You might think current undergraduates would flee from pursuing a job in investment banking in this environment, right? But some forward-thinking grads see a silver lining amid the clouds, according to online financial forum WallStreetOasis.com
Although the number of grads applying for investment banking jobs is down and students showing up at campus events are dwindling, those who are most determined to enter banking see the downturn as an opportunity for the future. “Once the economy gets better 2-3 years down the road, there will be less people competing for a greater amount of [deals]” according to one post. Many undergraduates remain bullish on high finance and recognize the cyclical nature of the industry. Those who can fight their way into the industry now may be ideally positioned in the future.