Dear MBA Hopefuls, Give Up Your Wall Street Dreams
That's what a recent Forbes article suggests. The story, titled "It's a Good Time To Go To A B-Level B-School," reports that students at top tier B-schools aren't getting Wall Street job offers. Not surprising. I could feel that tension at the Wharton Conference last month, where the ratio of MBA students to PE pros was about 10 to one, and every student's eyes were darting from nametag to nametag in a desperate frenzy for a potential employer to stalk. What surprised me from the article, though, is the fact that job acceptances at regional business schools like Northeastern and University of Wisconsin-Madison School of Business are actually up over last year's rates. With Wall Street jobs evaporating, students at less prestigious schools than Wharton, Harvard, or Stanford, are the ones finding jobs.
