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by yodsanklai 4415 days ago
> They're going because they hate risk and are terrified about what to do next and Wall Street has figured out a way to calm their anxieties.

Isn't it a bit far-stretched. It's clear to me they're going because it's by far the most lucrative path. It's not surprising that 1/3 of ivy grads are looking to make as much money as they can.

> Being a young banker seems like an incredibly miserable existence.

When I graduated, many of my school mates went to work in the financial industry (not investment banking though) and they didn't look miserable to me. Retrospectively, it looks it was a good career choice.

This article sounds biased. It'd be interesting to have a more objective account about this type of jobs.