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No they attract only students who DO know their worth. $BIG_WALLst_COMPANY will only employ people who have done an internship on Wall St. This means that all
by kiuygtfdghjn 16y ago
No they attract only students who DO know their worth.
$BIG_WALLst_COMPANY will only employ people who have done an internship on Wall St.
This means that all Wall st $BIG_COMPANIES can offer unpaid internships because they have a $$$ value to you. And compared to the $$ cost of going to Harvard/Yale (the only other requirement for Wall St) it doesn't really matter.
If a student thinks that the $1000/month they could be earning in a paid internship doing web design in Idaho has more value they are probably wasting their tuition anyway.
- alexgartrell 16y agostudents who go to Microsoft or Google can expect to make about $5,000 a month. A friend of mine god an offer from a financial who was trying to give him $6,000 a month. I'll also add that my cousin is a global controller for a relatively small (I guess?) hedge fund on Wall Street and he cut his teeth working a job during college. Also, he went to Ohio State. In Computer Science, at least, you will not be taken seriously unless they are paying you (by them or any other company). And again, going beyond that, my friends who are working on Wall St. (CMU kids) are being paid. Unpaid (and poorly paid) internships are for suckers.
- hga 16y ago"In Computer Science, at least, you will not be taken seriously unless they are paying you" Indeed. I very recently checked with my friend who runs MIT's EECS undergraduate program and she said that all their internships are paid.
- kiuygtfdghjn 16y ago>my friends who are working on Wall St. (CMU kids) are being paid. They are working as programmers/quants? The ones who are going to be partners aren't being paid.
- francoisdevlin 16y agoYeah, because God forbid anyone in this country from actually producing something... Damn system.