Firms that specialize in investment banking, sales and trading, and investment management hired fewer Harvard MBAs in 2013 than they did the year before.Ĭonsulting firms are enjoying the benefits of the shift, where roughly one-quarter of Harvard MBAs have found work. The biggest falloffs are occurring in the areas that you’d likely imagine. The numbers are preliminary – not all graduates have found work – but you can safely assume the trend is legitimate. Roughly 27% of Harvard Business School’s Class of 2013 has been hired by financial services companies, down from 35% in 2012 and 48% in 2008, according to a new survey. Or maybe their shiny Harvard MBA degrees are failing to impress investment banks, private equity firms and hedge funds like they once did.
The cream of the crop appears a bit leery of taking a job on Wall Street.
