Blog

Compensation Report: Against Odds, Some Grads Find Wall Street Jobs

Recent news coverage about Wall Street banks have focused mainly on layoffs and government bailouts. And while it is true that thousands of finance jobs have been lost in the past year, the CNN article “Against Odds, Some Grads Find Wall Street Jobs” spotlights recent MBA graduates who have been able to find finance jobs.

The article profiles Mohamed Desoky, a recent MBA graduate from Emory University who will join the Royal Bank of Canada’s New York office as an investment banker. Mr. Desoky worked hard to turn his summer internship at the bank into a full-time position. He went through 48 interviews with many banks to get that internship and even arrived to work one week earlier than expected in order to shine. The article also references John Challenger, CEO of the outplacement consulting firm Challenger, Gray & Christmas, who says, “those who defy the statistics do so by remaining positive and hopeful. They also have to be flexible.”
 
Although the financial sector is struggling, jobs are still available for recent MBA graduates. Finding them might take a little longer and require a bit more work than in past years, but as Mr. Desoky’s experience demonstrates, getting a finance job after business school is nevertheless possible.



onTrack by mbaMission

A first-of-its-kind, on-demand MBA application experience that delivers a personalized curriculum for you and leverages interactive tools to guide you through the entire MBA application process.

Get Started!


Upcoming Events


Upcoming Deadlines

  • Columbia J-Term (Round 2)
  • Cambridge Judge (Round 1)
  • HBS (Round 1)
  • Penn Wharton (Round 1)
  • Notre Dame Mendoza (Early Decision)
  • Virginia Darden (Early Decision)
  • Michigan Ross (Round 1)
  • Columbia (Round 1)
  • INSEAD (August Intake)
  • Stanford GSB (Round 1)
  • Yale SOM (Round 1)
  • Northwestern Kellogg (Round 1)
  • Berkeley Haas (Round 1)

Click here to see the complete deadlines


2024–2025 MBA Essay Tips

Click here for the 2023–2024 MBA Essay Tips


MBA Program Updates

Explore onTrack — mbaMission’s newest offering allowing you to learn at your own pace through video. Learn more