Word: soiferã
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This year, 28 percent of the Business School’s graduating class entered “market-sensitive” sectors, which include investment banking, hedge funds, and private equity, among others. That is down from a record high of 41 percent in 2008, according to Soifer??s report...
According to Soifer??s research, the indicator reached its all-time low in 1937, when only 1 percent of graduates went to work on Wall Street...
...bought stocks in the fall of 1937, you’d have done pretty well since,” Soifer??s report said...
...said that Soifer??s patterns stem from the fact that Harvard grads’ career decisions reflect broader market dynamics. “MBAs are like very well-paid sheep,” Gross said. “They move in herds...
Kenneth A. Froot, who is Jakurski professor of business administration, wrote in an e-mail that he finds Soifer??s analysis “wonderfully amusing.” But he advised that “anyone who would take this into account when making career decisions should spend some serious time in career counseling therapy...