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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