M.B.A.s Are Losing Their Importance on Wall Street

Posted on September 16th, 2007

Many young people on the fast track to fat paydays in the financial industry are choosing to forgo M.B.A. programs. As more Americans have become abundantly wealthy, young people are recalculating old assumptions about success. The flood of money into private equity and hedge funds over the last decade has made billionaires…

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