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Recruiting: The Seeds of A Dream

• There were several top banking firms that only took graduates from prominent business schools.

• New graduates came in as either analysts or associates, and they toiled for vice-presidents and managing directors.

• Analysts were the lowest at an investment bank. Grads with bachelor's degrees labor two to three years, they labored under harsh and abusive conditions.

• Many left to get their MBAs and return as Associates with higher salaries.

• Vice-presidents and managing directors formed the upper echelons of the investment banking pyramid. There were not many vp and managing directors.

• John Wolfe graduated from Wharton and Peter Troob from Harvard.

• Rolfe had no banking experience while Troob had has some banking experience.

Interviews and Ecstasy

• The summer after a master's program is very important. Grads had to get a job with a company to ensure their future jobs.

• Troob and Rolfe relay personal...

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