WSJ: M.B.A.s Rethink Wall Street

According to the WSJ

Repeated cutbacks have dulled Wall Street’s luster for some prospective Masters of the Universe, in the latest reflection of the gloom overhanging the finance industry.

A Wall Street gig “isn’t as prestigious as it used to be” because the future—promotion opportunities, salary gains, even basic job security— is so unclear.

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“Students’ interest and appetite has become much, much more diverse” over the past decade, says Julie Morton, associate dean of career services and corporate relations at University of Chicago Booth School of Business.

Students are increasingly lured by start-ups and stable jobs at consumer-products firms and industrial conglomerates.

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