Wall Street Not The End-All, Be-All For MBA Grads

In yet another look at how the financial downturn is changing job prospects, the NY Times reports that suddenly MBA candidates are thinking outside of the Wall Street finance firm box when it comes to post-grad careers. One Wharton student was considering rabbinical school while an NYU Stern student started a show company, "For me, the Wall Street crisis was a blessing in disguise." Harvard Business school said its job postings were down 30%, with a 40% drop from financial firms, plus " 78% of Harvard’s second-year M.B.A. students had job offers, down from 90 percent at this time last year." Another Wharton student is now looking at a job at the State Department, "A lot of my peers, we’re exploring things that we used to not even think of as an option. A finance major who was minoring in music was suddenly looking into opening a jazz club. All of a sudden, I saw that a lot of Wharton people were interesting."

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