided to ask several admissions directors at schools noted for their strength in finance. I will be posting my question and their responses in individual posts over the next few days. There is no significance to the order in which I am posting the responses.
I found the directors' responses thoughtful and informative. I hope you will too.
Posted on Thursday, February 26, 2009 at 05:08PM
by
Linda Abraham
in Chicago, London Business School, MBA Admissions, MIT Sloan, NYU Stern, Northwestern Kellogg, UC Berkeley Haas, UCLA Anderson, Wharton, finance, investment banking, private equity
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1 Comment
Linda Abraham
in Chicago, London Business School, MBA Admissions, MIT Sloan, NYU Stern, Northwestern Kellogg, UC Berkeley Haas, UCLA Anderson, Wharton, finance, investment banking, private equity
|
1 Comment
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Reader Comments (1)
The way things are going over on this side of the pond I doubt there will be many jobs available in financial institutions at all. The government recently banned short selling for a period and are looking closely at hedge funds. The banks are not wanting to lend even though they have been given billions in tax payers money to do so.
Times are tough for the financial marketplace and I don't see any light at the end of the tunnel as yet.