Posted on November 29th, 2011 in Uncategorized | 43 Comments »
A few weeks ago, Yalie Marina Keegan explained her ambivalent feelings about the flood of Yalies into investment banking.
Now, writing in the Crimson, Harvardian Peter Bozzo considers the same question: Why do so many smart, creative people, who never thought a bit about becoming a banker before coming to Harvard, end up doing just that?
His answer complements Keegan’s essay, which suggested that investment banks are just much, much better at
seducing recruiting young people than many other potential employers are.
Bozzo writes that Harvard, for its part, is very, very good at funneling young people towards i-banking.
…much of the answer has to do with the resources devoted to career counseling for students whose interests point them toward occupations outside the world of finance and consulting. Certainly some students enter this world because of the financial benefits, but for others it’s simply the most visible and defined career path after graduation. Students can meet with recruiters and interview on campus; the Office of Career Services provides extensive counseling for undergraduates pursuing finance or consulting careers….
As much as she has prioritized anything, Drew Faust has emphasized a re-orientation of Harvard students away from reflexive entry into finance and towards a greater diversity of occupations. Sounds like reorienting the Office of Career Services might be a tangible way of making that happen…