Bloomberg recently published an article (“Hedge Funds Hire From Wall Street as Jobs Disappear, Pay Falls“) about forty-five investment bankers who have left for hedge funds and private equity firms, as traditional i-banking businesses have softened. While the article may raise the anxiety levels of those seeking to enter banking, one line in particular should … Read More
We decided to launch the compensation report, so that aspiring MBAs could follow both short and long term trends in this area, helping candidates understand one of the important variables in choosing a future career path. One trend that seems to be causing increasing consternation in the media, but shows no sign of abetting in … Read More
Yesterday morning, Smart Cube, a firm which supplies the financial services industry with research and analytics, announced the results of a survey of recruiters in the financial field. Smart Cube asked recruiters in London and New York for their opinions on hiring trends and found that they were virtually unanimous in expecting compensation to drop … Read More
Today, we start a new series on the MBA Mission Blog: “The Compensation Report.” Unlike our “Mission Admission” and “Monday Morning Essay Tip” features, which appear weekly, the Compensation Report will be posted less predictably, due to the fact that it is more dependent on news than opinion. While candidates have many reasons for pursuing their … Read More
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