Impact of the Financial Meltdown on Business Schools

<p><a href="http://finance.yahoo.com/college-education/article/105779/B-Schools-Wary-on-Lehman,-Merrill-Impact%5B/url%5D"&gt;http://finance.yahoo.com/college-education/article/105779/B-Schools-Wary-on-Lehman,-Merrill-Impact&lt;/a&gt;&lt;/p>

<p>Basically, job offers are down and internships are going to be harder to come by. Are problems on wallstreet prompting anyone to reconsider applying to Wharton?</p>

<p>im not so sure about that. theres always a need for bankers, accountants, marketing strategists, management people, actuaries, statistic gurus, and real estate developers, etc. wharton is a top notch school for all these things..</p>

<p>and besides, the economy is all about cycles... dont tell me 4-5 years down the road the economy is still gonna be s h it. and im sure that business minded or current affairs involved students know this..</p>

<p>Yeah, when things start to fall apart, you're still going to need people who'll be able to get things rolling again.</p>

<p>I would have hoped that, as mathmajor hinted at, there are people applying to the wharton school who wanted to do something other than becoming a cog in the finance machine and pile up money (and I know there are,--I've met many of them)</p>

<p>Hopefully this shake-out will mean students drawn to finance just for the guaranteed high income will pursue other kinds of business, or maybe even (lord forbid) engineering, or liberal arts, or science.</p>

<p>excellent, this is exactly what i was hoping would happen, as it seperates those who truly are interested in finance from those who simply want to become rich.</p>

<p>and despite a cyclical economy, even the analysts agree that wall street will never be as powerful and large as it was, as the credit market has changed significantly</p>

<p>To be honest, everyone at Wharton who aims to go to Wall st is "truly interested in finance" AND "want to become rich"</p>