Are bankers elitist?
If you watch any of the classic “money movies,” the answer is a clear yes.
The industry has become more diverse, but prestige still matters.
A medieval literature major at an Ivy League school has a better chance of winning investment banking offers than an accounting/finance double major with perfect grades at an unknown state school.
So if you’re at a non-target school, and you’re serious about investment banking or private equity, you should transfer to a better university – even if you can’t afford it.
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