We get it, you have a cell phone.

Gang, I want you to meet Ben Bloomfield, a first-year at University of Virginia’s Darden School of Business. Why is Ben so excited to be holding a phone to his face that presumably has no one on the other line? I’m guessing it has to do with the fact that Ben’s pretending his new colleague, Brian Moynihan, is on the other line, talkin’ deal-making, acquisitions, and lunch with Angelo Mozilo, cause Mr. Bloomfield? Just scored himself a summer internship at Bank of America. This is apparently not an isolated incident: Kwame Yankson, who last year had to settle working for an education nonprofit organization but come this June will be able to proudly tell people he’s a member of the Wells Fargo team. And they’re not alone.

With banks climbing out of the recession, more business students across the country are finding banking jobs and internships, enrolling in finance clubs and going on class trips to Wall Street, universities say. “The banks this year kept saying, ‘It’s a good year,’ ‘We just approved a lot of hiring,’ ‘The market is clearing up,’ ” Mr. Yankson said. “It was a completely different experience.”

Exciting! But how do these MBA’ers deal with their peasant friends who just don’t get it?

…in interviews with two dozen students and administrators at several business schools across the country, there was growing optimism about banking jobs. Many students said Wall Street remained a dream destination, even if they occasionally had to explain their dream to friends.

“The answer is the level of knowledge that can be gained at such a young age,” said P. J. Martin, a first-year M.B.A. student at the University of North Carolina who is interning at Barclays Capital next summer, explaining his interest in investment banking. “You have access to top-level management, to the top minds in the finance field.”

And if all else, fails, they’ve got a plan.

Ben Phelps, an M.B.A. student at Duke who is going to work for Bank of America Merrill Lynch after graduation, was shouted at by a stranger on Wall Street during a summer internship. He and his classmates joke that they would sooner describe themselves as “bank tellers” than “investment bankers.”

Comments (15)

  1. Posted by Magicube | March 8, 2010 at 12:32 PM

    Yes, I can read it, and you did win.
    I was hoping for more MBA whining like we saw a couple of years ago. The schadenfreude is never sweeter than when someone who’s purpose is to make money beget more money without adding any value whatsoever cannot find or loses a job.

  2. Posted by Tax Chick | March 8, 2010 at 1:52 PM

    Unfortunately, being able to read it some 3 hours after it is posted is probably more akin to losing at the Special Olympics of Blogging.

  3. Posted by Bess Levin | March 8, 2010 at 2:01 PM

    @TC I’ll drink to that.

  4. Posted by Anonymous | March 8, 2010 at 2:24 PM

    Unemployment > Wealth Management

  5. Posted by Mitch Cumstein | March 8, 2010 at 2:27 PM

    The tie says, “Yeah, mum sends nurti-grain bars through USPS every second Tuesday,” while the spiked hair says, “Yes, I find health care equity analysis to be quite riveting, and would greatly appreciate the chance to exhaust my right index finger via the scroll feature on my mouse.”

    Also, what the fuck does a field trip to Wall St. mean??? Are they physically standing at Broad and Wall breathing through their mouths? Rubbing the side of 383, as if it were a wounded animal?

    Color me confused.

  6. Posted by Anonymous | March 8, 2010 at 2:36 PM

    love the caption Bess.

  7. Posted by Anonymous | March 8, 2010 at 2:42 PM

    Duplicate comment detected; it looks as though you’ve already said that!

    You are posting comments too quickly. Slow down.

  8. Posted by guest | March 8, 2010 at 2:57 PM

    It’s a little bit funny that these guys are excited about such heavy hitters as BoA and Wells Fargo.

    I hear that Jeffries is hiring too, although it may be a bit out of their league.

  9. Posted by 2StopShop | March 8, 2010 at 3:29 PM

    Worst. Tie. Ever.

  10. Posted by Ass_ociate | March 8, 2010 at 3:44 PM

    Bess, you complete me. Even when you’re too drunk to post or the IT guys are too drunk to code, I always know you’ll come back to us with a gem like this one. And the LvP twitter is hilarious.

  11. Posted by Guest 5 | March 8, 2010 at 4:41 PM

    She looks so butch dyke in that pic

  12. Posted by G. Soros | March 8, 2010 at 5:49 PM

    enjoy it while you can. the double dip is gonna be a bitch.

  13. Posted by advice | March 8, 2010 at 9:58 PM

    Seeing the picture of the people that hired this guy would just add to the story.

  14. Posted by Anonymous | March 8, 2010 at 10:46 PM

    These cats will definitely end up at Geoffrey’s

  15. Posted by LemonMeister | March 10, 2010 at 9:53 PM

    Tim Robbins little brother?

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