Princeton's Budding Bankers Claim To Not Be Going Into Finance For The Money

Publish date:

The Daily Princetonian is running a very exciting 3-part series on "careers in investment banking and consulting." The first article ran earlier this week. The topic was bull shit. Specifically the bull shit lies college students tell to make them feel better about their life choices.

Such as:

"Money is an attractive factor, but it’s not the real reason people go into an investment bank,” said Rebecca Yu ’11, a physics concentrator who applied for an internship at Goldman Sachs this summer. “I think — at least, I hope — that people do it because they’re genuinely interested in [investment banking].”


"I mean, sure, if some people do it [for the chedder], fine — but that’s definitely not why I’m doing it,” Timothy Koby ’11 explained.

Also good:

Operations research and financial engineering professor Alain Kornhauser said the students he has known who entered these fields are generally genuinely interested in investment banking. “Who’s doing it just for the money?” he said. “To be perfectly frank, there aren’t that many that I have known.”

Competition For Careers [DP via Gawker]