Bloomberg News reports that according to data from Training the Street, bulge bracket banks were a top employment choice for just 19 percent of respondents. Not only is that a drop of 7 percent from last year, it’s also the lowest level in the eight-year history of the survey.
“Banks are still a dominant hiring force for MBAs and continue to attract top talent, but working for larger, established companies off of Wall Street is becoming more attractive to MBAs as they offer a different type of lifestyle,” Scott Rostan, founder and CEO of Training The Street, a company that offers technical training to financial firms and business schools, said in a statement.
The survey, conducted in June, included more than 200 recent graduates.
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