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The battle rages on.
Wall Street and Silicon Valley keep fighting for the top graduates.
Students are increasingly waving good-bye to Wall Street... the tech industry just keeps getting more and more alluring.
And banks are getting nervous. Some have started to raise junior banker salaries, and others have cut hours — hoping to attract and retain the top talent.
Still, some graduates are still heading to Wall Street, and Business Insider wanted to know why.
So we've asked some recent grads why they chose Wall Street over Silicon Valley — even though tech is the industry du jour.
The computer science intro class was "the hardest class ever."
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“I had to take the computer science intro class for the engineering requirement. Holy ****, it was the hardest class I ever took in my life. I was up until 4 AM trying to get those problem sets done.”
First year analyst, bulge bracket bank
Everyone in the family worked in finance.
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“Both my father and grandfather worked at banks, and I went into college assuming I would do the same. I grew up knowing a lot about the industry. I never thought about going into tech... Or being a doctor or lawyer, or anything like that.”
Second year analyst, bulge bracket bank
There's a strong fraternity alumni network connected to some banks.
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“A lot of my frat’s alumni worked at [a big bulge bracket bank]. It just seemed like... the most direct path for me. I actually secured my summer analyst gig by December.”
First year analyst, bulge bracket bank
(Business Insider note: Summer analyst offers are not typically made until the second semester — after the recruiting season.)
See the rest of the story at Business Insider