Word: financees
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Fewer Harvard Business School students are entering careers in finance, a sign that global stock markets may be leveling off, according to the latest report of an HBS alumnus who correlates MBA career choices with long-term market performance.
The annual Harvard MBA Indicator, compiled by financial consultant and HBS graduate Ray Soifer, advises investors to sell when 30 percent or more of the Business School class enters finance and encourages investors to buy if 10 percent or fewer enter the sector.
As more and more HBS students have been attracted to finance, the study has largely reported sell signals over the past decade. They were seen in 2000-2002 and 2005-2008. The years 2003 and 2004 were neutral.
Finance Committee Chair Amanda Lu ’11 estimated that without the partnership, each of the 12 shows would apply for grants individually at a total cost of about $26,000 over the next three to five years.
What reform could dramatically remake America and become law by Christmas? Not health care. While a health care bill crawls through the Senate, bills of equal significance are speeding through the Banking and Finance committees of both chambers of Congress and will share the spotlight this week on Capitol Hill...