MBA Students Still Banking on Finance<http://loan-for-study.blogspot.com/2009/12/mba-students-still-banking-on-finance.html> Despite thousands of career casualties, the crisis has not made MBA students any less eager to charge into the front lines of finance. A third of 2009 full-time MBA candidates plan to pursue careers at finance and accounting firms, level with the past two years, according to annual surveys by the Graduate Management Admission Council, a nonprofit group that administers the GMAT. Jonathan Lemle, in his second year at Columbia Business School, is still committed to landing a job at a real estate fund. "If anything, the crisis has just motivated me to work harder," he said. "The jobs that I am seeking are still out there, there will just be less of them and they will ultimately be harder to obtain. The program is what you make of it." Driving the interest in a post-MBA finance career is simple economics. Stocks and houses may be on sale, but business schools are not any cheaper than they were 18 months ago. Tuition and fees at top full-time MBA programs still average almost $90,000, roughly $100 per hour of class-time. Students, in turn, are not any less enthralled with the prospect of a lucrative Wall Street career, even if they may be harder to come by these days. Sarah Driansky, a current MBA candidate at New York University's Stern Business School, said the cost of the degree is "truly exorbitant," though she does not regret her decision to pursue one. "It makes any career choice other than a top finance or investment banking position, a serious economic decision," she said. Read More Click Here<http://loan-for-study.blogspot.com/2009/12/mba-students-still-banking-on-finance.html>
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