Monday’s Headlines: MBAs Prefer Non-financial Firms in Their Employer Wish List
A recent survey of where MBAs wish they worked show only three financial firms made the top 10, and none are in the top three. Bain Capital placed fourth, ahead of number seven, Goldman Sachs and 10th placed J.P. Morgan. CNN Money highlights the top 15 places new MBAs say they want to work. It’s a nifty story giving the percent of MBAs employed at each outfit, hiring outlooks and what it takes to get an offer. A few quirky tidbits:
- Google is conducting some interviews via Google Hangouts.
- McKinsey is noted as a great place for working moms.
- There is a new push to hire MBAs at the post-Jobs Apple.
- Millennials reportedly tend to stay longer than planned at Boston Consulting because the work is so stimulating.
- MBA interns at Amazon get face-time with top execs through brown bags.
- Facebook’s COO Sheryl Sandberg mentors women in tech.
Citi plans to boost its wealth management business by 500 advisers in two years. [Investment News]
Q4 lending by global banks fell by the largest amount since 2008. [DealBook]
Regulations push European financial firms to dump private equity stakes. [Financial Times]
Morgan Stanley’s bond business is in trouble. [Reuters]
Warburg Pincus will buy a controlling stake in Indian lender Future Capital for $98.8 million. [Reuters]
Former Lehman trader Allan Bedwick is closing his $120 million hedge fund focused on Asia. [Reuters]
A look at the Nature Conservancy's hedge fund. [Businessweek]
Portugal announced it will prop up three banks. [WSJ]