We have been continuously observing that top master's student grads eventually end up in finance or consulting. Why? Because these are the organizations that honor them with prestige, stability, and handsome pay.
People are more likely to be inclined to have prestige and a stable life than a struggling or adventurous career option, especially when you have achieved enough in your educational background! Not negating that making a career in finance, investment, and consulting is not venturesome.
Moreover, every year, many graduates from top-ranking universities make their places in consulting or finance a career option. So, there is something about it making a significant impact on these grads, etching their names as their long-term goal.
Over decades, these businesses have infiltrated and reshaped the atmosphere of these universities, further resulting in a startlingly high conversion rate of graduates into their ranks. As a result, fewer applicants are available for jobs in industries such as healthcare, education, energy, and environmental research, and if I'm not mistaken, that's something to think over.
Why do these grads rush into consulting and finance?
When these graduates begin working for these firms, they receive the prestige promised to them. On the other hand, the actual job entails a lot of boring daily work routines, numerous versions of slide decks, etc. The same bundle of tasks and a slew of other mundane activities. But that's irrelevant, and it's exactly what these students desired.
Most students seek out the most straightforward opportunities with the least risk and, while large companies are wining and dining them, they may overlook the organizations and tiny entrepreneurs quietly doing breakthrough, meaningful work.
These firms not only make students' life's easier but also make their status in society, and once they get accustomed to it, it is not easy to get back. With a handsome pay scale and engaging workplace, these firms work as status markers in their lives. And then it gets difficult to switch to a more adventurous job that doesn't pay nearly as much.
There are many reasons why top master's students want to work in consulting and finance. That being the case, I'll list below a few reasons that would help you understand its story better:
- Extensive career opportunities.
- Opportunity to visit abroad.
- It demonstrates your motivation and dedication.
- Your talents and expertise in the industry will be in high demand.
On the other hand, there are more reasons for grads making their career options in consulting and finance. They find a massive variety of projects that they will handle with early responsibility capabilities and get to work with amazing workmates, with continuous learning, achieving successful results in their area. And why not? Who doesn’t want to grow?
Because, in a world that emphasizes skill development and continuous professional advancement, top master’s student graduates are drawn to the promise that these firms will teach them talents that they can apply anyplace.
Also read: Getting MIM in Germany
Summary
We have been continuously observing that top master's student grads eventually end up in finance or consulting. Why? Because these are the organizations that honor them with prestige, stability, and handsome pay.
Over decades, these businesses have infiltrated and reshaped the atmosphere of these universities, further resulting in a startlingly high conversion rate of graduates into their ranks. Let us know why do these grads rush into consulting and finance?