-
2 days ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Henry Blodget
Ken Griffin's financial companies extended invites to less than half a percentage point of applicants for the firms' 2025 summer internship program. Read that again if you need to. Citadel, a hedge fund, and its sister firm Citadel Securities, a market maker, accepted just 0.4% of students who applied for this year's summer training program. It's a record level of exclusivity even for a pair of firms known for recruiting only the brainiest quants and traders.
-
2 days ago | 
businessinsider.com | Kaja Whitehouse |Reed Alexander |Alex Nicoll |Emmalyse Brownstein
JPMorgan is warning junior bankers against taking future-dated jobs with buyout firms — or even sneaking out of job training to take interviews. On Wednesday, JPMorgan Chase's top investment banking brass sent a memo to incoming first-year IB analysts warning them against participating in the private equity industry's annual recruiting ritual.
-
1 week ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Henry Blodget
2025-05-31T09:00:02Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. June marks the start of many summer internship programs on Wall Street.
-
2 weeks ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Reed Alexander |Alex Nicoll
Graduation season is supposed to be filled with commencement speeches, family dinners, and tearful goodbyes. Newly minted graduates headed to Wall Street, however, are finding themselves trading libations for leveraged buyout models. Soon-to-be junior bankers told Business Insider that they have been summoned in recent weeks to introductory meetings with buyout firms and headhunters for associate jobs that won't start for two years — when their investment banking analyst programs end.
-
3 weeks ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Henry Blodget
IPOs are making headlines again, which could mean Pat Healy's hopes for "hot and heavy" activity this year may not be completely quashed after all. Healy is the founder and CEO of Issuer Network, which helps C-suite executives leading IPOs get multimillion-dollar marketing packages from prospective stock exchanges through "bake-off" bidding competitions.
-
3 weeks ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Henry Blodget
In his first week as a freshman at Columbia University, Jordan Cancel, a Floridian who was then 18, saw just how competitive a career path to finance would be. Outside the iconic Butler Library, known for its Neoclassical columns, mobs of students were clamoring to get to informational booths set up by the college's finance and business clubs. "There were lines and lines of kids queued up at these club booths," Cancel, now 20, recalled in an interview with Business Insider.
-
1 month ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Reed Alexander |Henry Blodget
Jefferies 2025-05-07T14:45:54Z Facebook Email X LinkedIn Copy link An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . Carter McIntosh, a 28-year-old Jefferies TMT banker, died of a toxic mix of drugs, BI has learned. The Dallas medical examiner ruled the death an accident.
-
1 month ago | 
businessinsider.de | Emmalyse Brownstein
Junge Unternehmer wissen, was sie von ihrem zukünftigen Job wollen. Getty Images; Alyssa Powell/BI Wie verändern sich die Karriereziele der Finanzstudenten? Eine Umfrage von Business Insider zeigt, dass die großen Namen wie Goldman Sachs und JPMorgan immer noch beliebt sind, aber Boutique-Banken und Buy-Side-Firmen an Reiz gewinnen.
-
1 month ago | 
businessinsider.de | Emmalyse Brownstein
Junge Unternehmer wissen, was sie von ihrem zukünftigen Job wollen. Getty Images; Alyssa Powell/BI Wie verändern sich die Karriereziele der Finanzstudenten? Eine Umfrage von Business Insider zeigt, dass die großen Namen wie Goldman Sachs und JPMorgan immer noch beliebt sind, aber Boutique-Banken und Buy-Side-Firmen an Reiz gewinnen.
-
1 month ago | 
businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Henry Blodget
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . Twenty years ago, getting jobs in private equity was an ultra-niche choice for MBA grads at the prestigious Wharton School. According to the school's career report for 2004, just over 4% of MBA students in that year's graduating class were headed for jobs in private equity and venture capital. By contrast, more than 23% had landed investment banking and brokerage jobs.
